Yeah, we never got participation trophies beyond tee ball, and neither have any of my kids.
One time my oldest was in a baseball tournament that was supposed to have 12 teams, but got rained out, and they moved it to mid week. When that happened, 8 teams dropped out, but they had trophies for 1st and 2nd, and rings for 3rd and 4th. So he does have a ring, which is long lost, that says 4th place on it. Out of 4