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Lot
2263

1852 $50 RE Humbert Fifty Dollar, 887 Thous. VF35 PCGS....

2009 December Houston, TX US Coin Auction #1132

 
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Auction Ended On: Dec 4, 2009
Item Activity: 8 Internet/mail/phone bidders
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Location: George R. Brown Convention Center
1001 Avenida de las Americas
Houston, TX 77010
Description:
Massive 1852 Humbert Fifty Dollar 'Slug' VF35
1852 $50 RE Humbert Fifty Dollar, 887 Thous. VF35 PCGS. K-11, R.5. Californians desired the establishment of a United States branch mint in their state in 1850, but their representatives in Washington were stifled by opposition from New York (which desired a mint of its own), and fear of competition from Pennsylvania, Louisiana, North Carolina, and Georgia; states with existing branch mints. A compromise was reached in September which allowed for the establishment of a U.S. Assay Office in San Francisco, capable of producing circulating coinage.
This Choice VF example of the so-called Humbert fifty dollar "slug" displays typical flatness across the center of the obverse, and both sides carry numerous circulation impairments, including several rim abrasions on each side, and a handful of shallow digs near the center of the reverse. Green-gold coloration adorns the surfaces of this well circulated survivor from the California Gold Rush era. A scarce issue, listed on page 364 of the 2010 Guide Book. (PCGS# 10217)

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