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Lot
4238

1925 Medal Norse Gold PR63 NGC. CAC....

2009 January Orlando, FL FUN Auction #1121

 
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Auction Ended On: Jan 8, 2009
Item Activity: 8 Internet/mail/phone bidders
2,353 page views
Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
Historic 1925 Norse American Medal
Gold Planchet, PR63
1925 Medal Norse Gold PR63 NGC. CAC. The sponsor of the Norse American medal was Congressman O. J. Kvale of Minneapolis, Minnesota. Wishing to commemorate the 100th anniversary of the first organized arrival of Norse immigrants in the United States, Kvale proposed this issue for Congressional consideration. Since Congress had already approved four commemorative coins in 1925, and because the controversy surrounding the Huguenot- Walloon Tercentenary half dollar of 1924 was still fresh in Congressional minds, Kvale believed a medal stood a better chance of approval than another coin. The issue was authorized on March 2, 1925.
The Mint delivered 33,750 medals on thick silver planchets, 6,000 medals on thin silver planchets, and only 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. Arlie Slabaugh described this issue in his early work on U.S. Commemoratives. 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 obverse and reverse are honey-gold in color with an unquestionably matte texture. The scattered, grade-defining contact marks are not individually distracting. The present specimen is a fine example of this scarce issue.

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