Goldberg Coins and Collectibles

Sale 44

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Lot 2785

1852 U.S. Assay Office $50 Gold, 900 THOUS. PCGS graded EF-45. Mostly untoned. A popular large US gold coin. From January 1851 through much of 1852, the U.S. Assay Office struck the massive 2-1/2 ounce $50 gold ingots or "slugs." Smaller denominations would follow, but it is the $50s that are the most famous today. The U.S. Assay Office fifties early on were in several finenesses, with this specimen being coin-standard at .900 Fine. The alloy was mixed with silver and some copper. A smidgen of luster remains deep in the eagle's feathers of this attractive piece. It shows clear lettering around the margin (often worn on even high grade pieces) and a full date. Only a few light abrasions, none of which cause injury to the eight corners. Pop 12; 22 finer. (PCGS # 10019) .
Estimated Value $18,000 - 22,000.

Realized $32,200

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