1970 Assay Commission Medal - JK-AC-114, Bronze, David M. Kennedy

Coin Details

Auction Record

$1,320 MS62 03-29-2023 Stack's Bowers

Description

The 1970 Assay Commission medal in bronze, cataloged as JK-AC-114, features David M. Kennedy, who served as Secretary of the Treasury in 1969-1970 under President Nixon. Kennedy was a Utah banker who had served as president and chairman of Continental Illinois National Bank before his Treasury appointment. His tenure coincided with growing economic challenges including inflation driven by Vietnam War spending. The "AE" designation confirms the standard bronze composition. The 1970 commission tested coins from a year that included the continuation of the Kennedy half dollar series and the final San Francisco Mint business strike cents before that facility shifted exclusively to proof production. The Assay Commission's testing of clad coinage had become routine by 1970, five years after the silver elimination, though the commission's constitutional mandate remained unchanged regardless of the metallic compositions being examined.

Rarity Notes

JK-AC-114, bronze (AE) composition. Features Treasury Secretary David M. Kennedy. Standard commission distribution.

Cross References

PCGS #517774; JK-AC-114; David M. Kennedy; Secretary of the Treasury; 1970 Assay Commission