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2105

1925 Medal Norse Gold PR65 NGC....

2007 Milwaukee, WI (ANA) Signature Coin Auction #444

 
Sold for: Not Sold
Auction Ended On: Aug 9, 2007
Item Activity: 7 Internet/mail/phone bidders
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Location: Milwaukee, WI
Description:
Gem Matte Proof 1925 Gold Norse-American Medal
1925 Medal Norse Gold PR65 NGC. Minneapolis Seventh District Congressman O.J. Kvale was the driving force behind the issuance of the Norse-American commemorative medals. A member of the Coinage, Weights, and Measures Committee, Kvale was in a position to drive the development of the various pieces. Authorized by Congress on March 2, 1925, the 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 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. Besides the thick and thin silver versions of the medals, gold and copper-bronze versions were issued, the latter triple silver-plated. The 1-inch gold medals were issued to the extent of a mere 100 pieces, of which 53 were subsequently melted, for a net emission of 47 pieces. . The piece is expectedly in medal rather than coin turn, and the OPUS FRASER on the reverse is roughly equivalent to "Fraser fecit," in other words a work of Fraser.
This example shows glorious, fine-grained matte proof surfaces that show no mentionable distractions of any sort, save for a couple of small dark toning spots on the reverse. The present medal is one of three PR65 pieces graded at NGC, with four finer (7/07). (PCGS# 9452)

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