A blog article published October 3, 2019 by James McCartney of Stack's Bowers highlights an important historic medal offered in the firm's upcoming November sale.
-Editor
The Telford medal is the pinnacle of awards in the field of engineering and this particular example has strong ties to a major development in a major American city. We are
delighted to be offering it in our November 2019 Baltimore Auction, where it will be accompanied by several significant gold medals.
It was first announced by the British Institution of Civil Engineers in 1835 following a bequest from Thomas Telford, who was the organization's first president. The award
medal was intended to recognize innovation in the field of engineering and is open to engineers from all over the world. While the medal was first awarded in 1837, all of the
medals are dated 1828 in exergue, marking the year the Institution received a royal charter from King George IV.
Initially, the medals were struck in gold, silver and bronze, and it is the silver and bronze versions that are most often encountered. However, it has been almost exclusively
presented in gold since 1901. The gold examples are highly coveted and rarely come to market. We are aware of just one other specimen that has been offered publicly over the past
decade.
The specimen to be presented in our November auction was awarded in 1910 to British engineer Charles Mattathias Jacobs for his construction of the North River Tunnels linking
New Jersey and Manhattan beneath the Hudson River. These tunnels were commissioned by the Pennsylvania Railroad Company to establish for the first time uninterrupted rail service
between Philadelphia and Manhattan. Chief Engineer Jacobs began working on the designs for the project in 1902 and started construction in 1904. Excavation of the bedrock began
simultaneously on each side of the Hudson, with two teams working toward each other building tubes of iron and concrete beneath the river. When the first tubes were united in
September 1906, they formed the longest underwater tunnel in the world. The North River Tunnels were officially opened in November 1910, shuttling trains between Weehawken, NJ and
Pennsylvania Station in Manhattan.
Over a century later, these tunnels are still being used by today's commuters. They currently allow a maximum of 24 one-way train trips per hour, for a total of 48 trains
between the two tunnels. Traffic reached a peak in the late 2000s, when over 430 trains were making the commute per day. The tunnels were flooded and extensively damaged by
Hurricane Sandy in November 2012, and as a result, increased delays have frustrated commuters ever since. The tunnels are scheduled to be refurbished as part of the $20 billion
Gateway Program that is planned to be completed in 2026.
This is an extremely impressive medal that marks an historic milestone in New York City history. Weighing nearly 4 troy ounces, it is struck in dramatic high-relief with
considerable swirling die polish on the obverse bust of Thomas Telford. The surfaces show vibrant yellow gold coloration with honey shades around the truncation and apricot patina
at the edges. The rims feature subtle engine-turning which produces a lovely rippled texture. Also included is the original leatherette case lined in purple velvet with an intact,
functioning clasp. The case is lightly worn with a portion of delamination at the lower right edge.
As a fan of the history of business and technology, medals relating to engineering achievements are of special interest. Like many Americans, I've traveled those tunnels on
multiple occasions, scarcely giving them a thought. An important achievement. -Editor
To read the complete article, see:
Historic Gold Telford Medal be Featured in our November 2019 Baltimore
Auction (https://www.stacksbowers.com/News/Pages/Blogs.aspx?ArticleID=Historic-Gold-Telford-Medal)
Wayne Homren, Editor
The Numismatic Bibliomania Society is a non-profit organization
promoting numismatic literature. See our web site at coinbooks.org.
To submit items for publication in The E-Sylum, write to the Editor
at this address: whomren@gmail.com
To subscribe go to: https://my.binhost.com/lists/listinfo/esylum
Copyright © 1998 - 2024 The Numismatic Bibliomania Society (NBS)
All Rights Reserved.
NBS Home Page
Contact the NBS webmaster
|