This is a very beautiful and in all likelihood quite rare, silver "Official Souvenir Medal" that was struck for the "Pilgrim Tercentenary Committee" in 1921. It was struck by Whitehead & Hoag and has an integral loop at the top.
This would make a nice companion piece to the famous, and much more common, Pilgrim Tercentenary Commemorative Half Dollar that was struck by the United States Mint.
The "Pilgrims" were English religious dissenters or non-conformists who in 1620 established the second successful settlement, after Jamestown in 1607, in what would become the United States.
Their famous voyage on the "Mayflower" and landing at "Plymouth Rock" have been a subject of numerous paintings and have been in every American History Book.
Weight: 9.82 Gram, 35 x 31 Millimeter, Silver.
Numismatics of Massachusetts by Malcolm Storer #1561.
Commemorative Medals of New England Cities & Towns by Robert Heath #MA239.
These were also struck in Bronze, but this one appears to be Silver, probably adding significantly to its rarity.
Obverse: TOWN OF PLYMOUTH *** MASSACHUSETTS • 1620 • The Mayflower sailing into the harbor at Plymouth. Below is the Official Seal of the Town of Plymouth with Laurel Branches to either side.
Reverse: 1620 • 1920 • PILGRIM • TERCENTENARY • PLYMOUTH • 1921 • Wreaths, Torch and Ribbon.
The Medal: An exquisitely designed and executed medal, it has seen some light handling over the years and the silver, or possibly silver plating (although I see no evidence whatsoever of it being plated rather than solid silver), has toned some. But it has very few marks and is strictly original, never cleaned, a very nice piece overall. As grading is subjective please see the pictures and judge for yourself.
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