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Lot
3666

1915-S $50 Panama-Pacific 50 Dollar Octagonal MS64 PCGS....

2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143

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Auction Ended On: Aug 11, 2010
Item Activity: 7 Internet/mail/phone bidders
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Location:

Hynes Convention Center
900 Boylston Street
Boston, Massachusetts 02115

Description:

Upper-End MS64 1915-S
Panama-Pacific Fifty Dollar Octagonal
1915-S $50 Panama-Pacific 50 Dollar Octagonal MS64 PCGS. The 1915-S Panama-Pacific International Exposition fifty dollar gold commemorative coins are in a class unto themselves, uniquely American mementos of one of the most famous national celebrations/world's fairs in our nation's history. They employ iconography that draws heavily from classical art (except for the pine cone on the reverse), yet they assemble those elements into a distinctly American commemoration. The dolphins--depicted on the octagonals only-- figure prominently in Minoan art, at least our reconstruction of it. The Minoans were the first nation to build a maritime empire, as the Greek historian Thucydides noted in the fifth century B.C.. The dolphins are a fitting commemoration of the importance of the Panama Canal completion--a step that President Teddy Roosevelt viewed as crucial in U.S. domination of both of its coastal oceans. The owl on the reverse and the figure of Minerva (Roman; Greek-Athena) were associated together from antiquity. Minerva was the goddess of wisdom, commerce, crafts, magic, weaving, and poetry. Her sacred creature was the owl, and through that association the owl came to stand for wisdom.
This example presents smooth, satiny surfaces that are virtually unabraded on each side. A few light, reddish alloy spots on the reverse are the only minor distractions. The strike is complete and overall the coin presents as a Gem.(Registry values: P7) (NGC ID# 26HN, PCGS# 7452)

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