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    Description

    1851 Humbert Fifty, AU58
    K-4, Lettered Edge, 887 Thous.

    1851 $50 LE Humbert Fifty Dollar, Lettered Edge, 887 Thous., 50 Reverse, AU58 PCGS. K-4, R.5. Ex: Simpson. Once the recently appointed United States Assayer of Gold, Augustus Humbert, arrived in California, he went to work assisting miners and mining companies with the production of these large 50 dollar gold coins that are also known as slugs, although their official name was "ingot."

    These lettered edge pieces were among the first gold pieces that Humbert produced. An interesting feature is that most of the design details are raised, as expected. However, the fineness "887" and the value of the denomination "50" are incuse on the obverse, and "50" is incuse on the reverse as well. The reason is simple: this issue was intended to vary in both fineness and value. That explains the raised D and C at the bottom of the obverse, so that the value could be customized depending on the weight and fineness of the gold. However, in practice, all of these pieces were standardized with a value of 50 dollars and fineness of 887 Thousands.

    An impressive piece that is virtually Mint State with only a trace of rub on the highest points, this bright yellow-gold piece shows reddish patina surrounding the devices, and shows bold design definition with outstanding luster and remarkable eye appeal. Each segment of this octagonal piece has lettering on the edge: AUGUSTUS / HUMBERT / UNITED / STATES / ASSAYER / OF GOLD, / CALIFORNIA / 1851. Just 10 PCGS-certified examples of this historic coin grade between AU58 and MS62. Population: 3 in 58, 7 finer (4/20).

    Coin Index Numbers: (NGC ID# ANH5, PCGS# 10208)


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Bidding Begins Approx.
    January
    15th Friday
    Auction Dates
    February
    3rd-8th Wednesday-Monday
    Proxy Bidding Begins Approx.
    79 Days
    Bids + Registered Phone Bidders: N/A
    Lot Tracking Activity: N/A
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