Owner Comments:
FAIRLY HIGH GRADE EXAMPLE OF THIS TOUGH GOLD DOLLAR SIZED SCD IN ALUMINUM. FORMERLY FROM THE FAMOUS OSTHEIMER COLLECTION.
THIS EXAMPLE SOLD FOR $362.00 IN THE OSTHEIMER SEALED BID AUCTION IN 2011.
AN NGC GRADED MS 62 SOLD FOR $264.00 IN A STACKS BOWERS AUCTION IN 2020
To commemorate 300th anniversary of discovery of Hudson River and centenary of successful steamboat navigation.
In addition to tributes paid Hendrik Hudson and Robert Fulton, Commission sought "to re-stimulate interest in the important roles New York City and New York State played in American history, to inculcate in the vast immigrant population of the state a pride in their new Homeland and to promote international friendship."
Contradictory information as to number of pieces issued in various metals appears in Elder sales catalogs, beginning 1909 and extending over many years. At one point it was stated "only 100 struck," at another "less than 50 struck" and then, "contrary to expectations, only a few were struck"--all referring to same medal. In any event, all Elder issues were quite limited.
Struck by New York City coin dealer Thomas L. Elder as part of the Hudson–Fulton Celebration which commemorated the 300th anniversary of the discovery of the Hudson River and the centenary of successful steamboat navigation on the Hudson River.