There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid
:
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
2433

1851 $50 RE Humbert Fifty Dollar, 887 Thous.--Improperly Cleaned--NCS. AU Details....

2008 June West Palm Beach, FL (Summer FUN) Signature Coin Auction #1110

 
Sold for: Sign-in or Join (free & quick)
View Similar Items Available Now
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Jun 27, 2008
Item Activity: 6 Internet/mail/phone bidders
1,380 page views
Location:

Palm Beach County Convention Center
650 Okeechobee Blvd.
West Palm Beach, FL 33401

Description:
AU Sharpness 1851 Humbert Fifty, 887 Thous., K-6, R.4
1851 $50 RE Humbert Fifty Dollar, 887 Thous.--Improperly Cleaned--NCS. AU Details. K-6, R.4. By later in 1851 U.S. Assayer Augustus Humbert, a former New York watchmaker, had moved from the cumbersome hand-lettered edges of the octagonal "slugs," "quintuple eagles," or "ingots" of the year's first coinage to a reeded edge, a precaution against clipping as well as a considerable efficiency improvement. (The first 1851 slugs also had blanks for hand-punching the fineness and the amount of dollars and cents--apparently a useless precaution as protection against the unexpected; all known examples are fifty dollars and no cents.) The government in Washington must have seemed awfully far away, however, as the officials in the East appeared less than sympathetic to the shortage of small coins in California during the early days of the Gold Rush, as well as the difficulty of producing .900 fine gold coins--the federal standard. A recurring lack of parting acids made the production of such coins difficult, and sometimes impossible. The Humbert and Assay Office coins of 1851 and 1852 were produced in varying finenesses including .880, .884, and .887 fine. All of those coins were invalidated with an astonishing stroke of the pen of Assistant Treasury Secretary William Hodge, who wrote to customs collector King that only .900 fine coins could be accepted for payment of customs duties.
This K-6 variant shows the outer ribbon at the extreme edge of the so-called "target" reverse. The piece is erroneously described on the NCS insert as an 1852 Reeded Edge. The coin shows the brightness one expects from a lightly cleaned coin, but there are fewer abrasions present than usually seen on these high-denomination "slugs." A faint trace of reddish patina can be made out around the devices. Listed on page 362 of the 2009 Guide Book.
From the Fern E. Wagner Trust.
(PCGS# 10214)

View all of [The Fern E. Wagner Trust ]
View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Bid Now on Items Just Like This One

Lot Bidding Ends Grade Service Current Bid
Auction 1208, Lot 5781 Thursday, August 7, 2014 AU50 PCGS $30,000.00
View items up for auction that match this item in other grades.


Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
878,401
bidder-members
$962,653,030
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Consign to the 2015 January 4 - 5 World & Ancient Coins Signature Auction - New York.
Learn About Consigning With Us
The pre-sale publicity was more than I imagined, and the actual catalog better than I had expected - and my expectations were high!
[ Entire Letter » ]
Jim Beasley, Tilden Coin Company,
Allamonte Springs, FL
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
REALIZED $9,733,335
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
REALIZED $14,773,379
2014 April 24 & 28  CSNS World Currency Signature Auction - Chicago
2014 April 24 & 28 CSNS World Currency Signature Auction - Chicago
REALIZED $2,708,143