You Tried Enamel PinAdam JK
You say consolation prize, I say HEY IT'S A PRIZE, PRIZES ARE COOL. Who cares if you win or lose as long as you make an effort? This enamel pin is as shiny as any trophy, but unlike a trophy, you can wear this and make people look at it every single day. Take that, first place.
Also, can we be real for a second? Sometimes it takes a LOT of effort to even try at all. I feel like it's not unreasonable to celebrate trying. Actually, this is something I've thought about before.
1.5" gold enamel pin with purple and blue fill. The rubber clutch on the back won't slip off when you wear it!