Unique 30-ounce Henry Clay gold medal quadruples $75,000 starting bid to sell for $346,000; Lincoln signed carte-de-visite sets $175,000 world record Sept. 17 in Dallas

The 1852 medal honoring Secretary of State Henry Clay - struck by the U.S. Mint in nearly 30 ounces of solid California gold and lovingly passed down through his family - sold for $346,000 to lead a record-setting special auction of memorabilia relating to Abraham Lincoln Sept. 17 at Heritage Auctions. The event's $2.4 million finale was a joint endeavor between Heritage Auctions and The Rail Splitter, to celebrate the 20th anniversary of the respected publication for enthusiasts of Abraham Lincoln and related memorabilia.

"This was indeed one of the most important Lincoln auctions of the last 50 years," said Tom Slater, Director of Americana Auctions at Heritage. "Never have I been so impressed and amazed at both the quality of the material and the passion of Lincoln collectors from all over the globe."

Top lot honors were claimed by the solid gold medal presented to Henry Clay, a leader Lincoln himself called "revered as a teacher and leader." Bidding for the 3-1/2 inch diameter medal opened at the minimum of $75,000 and quickly advanced to $346,000.

The history behind the medal is as captivating as the design itself: three-time presidential candidate, Secretary of State, Speaker of the House, and titan of the U.S. Senate Henry Clay was by 1852 confined to his rooms in the National Hotel in Washington, slowly dying of consumption. A group of prominent New York members of Clay's Whig Party resolved to make a very special presentation to the statesman to honor his nearly half century of public service, which they accomplished shortly before Clay's death.

A perfectly signed carte-de-visite card image of a thoughtful Lincoln set a world record for an image of its type after seven bidders pushed the auction price to $175,000. The 1862 card carried an inscription on the back by Presidential Secretary John Hay certifying its authenticity.

The most intimate of keepsakes, relics and memorabilia relating to Lincoln's personal life and that of those closest to him also brought record-setting prices. One of the most highly anticipated lots was a love letter from Lincoln to his first fiancée, Mary Owens, which sold for $137,500. Mary Todd Lincoln's extraordinary jet black Silk Mourning Dress Ensemble opened at a modest $5,000 and ignited a bidding war that ended at an astounding $100,000, Slater said. "Certainly this is a record for any piece of Mary Lincoln memorabilia ever sold at auction," he said.

To read the Clay medal lot description, see:
Massive U.S. Mint Medal of "Pure California Gold," Struck for Presentation to Henry Clay, Lincoln's own "ideal of a great man,... (Total: 2 Items) (https://historical.ha.com/itm/political/tokens-and-medals/massive-us-mint-medal-of-pure-california-gold-struck-for-presentation-to-henry-clay-lincoln-s-own-ideal-of-a-great-man-total-2-items-/a/6163-43082.s)

To read the earlier E-Sylum articles, see:
GOLD HENRY CLAY U.S. MINT MEDAL OFFERED (www.coinbooks.org/esylum_v19n25a19.html)
MORE ON THE GOLD HENRY CLAY U.S. MINT MEDAL (www.coinbooks.org/esylum_v19n29a16.html)

Alan writes: