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    1851 Humbert Fifty Dollar, AU53
    Reeded Edge, 880 Thous., Kagin-5

    1851 $50 RE Humbert Fifty Dollar, Reeded Edge, 880 Thous. AU53 PCGS. K-5, Low R.5. A Federal assay office was opened in San Francisco in 1851, three years after gold was discovered in the recently acquired Western territory of California. In the first year of operation, only fifty dollar "slugs" were produced. The earliest pieces had a lettered edge, but the reeded edge was introduced the same year. Examples were concurrently struck with 880 or 887 fineness, with the latter produced into 1852. K-5 was likely struck in significant quantities, but most slugs were melted down with the advent of the 1854 San Francisco Mint. This lightly circulated straw-gold example has sharp wing plumage and fewer marks than expected, mostly confined to ticks in the field below 880. Listed on page 402 of the 2021 Guide Book. Population: 6 in 53, 19 finer (6/20).

    Coin Index Numbers: (NGC ID# 6J5L, PCGS# 10211)

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

    Auction Info

    Auction Dates
    August, 2020
    3rd-9th Monday-Sunday
    Bids + Registered Phone Bidders: 20
    Lot Tracking Activity: N/A
    Page Views: 408

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