Lot 1994
1851 U.S. Assay Office $50 "slug", 887 THOUS. Lettered edge, 50 on reverse. EF-45. A rare coin that is seldom found in any grade. This particular piece boasts lovely surfaces for such a big coin, sure there are some scattered ticks and marks, but none of consequence. We note some planchet irregularities below the right wing of the eagle. One of the most popular with the lettered edge, and the $50 on the central reverse in the enticing engine turned design. Note that the huge corners are much better than usually encountered. Less than 40 are known, and this is one of the classic Territorial gold rarities. Some traces of original mint lustre still evident about the devices.
Estimated Value $22,500 - 27,500.
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