1906 Thompson Restaurants Slug - When Territorial Slugs cost $300.00
I'm a fan of imitation territorial slugs and have long been interested in the Thompson Restaurants slug. I was lucky enough to pick up this MS65 specimen recently. The surfaces are on this are amazing in hand. There are some minor distractions on the obverse but they are easy to overlook when looking at how well it's otherwise preserved. I'm amazed by how bright it is and how sharp the letters are. This is the 2nd best specimen I've run across so far.
I like the reference to territorial slugs going for $300 at the time. Today, the best specimen of this slug has sold for more than that. I bet the people at the time never thought that would happen.
Anyone know who struck this?
Reading the history on this chain is fascinating. The original restaurant was the first restaurant in Chicago and the 50 year anniversary slug was created by one of the 3 largest restaurant chains in the US by the mid-1920s.
The January 7, 1922 issue of Chicago Commerce mentions that in John R. Thompson had just published a booklet on the restaurant history in Chicago mentioning the following, quoting Moses and Kirkland's history of early Chicago. ( https://books.google.com/books?id=KzsP8Y6VqO8C&pg=RA15-PA18 )
S. H. Thompson started the first restaurant in Chicago in 1856 on Lake Street. After the fire in 1871 he opened at 666 Wabash avenue. Later he moved to 147-33 Dearborn Street.
The famous Thompson Restaurants of the early 1900s is the chain created by John R. Thompson in 1891, also publisher of the guide that mentions S. H. Thompson's 1856 restaurant above. I assume John R. and S.H. Thompson are related as they were both restaurateurs in Chicago but it would be nice to find out definitively. ( https://restaurant-ingthroughhistory.com/2010/06/10/early-chains-john-r-thompson/ )
Although it is largely forgotten today, the Chicago-based John R. Thompson company was one of the largest “one arm” lunchroom chains of the early 20th century. We so strongly associate fast food chains with hamburgers that it may be surprising to learn that Thompson’s popular sandwiches included Cervelat, smoked boiled tongue, cold boiled ham, hot frankfurter, cold corned beef, cold salmon, and Herkimer County cheese, served on “Milwaukee Rye Bread” baked by the chain’s bakery. Thompson was proud that his meals were suited for sedentary office workers of the 1900s and 1910s. A 1911 advertisement claimed that lunch at Thompson’s “won’t leave you logy and lazy and dull this afternoon.”
Thompson, an Illinois farm boy, ran a rural general store as his first business. He sold it in 1891, moved to Chicago, and opened a restaurant on State Street. He proved to be a modernizer in the restaurant business as well as in politics.
He operated his restaurants on a “scientific” basis, stressing cleanliness, nutrition, and quality while keeping prices low. In 1912 he moved the chain’s commissary into a premier new building on North Clark Street (pictured, today). Thompson’s, then with 68 self-service lunchrooms plus a chain of grocery stores, became a public corporation in 1914, after which it expanded outside Chicago and into Canada. By 1921 there were 109 restaurants, 49 of which were in Chicago and 11 in New York (with a commissary in NYC). By the mid-1920s Thompson’s, Childs, and Waldorf Lunch were the big three U.S. chains, small by comparison to McDonald’s but significant nevertheless.
Here's the Chicago Commerce article from January 7, 1922:
Here's an early photo of the restaurant and an image of their corned beef from the John R. Thompson article:
Comments
A great write up about a very interesting medal. I had never seen one before, let alone in that grade!
Thanks for the pictures and the history....I did not know about the Thompson restaurants. Cheers, RickO
Thanks @291fifth and @ricko! I love the medal and looking into the history of this. It's amazing that this was such a large chain in the US at the time. Hopefully more information will surface. It would be great to see a period ad for these.
One of my favorites. I have one in MS64.
Got to look for it and post it here.
I also read that Mr Thompson’s major decline and ultimately
Lost his stores because of the way he viewed segregation.
That was very unfortunate.
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all cool history stuff here, wtg
I had never saw one of those before. Very,very cool!
Nice higher grade example. I picked up one of these last year but mine is around AU.
Thanks for reminding me why historical medals are important. Peace Roy
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The lettering style is different from that found on the Thomas Elder medals struck by C.H. Hanson of Chicago around the same time, but those date digits look familiar. Can't say that it is, but Hanson is a possibility for the Thompson piece.
Good info @coinsarefun . I found the following John R. Thompson and public accommodations and segregation. Of note, the lawsuits started in the 1930s but he had died in 1927. His son, John R. Thompson Jr. was born in 1985 and lived to 1980, seeing the sale of the restaurant in 1971.
Here's a bio and some info:
Of note, he opened his restaurant to act as a hospital during a 1903 movie theater fire:
When he died in 1927, the New York Times had an obituary saying John R. Thompson made a fortune for millions:
It wasn't until 1950 when the restaurant chain became a test case which went before the Supreme Court in 1953:
There's more on this case here:
Here's an early restaurant ad:
Here's a postcard from the 1933 Chicago World's Fair.
