[vintagesportscollector]

Ray, the medal is certainly legit for the period. It's a generic image, and the blank medal was produced as an award, and anything could be engraved in the space to the left of the batter or on back. I've seen the image with different engravings. There may be no way to know for sure why this was engraved 'AL 1927 Champs". Perhaps there are others that were intended for and given out celebrating the Yankees. That it doesn't say Yankees leads me to think it wasn't official for the Yankees, or its original intention was for another team and final engraving never completed.