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Lot
30610

1925 Medal Norse Gold Matte PR67 NGC....

2005 Ft. Lauderdale FL. (FUN) Signature Sale #360

 
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Auction Ended On: Jan 12, 2005
Item Activity: 9 Internet/mail/phone bidders
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Location: Fort Lauderdale, FL
Description:
Very Rare Superb Matte Proof Norse Medal
1925 Medal Norse Gold Matte PR67 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, a group of Scandinavians had arrived in Orleans County, New York on October 9, 1825. Kvale thought it best to petition 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 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 and well preserved. Both sides are a rich olive-gold in color with an unquestionably matte texture. Even close examination with a loupe fails to disclose any distracting marks, abrasions, or spots. Anthony Swiatek wrote a complete history of the Norse American commemorative medals in the June 1982 issue of The Numismatist. This is a truly rare opportunity for the advanced commemorative specialist.(#9452) (PCGS# 9452)

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Auction 1216, Lot 4465 Wednesday, January 7, 2015 PR67 NGC $1.00
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