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Lot
5254

1849 $5 Norris, Gregg, & Norris Five Dollar R.E. XF40 PCGS. K-4, R.4....

2011 June Long Beach Signature US Coin Auction #1156

 
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Auction Ended On: Jun 3, 2011
Item Activity: 10 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
1849 Norris, Gregg, & Norris Five, XF40
K-4 Variety
1849 $5 Norris, Gregg, & Norris Five Dollar R.E. XF40 PCGS. K-4, R.4. One of the most famous "solved enigmas" of American numismatics is the meaning of the initials "N. G & N." on the territorial half eagles now known as Norris, Gregg & Norris. The key was a note found among the possessions of Augustus Humbert, the famous California coiner and assayer, who should have known the truth as well as anyone. This dusky orange-gold example saw appreciable use in California commerce, as suggested by its wear and scattered abrasions, yet it remains highly pleasing. Listed on page 366 of the 2012 Guide Book. For all Reeded Edge varieties, Population: 11 in 40, 35 finer (4/11). (PCGS# 10282)

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