Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

    Description

    1851 Humbert Octagonal Fifty, XF40
    880 Thous. Type, K-5

    1851 $50 RE Humbert Fifty Dollar, Reeded Edge, 880 Thous. XF40 NGC. CAC. K-5, Low R.5. Reeded Edge, No 50 on Reverse. The Reeded Edge Humbert fifty dollar gold coins of 1851 are rare but quite a bit more available than the Lettered Edge pieces, which actually bear their date 1851 on the edge as well. But both were considered little more than assayed ingots with fifty dollars' worth of gold; they could just as well have been rectangular assayer's ingots (which were also issued during this era) and would have served the same purpose.

    The Humbert fifty dollar octagonal gold pieces remained in the collective consciousness of the people of California. Sixty-four years later they were imitated, although not widely publicized as such, when the Panama-Pacific fifties were struck, 645 of which were octagonal in shape and with a similar weight of 2.5 ounces. There were enough Humbert fifties that survived that collectors of the day "got it" and understood the retro size and shape of the Pan-Pac coins.

    Because of the size of these pieces, and their actual use in the channels of commerce, most examples show numerous rim bumps and bruises. This piece displays myriad small marks and a few rim bumps but few singular abrasions. Close examination shows several of the marks are actually planchet voids that were present at the time of striking and did not strike out with the pressure of the coining press. The devices are outlined with deeper reddish patina and contrast against the orange-gold seen over the remainder of each side. This slightly handled "slug" retains much eye appeal and historic interest. (NGC ID# ANH8, PCGS# 10211)


    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    January, 2014
    8th-12th Wednesday-Sunday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 771

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 29 days left to consign to the 2017 June 21 - 23 World Coins Signature Auction - Hong Kong!

    Learn about consigning with us

    Your overall service is very good. The quality of the catalogs for major sales are superior and very accurately described.
    M.F. ,
    Elmwood Park, IL
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    REALIZED $11,086,652
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    REALIZED $2,407,045
    2017 January 5 - 9 FUN World Currency Signature Auction -
    2017 January 5 - 9 FUN World Currency Signature Auction -
    REALIZED $1,283,993