979

Lot 979: 1862 Lincoln Indian Peace Medal

Currency:USD Category:Coins & Paper Money Start Price:840.00 USD Estimated At:1,400.00 - 1,800.00 USD
Lot  979: 1862 Lincoln Indian Peace Medal
<b>Indian Peace Medals</b><hr><b>Attractive Lincoln Peace Medal Struck From The Original Dies</b>

<b>1862 Abraham Lincoln Indian Peace Medal in Bronze, Choice Uncirculated.</b>
Julian IP-39, 62mm, struck at the United States Mint using Original Dies. Rich, deep mahogany bronze color. Peace Medals were instrumental in building relationships with the various Indian Tribes. The recipients valued them highly, for they conferred a prestige that was recognized throughout the nation. The Bureau of Indian Affairs considered them crucial and the Presidents for whom they were issued also knew their importance. Many images from the “Old West” show Indians proudly wearing their Peace Medals (sometimes more than one). Generally, bronze medals were not used for presentation purposes, but in some cases, they were silver-plated and either given, sold, or traded away by unscrupulous individuals to unwitting recipients. Peace medals relating to Abraham Lincoln were, and are, among the most popular of all.