Announcement: Sunday & Tuesday Internet Coin Auctions and Weekly World and Ancient Coin Auctions move to Heritage Live!

Our Weekly Internet Coin Auctions and World and Ancient Coin Auctions are closing with live, online auctions on HA.com's Heritage Live! platform beginning with the Internet Coin Auction that ends Sunday, September 21st and the World and Ancient Coin Auction that ends on Thursday, September 25th. Each lot is offered one at a time, in lot number order, in live auctions beginning at 8:00 PM CT. During this part of the auction, live bidders will be on Heritage Live! competing with each other and with previously placed Internet bids. The lot opens, requests live bids, and then closes when the bidding is finished. There is no change in how you place your secret maximum bids during the week the auctions are open on HA.com. In addition, once bidding on HA.com ends, 2 hours before the live sessions start, you still have the option to leave proxy bids through Heritage Live!

For more information about Heritage Live!, please visit HA.com/live. If you have any questions about this exciting format change, please contact us at 800-872-6467 or Bid@HA.com.

X
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
5619

1851 $50 RE Humbert Fifty Dollar, Reeded Edge, 880 Thous. XF40 NGC. CAC. K-5, Low R.5....

2014 January 8 - 12 FUN US Coin Signature Auction - Orlando #1201

 
Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Jan 9, 2014
Item Activity: 8 Internet/mail/phone bidders
375 page views
Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:
1851 Humbert Octagonal Fifty, XF40
880 Thous. Type, K-5
1851 $50 RE Humbert Fifty Dollar, Reeded Edge, 880 Thous. XF40 NGC. CAC. K-5, Low R.5. Reeded Edge, No 50 on Reverse. The Reeded Edge Humbert fifty dollar gold coins of 1851 are rare but quite a bit more available than the Lettered Edge pieces, which actually bear their date 1851 on the edge as well. But both were considered little more than assayed ingots with fifty dollars' worth of gold; they could just as well have been rectangular assayer's ingots (which were also issued during this era) and would have served the same purpose.

The Humbert fifty dollar octagonal gold pieces remained in the collective consciousness of the people of California. Sixty-four years later they were imitated, although not widely publicized as such, when the Panama-Pacific fifties were struck, 645 of which were octagonal in shape and with a similar weight of 2.5 ounces. There were enough Humbert fifties that survived that collectors of the day "got it" and understood the retro size and shape of the Pan-Pac coins.

Because of the size of these pieces, and their actual use in the channels of commerce, most examples show numerous rim bumps and bruises. This piece displays myriad small marks and a few rim bumps but few singular abrasions. Close examination shows several of the marks are actually planchet voids that were present at the time of striking and did not strike out with the pressure of the coining press. The devices are outlined with deeper reddish patina and contrast against the orange-gold seen over the remainder of each side. This slightly handled "slug" retains much eye appeal and historic interest. (PCGS# 10211)

View large image(s) of this item

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

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

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
884,957
bidder-members
$1,005,602,708
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
Only 45 days left to consign to the 2015 January 4 - 5 NYINC World Coins & Ancient Coins Signature Auction - Waldorf NYINC!
Learn About Consigning With Us
You have made the selling of parts of my collection a thoughtful and enjoyable experience-even more so than I could have imagined.
Rick,
CA
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 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach
2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach
REALIZED $13,398,253
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
REALIZED SO FAR $9,113,781
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,847,114