Description
Antique coin, medallion, or paperweight. This commemorative coin is bronze & depicts the North River Insurance Company's One Hundredth Anniversary Minted by Whitehead-Hoag. .The medal is design by Kilenyi. FOUNDED BY / RICHARD WHILEY. Reverse side is steam & sail boat on river, house burning, within oak & laurel wreath; hourglass at bottom: 1822 - 1922 The patina is awesome & much, much better looking than in the photos! It is just a fabulous rich bronze that you love to see on an antique piece! It's in excellent condition, The coin or medallion measures approximately 4" in diameter. Please see all pictures, estate sale find, feel free to message us with any questions. It weighs Over 11oz. Whitehead & Hoag was founded in 1892 in Newark, New Jersey, by Benjamin S. Whitehead (1858-1940) & Chester R. Hoag (1860-1935) when the two teamed up to combine their expertise & formalize their friendship. in 1892 the two friends decided to team up & formally incorporated under the name Whitehead & Hoag Company. Over time they developed expertise in manufacturing buttons & acquired three major patents that allowed them to grow the company into the dominant player in this lucrative field. Buttons were in high demand as they were a very cost-effective way of advertising, both in business & in politics, & Whitehead & Hoag serviced that demand very well. During the Second World War Whitehead & Hoag employed over 400 workers but it could not successfully grow from a mid-sized family-owned company to a large corporation. in 1953 the last founders' family member with an active interest in the company died & the firm started deteriorating. One or two profitable years would be followed by several years of financial losses. in 1959, a long-time competitor, Bastian Bros. of Rochester, N.Y., bought the business. 1922 Antique Whitehead-Hoag 4" Brass Medallion, Coin, Paper Weight The North River Insurance Company Advertising 100Th Anniversary
