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    Description

    1915-S Panama-Pacific Fifty Dollar, MS64+
    Popular Octagonal Format
    Only 645 Pieces Distributed

    1915-S $50 Panama-Pacific 50 Dollar Octagonal MS64+ PCGS. The major gold coins were designed by San Francisco native Robert Aitken, whose sculpture The Elements: Earth, Air, Fire, and Water was also on display at the Exposition. They represent the largest gold commemoratives produced during the "classic" period. The Philadelphia Mint shipped a 14-ton hydraulic press to the Panama-Pacific site for the purpose of striking the fifty dollar gold pieces, with the Octagonal format struck first amid much fanfare ceremony.

    Weight and size were not the coins' only substantial attributes -- so was their price. Fair-goers could purchase either a Round or Octagonal coin individually for $100 (including an example of each of the lower-denomination coins at no extra charge), a five-coin set in a leatherette box or copper frame including both the Round and Octagonal coins for $200, or a double set showing both the obverse and reverse of each coin for $400. Bowers (2008) estimates that no more than six double sets were sold. In fact, sales for the fifty dollar coins were low regardless of how they were packaged. In total only 645 Octagonal pieces of the 1,500-coin mintage were purchased, and the balance was later converted into bullion.

    This piece is a virtual match to the color and quality of the fifty dollar Round listed in the preceding lot, with plentiful eye appeal and vibrant mint luster over the borderline-Gem surfaces. The rims and corners are sharp and strong. Hints of olive imbue the rich-gold coloration with added depth.(Registry values: P7)

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

    Weight: 83.59 grams

    Metal: 90% Gold, 10% Copper


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

    Auction Info

    Auction Dates
    August, 2015
    12th-16th Wednesday-Sunday
    Bids + Registered Phone Bidders: 19
    Lot Tracking Activity: N/A
    Page Views: 1,424

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

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