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1851 880 Humbert $50 California Gold Reeded Edge - PCGS VF20

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Our Price: $26,000.00

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Product Code: USG-02333

1851 880 Humbert $50 California Gold Reeded Edge

Certified PCGS VF20

This is the second generation of $50 "slugs" produced under the auspices of Augustus Humbert, who ran the U.S. Assay Office of gold in San Francisco, California. Unlike the various private firms producing their own ingots and coins during this period, the U.S. Assay Office was an officially sanctioned operation.

This "new and improved" version of the $50 slug eliminated some of the time-consuming operations involved with the production of the earliest versions. Most notably, the legends that had to be applied by hand to the edge faces in the first issues were now engraved into the face (obverse) die. This one improvement eliminated seven single steps in production. Also, the date and fineness appeared in the die instead of having to be punched in by hand, eliminating two more steps. Reeding replaced the former edge lettering to prevent clipping or shaving. Because of their heavy weight, many of these coins have bruises or dents on the corners.

Photos are of the actual coin you will receive.

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