LOT #3253 |
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1851 $50 RE Humbert Fifty Dollar, Reeded Edge, 887 Thous. VF30 PCGS Secure. K-6, R.4....
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Sold on Oct 11, 2018 for:
$25,200.00
Bid Source: Internet bidder
Description
1851 Humbert Fifty Dollar, VF30
K-6, 887 Thous., Reeded Edge
1851 $50 RE Humbert Fifty Dollar, Reeded Edge, 887 Thous. VF30
PCGS Secure. K-6, R.4. The U.S. Assay Office, operating under
the Curtis, Perry & Ward contract, produced a large number of
octagonal fifty dollar gold ingots to serve the local economy
during the Gold Rush era. Many of these hefty "slugs," as they were
called, were later deposited as bullion at the San Francisco Mint
after 1854, to be recoined into regular federal eagles and double
eagles, making them scarce today.This impressive VF30 example represents the K-6 reeded edge variety, with the date under the eagle and the reverse ribbon close to the border. The design elements show moderate wear and the orange-gold surfaces exhibit the expected number of nicks and abrasions for a large gold coin that spent some time in circulation. Some minor rim dings are evident on both sides. A still-pleasing example of this intriguing Gold Rush relic. Listed on page 397 of the 2019 Guide Book.
Coin Index Numbers: (NGC ID# 6J5M, PCGS# 10214, Greysheet# 11786)
Auction Info
2018 October 11 - 14 US Coins Signature Auction - Chicago #1280 (go to Auction Home page)
Auction Dates
October, 2018
11th-14th
Thursday-Sunday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 1,082
Buyer's Premium per Lot:
20% of the successful bid per lot.
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