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Silver Anniversary Medal Wanamaker's Department Store

Currency:USD Category:Coins & Paper Money / Exonumia - Medals Start Price:25.00 USD Estimated At:50.00 - 100.00 USD
Silver Anniversary Medal Wanamaker's Department Store
SOLD
25.00USD+ (6.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Mar 23 @ 13:24UTC-7 : PDT/MST
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Silver Anniversary of the 13th Street Store of John Wanamaker 1876- 1901, engraved on obverse. Independence Hall Philadelphia 1776 on the reverse. White metal, 21 mm.



Wanamaker's legendary department stores were palaces of consumption that turned shopping into an event for ordinary people.



Born in Philadelphia in 1838, John Wanamaker pioneered the concept of the department store. In 1861 Wanamaker and his brother-in-law, Nathan Brown, opened Oak Hall, a men's clothing store. In 1876, intending to open a central market like London's Royal Exchange or Paris' Les Halles, he converted an abandoned Pennsylvania Railroad depot into a multipurpose clothing and specialties store called Wanamaker's. Catering to an upscale market, he promised all-wool clothing and quality goods with a money-back-guarantee. In 1874, he printed the first-ever, copyrighted store advertisement. When people discovered that its promises were true, business boomed. The concept of truth in advertising earned him the public's trust, which he never lost. He also invented the price tag, which replaced haggling. He believed if all people were equal before the eyes of God, they were entitled to the same price.



(Al Adams Gold Rush Memorabilia Collection) Date: Location: HWAC# 58048