There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.

1915-S $50 Panama-Pacific 50 Dollar Octagonal MS64 NGC. CAC....

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

Sold for: Sign-in or Join (free & quick)
View Similar Items Available Now
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Jan 5, 2012
Item Activity: 8 Internet/mail/phone bidders
652 page views
Location: Orange County Convention Center
North/South Building
9899 Universal Blvd.
Hall SB - South Building
Orlando, FL 32819

1915-S Panama-Pacific Octagonal Fifty, MS64
A Capstone of the Classic Gold Series
1915-S $50 Panama-Pacific 50 Dollar Octagonal MS64 NGC. CAC. Collectors of the "classic" or "legacy" 1903-1926 period of U.S. gold commemoratives sometimes dismiss the so-called "modern" commemorative series. For silver commemorative U.S. coins, the "modern" era dates to 1982, when the George Washington commemorative halves debuted. Modern gold commemoratives harken back to the 1984 Olympic ten dollar gold coins, the first such in more than a half-century. Modern gold bullion coins premiered in 1986 with the popular American Eagle sets in four denominations (or weights).
In order to understand the Panama-Pacific round and octagonal coins and their incredible popularity, it is helpful to remember that at one time, they were both "new modern gold commemorative U.S. coins" as well as, broadly speaking, "gold bullion coins."
In that context, an interesting recent publication sheds new light on the Pan-Pacs: Eric Jordan's 2010 Modern Commemorative Coins. A primary reason that the Pan-Pacs are so rare today is that they were considered enormously expensive. Containing proportionally 2.5 times the gold content of a double eagle, they were sold for double face value, or $100 each. This was at a time when, for example, a proof Liberty Head double eagle could be obtained for only a few dollars over face. A Ford Model T touring car could be bought, brand-new, for $490.
Jordan writes of collecting in the era from 1906 to 1936:

"... while we can look through today's coinage books and say that we would have acquired for our collection a 1916-D Mercury dime, a 1916 Standing Liberty quarter, a matte proof gold Indian type set, a matte proof $20 gold Saint-Gaudens, all the key date fractional gold, at least one 1915 Pan Pac $50 commemorative gold and a 1936 proof set, the likelyhood [sic] of us actually having done so if we lived and collected in that era is remote. The reason is every coin listed other than the dime and quarter was an unpopular modern [issue] rejected by the collecting public at the time of its issue."

While collectors of the era may have loved the neoclassical Robert Aitken designs and themes, $100 for a single-coin souvenir of the Panama-Pacific Exposition, no matter how aesthetically pleasing and desirable, was a considerable outlay.
The present example of the 1915-S octagonal shows orange-gold patina over satiny surfaces. Magnification reveals a few tiny marks on Minerva's face and the owl, nothing distracting, and the strike is sharp throughout both sides.(Registry values: P7) (NGC ID# 26HN, PCGS# 7452)

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Other Available Items:

Bid Now on Items Just Like This One

Lot Bidding Ends Grade Service Current Bid
Auction 1219, Lot 5512 Thursday, April 23, 2015 MS64 PCGS $22,000.00
View items up for auction that match this item in other grades.

Guides and Pricing Information:

Previous Prices from Heritage Auctions
or Join (free & quick)
Price Guide
or Join (free & quick)
Population Guide
or Join (free & quick)
Find Auction Prices for Comparable Items:

Sign-in or Join (free & quick) to see the full image

Open For Bidding
Coming Soon
sold in the last year
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
Only 20 days left to consign to the 2015 June 3 - 8 US Coins Signature Auction - Long Beach!
Learn About Consigning With Us
Needless to say I was overwhelmed by the results of the auction and I truly believe it was Jill’s efforts in promoting and displaying the piece that brought in the extra value.
Arlington, MN receives more traffic than any other auction house website. To compare for yourself, visit:
2015 February 26 - March 1 PNG Dallas Invitational US Coins Signature Auction - Dallas
2015 February 26 - March 1 PNG Dallas Invitational US Coins Signature Auction - Dallas
REALIZED $6,547,739
2015 January 13 - 14 World Coins & Ancient Coins - Dallas
2015 January 13 - 14 World Coins & Ancient Coins - Dallas
REALIZED $3,006,765
2015 January 8 - 12 FUN World Currency Signature Auction - Orlando
2015 January 8 - 12 FUN World Currency Signature Auction - Orlando
REALIZED $990,575
You could win!
Take the Survey