1851 Augustus Humbert $50. Reeded Edge. K-7. Rarity-7. 887 THOUS., Target Reverse. VF-25 (PCGS).

A respectable example of this scarce and historic Augustus Humbert $50 gold issue. Warmly toned in dominant olive-gold patina, both sides exhibit tinges of pale orange-copper iridescence in isolated areas. Most major design elements are readily evident, with most quite bold in fact, although the wear is uneven and has resulted in near-total loss of detail over the upper right obverse. The surfaces are moderately abraded overall, typical of both the issue and the assigned grade, but there are no individually mentionable marks, and even the rims are uncommonly smooth with minimal disturbances. Certainly a highly desirable example of one of the most popular of all California Gold Rush era types. The rare Kagin-7 attribution is identifiable by smaller concentric circles in the center of the reverse with the outer ribbon away from the edge. These features are usually seen on Humbert's 1852 $50 gold issue.

PCGS# 10214. NGC ID: ANH9.

From the Addison Collection.