1851 Schultz Gold Half Eagle
Strike Type
Coin Details
Auction Record
- Price realized
- $1,020,000
- Sold
- Grade
- MS62
- Auction house
- Heritage Auctions
Description
This is the 1851 Shultz & Co. five-dollar gold piece. Judge G. W. Shultz and William T. Garratt ran a brass foundry on Clay Street that made most of the dies used for private coinage in San Francisco, with Albert Kuner cutting the designs. Shultz also coined five-dollar pieces in 1851 from gold dust supplied by bankers, until a state law ended the business. The coronet reads SHULTS & CO., an error by the engraver, since Shultz spelled his name with a Z. Three pieces assayed at the Mint in 1851 averaged .879 fine. Catalogue number: K-1. PCGS number 10316.
Cross References
K-1
External References
Error Varieties
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