LOT #4139 |
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1915-S $50 Panama-Pacific 50 Dollar Octagonal MS63 PCGS....
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Description
Octagonal 1915-S Panama-Pacific Fifty
Last and Greatest Coin in the Set
1915-S $50 Panama-Pacific 50 Dollar Octagonal MS63 PCGS. A
lovely handbook that is widely available to tourists in San
Francisco is San Francisco's Panama-Pacific International
Exposition 1915, issued by the Golden Gate National Parks
Conservancy. With historic hand-tinted photographs of the
exposition, which it calls "The Last Great World's Fair," and an
introduction by Hallie Brignall, the slim volume brings to life the
monumental dual celebration of the Panama Canal completion and the
discovery of the Pacific Ocean four centuries earlier by the
Spanish explorer Vasco Núñez de Balboa.The book places the Exposition in its cultural context thus:
"An astonishing achievement, the Exposition brought together the most celebrated architects, artists, and innovators of the time to create a magical vision the likes of which the world had never seen. Arising from the ruins of the 1906 earthquake and fire, it established San Francisco as the most beautiful city in America."
The Panama-Pacific Exposition was in the planning stages for more than a decade before officially opening on February 20, 1915, so it is unsurprising that there were many historic firsts associated with the fair. Among the most permanent was the five-piece numismatic commemoration by the U.S. Mint. That remembrance would also include a number of firsts, including the first and only fifty dollar coins of the classic commemorative era of U.S. numismatics, from 1903 to 1926.
The fifty dollar octagonal Pan-Pac coins remain today the only octagonal coins ever issued by the U.S. Mint, and both they and their round siblings are hotly contested in any grade at auction. This first-time offering, part of a four-coin set, is sure to appeal to collectors. The piece itself is remarkably well-preserved with pale yellow surfaces touched in more orange. Luster and striking qualities are equally solid, and while a few wispy abrasions are present, the overall eye appeal is great. Just as this coin was the cornerstone of its Panama-Pacific set, it may in turn become the cornerstone of a commemorative collection.(Registry values: P7)
Coin Index Numbers: (NGC ID# BYLX, PCGS# 7452, Greysheet# 10216)
Weight: 83.59 grams
Metal: 90% Gold, 10% Copper
Auction Info
2011 February Long Beach Signature US Coin Auction #1152 (go to Auction Home page)
Auction Dates
February, 2011
3rd-6th
Thursday-Sunday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 6,784
Buyer's Premium per Lot:
15% of the successful bid per lot.
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