History, Information, and Value of 1872 Moneta Assay Medal
This unusual picture, inscribed by William Barber, features an original design on the obverse of Moneta standing in the center, holding scales and a snake. In the field behind are a dog, strongbox, and assay implements. In the exergue are the names, ÜW.B.F. and J. Pollock Director”. The reverse displays a wreath with the inscription, ÜAnnual Assay 1872″ in the center. According to sources, this medal used a previous die because of Barber’s preoccupation with the Trade dollar patterns in 1872. The best description of this medal states, ÜA conglomerate design apparently intended to represent an alchemist surrounded by implements of the art. It suggests, however, Justice arrayed as a cook, brewing a cup of tea for a dog who seems patiently waiting while watching a snake who is making a determined effort to commit suicide by getting inside himself.” From W. E. Woodward’s 69th sale description.