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[L#0058] 1801 Thomas Jefferson Indian Peace Medal

Currency:USD Category:Coins & Paper Money Start Price:720.00 USD Estimated At:1,200.00 - 1,600.00 USD
[L#0058] 1801 Thomas Jefferson Indian Peace Medal
Julian IP-3, 76 mm. The color is a rich, red-mahogany brown and the strike is excellent. A small display suspension hole is located in the top rim. The overall quality is nice, but there is a rim bruise at 11:30 on the reverse. A rare type struck sometime after 1886, as indicated by correspondence from the United States Mint. The original Jefferson medals measured from 100 to 105 mm; it was not until 1861 that Jefferson medals measuring 76 mm were struck. To establish a final date, we look to the lack of a die crack on the reverse that is mentioned in an 1883 letter by Mint Superintendent A.L. Snowden. The failure of the reverse necessitated the creation of a new pair of dies, a fact reported in 1886 by Charles Barber. An impressive example of this United States Mint "Jefferson" medal.