An extremely rare 51-millimeter 1837 President Martin Van Buren
Indian peace medal struck in silver is among 396 lots offered by Early American
History Auctions in its Dec. 12 sale.
The piece is attributed as Julian IP-19, as cataloged in R.W.
Julian’s Medals of the United States Mint: The First Century 1792-1892.
It carries an estimate of $16,000 to $18,000.
The Van Buren medal is accompanied by an authentication certificate
from the American Numismatic Association Authentication Bureau.
The auction lot listing suggests the medal is graded Very Fine, with
the following description information on its overall condition:
“Holed at top for suspension as usual, cleaned long ago and retoning
with some moderate edge bumps and surface marks, from actually being worn.”
The medal is one of 112 struck of what are referred to as the
After their production at the Philadelphia Mint, the medals were
delivered to the office of the Commissioner of Indian Affairs between
1837 and 1839 for presentation to Indian chiefs as diplomatic gifts.
Van Buren Indian piece medals were also struck in a bronze
51-millimeter version, as well as 76-millimeter and 62-millimeter
silver and bronze versions.
The size of the medal presented often corresponded to a chief’s
importance within his tribe.
The Van Buren medals’ obverse was designed and engraved by U.S. Mint
Engraver Moritz Furst.
The PEACE AND FRIENDSHIP reverse by Assistant U.S. Mint Engraver
John Reich first appeared on the reverse of the Thomas Jefferson
Indian peace medals of 1801.
Each lot in the Early American sale is subject to a buyer’s fee of
at least 20 percent added to the final hammer price of each lot won.
The final fee is based on the method by which bids are placed.
For more information, visit the Early American website.
More from CoinWorld.com:
reimagines Lincoln cent with portrait of Ronald Reagan
Newman Collection Indian Head cent sold for only $42?: Newman’s
First Spouse gold coin sales well below maximum authorized mintages
note that flew in space with John Glenn sells for $11,250 during
Nov. 12 Heritage auction
50-penny coin honors Battle of Britain’s 75th anniversary
Keep up with all of CoinWorld.com's news and insights by signing
up for our free eNewsletters, liking
us on Facebook, and following us on Twitter. We're also on Instagram!