The obverse bears the well-known reverse of the Athenian tetradrachm with owl, olive branch and ΑΘΕ. Around patinated background, - THOMAS J. WATSON - MEMORIAL MERIT SCHOLARSHIP
The reverse bears year in center field, 19 / 63; around, - INTERNATIONAL BUSINESS MACHINES CORPORATION
The edge is marked MEDALLIC ART CO.N.Y.
The medal was commissioned by IBM as a physical token accompanying the more significant scholarship grant. As of 2014, the Thomas J. Watson Memorial Merit Scholarship awarded $2,000 per year to high achieving children of IBM employees. The grant is renewable for 4 years. Summer internship opportunities are also available to recipients.
The medal was struck by the Medallic Art Company of New York.
References: MACo 1961-013