Rare 1839 Daniel Morgan Medal Valued at $250K-$500K

Rare 1839 Daniel Morgan Medal Valued at $250K-$500K

Key Takeaways

  • A rare solid gold Daniel Morgan at Cowpens Medal from 1839 could fetch between $250,000 to $500,000 at auction.
  • Numismatist John Kraljevich authenticated the medal, calling it a shocking and important discovery in American numismatics.
  • The medal is in immaculate condition, graded 63 SP by the Professional Coin Grading Service (PCGS).

The Astonishing Discovery of the Daniel Morgan Medal

When numismatist John Kraljevich of Fort Mill was presented with a unique solid gold medal to authenticate, he was left speechless. The medal turned out to be the original and only gold Daniel Morgan at Cowpens Medal struck by the Philadelphia Mint in 1839. Unseen since 1885, this stunning piece of American history is set to go under the hammer at Stack's Bowers Galleries in April.

The Significance of the Daniel Morgan Medal

John Kraljevich, a seasoned dealer in rare coins and medals, emphasized the importance of this find in American numismatics. The medal's association with Revolutionary War General Daniel Morgan adds to its historical value, making it a truly remarkable artifact. Kraljevich's expertise in authenticating such pieces lent further credibility to the medal's provenance and rarity.

Unraveling the Mystery of the Morgan Medal

Over the years, numerous replicas and copies of the Daniel Morgan at Cowpens Medal have circulated, adding to the mystery surrounding the original piece. Stories of metal detector enthusiasts unearthing similar medals have surfaced, but none have been verified to match the authenticity of the recently discovered gold medal. Kraljevich's meticulous research and authentication process shed light on the true rarity of this find.

Estimating the Value of a Rare Numismatic Treasure

With its exceptional condition, historical significance, and unique provenance, the Daniel Morgan at Cowpens Medal is poised to attract significant interest at auction. Comparable medals, such as one awarded to Gen. William Henry Harrison, have fetched substantial sums in recent years. Kraljevich's optimism about the potential value of the Morgan medal reflects the excitement and anticipation surrounding this extraordinary numismatic piece.