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SERIES: (None)
LEVEL: Year, MintMark, & Major Variety

1851 $5 Schultz (Regular Strike)


PCGS AU53
Image courtesy of Heritage Numismatic Auctions
PCGS #:
10316
Diameter:
Designer:
Weight:
Edge:
Mintage:
Metal Content:
Other
Auction Record:
$340,750 • NGC MS62 • 4-23-2014 • Heritage
Go To Grade
  • 20
  • 35
  • 40
  • 45
  • 50
  • 53
  • 58
  • 62
 
20
60,000
2
35
80,000
2
40
115,000
3
45
150,000
1
50
170,000
1
58
285,000
62
350,000
1
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 AU58 estimated grade  

James Owens - Pacific Coast Auction Galleries 6/1987:1820, $42,000 - Riverboat Collection - Heritage 4/2014:5439, $340,750

2 AU53 PCGS grade  

Louis Eliasberg, Sr. Collection - Bowers & Merena 5/1996:355, $31,900 - Stack’s 7/2008:2243, $166,750 - Heritage 8/2013:5957, $235,000

3 AU50 PCGS grade  
4 XF45 PCGS grade  
4 XF45 estimated grade  

Stack's, sold privately in 1939 for $1,000 - Col. James Flanagan Collection - Stack's 3/1944:1547 - possibly Arthur Nussbaum Collection - Kenyon Painter Collection - Jess Peters 8/1973:1008 - RARCOA “Auction '79” 7/1979:1472 - Riverboat Collection - Heritage 4/2014:5440, $152,750

Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 AU58 estimated grade  

James Owens - Pacific Coast Auction Galleries 6/1987:1820, $42,000 - Riverboat Collection - Heritage 4/2014:5439, $340,750

2 AU53 PCGS grade  

Louis Eliasberg, Sr. Collection - Bowers & Merena 5/1996:355, $31,900 - Stack’s 7/2008:2243, $166,750 - Heritage 8/2013:5957, $235,000

3 AU50 PCGS grade  
4 XF45 PCGS grade  
4 XF45 estimated grade  

Stack's, sold privately in 1939 for $1,000 - Col. James Flanagan Collection - Stack's 3/1944:1547 - possibly Arthur Nussbaum Collection - Kenyon Painter Collection - Jess Peters 8/1973:1008 - RARCOA “Auction '79” 7/1979:1472 - Riverboat Collection - Heritage 4/2014:5440, $152,750

6 XF40 PCGS grade  
6 XF40 PCGS grade  
6 XF40 PCGS grade  
9 VF35 PCGS grade  
9 VF35 PCGS grade  

Ron Guth: The 1851 Schultz & Co. $5 is a very rare coin, with an estimated 15-20 examples known today.  The finest numerical grade assigned to any of these coin is NGC MS62.  This remarkable coin sold in eacrly 2014 and set a new price record for the date. 

Early states of the die are perfect, but the die quickly developed a crack atop the letters of GOL on the reverse, which eventually broke off and appears as a massive cud on at least one example.  This may explain why the coin is such a rarity today.

The dies are attributed to Albert Kuner, who worked with Schultz & Co. to provide dies for several of the private California minters.