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1851 $50 RE Humbert Reeded Edge Gold Slug Coin PCGS VF Details

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:21,000.00 - 24,000.00 USD
1851 $50 RE Humbert Reeded Edge Gold Slug Coin PCGS VF Details
One 1851 $50 RE Humbert Reeded Edge Gold Slug Coin PCGS VF Details. The $50 gold pieces, issued by the United States Assay Office of Gold in San Francisco, when originally designed were often referred to as "ingots" opposed to coins, today they are referred to as "slugs". The $50 Slugs are one of the most popular of all California Gold pieces today primarily due to their unusual octagon shape and their $50 denomination. Due to their high gold content & weight many of them were melted down over the years however now their numismatic value has far exceeded any melting value and they are a very desirable piece amongst collectors and enthusiast alike. This is a great example of an affordable yet still desirable piece for the collector not looking to spend six figures for the higher grade uncirculated pieces. PCGS Graded.