1915-S $50 Panama-Pacific 50 Dollar Round MS64 PCGS. CAC....
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For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
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Extended Payment Plan
Available on select items as noted on the item page in the bidding area.
- Minimum invoice total is $2,500.
- You may take up to four (4) months to pay the balance (monthly payments of at least 1/4th of invoice total).
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- Minimum down payment is 25% within two weeks of the sale date. All down payments made beyond this 2 week window will require a 35% down payment, and the term will be shortened to 3 months.
- Subject to a refundable 3% set-up fee, which will be paid as part of your 1st monthly installment. This fee will be refundable upon completion of the plan if the following conditions are satisfied:
- All payments (including the down payment) must be made on-time per your specific EPP schedule (there will be a brief grace period).
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- With pre-approved credit application
All traditional sales policies still apply. Due to the nature of the business and market volatility, there is no return privilege once you have confirmed your sale, and penalties can be incurred on cancelled orders.
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Note: This offer may not be available on some items.
Terms and Conditions
Extended Payment Plan for Heritage Owned Inventory Items(excludes Virtual Bourse, Comic Market and Virtual Sports Show)
- Minimum invoice total is $2,000.
- You may take up to 6 months to pay the balance (monthly payments of at least 1/6th of invoice total).
- Minimum down payment is 20%.
- Payments (including the down payment) must be made on-time per your specific EPP schedule (there will be a brief grace period).
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- There is no penalty for paying off early.
- Non-dealers only
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Note: The extra increment won't be placed until the item is up for live bidding, so it is possible that you could be outbid by a bid placed prior to live bidding, such as another proxy bid, live proxy bid, mail bid, etc., which could result in your losing the lot by that one increment. For the same reason, it is also possible that a currently losing bid with bid protection placed could potentially win the lot once the lot is subject to live bidding and the Bid Protection increment(s) is placed.
Fifty Dollar Round, MS64
It is worth noting that a non-collector, given the choice of which of two Panama-Pacific fifties, one the Octagonal type and the other a Round, to examine first, that person almost invariably selects the former. The sheer novelty of an octagonal coin is overwhelming, and in strict terms of visual interest, the odd shape triumphs. So it was with the Panama-Pacific fifties at the time of issue, which eventually resulted in a lower net mintage for the Panama-Pacific Round compared to its Octagonal counterpart. Q. David Bowers discusses this at length in his Commemorative Coins of the United States:
"The octagonal $50 pieces were more popular than the round ones at the [Panama-Pacific International] Exposition. More of these were sold singly and in boxed sets (containing the three lower denominations and the buyer's choice of one $50 variety), as it seemed to the typical buyer that the eight-sided coin was more distinctive in shape ... than a round piece.
The reception by numismatists of the Panama-Pacific coins was uniformly favorable, and undoubtedly at least a hundred or so five-piece sets were distributed in such channels, but most of the approximately 300 sets eventually sold seem to have gone to wealthy citizens in the San Francisco area, convention officials, bankers (particularly true of the framed sets sold later), and members of the general public."
It is interesting to note that the figures Bowers provides add up to an estimate of nearly 400 five-coin sets sold; given the official net mintage of just 483 pieces for the Panama-Pacific Round fifty, this leaves very few examples acquired through single purchase (with the three smaller coins included as a bonus). When one additionally considers the official net mintage of 645 pieces for the Octagonal fifties, it becomes clear that while many well-to-do individuals were willing to let the Round coins tag along in sets, those who were interested in purchasing just one Panama-Pacific fifty overwhelmingly rejected the circular variety and pursued its eight-sided cousin instead.
That rejection created the single greatest challenge facing gold commemorative enthusiasts today. It cannot be emphasized enough that only 483 pieces of the Panama-Pacific Round fifty escaped the melting pot, creating a hard cap on the number of complete sets possible, and substantial attrition has further infringed on that figure. Moreover, the collector seeking an unimpaired survivor has even fewer options available, making a Choice coin such as the present piece an undeniable prize. Warm yellow-gold luster greatly enhances the eye appeal, and the well struck central devices are smooth. Aside from a handful of wispy flaws on and near the portrait, the surfaces are minimally marked. An interesting and noteworthy representative that would act well as a cornerstone of a similarly graded commemorative gold set. PCGS has graded just nine finer examples (11/08).
See: Video Lot Description(Registry values: N10218) (NGC ID# 26HM, PCGS# 7451)
Service and Handling Description: Coins & Currency (view shipping information)