Lot 191
  • 191

United States, Andrew Jackson (1829-1837), Indian Peace Medal, 1829

Estimate
18,000 - 25,000 USD
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Description

  • paper, ink
Silver. Small size. Mortiz Furst, obverse; John Reich, reverse. ANDREW JACKSON PRESIDENT OF THE UNITED STATES ·A ·D ·1829·, bust of Jackson right; below truncation, FUR., rev., PEACE | AND | FRIENDSHIP, clasped hands below crossed tomahawk and peace pipe, 50.8 mm (Julian IP-16; Prucha 42; Belden 31; COAC 1997, p. 42, US-9), pierced for suspension with original loop, Proof, once cleaned, reverse edge knock, and hairlined, with a patch of reverse die rust, but a remarkable example with fully reflective surfaces and attractive toning

Provenance

Estes Gale Hawkes, November 5, 1975; John J. Ford, Jr. Collection, part XVI, Stack’s, October 17, 2006, lot 129

Catalogue Note

It was not until March, 1831 that Furst agreed to cut the obverse dies for $1,000. The first medals delivered were three examples of the small size (as here) in November, 1831. They were sent directly to the President who was charged three dollars apiece. It was speculated by John Ford, that this medal, because of its high degree of finish, was one of the three received by Jackson.