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James Monroe Indian Peace Medal, 1817. Silver. Middle Size. First Reverse. J.IP

From Stack's October 2006 New York Auction, Session 1 on Oct 17, 2006

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Categories  •  Stack's October 2006 New York The John J. Ford, Jr. Collection, Part XVI: Indian Peace Medals, 1680 - 1890 United States Medals Silver Indian Peace Medals Struck by the United States Mint The Indian Peace Medals of the James Monroe Presidency
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James Monroe Indian Peace Medal, 1817. Silver. Middle Size. First Reverse. J.IP. 9, Pr.41, B.24. Choice...James Monroe Indian Peace Medal, 1817. Silver. Middle Size. First Reverse. J.IP. 9, Pr.41, B.24. Choice About Uncirculated. Obverse signed FURST. F. 62.8mm. Rims 3.2 - 3.5mm thick. 1,581.0 gns. No apparent witness line. A remarkable example in outstanding condition. Rich, satiny pale silver gray on the surfaces with bright reflectivity in the fields and a very sharp strike. Minor impairments only including some light scratches on the back near the hole. Small hole near the top, off to the right from the guide; no loop. Almost no signs of handling. This size is known in silver originals and copper restrikes. This is the usually-found size of Monroe IP medals.

Garrett's (lot 1920) was a very nice EF that went, ultimately, through Stack's 1988 Anniversary Sale to the firm's fixed price list offering in the August, 1997 issue of the Maine Antique Digest. Schenkel's (lot 4023) was also an EF as was the New York Public Library specimen. Dreyfuss' (lot 5124) was graded Choice Fine. LaRiviere's graded nearly About Uncirculated and was prooflike. Bridge:1054 was authenticated as an original silver by ANAAB. Carlson's notes of 18 auction records for this size in silver accurately show this to be the commonest size despite the suggestion in the Mint records that only 12 of the 100 struck were not melted. It is likely that some Monroe medals were distributed in the years following his presidency.

Ex F.C.C. Boyd Estate.

Lot # 117 Session 1
Hammer Price: $35,000.00

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