1086

United States. Mint Medal. Circa 1885 Grover Cleveland Indian Peace Medal. Julian IP-46. Bronzed Cop

Currency:USD Category:Coins & Paper Money Start Price:200.00 USD Estimated At:NA
United States. Mint Medal. Circa 1885 Grover Cleveland Indian Peace Medal. Julian IP-46. Bronzed Cop
SOLD
700.00USD+ (140.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Mar 11 @ 17:47UTC-8 : PST/AKDT

Lot: 1086
Title: United States. Mint Medal. Circa 1885 Grover Cleveland Indian Peace Medal. Julian IP-46. Bronzed Copper. Oval. Original. MS-61 NGC.
Header: Rare Grover Cleveland Indian Peace Medal Oval Bronzed Copper
Description: 76 mm x 60 mm x 7 mm thick. 2,561 grains. Dies as illustrated. This bronzed copper medal exhibits some light obverse verdigris as shown; the reverse is in near perfect condition. Traces of lighter copper metal can be seen at the rim’s edge. Beginning in 1877, United States Presidential Indian Peace Medals were made in an Oval format and made thicker than previously. The dies for the Grover Cleveland Indian Peace Medal were engraved by Charles Barber and George Morgan, both well-known for their coinage designs. According to Julian’s Medals of the United States Mint, only 55 examples of this medal were struck from 1885 through 1904. Rich Hartzog’s supplement to Julian’s book could only trace two sales of this medal during the previous 100 years. This very rare medal is one of the last Indian Peace Medals to be made by the United States, with only 30 examples being first strikes in bronzed copper, and only 10 in Silver. John Ford, Jr. owned an example which sold in Stack’s Ford XVIII sale, May 2007, for $3,967.50. Stack’s sold another example described as Very Fine with “small nicks on both sides” in their January 12, 2009 Americana Sale, where it realized $4,025. To our eyes, this current example is superior in overall quality to those pieces.
Grading Company: NGC
Gr: MS
Gr3: 61
Gr3: BN
CAC/OGH:
Pedigree: From Presidential Auction’s sale of June 2007, lot 497.