Lot 2784
1852 U.S. Assay Office $50 Gold, 887 THOUS. . NCS AU Details. Repaired, Improperly cleaned. Still a very nice coin with all the design details plainly evident. This includes the legends around the rim as well as the date. In small letters, the legend reads AUGUSTUS HUMBERT UNITED STATES ASSAYER OF GOLD SAN FRANCISCO 1852. A popular type, and one of the most romantic gold pieces to survive the era of the California Gold Rush. Vast numbers of these $50 ingots were struck, but thousands of them were subsequently melted (to be turned into $20 U.S. gold pieces) once the mint at San Francisco opened its doors in 1854. Today they are scarce. The era in which these circulated is but a blink of the eye, looking back over the span of 150+ years. Three or four short years, but in their heyday they were a necessary requirement for business and trade transactions to take place.
Estimated Value $6,000 - 7,000.
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