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Lot
8612

1851 $50 RE Humbert Fifty Dollar, 880 Thous. AU50 PCGS. K-...

2003 September Long Beach Signature Sale #330

 
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Auction Ended On: Sep 19, 2003
Item Activity: 8 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
High Grade 1851 Humbert Slug
1851 $50 RE Humbert Fifty Dollar, 880 Thous. AU50 PCGS. K-5, Low R.5. The bright surfaces and traces of mint luster indicate that this piece was carefully preserved over the decades, unlike most other "slugs" which were melted because of their high intrinsic value. Granted, there are numerous abrasions scattered about, but only a few marks deserve individual mention. The most apparent flaw is a couple of contact marks in the obverse field. The rims show a few small ticks, but no large knocks, as often seen on these heavy coins. Well struck overall, a significant coin for the gold specialist. Listed on page 289 of the 2003 Guide Book.
From the Davis Collection. (PCGS# 10211)

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