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The Chris Schenkel Thomas Jefferson Indian Peace Medal in Bronze

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The Chris Schenkel Thomas Jefferson Indian Peace Medal in Bronze

SOLD

From Bowers and Merena's sale of the Chris Schenkel Collection, November 1990, Lot 4021.

Details

1801 Thomas Jefferson Indian Peace medal. Bronze, 76 mm. Julian IP-3. Choice Mint State. Struck from the original dies, the same ones that produced the silver Thomas Jefferson Indian Peace medals that were carried by Lewis and Clark. Attractive mahogany brown patina is glossy and lively, with some traces of gold and navy blue mixed in. Superb quality for this large heavy medal, with no spotting, very few marks, no significant friction, and nearly perfect rims. Aside from a little nick on the raised wire rim right of the E of PEACE, the rims and edges are flawless. Both dies show significant rust (not spalling, which is often called rust, but actual surface oxidization on the old die). The reverse, of course, is broken through the pipe bowl to the thumb knuckle; a cud is seen beneath 9:00. This die pair was put into service for bronze strikes in 1861; in 1883 the reverse die was reported as already being broken and it was replaced in 1886. Over that period, mintage figures show 139 Thomas Jefferson medals struck in bronze, but they don't divide that figure by size (small, medium as here, and large) except for one year. Large examples are very rare, and small ones are a bit more common than this 76 mm size. I would estimate the total mintage in bronze from these dies is probably on the order of 50 or 60 pieces. Ford owned just one (despite having most medals of this series two, three, or four deep, even in silver!). That example brought $4,025 in 2007. I think this piece is more attractive. It sold in the famed cabinet of Chris Schenkel, an avid Indian Peace medal collector who earned his living in the ABC Sports broadcast booth, in 1990 for $1595 -- in the same sale where his large silver Jefferson Indian Peace medal brought $24,200! His silver Jefferson is likely worth 10 times as much now, which leaves this similarly scarce bronze striking as a relative bargain. The original Schenkel lot ticket accompanies this piece.

Additional Information

Grading Service RAW
Grade RAW
Designation N/A
Mint Location No
Strike Type No
Circulated/Uncirc No
Grade Add On N/A
SKU or Cert # 12005

Listed below are blog articles related to this product listing, if applicable:

Description

Details

1801 Thomas Jefferson Indian Peace medal. Bronze, 76 mm. Julian IP-3. Choice Mint State. Struck from the original dies, the same ones that produced the silver Thomas Jefferson Indian Peace medals that were carried by Lewis and Clark. Attractive mahogany brown patina is glossy and lively, with some traces of gold and navy blue mixed in. Superb quality for this large heavy medal, with no spotting, very few marks, no significant friction, and nearly perfect rims. Aside from a little nick on the raised wire rim right of the E of PEACE, the rims and edges are flawless. Both dies show significant rust (not spalling, which is often called rust, but actual surface oxidization on the old die). The reverse, of course, is broken through the pipe bowl to the thumb knuckle; a cud is seen beneath 9:00. This die pair was put into service for bronze strikes in 1861; in 1883 the reverse die was reported as already being broken and it was replaced in 1886. Over that period, mintage figures show 139 Thomas Jefferson medals struck in bronze, but they don't divide that figure by size (small, medium as here, and large) except for one year. Large examples are very rare, and small ones are a bit more common than this 76 mm size. I would estimate the total mintage in bronze from these dies is probably on the order of 50 or 60 pieces. Ford owned just one (despite having most medals of this series two, three, or four deep, even in silver!). That example brought $4,025 in 2007. I think this piece is more attractive. It sold in the famed cabinet of Chris Schenkel, an avid Indian Peace medal collector who earned his living in the ABC Sports broadcast booth, in 1990 for $1595 -- in the same sale where his large silver Jefferson Indian Peace medal brought $24,200! His silver Jefferson is likely worth 10 times as much now, which leaves this similarly scarce bronze striking as a relative bargain. The original Schenkel lot ticket accompanies this piece.

Additional

Additional Information

Grading Service RAW
Grade RAW
Designation N/A
Mint Location No
Strike Type No
Circulated/Uncirc No
Grade Add On N/A
SKU or Cert # 12005

Related Blog Article(s)

Listed below are blog articles related to this product listing, if applicable:

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