Lot 2037
Nearly Mint State $50 Slug. PCGS graded AU-55. A stunning coin for the Territorial specialist. The surfaces show some die rust, which has been reduced by brief circulation. Moderate hairlines are also noted in the fields. The rims don't have the usual heavy dents that seem to plague this issue (they were called "slugs," after all, as all of you will remember, because Barbary Coast kidnappers used them in bandanas to slug captives over the head, then haul them off to indenturedness aboard sailing vessels). The obverse has some tiny areas of tooling where minor marks have been buffed down. The eagle is bold, and the shield too, with full details on every tiny device. Always popular for the engine-turned reverse, which shows virtually no signs of contact. An important and very rare coin indeed.
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| Realized $18,975 |
