45mm. Silver. 58.75g. By Spink & Son.
Earls Court, London. Obverse with Britannia seated, resting on shield, steamer ship in the background, reverse engraved within wreath 'Axel Welin A.I.N.A. - Award For Patent Davits'. Edge stamped silver.
Gilt, about Extremely Fine and very rare.
Ernst Martin Axel Welin (10 November 1862 – 27 July 1951), was a Swedish inventor and industrialist. his main interest was davits. He invented a new and improved davit for lowering boats on board ship, a quadrant davit for double-banked boats which simply became known as the Welin davit. The RMS Titanic was equipped with Welin davits, and after the disaster the demand for his product skyrocketed. He was awarded the John Scott Medal of The Franklin Institute in 1911. He retired a wealthy man in 1932 and returned to Sweden.