LOT #61400 |
Sold on Nov 30, 2007 for:
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1915-S $50 Panama-Pacific 50 Dollar Round MS62 PCGS....
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Sold on Nov 30, 2007 for:
Not Sold Description
Tantalizing 1915-S Panama-Pacific Fifty Dollar Round, MS62
1915-S $50 Panama-Pacific 50 Dollar Round MS62 PCGS. Though sales of the Panama-Pacific commemoratives did not meet the optimistic projections made by Farran Zerbe, in another respect, the pieces were a resounding success. While the Columbian halves, Isabella quarters, Lafayette silver dollars, Louisiana Purchase gold dollars, and Lewis and Clark gold dollars all depreciated from their initial purchase price, the Panama-Pacific pieces bucked this unfortunate trend. Q. David Bowers, in his Commemorative Coins of the United States, notes the following: "In later years the Panama-Pacific coins maintained their value, and soon thereafter began to increase. The $50 pieces in particular were highly desired, and within five years after the termination of original sales, a set containing all of the Panama-Pacific coins, originally sold at $200, was valued in the $300 to $400 range."The fame of the Panama-Pacific fifties has only increased with time, aided by their massive size and their minuscule mintages. To give just two examples of accolades awarded the coins, the seminal Swiatek-Breen reference described the pieces as "the caviar and truffles of the United States commemorative issues," and in 2003, the round and octagonal formats together ranked 26th in 2003's award-winning The 100 Greatest U.S. Coins, written by the noted numismatic duo of Jeff Garrett and Ron Guth.
The luminous surfaces of this fifty dollar round are predominantly butter-yellow with a touch of orange on the obverse. The devices on each side offer pleasing detail for the difficult-to-strike issue. Though the obverse shows a number of wispy, grade-defining abrasions and a rim bruise below the Y in FIFTY, the overall visual appeal remains strong. An excellent opportunity to own an example of this iconic American commemorative.(Registry values: N7079)
Coin Index Numbers: (NGC ID# BYLU, PCGS# 7451, GSID# 10215)
Metal: 90% Gold, 10% Copper
Weight: 83.59 grams
AGW: 2.65oz
Mintage: 483
Auction Info
2007 November Houston, TX US Coin Signature Auction #370 (go to Auction Home page)
Auction Dates
November, 2007
29th-30th
Thursday-Friday
Bids + Registered Phone Bidders: 20
Lot Tracking Activity: N/A
Page Views: 2,910
Buyer's Premium per Lot:
15% of the successful bid per lot.
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