Heritage World Coin Auctions
Dallas Signature US Coin Sale 1253 4-6 Apr 2017
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Commemorative Gold
1915-S $50 Panama-Pacific 50 Dollar Round -- Tooled -- PCGS Genuine. AU Details The Pan-Pac fifties in round and octagonal variants represent a roadblock for most collectors wishing to complete a classic commemorative type set. The coins had small distributions of only 483 and 645 pieces, respectively, despite a mintage of 1,500 pieces for each format. The round fifties lacked the distinctive shape of the charismatic octagonal coins, and buyers resisted the original purchase price of $100 apiece at the Panama-Pacific International Exposition in 1915.
Today, the appeal of Robert Aitken's design transcends the Pan-Pac's key-date status in the series, and the round format is highly valued for its scarcity as well as its artistry. Both formats showcase a neoclassical design of the highest merit that is unseen on most other United States coinage -- as well as the heft and bulk that only Pan-Pac fifties and Gold Rush-period Assay Office slugs can offer.
The present coin, designated AU Details by PCGS, is among the few round Pan-Pac fifties that can be considered the "affordable" examples of the issue. Faint tool marks and hairlines in the fields accompany unnaturally bright luster, preventing a numeric grade, although the coin is still quite pleasing to the eye. A few tiny ticks on the obverse serve as pedigree markers. The coin retains its luminous, sun-gold color and the rims appear perfect, although the edges are engulfed in the holder. Without question, this is a lot of coin for the assigned grade and an opportunity for the astute bidder.
HID02901242017
1915-S $50 Panama-Pacific 50 Dollar Round -- Tooled -- PCGS Genuine. AU Details The Pan-Pac fifties in round and octagonal variants represent a roadblock for most collectors wishing to complete a classic commemorative type set. The coins had small distributions of only 483 and 645 pieces, respectively, despite a mintage of 1,500 pieces for each format. The round fifties lacked the distinctive shape of the charismatic octagonal coins, and buyers resisted the original purchase price of $100 apiece at the Panama-Pacific International Exposition in 1915.
Today, the appeal of Robert Aitken's design transcends the Pan-Pac's key-date status in the series, and the round format is highly valued for its scarcity as well as its artistry. Both formats showcase a neoclassical design of the highest merit that is unseen on most other United States coinage -- as well as the heft and bulk that only Pan-Pac fifties and Gold Rush-period Assay Office slugs can offer.
The present coin, designated AU Details by PCGS, is among the few round Pan-Pac fifties that can be considered the "affordable" examples of the issue. Faint tool marks and hairlines in the fields accompany unnaturally bright luster, preventing a numeric grade, although the coin is still quite pleasing to the eye. A few tiny ticks on the obverse serve as pedigree markers. The coin retains its luminous, sun-gold color and the rims appear perfect, although the edges are engulfed in the holder. Without question, this is a lot of coin for the assigned grade and an opportunity for the astute bidder.
HID02901242017