James G. Carney
Biography
Born in Boston, Massachusetts. Married Clarissa Willett. Bank cashier in Boston 1825 to 1828. Moved to Lowell, Massachusetts, in 1828. Treasurer of Lowell Institution for Savings 1833 to 1869.
In 1858 he donated $100 to the city of Lowell as an endowment to purchase school medals. His intent was to produce six silver medals each year, three for male students and three for female students.
Dies were prepared and medals (Julian SC-28) were struck at the Philadelphia Mint. They were more expensive than anticipated. In 1859 Carney contributed another $100 to support the increased cost. Carney appears on the obverse of the medal. They were issued from 1859 until at least 1906.
He died at home in Lowell.
bio: TAMS Journal 29 Jun 1989
Source credit: Pete Smith, American Numismatic Biographies