Tag: Reeded

1851 “887” Reeded Humbert $50 NGC XF45

Sirhc

An Eight-Sided Offering

Augustus Humbert was U.S. Assayer in San Francisco and operated his firm under Moffat & Co. as the provisional mint years before the San Francisco mint officially opened. There are two variants of the 1851 887 Thous. reeded edge fifties, differing in the placement of the outer concentric circle on the reverse relative to the rim. In spite of their large size (nicknamed “slugs”), these pieces traded hands frequently in Gold Rush California. They were one of the few forms of gold whose stated value could be trusted. When viewed in hand, the coin is lighter (in hue, not weight!) than seen in our images.

Offered at $40,250 delivered

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(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

1851 “887” Reeded Edge Humbert $50 NGC MS61

Sirhc

Very Rare (and Heavy)

The importance of the 1851 $50 gold coins can scarcely be overemphasized. Ask any advanced collector of Territorial gold to name the most significant and memorable coinage design from the early California Gold Rush period, and the Humbert-U.S. Assay Office octagonal fifty dollars will likely be the first named. Until the commemorative Panama-Pacific fifty dollar pieces of 1915, the 1851-52 Humbert-Assay Office fifties remained the only large octagonal gold coins struck under the auspices of the United States Mint (the Assay Office was a provisional government mint), although later California private coiners struck round fifty dollar coins (Kellogg in 1854-55 and Wass, Molitor in 1855). The NGC population is only 8 with 12 higher.

Offered at $126,500 delivered

We do business the old fashioned way, we speak with you.

(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.