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4648

1852 $50 Assay Office Fifty Dollar, 900 Thous. -- Altered Surfaces -- PCGS Genuine. XF Details. K-14, High R.5....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 14 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
Rare 900 Fineness 1852 Assay Office Fifty
K-14, XF Details
1852 $50 Assay Office Fifty Dollar, 900 Thous. -- Altered Surfaces -- PCGS Genuine. XF Details. K-14, High R.5. Unlike the relative profusion of 887 fineness U.S. Assay Office fifties for 1852, there is only one die pair at 900 fineness, the Kagin-14, and it is rare regardless of condition. While this lightly worn example is not without its faults -- yellow-orange surfaces have an unusual microporous texture to the luster along with numerous choppy abrasions -- this remains a readily collectible coin and an important historical artifact containing more than two ounces of precious metal found during the California Gold Rush. Listed on page 379 of the 2013 Guide Book.
From The Fairfax Collection. (PCGS# 10019)

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