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    Description

    1915-S Octagonal Pan-Pac Fifty, Unc Details
    Attractive, Well-Preserved Surfaces

    1915-S $50 Panama-Pacific 50 Dollar Octagonal -- Improperly Cleaned -- NGC Details. Unc. Each Panama-Pacific fifty dollar gold piece contained more than 2.4 ounces of pure gold, and its large size required the increased capacity of a medal press to fully impress the strike. The Mint shipped it to the Exposition site specifically for striking the large pieces. An unintended consequence of the large size and high gold content was a negative effect on sales. Most Exposition attendees simply could not afford the price of $100 per coin -- even though a Panama-Pacific half dollar and quarter eagle were included in the price. Just 645 Octagonal pieces were sold, and even fewer of the companion Round fifties (only 483 pieces sold).

    No one could deny the beauty of the coin's design by Robert Aitken, except those who had trouble with the iconography and symbolic imagery. Those unfamiliar with the history of the Gold Rush puzzled over the octagonal format, which was an especially appropriate tribute to the Mint's earliest involvement with the assay of California gold and an important precursor to approval of a San Francisco Mint. Treasury Secretary William G. McAdoo eventually approved the design, and one of America's most beautiful coinage designs was born.

    This Octagonal fifty is net graded with Unc Details by NGC. To be sure, a loupe reveals faint hairlines throughout both sides, yet they are inconspicuous and interfere little with the substantial eye appeal of this sharply struck coin. Glossy and lustrous satinlike surfaces show virtually no marks, with nearly perfect rims and glittering sun-gold color. Here is a wonderful opportunity for an astute bidder to acquire an impressive and undeniably attractive example of Robert Aitken's triumphant design.(Registry values: P7) (NGC ID# BYHP, PCGS# 7452)

    Weight: 83.59 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

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    Auction Info

    Auction Dates
    August, 2018
    14th-19th Tuesday-Sunday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
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