 James Madison Indian Peace Medal, 1809. Silver. First Size. First Reverse. J.IP. 5, Pr.40, B.20. Extremely Fine. Obverse signed on rim ''R'' for John Reich. 75.8mm. Rims 4.1 - 4.2mm thick. 2,623.1 gns. Witness line at 6:00 (from obverse). Nice, rich silver gray on both sides, the color nearly uniform, with some blue and rose iridescence. Neatly holed at the top; no loop. Minor rim nicks, other minor handling marks, none serious. This size is known only in silver originals and matte silver, copper and aluminum restrikes. The large format Madison medal is quite rare with perhaps as few as 15 specimens surviving. There was no 76 mm size Madison in either the Kessler-Spangenberger or Garrett sales, for example. Both the Schenkel and Dreyfuss collections included a 76mm Madison, however.
Ex F.C.C. Boyd Estate.
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