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Julian Number - Info Needed

Can someone look up Julian IP-3 and tell me what the description is? It's for the Thomas Jefferson Peace medal, struck with the old reverse dies (with the die crack), proof. What I am seeking is the coin's history, value, rarity, etc...

From what I understand this is an early proof that was struck by the US Mint to satisfy collector demand. I saw one in a B&M auction go for $500+. Are these rare I wonder? What's the population? If someone has the Julian book please let me know some info on this....

Thanks!
Regards,

J. Taylor
CONECA Member
FSNC Member

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