Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

AU50 1852 Assay Office Fifty Dollar
K-13, 887 Thous.

1852 $50 Assay Office Fifty Dollar, 887 Thous. AU50 PCGS. CAC. K-13, Low R.5. To paraphrase Kagin's description in Private Gold Coins and Patterns of the United States, this octagonal fifty dollar has the same general devices as the earlier "Humbert" pieces, but the legend around the obverse reads UNITED / STATES / ASSAY / OFFICE / OF GOLD / SAN FRANCISCO / CALIFORNIA instead of referencing Humbert by name. A fineness of "887 THOUS" is noted on the ribbon above the eagle, and the date 1852 is below.
Moffat & Co., which had received a federal contract to produce the ingots of the United States Assay Office, lost Mr. Moffat near the end of 1851, when he sold his share of the firm to Curtis, Perry and Ward. In a comment Kagin termed "revealing" and reprinted in his work, Curtis wrote to Treasury Secretary Thomas Corwin that "from the commencement of the performance of the contract ... M. Moffat has employed himself exclusively in other pursuits, and totally neglected every duty at the Assay Office, having been chiefly engaged in Mining." It seems that even an owner of the Assay Office had trouble resisting the lure of gold!
Curtis, Perry and Ward received a continuation of the Assay Office contract, and they renamed Moffat & Co. the "United States Assay Office of Gold," the name appearing on the present piece. Though the yellow-gold surfaces show clear evidence of wear and numerous abrasions from circulation, considerable luster remains, and the eye appeal is solid. A remarkable and historic example. Listed on page 368 of the 2011 Guide Book. (NGC ID# ANHG, PCGS# 10016)

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

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
March, 2011
17th-20th
Internet/Mail/Phone Bidders: 13
Members Tracking: N/A
Page Views: 1,640

Buyer's Premium per Lot:
15% of the successful bid (minimum $14) per lot.

Heritage membership

945,723
bidder-members
$894,134,022
sold in the last year

Join Now - It's Free

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 37 days left to consign to the 2015 December 10 - 12 World Coins Signature Auction - Hong Kong!

Learn about consigning with us

I think Heritage is the best in the business.
T.M. ,
Ukiah, CA
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 August 12 - 16 ANA US Coins Signature Auction - Chicago
2015 August 12 - 16 ANA US Coins Signature Auction - Chicago
REALIZED $34,801,934
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
REALIZED $9,698,676
2015 August 13 ANA Currency Platinum Night Auction - Chicago
2015 August 13 ANA Currency Platinum Night Auction - Chicago
REALIZED $1,870,380

© 2015 Heritage Auctions | All Rights Reserved