1851 Schultz & Co. (1851) Values

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Values / U.S. Coins / Private & Pioneer Gold / Schultz & Co. (1851) / 1851 Schultz & Co. (1851)

The Greysheet Catalog (GSID) of the Schultz & Co. (1851) series of Private & Pioneer Gold in the U.S. Coins contains 1 distinct entries with CPG® values between $260,000.00 and $1,200,000.00. Augustus Humbert, a New York watchcase maker, was appointed United States assayer, and he placed his

The Greysheet Catalog (GSID) of the Schultz & Co. (1851) series of Private & Pioneer Gold in the U.S. Coins contains 1 distinct entries with CPG® values between $260,000.00 and $1,200,000.00.

Augustus Humbert, a New York watchcase maker, was appointed United States assayer,

and he placed his name and the government stamp on the ingots of gold issued by Moffat & Co. The assay office, a provisional government mint, was a temporary expedient to

accommodate the Californians until the establishment of a permanent branch mint.

The fifty-dollar gold piece was accepted by most banks and merchants as legal

tender on a par with standard U.S. gold coins and was known variously as a slug,

quintuple eagle, or five-eagle piece. It was officially termed an ingot.