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Lot
5766

1852 $10 Humbert Ten Dollar MS61 PCGS. K-10, R.5. After Congress approved an official U.S. Assay Office in San Francisco, A...

2006 August Denver, CO Signature & Platinum Night Auction #414

 
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Auction Ended On: Aug 14, 2006
Item Activity: 5 Internet/mail/phone bidders
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Location: Denver, CO
Description:
Mint State 1852 Humbert Ten Dollar Gold
1852 $10 Humbert Ten Dollar MS61 PCGS. K-10, R.5. After Congress approved an official U.S. Assay Office in San Francisco, Augustus Humbert was appointed as the Assayer, and the firm of Moffat & Company was awarded the contract for coinage, perhaps under questionable circumstances, as pointed out by Donald Kagin: "Moffat & Company petitioned for and received the contract for coining the new issues of the U.S. Assay Office and, in a letter to Treasury Secretary Corwin, Moffat made the dubious statement that his company alone was then (September 30, 1850) operating a mint in California. Augustus Humbert, a watchmaker in New York, was appointed United States Assayer with a salary of $5,000 a year, while sculptor and medalist Charles C. Wright was commissioned to engrave in New York the original dies which Humbert was to bring with him to California."
This Mint State example is fully lustrous with excellent green-gold surfaces and attractive orange toning. The fields, especially on the reverse, have a reflective appearance. The central obverse and reverse have strong design definition. The obverse die shows a heavy crack at the base of UNITED and a lighter crack through the base of STATES. Listed on page 350 of the 2007 Guide Book.
From The Long Beach Family Collection. (PCGS# 10187)

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