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NY. Ribbon Commemorating the Laying of the Corner Stone of New York City Washington Monument, 1847

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:45.00 USD Estimated At:80.00 - 120.00 USD
NY. Ribbon Commemorating the Laying of the Corner Stone of New York City Washington Monument, 1847
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New York, October 19th, 1847. Silk Ribbon Commemorating the Laying of the Cornerstone of the Lost NYC Washington Monument, Washington portrait by Gilbert Stuart at center surrounded by ornate flower frame and text passage at bottom. In 1833, New York City citizens formed the Washington Monument Association to build a major memorial to George Washington, reflecting the city’s historic role in his presidency. After years of fundraising, a 425-foot Gothic granite tower designed by Calvin Pollard was chosen, to be built in Hamilton Square. The structure would include a library, art studios, and an observatory, and would surpass all existing buildings in height. On October 19, 1847—marking the anniversary of Washington’s victory at Yorktown—an estimated 250,000 people participated in a grand cornerstone-laying ceremony, with parades, music, and speeches. Despite the enthusiasm, public opinion was divided and funds ran short. The project was eventually abandoned, and Hamilton Square was developed over. The cornerstone was lost, with conflicting reports about whether it was incorporated into Mount Sinai Hospital or taken by a contractor in the 1860s. Although this monument was never realized, New York City later honored Washington with other tributes, including the Union Square statue (1856) and the Washington Square Arch (1891).