1398

Panama, gold (10K) medal, 1913, McClintic Marshall Const Co. (Panama Canal), engraved on back to Art

Currency:USD Category:Coins & Paper Money / Medals & Tokens Start Price:700.00 USD Estimated At:700.00 - 1,000.00 USD
Panama, gold (10K) medal, 1913, McClintic Marshall Const Co. (Panama Canal), engraved on back to Art
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This item SOLD at 2012 Apr 12 @ 10:37UTC-4 : AST/EDT
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Panama, gold (10K) medal, 1913, McClintic Marshall Const Co. (Panama Canal), engraved on back to Arthur D. Jury, rare. 15.1 grams. Considered one of the "Seven Wonders of the Modern World," the Panama Canal was built in 1880-1914 to connect the Pacific Ocean with the Caribbean Sea. The principal feature of the Canal is a series of locks, whose immense steel gates are opened and closed to raise and lower the water level between them and thereby allow ships to "climb" from one side to the other. This important gold medal, made by C.G. Braxmar Co. in New York, was issued to recognize the McClintic Marshall Construction Company, the Pittsburgh-based firm that built the lock-gates, which were actually manufactured in the US and towed by barge to Panama, in 1911-13. The engraving on back, to a company official we were unable to further identify, specifies a date of October 27, 1913, and the place as "Panama / C.Z." As this medal is missing in David Plowman's catalog of Panama medals (www.coins-of-panama.com), we assume it is quite rare and of supreme importance to "Zonian" collectors. XF+, with hole at top.