This is a lapel pin photographic portrait of Valentina Vladimirovna Tereshkova. On 16 June 1963, Valentina Tereshkova became the first woman to orbit the Earth, when the USSR launched her Vostok 6 spacecraft. He flight lasted for almost three days and coincided with the flight of Vostok 5 which launched two days prior and carried Soviet cosmonaut Valery Fyodorovich Bykovsky.
This object is not on display at the National Air and Space Museum. It is either on loan or in storage.