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2119

1851 U.S. Assay Office $50 slug, 887 THOUS. Reeded ed

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1,500.00 USD Estimated At:6,000.00 - 8,000.00 USD
1851 U.S. Assay Office $50 slug, 887 THOUS. Reeded ed
A popular reminder of the days when private minters could strike gold coins (actually these were called "ingots" and later "slugs") and find a ready market for their product. Tens of thousands of fifties were issued, and just as many, barring a few residual survivors went into the San Francisco Mint's melt pots where the gold they contained was turned into flashy double eagles and other gold denominations. A generally well preserved piece with visible lettering and a clear date, but the usual abrasions in the field and on the devices.
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