1918 AE Medal JK-AC-62, William Gibbs McAdoo SP(PCGS#972619)

1918 AE Medal JK-AC-62, William Gibbs McAdoo SP (PCGS#972619)

Spring 2023 U.S. Coins Auction

详细说明: 1918 United States Assay Commission Medal. By George T. Morgan and John R. Sinnock. JK AC-62. Rarity-5. Bronze. MS-65 (NGC). 51 mm. This is a fully original piece with deep golden-bronze patina that lightens perceptibly at the obverse border. Slight marbling and speckling to the color is evident on the reverse. Delightfully smooth with a satiny texture, this lovely Gem is sure to please discerning specialists. The obverse portrait for the 1918 Assay Commission medal is that of William Gibbs McAdoo, secretary of the Treasury from March 6, 1913, to December 15, 1918. A major financial figure during the early 20th century, McAdoo built the Hudson and Manhattan Railroad (the Hudson Tubes, now the PATH system) and, as secretary of the Treasury, made the massive Liberty Loans a resounding success. He also administered the nation's railroads under Federal management during World War I. The son-in-law of President Woodrow Wilson, McAdoo had presidential ambitions of his own but failed to secure the Democratic Party's nomination in 1924, partly because of his ambiguous stand on the issue of the Ku Klux Klan. Provenance: From our Baltimore Auction of March 2016, lot 12039. Click here for certification details from NGC.