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Description

1915-S Panama-Pacific Octagonal Fifty Dollar, MS63
A Pleasing Coin for the Grade

1915-S $50 Panama-Pacific 50 Dollar Octagonal MS63 PCGS Secure. The Panama-Pacific International Exposition, held in San Francisco in 1915, was a dual celebration, both of the quadrennial (more or less) of Balboa's discovery of the Pacific Ocean in 1513 and the Panama Canal completion. The event was "arguably the most beloved world's fair that this country has ever seen," according to an online site dedicated to the event.
The Panama-Pacific commemorative coins are among the many hundreds of collectibles that can be obtained today as mementos of the exposition, but for numismatists, the octagonal and round fifty dollar gold pieces are by far the most significant.
Furthering their incredible appeal, the octagonal Panama-Pacific coins hearken back to the first fifty dollar gold coins produced in California, the Augustus Humbert/U.S. Assay Office pieces produced during the early Gold Rush era of 1851-52. A second bonus is the presence of swimming dolphins in the eight corners of both obverse and reverse, representing the joining of the two great oceans via the Panama Canal. Common icons to represent the oceans, the dolphins--two, not eight--also appear in a similar context on the reverse of the Pan-Pac one dollar gold coins.
The acquisition of a high-grade Pan-Pac fifty dollar gold coin is an important milestone for advanced numismatists, and its lavish beauty can be the source of much delight afterward. This example has bright luster and rich orange-gold color. Close examination shows a few light marks on the face of Minerva and faint hairlines in the upper right reverse field next to the owl.
From The Bob Simpson Collection.(Registry values: P7)

Coin Index Numbers: (NGC ID# BYLX, PCGS# 7452, GSID# 10216)

Metal: 90% Gold, 10% Copper
Weight: 83.59 grams
AGW: 2.41875oz
Mintage: 645


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Auction Info

Auction Dates
August, 2010
11th-15th Wednesday-Sunday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 1,424

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Aug 11, 2010 for: $74,750.00
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