Abraham Lincoln Presidential Silver Token or Medalet

This item is a small silver-colored commemorative coin or token featuring a right-facing profile of Abraham Lincoln, the 16th President of the United States. The obverse features the text 'ABRAHAM LINCOLN' encircling the portrait, accompanied by the dates '1861' and '1865', representing his term in office. Above the dates, four small stars are visible on either side. The coin is housed in a standard 2x2 cardboard and Mylar flip-holder, commonly used for numismatic storage. The holder has handwritten notations in blue and black ink identifying the subject as the '16th PRES' and note 'SILVER'. Physically, the coin appears to have a mirrored or proof-like luster with frosted central details, characteristic of modern commemorative strikes or silver rounds. There is no visible United States 'One Dollar' denomination on the obverse; while the user context mentions a dollar value, this specific design is more consistent with a private mint silver medalet or a specific presidential series token rather than legal tender circulating currency. The condition appears to be Uncirculated (UNC) with no significant scratches, dents, or heavy oxidation visible through the protective film, though slight toning could be present near the edges. The reeded edge is partially visible, indicating a quality mechanical strike. The craftsmanship is precise, with sharp relief in the hair and facial features of the Lincoln bust.