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FS Gorgeous Pioneer- 1851 $50 Humbert PCGS XF40 CAC

lonemountaincoinlonemountaincoin Posts: 9 ✭
edited September 30, 2024 8:47PM in Buy, Sell, & Trade - U.S. Coins

Greetings! LMC offers a beautiful $50 Humbert slug in XF40 CAC.

From the Blue Hill Collection pedigree comes a gorgeous and lightly toned California gold rush 2.5 oz gold piece. Touches of peach hug the devices on this highly desirable piece of Western Americana.
Right for the grade, XF40 but well above average - pleasing surfaces, no distracting rim bumps scratches or bruises.
This piece sold for 49.9k in 2022 at legend and it is available now nearly 2 years later for only 10% more at 55k delivered!

Price: $55k delivered

Only 4 stickered with 17 finer in CAC.

Feeless. Check. Layaway. Trades.

Very flexible with payment type.

Ron Guth:
The $50 gold pieces issued by the United States Assay Office of Gold in San Francisco in the early 1850's were not actually coins per se. Rather, they were called "ingots" at the time; today, we know them as "Slugs." Their real value, besides that stated on their face, was in standardizing the jumble of over-valued, underweight, and off-purity private issues prevalent at the time. Nowadays, the $50 slugs are among the most popular of all California gold pieces.
High-grade examples are very difficult to locate. Because of their high intrinsic value, the large majority of them have been melted down over the years. Those that entered circulation were subject to all the injuries that a heavy gold coin might receive, especially bumps and bruises on the corners. Because of their high numismatic value, many have been repaired or otherwise "improved" over the years. Finding an example with original "skin" and that crusty, old-gold look is well-nigh impossible. In our search for coins for the PCGS CoinFacts Condition Census, we've come across a few (these all refer to the 1851 $5 Humbert Reeded Edge, 887 THOUS variety).

TrueView:

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