Medals relating to Commerce

This medal's obverse bears Mercury at right, cornucopia at his feet, gazing scene with sailing ship, and group of people at left; large house and sun in background.  Around, FIRST CENTENARY S.E.L. MADURO & SONS / 1837 - CURACAO - N - W - I - 1937

The reverse bears front facing bust of founder before seascape with anchor to his left and dolphin to his right. Around, S · E · L · MADURO FOUNDER - · 24TH JANUARY 1837 ·

The company was established by Salomon Elias Levy Maduro in 1837. He started his own ship's agency and bunkering services company in the port of Curacao. During the years that followed his sons joined him in the business. Under the name of S.E.L. Maduro & Sons it evolved into a holding company with interests in real estate, travel and leisure activities, and a variety of services related to the shipping and transportation industry.

The circular medal measures 76mm in diameter and was struck in bronze by the Medallic Art Company of New York. No mintage is reported.

References:   MACo 1936-031

The obverse bears likeness of Alexander Edward Duncan. Around, COMMERCIAL CREDIT COMPANY / ALEXANDER EDWARD DUNCAN - FOUNDER; to left and right of portrait, 1912 / 1937; signed at lower right (HS monogram).

The reverse bears male nude with horn of plenty, seated, beholding skyline of New York City and sun on horizon. Around, $300,000 - 1912 INVESTED CAPITAL 1937 - $63,500,000; In lower field, ALEXANDER E. DUNCAN - JAMES C. FENHAGEN / WILLIAM H. GRIMES - R. WALTER GRAHAM / ELI C. WAREHEIM - SYLVAN H. AUCHHEIMER / HENRY B. MATHEWS - FRANK M. NICODEMUS / WILLIAM A. KOEGEL - HARRY KRATZ / 1912.

The edge is marked MEDALLIC ART CO N.Y / BRONZE.

The Commercial Credit Company was founded in Baltimore by Alexander E. Duncan and a group of eight businessmen. The company initially lent money to companies using their accounts receivable as security. Starting in 1916, the firm entered the growing field of auto finance, which became an ever increasingly important branch of its business until the 1930s, when the Great Depression caused auto sales to plunge. During this time, the firm bought several debt collection services and consolidated them under the name Textile Banking Co., Inc.

The Commercial Credit Company went through several transformations during its history, which extends to this day. In the 1980s and 90s, the company acquired the Control Data Corporation, Primerica Inc., Action Data Services, Inc., the loan partfolio of Barclays American Financial and Landmark Financial Services Inc.

References:   MACo 1937-033

The medallion's obverse bears a tall ship under full sail, half left, followed by other ship on horizon.  Below, FROM / W. R. GRACE & CO. / WILLIAM J. CASHiN / 1965 / IN RECOGNITION OF / 20 YEARS OF LOYAL SERVICE

The medallion's reverse bears the American double continent with shipping lines, surrounded by modern images including skyscrapers, freighter, industrial installations, plantations, and an airplane.

W.R. Grace and Company was founded in 1854, in Peru, by William Russell Grace, who left Ireland due to the potato famine, and traveled to South America with his father and family. He went first to Peru to work as a ship's chandler for the firm of Bryce and Company, to the merchantmen harvesting guano, used as a fertilizer and gunpowder ingredient.

His brother Michael joined the business and in 1865 the company name was changed to Grace Brothers & Co. The company set up head office operations in New York City in 1865. Working in fertilizer and machinery, the company was formally chartered in 1872, and incorporated in 1895.

The circular medallion measures 88.6mm in diameter and was struck in bronze and silver by the Medallic Art Company of New York.

References:   MACo 1937-019

Chambellan designed this medal in the early 1930's for the National Association of Manufacturers.

The obverse bears the Statue of Liberty in the center with light radiating from behind its head. From left to right depictions of the Capitol, orator in front of listening crowd, church, printing press, machinery, and skyscrapers. Above, LIBERTY; signed R. CHAMBELLAN SC.

The reverse bears bowl of fire labeled FREEDOM resting on tripod with legs inscribed REPRESENTATIVE DEMOCRACY, CIVIL AND RELIGIOUS LIBERTY, and FREE PRIVATE ENTERPRISE. Workers and a mother with children in front of smokestacks and buildings. Along rim on left, THE NATIONAL ASSOCIATION OF MANUFACTURERS.

This medal expresses the belief in the benefits of a capitalist democracy, with economic freedom being one of the pillars on which freedom rests.

This bronze medal has a diameter of 76mm and weighs 171g. It was struck by the Medallic Art Company in New York.

