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1852 $50 U.S. Assay 887 Territorial Gold Slug Coin NGC AU55

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:57,500.00 - 65,000.00 USD
1852 $50 U.S. Assay 887 Territorial  Gold Slug Coin NGC AU55
NOT SOLD (BIDDING OVER), HIGH BID WAS
1.00USD+ applicable fees & taxes.
This item WAS NOT SOLD, auction date was 2021 Feb 28 @ 07:00UTC-8 : PST
One 1852 $50 U.S. Assay 887 Territorial Gold Slug Coin NGC AU55. A scarce and highly desirable territorial gold slug that exudes sharp and only lightly worn, randomly scattered smaller abrasions are typical for any gold coin of this heft. Collectors of these large gold pieces know, rims and edges are always especially prone to nicks, with the eight "points" all the more assured of suffering blunt evidence of coin-to-coin contact. Given that the coin actually saw brief circulation (missing mint-state by merely five points according to NGC), the effects of abrasions are understandable and certainly expected. The central portion of the machined design on the reverse shows the most evidence of wear, such that it is, while the obverse really shows scarcely any wear at all, with evidence of such taking the form of slightly muted contact marks. A handful of tiny, dull nicks scattered randomly about the eagle's head, again, impossible to avoid when a gold coin this large makes its way into the channels of commerce. NGC Certified.