Stack's Bowers - The September 2011 Philadelphia Americana Sale Lot #5760

  • PCGS
  • 63
  • CAC
  • N

1915-S Panama-Pacific Exposition $50. Octagonal. MS-63 (PCGS).

Popular 1915-S Pan-Pac Gold $50

Highly lustrous warm honey gold surfaces with rich mint frost in the protected areas. Basically mark-free and choice for the grade as such. Obverse head of Athena, goddess and protector of Athens, to left in plumed battle helmet within beaded circle, shield at shoulder adorned with the date MCMXV, IN GOD WE TRUST on two lines above her portrait, UNITED STATES OF AMERICA FIFTY DOLLARS around, a dolphin in each of the eight angles formed by the octagonal rims represents freedom of the seas and the new passage through the Panama Canal. Reverse with Athena's familiar, the wise old owl of antiquity and the symbol of ancient Athens, perched on a branch with pine cones, all within a beaded circle, tiny S mintmark near four o'clock, E PLURIBUS UNUM on three lines immediately behind the owl, PANAMA-PACIFIC EXPOSITION SAN FRANCISCO around, dolphins in the angles as on the obverse. From a mintage of 1,509 pieces, nine of those reserved for assay purposes, the balance offered at the Exposition. The novelty of the octagonal issue made for greater sales than that of the "mundane" round issue, the end result being a total number of 645 octagonal pieces sold, the balance later melted. Here is a grand opportunity to own this unusual format large gold commemorative, a coin that is a landmark in any collection, but be forewarned -- bidding here will be serious business and only one fortunate bidder goes home with the prize!

PCGS#: 7452