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Lot
7723

1852 $50 Assay Office Fifty Dollar, 900 Thous. AU55 NGC. K-14, High R.5. ...

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

 
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Auction Ended On: Aug 12, 2011
Item Activity: 8 Internet/mail/phone bidders
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Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:
Choice AU 1852 Assay Office Fifty, K-14
900 Thous., Lustrous and Original
1852 $50 Assay Office Fifty Dollar, 900 Thous. AU55 NGC. K-14, High R.5. Although dated 1852, this issue was delivered in the first two months of 1853. Don Kagin, in Private Gold Coins of the United States, asserts that 23,800 pieces were produced, most of which were probably melted. The surfaces are typically abraded for a gold coin of this size, displaying original green-gold coloration, but much original luster remains on both sides, adding to the allure. The central obverse is somewhat softly impressed, but the balance of the devices are quite well-defined despite circulation wear. A solid Choice AU representative of this impressive issue. Listed on page 370 of the 2012 Guide Book.
Ex: Long Beach Signature (Heritage, 10/2000), lot 8092. (PCGS# 10019)

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