1817 James Monroe Indian Peace Medal. Bronze. Second Size. Julian IP-9, Prucha-41. Second Reverse. MS-62 BN (NGC).
62 mm. Medium brown surfaces with nuances of pale mahogany. A small oxidation spot is partially removed from the coat collar, but this is only a minor distraction and has clearly been accounted for in the grade assigned. A few scattered marks are noted in the fields as is a small oxidation spot at the NT of PRESIDENT. Sharp and glossy. Struck sometime in the late 1840s at the earliest, from the original obverse die and the replacement reverse produced for use on the Zachary Taylor medals. The original obverse was paired with both the original reverse die and this later die for striking bronzes, but medals from the original reverse are very rare. We know that this variant was second, as the degradation of the obverse die, in the left obverse field is more extensive on medals from the second reverse, as here.

Estimate: $400