Abraham Lincoln Medal

Welcome aboard ... Kindly post a pic that I may see if it's a U.S. Mint medal; perhaps, listed by Julian?

IMHO, that seller's asking price is overly optimistic. That said, a seller can ask whatever he wants, and there are buyers of whom cost matters little. This U.S. Mint medal is a very desirable design with an artful rendition of Lincoln. It has cross-appeal for collectors of both Mint medals and Lincolniana. Condition is extremely important. If your medal looks as good as this one, you may want to get it certified. Aluminum was a valuable metal in the 1800's. I'd rank aluminum as a less desirable base metal though, but that speaks to personal taste. You might try searching Stack's or Presidential's auction archives to perhaps locate the sale of this "King 518" / "Julian PR-12". My personal guesstimate for an XF-AU aluminum piece would be $150-$250.

Glad to have been of help! If yours is nearly as nice as that one, you may want to get it certified then. I see that there was no pedigree given[ this, which often upwardly influences the price realized. There are collectors who covet Morgan's work. As aluminum was less often used back, the composition may have given the piece added appeal to some. My personal affinity is for the less bright medals/tokens, having that naturally aged patina. Looks like you've acquired a very desirable medal!

Nice find--Thanks for posting!