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1915-S $50 Pan-Pac Octagonal PCGS MS63 $92,500
Superb luster and exceptionally clean surfaces. Some test cuts at the rim preclude a higher grade. Includes an original box of issue, which is neat. From PCGS CoinFacts: In 1915, San Francisco hosted the Panama-Pacific Exposition, a massive celebration of the opening of the Panama Canal. To record the event, the U.S. Mint produced a variety of commemorative coins, including a Half Dollar, a Gold Dollar, a Quarter Eagle, and two versions of a $50 gold piece (one round and one octagonal). Attendees at the Exposition could purchase the coins singly or in a variety of combinations. The most extreme combination was a double set (two of each coin) housed in a specially made copper and glass frame. Because of the high face value of the $50 coins, sales failed to meet expectations, resulting in hundreds of unsold coins. These were eventually melted down, resulting in a net mintage figure of only 645 pieces.
To view a larger image, click here.
Superb luster and exceptionally clean surfaces. Some test cuts at the rim preclude a higher grade. Includes an original box of issue, which is neat. From PCGS CoinFacts: In 1915, San Francisco hosted the Panama-Pacific Exposition, a massive celebration of the opening of the Panama Canal. To record the event, the U.S. Mint produced a variety of commemorative coins, including a Half Dollar, a Gold Dollar, a Quarter Eagle, and two versions of a $50 gold piece (one round and one octagonal). Attendees at the Exposition could purchase the coins singly or in a variety of combinations. The most extreme combination was a double set (two of each coin) housed in a specially made copper and glass frame. Because of the high face value of the $50 coins, sales failed to meet expectations, resulting in hundreds of unsold coins. These were eventually melted down, resulting in a net mintage figure of only 645 pieces.
To view a larger image, click here.
