LOT #4697 |
Sold on Jun 3, 2006 for: Sign-in
or Join (free & quick)
1915-S $50 Panama-Pacific 50 Dollar Round MS65 NGC. Ex: Swiss America/Dr. Merritt. The Mint Act of January 16, 1915 authori...
Click the image to load the highest resolution version.
Sold on Jun 3, 2006 for:
Sign-in
or Join (free & quick)
Description
Impressive Gem 1915-S Pan-Pac Fifty Dollar Round
1915-S $50 Panama-Pacific 50 Dollar Round MS65 NGC. Ex: Swiss America/Dr. Merritt. The Mint Act of January 16, 1915 authorized a fifty dollar gold piece to commemorate the Panama-Pacific International Exposition. Proceeds from sales of these impressive coins would help fund the San Francisco-based Exposition that celebrated the opening of the Panama Canal on August 15, 1914. Designed by Robert Aitken, the round fifty dollar coin had a net mintage of 483 pieces from the original 1,500 which were struck. When these were sold to the public, they carried a rather steep premium of $100 per coin, hardly within the means of most Americans at the time. Many of these were mishandled over the years, as this type of large gold coin often seems to attract edge bumps. Of those that survived, a significant number were cleaned and some were even carried as pocket pieces by attendees to this famous and popular exposition. Coins which were not sold by early 1916 were melted, as required, making this issue a rarity by almost any standard.A perfect match to the Octagonal $50 coin in this sale with the same grade, the current offering displays similar green-gold coloration and pleasing satin luster. A handful of trivial blemishes are noted on the obverse, but they seem easy to forgive on such an important piece. An impressive Gem example for the numismatist, and one of the most popular issues in the commemorative series.(Registry values: N10218)
Coin Index Numbers: (NGC ID# BYLU, PCGS# 7451, GSID# 10215)
Metal: 90% Gold, 10% Copper
Weight: 83.59 grams
AGW: 2.41875oz
Mintage: 483
Auction Info
2006 June Long Beach Signature Auction #408 (go to Auction Home page)
Auction Dates
June, 2006
1st-3rd
Thursday-Saturday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 6,775
Buyer's Premium per Lot:
15% of the successful bid per lot.
Shipping, Taxes, Terms and Bidding
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | US & World Coin Grading Tutorial
Important information concerning Sales Tax and Resale Certificates. Learn More
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | US & World Coin Grading Tutorial