High Grade: 1929 Herbert Hoover: “Official Inaugural Medal” Bronze 70mm Mintage: 1012

$1,750.00 USD

Item Location

4403 Austin Boulevard, Island Park, NY 11558

SKU: 16515824

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Description

Herbert Hoover: High Grade “Official Inaugural Medal” in Bronze. 70 mm A lovely Uncirculated example retaining nearly all of its original finish.

The obverse and reverse have superlative eye appeal: with a warm golden reddish brown patina.

From the Collection of David Hubert Jr. Scottsdale, AZ. Ca. 1955

Note(s): Considering this substantial mintage it should be more available than it is, theorizing “the issuance of the type on the eve of the Great Depression probably explains why so few examples are offered for sale in today’s market.” Hoover was appointed secretary of commerce by Harding and continued to serve under Coolidge where his influence grew. He narrowly won the 1928 presidential election. The stock market crashed shortly after Hoover took office. Hoover failed in his efforts to restore the U.S. economy and was defeated by Franklin D. Roosevelt in the 1932 election. Credit: Stacks & Bowers

Key Notes:
* It commemorates the inauguration of Herbert Hoover as the 31st President of the United States on March 4, 1929.
* The medal features a bust of Herbert Hoover on the obverse.
* These medals were struck by the U.S. Mint, and this particular type is one of 1,012 pieces minted.
* It is a bronze medal, designed and signed by Henry K. Bush-Brown.

Condition Report:

Good

Very Good

Excellent

Mint

Graded

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