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    Description

    1915-S Panama-Pacific Fifty Dollar Round
    Finely Textured Fields, MS63
    483 Coins Sold

    1915-S $50 Panama-Pacific 50 Dollar Round MS63 NGC. The July 1915 edition of The Numismatist featured an interesting account of the striking of the first fifty dollar gold coins for the Panama-Pacific International Exposition. Setting the scene, the article explained:

    "The coining of the first $50 gold piece ever authorized by the Government of the United States was made a notable occasion at the United States Mint at San Francisco. The Superintendent of the Mint, Hon. T. W. H. Shanahan, extended invitations to representatives of the Government, State and city, officers of the Exposition, together with notable representatives of various foreign governments and members of the American Numismatic Association, in all to the number of about eighty, to witness the production of not only the first $50 piece, but the first coin of octagonal shape to be produced by Government authority.

    "The room in which the fourteen-ton hydraulic press, specially shipped from Philadelphia, for striking the 3000 commemorative $50 pieces had been set, was specially draped for the occasion. ..."



    The Round coins were delivered to the Panama-Pacific International Exposition roughly one month later on July 12. Each issue had an authorized mintage of up to 1,500 coins, but a prohibitive $50 premium on the already high-denomination coinage limited sales considerably. Only 483 Round fifties were distributed and the rest melted, creating an instant rarity that remains highly sought-after today.

    This impressive Select Uncirculated representative showcases beautifully textured fields throughout the lustrous yellow-gold surfaces. Every design element is fully brought-up, and the only noteworthy ticks appear on the owl's legs, although fine hairlines occur on the obverse. The eye appeal and visual impact are significant.(Registry values: N7079) (NGC ID# BYHP, PCGS# 7451)

    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 Dates
    August, 2018
    14th-19th Tuesday-Sunday
    Bids + Registered Phone Bidders: 13
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