Lot 4887
1851 U.S. Assay Office $50 "slug", 880 THOUS. Reeded edge. NGC graded EF-40. Well struck with light natural toning on both sides. A popular coin. Indeed, a coin of majestic dimensions, this is a famous Territorial issue. Assay pieces were coined by the forerunner of the San Francisco Mint. The design details are nicely displayed, and the overall eye appeal is consistent with the EF40 grade. Of course, as typical for these large coins, some scattered circulation marks and contact points on the corners may be observed, including a mark under the fineness ribbon on the obverse, but the surfaces are far nicer than might be expected considering the yeoman duty these slugs performed. With the coin offered in this lot, we can without hesitation that it is a very desirable showpiece for the numismatist. Pop 5, 31 finer (PCGS # 10211) .
Estimated Value $20,000 - 22,000.
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| Realized $24,725 |
