An American sterling silver seven-piece tea and coffee service with matching rectangular two-handled trayby Tiffany & Co., New York, NY, circa 1917
Lot 1322
An American sterling silver seven-piece tea and coffee service with matching rectangular two-handled tray
by Tiffany & Co., New York, NY, circa 1917
Sold for US$ 14,375 inc. premium
Lot Details
Property of various owners
An American sterling silver seven-piece tea and coffee service with matching rectangular two-handled tray
by Tiffany & Co., New York, NY, circa 1917
St. Dunstan pattern, comprising: teapot, coffee pot, kettle on lampstand, cream jug, two-handled sugar bowl with cover, waste bowl and matching rectangular two-handled tray, each spot engraved with stylized monogram: AWH, the center of the tray engraved "1892-AWH-1917," the reverse engraved with presentation inscription "Presented to Mr. and Mrs. Albert Henry Wiggin/on the/Twenty-fifth Anniversary/of their wedding day/as a token of appreciation/from a few of their friends" all within seventeen engraved names radiating out from the presentation inscription, total weight approximately 503oz troy (8)
heights 3 1/2in to 10 1/2in (26.7cm), length of tray over handles 29in (73.7cm)

Footnotes

  • Provenance:
    Gifted to the family
    Thence by descent through the family to the present owner

    Albert Henry Wiggin (February 21, 1868–May 21, 1951) was an American banker. General Electric's Owen D. Young once described him as "the most colorful and attractive figure in the commercial banking world" of his time. He began his career working as a runner for a Boston bank. In 1892 he married Jessie Duncan Hayden and had two daughters. In 1899 they moved to New York, when he became a vice president of the prestigious National Park Bank. The quiet gentleman gained recognition as one of the up-and-coming in the Wall Street banking community for his role in organizing Bankers Trust, and in 1904 Wiggin became the youngest vice president at the prestigious Chase National Bank where in became president in 1911. In 1917 he was made Chase's Chairman and served on the board of directors of more than fifty major American corporations. By 1918, Wiggin made Chase the fourth largest bank in the United States, and opened branches in London, where Chase began lending directly to European governments. During the Wall Street Crash of 1929, he was lauded as a hero for his actions, along with other New York bankers when they sent Richard Whitney, vice president of the New York Stock Exchange, onto the floor of the Exchange to purchase large blocks of US corporation shares at prices above the current market. This action halted the slide, and helped to return stability to the market.

    Prior to his demise, Wiggin was a great philanthropist as well as art collector - particularly of French, British and American works on paper. In 1941 he donated the majority of his extensive collection to the Boston Public Library.
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