 James Madison Indian Peace Medal, 1809. Silver. Middle Size. First Reverse. J.IP. 6, Pr.40, B.21. Very Fine. 62.8mm. Rims 3.2 - 3.5mm thick. 1,584.4 gns. Witness line at 6:00 (from obverse). Deep silver gray in color with some blue iridescence. Neatly holed at the top; no loop. Noticeable obverse rim bruise, less obvious ones on the back, other minor handling marks. Obverse rim beginning to fail in a couple of places, earlier state than the next. This size is known only in silver originals and copper restrikes. While the commonest size in copper, the middle size has the lowest mintage of the three in silver with only a handful of auction references including Garrett:1919 (the piece graded About Very Fine that Stack's offered in the Maine Antique Digest in August, 1997).
Ex Nelson A. Lowe on July 3, 1964.
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