I found mine.
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Nice medal @coinsarefun ! I'm a big fan of your brass slug collection. Very inspiring
Aren't these great? Please post yours here if you get the chance too! The more the merrier
Good to know. Christian Henry Hanson's company was started in 1866 and still a family business today. He served in the Civil War and was the Danish Consul in Chicago. Do we know who was running the company at the turn of the century when these were made?
The C.H. Hanson company is still around and here's a bit from their About page:
https://www.chhanson.com/stories
Here's an excerpt. More on the site:
Here you go! Maybe more like XF.
Love the honest wear on that! These are pretty hefty and I can imagine people carrying these around, wondering what it would be like to have so much gold!
From the date, this looks to be one of, if not the earliest reproduction of the 1851 $50 Gold Territorial slug. It's interesting that Thompson started his restaurant chain only five years later.
A recent arrival for me. First example I've run across in a condition that I could acquire.
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Busy chasing Carr's . . . . . woof!
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This is a tough crowd.
Here is my latest "slug" . . . . .
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Busy chasing Carr's . . . . . woof!
Successful BST transactions with: Bullsitter, Downtown1974, P0CKETCHANGE, Twobitcollector, AKbeez, DCW, Illini420, ProofCollection, DCarr, Cazkaboom, RichieURich, LukeMarshall, carew4me, BustDMs, coinsarefun, PreTurb, felinfoal, jwitten, GoldenEgg, pruebas, lazybones, COCollector, CuKevin, MWallace, USMC_6115, NamVet69, zippcity, . . . . who'd I forget?
I have this one for quite some time and wondered if its bronze? I know they are gilt bronze but maybe this one didn't have the gilt? I've looked to find any remnant of gilding but don't see any. I do not believe it's brass nor copper. I also believe this is circulated or at best AU but even then you would see something of the gilt leave behind in the crevices. Unless it was a weak strike in the center?
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I also searched and found non in bronze only.......what is everyones opinion? And help please.
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When I was an Authenticator I was quite good at doing specific gravity measurements. On something this large I could get repeatable results that could tell copper from bronze from brass.
That's a good idea. There are quite a few videos on YouTube on doing this.
it would be great to try this out and report the results.
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So I googled specific gravity weighing and found a few homemade ways of measuring this via YouTube video’s.
They use either a string or wire to hold the coin/medal. Of course we need to be careful how we secure the medal in question as not to harm it.
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Suspend it in water and take a dry weight and a “wet weight”. By using a simple calculation.
This will give us the specific gravity weight of the medal.
I searched and found on Newman Portal the list of various metal weights.
The difference between copper and brass is extremely minimal.
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My question is……….. can a homemade specific gravity test really be accurate?
I will try and do as in the YouTube Videos show a few times and see but I’m not feeling confident.
Here is a screenshot from Newman portal on metal weights.
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Do we know wy he sold his chain? Did he get a good offer for it?
Very nice specimen! Congrats!
Hopefully @CaptHenway can chime in on what's needed to do this at a TPG authentication level.
I'm also guessing one will learn a lot more about this after trying it a few times. Then it would be great to document the process.
Here is a link to an old thread where I discussed how to do an S.G.
https://forums.collectors.com/discussion/842687/tutorial-on-how-to-do-specific-gravity/p1?new=1
It is very important to have a good triple beam balance accurate to within 1/100ths of a gram. Even then you can use the spaces between the 1/100th marks to approximate a third decimal place, such as say 13.135 or 12.367 grams. Check your balance before beginning.
Be sure that your heating/air conditioning is not blowing on the scale. Use a windscreen or, if possible, just turn off your HVAC blower. This can offend co-workers. Gently tap the slide weights until you have an exact balance and then wait a few seconds to be sure.
Surface tension where your hanging wire enters the water can be a factor. I used a tiny dab of Ivory dishwashing soap (stick your finger on the end of an open bottle and turn the bottle upside down and back and swish your finger around in the water) to break the surface tension. The item is going to get wet anyways, so when finished just rinse it under the tap and pat dry WITH A VERY CLEAN TOWEL!
A good list of expected S.G.'s for U.S. coins appears in old editions of the Coin World Almanac. These figures have been reproduced in many places. Test a few known pieces (a standard silver dollar is a good test piece) to see if you are doing it right.
For Pure Copper I expect an S.G. of 8.92. For 95% copper, 5% Tin and Zinc Bronze I expect 8.89. Brass varies with the many different alloys of it. For example, Thomas L. Elder advertised what I call DeLorey-58 in two different brass alloys. I had one in what I call "Light Brass" that I got an S.G. of 8.4208 on, and one in "Dark Brass" that I got a reading of 8.716 on.
Take your time and be careful. If you do a second test to check your work (not unreasonable on certain pieces) make sure that the piece is absolutely dry before you do your dry weight.
TD
Picked up a VF example today. Doing some deep digging on the backstory, and of course, I find this informative post/thread started by @Zoins ! Thank you.
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