References:   MACo 1940-064, Marqusee 108

The medal's obverse depicts various refinery operations with a worker in the foreground. Around, TO THE MEN AND WOMEN OF THE HUMBLE OIL & REFINING COMPANY COMMEMORATING THEIR / PRODUCTION OF ONE BILLION GALLONS OF 100 OCTANE GASOLINE AT BAYTOWN REFINERY; below, DECEMBER 14, 1944 / HOUSTON, TEXAS

The reverse bears three flying fortresses dropping bombs. In lower half of field, YOUR ACHIEVEMENT IN PRODUCING A BILLION GALLONS OF / 100 OCTANE GASOLINE HAS GREATLY CONTRIBUTED TO / THE GAINING OF AIR SUPREMACY OVER OUR ENEMIES / (signature of General H H Arnold) / GENERAL U.S. ARMY / COMMANDING GENERAL ARMY AIR FORCES

On December 14, 1945 the 14,000 employees of Humble Oil & Refining Company were honored at a ceremony celebrating the manufacture of a billion gallons of finished 100 Octane Aviation Gasoline at the company's Baytown refinery. A medal was commissioned to commemorate the event and Chambellan was chosen to design and model it.

The medal measures 62mm in diameter and was struck by the Medallic Art Company of New York. No mintage is reported.

References:   MACo 1944-012

The medal's obverse bears old-fashioned, horse-drawn petroleum tanker in front of shell; below fleet of tanker trucks driving towards left; wreath around lower half. Around top, SHELL · AMERICAN · PETROLEUM · COMPANY; to left and right, 1921 - 1946; signed at center bottom (RC monogram)

The medal's reverse bears outline of state of Indiana with north-western corner raised above; five stars across center. Around top, A QUARTER CENTURY OF SERVICE; in five lines across lower half, FOR TWENTY-FIVE YEARS SHELL / AMERICAN PETROLEUM COMPANY / HAS MARKETED QUALITY PRODUCTS / IN THE NORTHWEST QUARTER OF / THE STATE OF INDIANA

References:   MACo 1945-002

The medal's obverse bears busts of Martin L. Beistle, Henry E. Luhrs and J.S. Omwake. Around top, M.L. BEISTLE FOUNRER. H.E.LUHRS BUILDER. J.S. OMWAKE INCORPORATOR.; in exergue, THE BEISTLE COMPANY / FIFTIETH - ANNIVERSARY / 1900-1950

The medal's reverse bears selection of company's products, including toys and combed tissue decorations. In center field, TO FRIENDS OF / THE BEISTLE COMPANY / IN APPRECIATION OF YOUR / LOYALTY AND SUPPORT / WHICH MADE POSSIBLE OUR / FIFTY YEARS / OF SERVICE AND GROWTH / 1900 - 1950

The Beistle Company was founded in 1900 by Martin Luther Beistle.  Working in the basement of his home near Pittsburgh, he produced small imprints and calendars. The company still exists today.

The circular medal was struck in bronze by the Medallic Art Company of New York.

References:   MACo 1948-002

The medal's obverse bears company's seal with streamer bearing MARINE / FIRE / CASUALTY / LOYALTY GROUP INSURANCE. To left and right, 1855 - 1955; across bottom half, COMMEMORATING OUR / ONE HUNDREDTH / ANNIVERSARY

The reverse bears view of company's headquarters with trees and clouds. In exergue,

 FOUNDED / 1855 / FIREMEN'S INSURANCE / COMPANY OF NEWARK / NEW JERSEY

The circular medal was struck by the Medallic Art Company of New York. No mintage is reported.

References:   MACo 1955-005

This medal's obverse bears Mercury at left, cornucopia at his feet, gazing upon industrious scene with modern jet, ship, and bales and barrels. Around, 125TH ANNIVERSARY S.E.L. MADURO & SONS, INC. - 1837 - CURACAO · N · A · ~ 1962

The reverse bears front facing bust of founder before seascape with anchor to his left and dolphin to his right. Around, S · E · L · MADURO FOUNDER - · 24TH JANUARY 1837 ·

The company was established by Salomon Elias Levy Maduro in 1837. He started his own ship's agency and bunkering services company in the port of Curacao. During the years that followed his sons joined him in the business. Under the name of S.E.L. Maduro & Sons it evolved into a holding company with interests in real estate, travel and leisure activities, and a variety of services related to the shipping and transportation industry.

This medal is a reprise of a 1937 medal, also designed by Ruotolo, which celebrated the 100th anniversary of S.E.L. Maduro.

The circular medal measures 76.3mm in diameter and was struck in bronze by the Medallic Art Company of New York. No mintage is reported.

References:   MACo 1961-079