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Online Auction 9  16 February 2017
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Lot 506

Starting price: 70 CHF
Lot unsold
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The Fondazione Carnegie Per Gli Atti De Eroismo (Italy). In a letter dated June 17, 1911, Carnegie expressed his satisfaction that the Italian government had accepted his offer of $750,000 to establish a fund in Italy to undertake work similar to that of the hero fund in the United States. The fund was recognized under Italian law on September 25, 1911. In addition to awarding gold, silver, and bronze medals to heroes and heroines, the fund also makes monetary grants in exceptional cases. In recent years, the number of awards has averaged about 30 a year

On September 21, 1908, just over four years after the establishment of the Pittsburgh-based Hero Fund, Andrew Carnegie expanded the concept to his native land with the establishment of the Carnegie Hero Fund Trust in Dunfermline, Scotland. Carnegie's intention to export his model of honoring civilian heroes to foreign countries was revealed in a letter from him to Charles Taylor, president of the first Hero Fund.

Boxed with a loop top mount fitted for wearing, 60mm diameter, good very fine or better by Maucelo Croce.
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