1862 Abraham Lincoln Indian Peace Medal. First Size. Second Reverse. By Salathiel Ellis and Joseph Willson. Julian IP-38, Prucha-51, Cunningham 22-010S. Silver. Choice Very Fine. 75.6 mm. 2620.4 grains. Pierced for suspension at 12 oclock, as usual, with what appears to be the original loop intact. An essentially ideal specimen for anyone collecting Peace medals with an eye toward originality and evidence of actual indigenous wear. Lovely medium gray-silver with somewhat deeper outlines around the devices and in the recesses close to the rim. Therein, faint traces of blue and green are visible at a certain angle to the light. Many tiny nicks and marks are seen on both sides with nearly uniform distribution, and none being particularly noteworthy aside from a small rim bump on the reverse, just left of the suspension loop. Close inspection reveals some areas of gentle porosity, signs that this piece was lost for a time, but its overall condition suffered little. The detail is excellent and the overall aesthetic very inviting for a worn Peace medal.<p>This is a fairly recent discovery that first appeared in the market via eBay, in 2019, after having been discovered in a coin dealers inventory in the Pacific Northwest. It is the 35th specimen known to the present writer (JP), being the most recent example added to the ongoing census of known medals. While that may seem like a large number of examples, it is arguable that no Peace medal is more desired by a broad scope of collectors than a first size Lincoln, and nearly a dozen of those known are in institutional collections. It is also worth noting that silver Lincoln medals are known on two different weight standards. This is the lighter of the two. The heavier standard includes some unpierced issues and it is believed by the writer that those medals are later restrikes. This one is undeniably an original that saw official distribution to a Native American recipient during the Lincoln administration. Discovered in a Pacific Northwest Coin Shop; Tipsico Coin; eBay, 2019.