Augustus Humbert $50 Gold Piece
By Bowers and Merena
Graded Mint State Humbert Gold Coin of Any
Denomination or Variety Graded MS-65 by NGC
Bowers and Merena Auctions, America’s leading
rare coin and currency auction house, will
auction an extremely rare and exceptional 1851
Augustus Humbert $50 Gold Piece at their Beverly
Hills Rarities Sale on Saturday, September 13,
2008, at The Tower Beverly Hills, prior to the
Long Beach Coin, Stamp & Collectible Expo.
Lot viewing for the entire auction is scheduled
for Thursday through Saturday, September 11-13.
The coin, cataloged as August Humbert. $50 Gold.
Reeded Edge. K-5. Rarity-5. 880 THOUS. MS-65 *
(NGC), boasts a combined PCGS and NGC Population
(1851 $50 Reeded Edge, 880 THOUS variety only)
of just 1; 0 finer.
"This coin is a new discovery that has never
been available for sale to our knowledge," said
Steve Deeds, president of Bowers and Merena.
"The rarity, the quality, the history – it all
adds up to make this one spectacular coin of the
caliber that even the most experienced
numismatists only see a few times in a lifetime.
This coin is one of the high points of the year
at Bowers and Merena and we know it is going to
a cause a big buzz for our September Beverly
Hills Rarities Sale."
Fewer than 100 August Humbert Fifty-Dollar gold
coins of all varieties have been certified as
Mint State by PCGS and NGC, and the actual
number of individual coins is probably only
60-70 pieces considering resubmissions of the
same example(s) in attempts to secure a higher
Most of those coins, while strictly Mint State
in that their surfaces are free of wear, are
confined to lower grades through MS-63.
Distracting abrasions (some severe) bear much of
the blame for this grade distribution, but
subdued, lackluster surfaces are also seen quite
Given the rustic conditions under which it was
created, the strained economic conditions of
Gold Rush California, and the various standards
of numismatic conservation that have existed
over the years, this Gem 1851 880 THOUS Humbert
Fifty offered by Bowers and Merena should not
"This was the most memorable coin I have graded
all year, a true pleasure to see such an
original coin with original luster," said Mark
Salzberg, NGC chairman. "It is definitely
destined to be a centerpiece coin for the finest
This impressive and rare Augustus Humbert $50
Gold Piece will be offered for auction in Bowers
and Merena’s Beverly Hills Rarities Sale on
September 13 alongside more than 900 other
extraordinary coin lots. The complete auction
and lot viewing schedule as well as the catalog
in its entirety will be available on the Bowers
and Merena website at www.bowersandmerena.com,
and interested bidders are also invited to
request a printed catalog by calling
About Bowers and Merena Auctions
Bowers and Merena Auctions was founded in 1983
and has grown to become the-world’s preeminent
numismatic auctioneer with more than half a
billion dollars in rare coin and currency sales.
Bowers and Merena has handled four of the five
most valuable United States coin collections
ever sold, including the Louis E. Eliasberg Sr.
Collection, the Harry W. Bass Jr. Collection,
the Garrett Collection for The Johns Hopkins
University, and the Norweb Collection.
For more information about Bowers and Merena
Auctions and the 1851 Humbert $50 Gold Piece,
call 800.458.4646. For media inquiries, ask for
president Steve Deeds. Complete prices realized
for all past auctions are available at