8 April 2013 Last updated at 01:50 ET
The medal was awarded to Arthur Henderson for his work on international disarmament
Three men have been arrested on suspicion of burglary after items including a Nobel Peace Prize were stolen in Newcastle.
The medal was taken along with antique silverware and a lock of hair from naval Admiral Lord Collingwood during a raid at the lord mayor's Mansion House in Jesmond.
Northumbria Police arrested the men, aged 20, 21 and 64, on Sunday.
A reward of £30,000 had earlier been offered for the return of the items.
The gold Nobel Peace Prize was awarded to Newcastle's Arthur Henderson in 1934 for his work on international disarmament in the run up to World War II.
Newcastle City Council uses the Mansion House for civic receptions.
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