From the Met:

The mid-nineteenth century witnessed an efflorescence of creativity in the American silver industry, fueled by the burgeoning middle class’s increasing demand for refined luxury goods. Silversmiths devoted considerable time and creative energy to generating an endless variety of new designs and patterns. During the 1860s and 1870s silver flatware ornamented with portrait medallions inspired by antique coins and cameos enjoyed widespread popularity, with virtually every American silversmith producing their own proprietary "medallion" pattern. Although little known today, even among silver collectors and scholars, Hotchkiss & Schreuder produced a number of fine flatware patterns. Their wares reached diverse markets ranging from local customers in upstate New York to retail outlets in the Midwest.