Lot 1212
1852 U.S. Assay Office $50 "slug", 887 THOUS. Reeded edge. PCGS graded MS-62 PQ. Here offered is a fabulous and memorable slug. This incredible new discovery coin has resided in the collection of a Maharaja since the 1950s and is just now seeing the light of day, to the joy of all numismatists. Type with "887 THOUS." in relief. Breen-7709, Kagin-11. The lower part of the eagle, the shield and the rocky crag below are ill defined due to striking weakness. This single aspect of manufacture is more than made up for by the total originality of the coin. The surfaces are covered with satiny mint luster in lovely California yellow gold. The engine turning and filigree design on the reverse is essentially complete as are the obverse legends. These details combine to provide a coin of outstanding beauty and one of great importance in the history of California's gold discoveries and the American West. Population 1, and the only Mint State specimen this far graded by PCGS! (PCGS # 10217) .
Estimated Value $30,000 - 40,000.
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| Realized $138,000 |
