Historic Augustus Humbert $50 Gold "Slug"
Popular California Gold Rush Era Type
1851 Augustus Humbert $50. Reeded Edge. K-7. Rarity-6-. 887 THOUS., Second Target Reverse. VF-20 (PCGS).
This is a handsome, pleasingly original example with glints of pale pinkish-rose iridescence to dominant deep honey-gold color. A few light to moderate bumps are noted here and there, most significantly at the lower right obverse, but all in all the edges are quite smooth for a mid grade survivor of this hefty type. As well, the surfaces are uncommonly free of sizeable abrasions for having seen such extensive commercial use. Indeed, the only marks of note are concentrated in the upper and right obverse field areas. Peripheral devices are incomplete, typical for a well circulated Augustus Humbert $50, although the date is legible - if faint; virtually the entire obverse legend has been lost to wear. The central devices are suitably bold for the grade, allowing ready appreciation of this classic design type from the California Gold Rush era. In sum, this piece offers more than acceptable equality for a scarce and eagerly sought territorial gold issue, and it is sure to find many willing buyers in today's market.
PCGS# 10214. NGC ID: ANH9.
Price realized | 19'500 USD |
Starting price | 1 USD |
Estimate | 22'000 USD |