1915-S $50 Panama-Pacific, Round MS(PCGS#7451)

Spring 2019 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1205

等级

MS65

价格

1,126,115

详细说明

Classic Round Format Panama-Pacific $50 Gold Coveted Gem Uncirculated Grade from PCGS 1915-S Panama-Pacific Exposition $50. Round. MS-65 (PCGS). A formidable condition rarity for this scarce and eagerly sought classic commemorative type. The surfaces are simply a delight to behold, both sides bathed in a blend of softly frosted luster and vivid golden-orange patina. The texture is uncommonly smooth, even Athena's cheek and the adjacent field area free of the often-seen light rub and unsightly hairlines that plague most survivors. Bright, fresh and beautiful, this solidly grade Gem would serve as a highlight in the finest numismatic cabinet. The obverse of this impressive type depicts Liberty as Athena with her helmet pitched up upon her head in the expected fashion of the Greeks, surrounded by the legend UNITED STATES OF AMERICA above and the denomination FIFTY DOLLARS below. The motto IN GOD WE TRUST is located in the upper left field. For the reverse the designer, Robert Aitken, features a large owl facing nearly forward, perched on a thick pine branch, with large pine cones below and in the background. The motto E PLURIBUS UNUM is tucked into the field behind the owl. Matching the obverse is a round band at the perimeter which notes the name and place of the Exposition. The octagonal pieces, but not their round counterparts, include an extra border with dolphins that symbolize the continuous waterway created by the opening of the Panama Canal. The round version of the Panama-Pacific Exposition $50s did not sell as well as the octagonal style at the time of issue in 1915, hence a greater percentage of the mintage was returned to the Mint for melting. In fact, of the 1,500 round examples struck, only 483 were distributed to contemporary collectors, which paltry total confirms this type as the rarest collectible U.S. Mint commemorative coin. Gems such as this are in the distinct minority among survivors, many of which are impaired due to mishandling, and few of which grade finer than MS-64. A simply incredible example of this prized issue, featured in the popular reference 100 Greatest U.S. Coinsby Jeff Garrett and Ron Guth. PCGS Population: 25; 9 finer (MS-66 finest). PCGS# 7451. NGC ID: BYLU. Click here for certification details from PCGS.