This medal was issued by the American Peace Centenary Committee, chaired by Andrew Carnegie, to raise funds for a statue of US President Abraham Lincoln for presentation to the people of the British Empire. A copy of Augustus Saint Gaudens’ “Standing Lincoln” was given to the British by the Committee in 1920, which today can be found in London’s Parliament Square. Bronze examples of the Peace medal sold for $5 (roughly $100 today) while silver specimens sold for $12 (roughly $240 today). Gold examples were planned to be given to the President of the United States and the King of Great Britain.
Peace as a woman facing with arms outstretched, lantern in her r. hand, laurel branch in her l., striding through clouds over globe