Watch List notes:

UNITED STATES: AE medal, 1836, Julian-MT-21, PCGS graded Specimen 63, 28mm, thin planchet, First Steam Coinage Medal struck in copper bronzed by Christian Gobrecht, MAR. 23 cut over coining date FEB. 22 1836, dark red-brown mahogany patina typical of mid-19th century U.S. Mint medals, a lovely specimen quality example! The 1836 First Steam Coinage medal by Christian Gobrecht represents the introduction of steam power to the production of American coinage. It was first struck in very limited numbers, perhaps just a few handfuls, that were coined on February 22, 1836, which happened to be George Washington's birthday, before the steam coinage press broke down. A later variety, showing the reverse die modified to read Mar. 23 instead of Feb. 22, was struck in far greater numbers from 1836 through 1862, when an entirely new reverse die was composed. The original steam coinage press languished in the basement of the Franklin Institute for decades, which was long used to strike small cent-sized Benjamin Franklin tokens, but it now rests comfortably in the ANA Money Museum in Colorado Springs.

Estimate: 300-500 USD