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Lot 2203 |
1915-S $50 Panama-Pacific 50 Dollar Octagonal MS64 NGC....
Auction: 2009 February Long Beach, CA Signature US Coin Auction #1122
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| Sold for: |
Not Sold
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| Ended: | Feb 5, 2009 |
| Item Activity: |
5 Internet/mail/phone bidders
2,519 page views |
Description:
Near-Gem 1915-S Pan-Pac Fifty Dollar Octagonal
1915-S $50 Panama-Pacific 50 Dollar Octagonal MS64 NGC. The 1915-S Panama-Pacific octagonal fifty dollar pieces (and their round siblings) have much in common with another memorable U.S. gold coin, the MCMVII (1907) High Relief double eagle of Saint-Gaudens' legendary design. Apparently the authors of 100 Greatest U.S. Coins think so too: Coincidentally, they are listed as Nos. 25 (the High Relief) and 26 (the Pan-Pac pieces, octagonal and round) in the Jeff Garrett-Ron Guth reference. (The Top 20 coins were selected by members of the Professional Numismatists Guild, with the authors choosing the remainder.)The Pan-Pac fifty dollar gold coins are the largest-denomination coins and the most impressive, from a sheer size standpoint, of the various gold and silver issues that constitute the "classic era" U.S. commemoratives of the 1892-1954 era. (Some modern-era [1982-present] commemoratives are of larger nominal denominations but smaller sizes.) The octagonals hearken back in spirit and form to the massive, marginally useful "quintuple eagles," "adobes," or "slugs" of the 1851-52 Territorial era of California gold. (The discussion of whether the Humbert-U.S. Assay Office fifties are a federal or Territorial issue is a discussion for another day.) In terms of their pleasing aesthetics, sculptural approach, and desirability, however, for most people the Pan-Pac octagonals more closely resemble the celebrated High Relief Saint-Gaudens double eagles, of a more nearly contemporaneous date. This pantheon of memorable gold coins will likely be augmented in 2009 when the Mint issues a true Ultra High Relief gold double eagle in a double-thick or "piedfort" size.
While the octagonals are more interesting and unusual, the rounds are a bit pricier, due to a smaller net mintage. Nonetheless, both are destined to maintain their positions as among the world's most desirable and appealing coins. The rippling orange-peel surfaces display subtle rose and lilac shadings of gold on each side. The only marks of any note are a couple at the top of the owl's legs on the reverse. Bright, satiny mint luster rolls around each side of this magnificent piece.(Registry values: P7) (#7452)
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Shipping Description: Coins & Currency (view shipping information)
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 69032, Lot 62611 | Sunday, March 8, 2009 | 64 | NGC | $71,875.00 |
| Auction 1116, Lot 1271 | Sunday, September 21, 2008 | 64 | NGC | $92,000.00 |
| Auction 1132, Lot 1358 | Sunday, December 6, 2009 | 64 | PCGS | $92,000.00 |
| Auction 1114, Lot 2148 | Sunday, August 3, 2008 | 64 | NGC | $86,250.00 |
| Auction 444, Lot 2100 | Sunday, August 12, 2007 | 64 | PCGS | $83,375.00 |
| View prices realized from this item in other grades (you must be signed in) | ||||
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