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Lot
3534

1852/1 $10 Humbert Ten Dollar AU53 NGC....

2007 Milwaukee, WI (ANA) Signature Coin Auction #444

 
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Auction Ended On: Aug 10, 2007
Item Activity: 3 Internet/mail/phone bidders
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Location: Milwaukee, WI
Description:
Late-State 1852/1 Humbert Ten, K-8, High R.5, AU53
1852/1 $10 Humbert Ten Dollar AU53 NGC. 1852/1, K-8, High R.5. Although the Treasury Department at last granted permission to the U.S. Assay Office in December 1851 to coin smaller denominations than the massive fifty dollar slugs or ingots, that permission was rescinded the next day. Dies dated 1851 were prepared, and in 1852 when a real OK was granted, the dies were overdated 1852/1. The striking lasted only four days, then Moffat & Co. was dissolved. A December 18, 2006, Coin World article that Heritage cataloger Brian Koller wrote notes that the Kagin-8 variety was the first struck, since it lacks die crumbling over the N in UNITED on the reverse. This distraction-free greenish-gold piece shows light wear consistent with the grade, but there are surprisingly few contact marks. A late state, with the bullet-shaped die crack beneath the F in CALIFORNIA and considerable die crumbling noted nearby. NGC has misattributed this piece as an Assay Office ten, Listed on page 354 of the 2008 Guide Book. (PCGS# 10190)

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