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Lot
7722

1852/1 $20 Humbert Twenty Dollar AU58 NGC. K-9, R.6....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

 
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Auction Ended On: Aug 12, 2011
Item Activity: 9 Internet/mail/phone bidders Number of Bidders
834 page views
Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:
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1852/1 Humbert Twenty, K-9, AU58
Only Humbert Imprint of the Denomination
1852/1 $20 Humbert Twenty Dollar AU58 NGC. K-9, R.6. The United States Assay Office of Gold in California was established through an Act of Congress dated September 30, 1850, and operated under Moffat & Company, with Augustus Humbert appointed as the U.S. Assayer. Humbert, who was born in Europe some 35 years earlier, arrived in California on January 8, 1851, and his first coins appeared soon afterward. Most familiar today are his fifty dollar octagonal pieces although ten dollar and twenty dollar pieces were also produced, such as the coin offered here.
California provided Humbert with considerable success, including later association with John Glover Kellogg. Years earlier, Humbert was a watchcase maker, and that career undoubtedly influenced the engine-turned design of many coins that he produced in California.
The early issues dated 1851 and 1852 were produced under Moffat & Company, and carried the imprint of Augustus Humbert. After John Little Moffat retired in 1852, later issues were produced through the partnership of Joseph Curtis, Philo Perry, and Samuel Ward. The later issues carried the imprint of The United States Assay Office.
The present Kagin-9 variety is the only one of its denomination to carry the name of Augustus Humbert, and few were produced, judging from the small number of survivors today. This near-Mint specimen has bright green-gold surfaces and nearly full luster with lovely light orange peripheral toning. A few scattered surface marks are mostly trivial. Although a few finer pieces likely exist, this specimen is destined for a high-level collection of California gold, or perhaps as a U.S. Mint predecessor in a double eagle collection. Listed on page 369 of the 2012 Guide Book. Census: 5 in 58, 3 finer (5/11). (PCGS# 10193)

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