1851 Augustus Humbert $50 Slug, 880 THOUS, Reeded Edge, AU Details
K-5, R.5. After the appointment of Augustus Humbert as United States Assayer, the firm of Moffat & Co. included his name on the ingots and coins that it delivered. At this time, the company served as an officially sanctioned Assay Office for Gold Rush California.
This is a visually impressive slug, as are they all, with rich green-gold coloration, and hints of red in some of the crevices of the design. The strike is about average for the type, the obverse peripheral inscription discernible, and the eagle well detailed over all but the most central features. Scattered abrasions and heavy rim bruises are noted, but we stress that none of these distractions are overly out-of-context for a circulated gold coin of this size. A historically significant issue that enjoys unflagging collector demand in today's hobby. (PCGS 10211) Rim Damage