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1915-S $50 Panama-Pacific 50 Dollar Octagonal MS63 PCGS....
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Sold on Mar 18, 2011 for:
$74,750.00
Bid Source: Live: Floor bidder
Description
1915-S Panama-Pacific Octagonal Fifty, MS63
Bright, Lustrous Example of This 20th Century Rarity
1915-S $50 Panama-Pacific 50 Dollar Octagonal MS63 PCGS. The
Panama-Pacific fifty dollar design, which is shared between round
and octagonal forms, has a decidedly classical feel, a deliberate
artistic choice of sculptor Robert Aitken. The classicist Cornelius
Vermeule offered this intriguing assessment of possible
inspirations and influences:"In an overall view, the arresting feature of the giant gold coins was their archaistic treatment of details and relief. Athena's crest, wreath, curls, and aegis imitate the work of an ancient bronze. The bead and reel between the outside rims comes from Greek architecture, and a form of the lettering around the rim recalls Roman sestertii of the Empire or papal medallions of the Cinquecento."
While the sculptor likely did not take all of the above as conscious influences, Vermeule's exposition nonetheless illustrates the debt Aitken owed to his classical predecessors.
This Select coin is a well-struck, pleasingly preserved example of this ever-popular issue. Athena's face and helmet show no singularly distracting flaws, and the entire coin is awash in mint luster. Close examination will note some minor lines, of the type present on the vast majority of this issue. Since much of the Panama-Pacific Exposition coinage was sold to non-coin collectors, time and attrition took a toll on these heavy coins. Many show rim bumps from being dropped or mishandled in some fashion, and problem-free survivors are more elusive than the population numbers might suggest. This coin is an excellent example for the grade and worthy of a place in an advanced 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 March Sacramento Signature ANA US Coin Auction #1153 (go to Auction Home page)
Auction Dates
March, 2011
17th-20th
Thursday-Sunday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 12,728
Buyer's Premium per Lot:
15% of the successful bid per lot.
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