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Lot
9153

1925 Norse American Gold Medal PR63 Matte NGC. The ...

2002 September Long Beach Signature Sale #300

 
Sold for: $6,037.50 (includes BP )
Bid Source: Live: Floor bidder
Auction Ended On: Sep 28, 2002
Item Activity: 7 Internet/mail/phone bidders
2,150 page views
Description:
Intriguing 1925 Norse American Medal, Rare Matte Proof Striking
1925 Medal Norse American Gold Medal PR63 Matte NGC. The Norse American medal was proposed by Congressman O. J. Kvale of Minneapolis, Minnesota. Authorized by Congress on March 2, 1925, these medals commemorate the 100th anniversary of the first organized arrival of Norse immigrants in the United States. After crossing the Atlantic Ocean on the sloop Restaurationen, these Scandinavians had arrived in Orleans County, New York on October 9, 1825. Kvale petitioned for a medal instead of a coin because Congress had authorized four Commemorative coins earlier in 1925: the Lexington-Concord Sesquicentennial, Fort Vancouver Centennial, California Diamond Jubilee, and Vermont or Battle of Bennington Half Dollars. The controversy surrounding the Huguenot-Walloon Tercentenary Half Dollar of 1924 also helped to convince Congressman Kvale that a proposal for a medal stood a better chance of acceptance by the federal government at that time.
In addition to 33,750 medals on thick silver planchets and 6,000 medals on thin silver planchets, the Philadelphia Mint delivered 100 medals on gold planchets. All of these pieces were probably struck in early May 1925. The gold medals were produced as matte proofs and sold to the public at a price of $20 each. Today, specimens are rare, and advanced collectors traditionally include them in sets of U.S. Commemorative coins. The present survivor is an uncommonly attractive piece for the grade. Both sides are honey-gold in color with an unquestionably matte texture. The scattered, grade-defining contact marks are not individually distracting. Anthony Swiatek wrote a complete history of the Norse American commemorative medals in the June 1982 issue of The Numismatist. (#9452)

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Guides and Pricing Information:

Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 1153, Lot 4317 Sunday, March 20, 2011 63 PCGS $16,675.00
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.
Previous Prices Reported By Other Auction Firms (Not Verified By Heritage)
Source Date Grade Service Realized
Unconfirmed Tuesday, December 6, 2005 63 NGC $13,800.00
PLEASE NOTE: Heritage has not verified this data, which represents the sale or auction of an item from a third party (and includes the Buyer’s Premium where applicable). All information listed is intended to be as accurate as possible, but it has been taken from sources that may or may not be reliable and errors are possible. Please use this guide carefully and inform us of any inaccuracies.
Price Guide*
Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
62 --- --- --- --- --- --- ---
63 --- --- --- --- --- $16,500 $17,000
64 --- --- --- --- --- $19,500 $21,000
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.
Population Guide
Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 0  
NGC 63 0 0 0 -
CAC 63 2 1 3 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.
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Proof Commemorative Gold: , 1925 Norse American Gold Medal PR63 Matte NGC. The ...

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