Lot 1328
1915-S Panama-Pacific Gold $50 Octagonal. NGC graded MS-65. A brilliant untoned satiny mint gem and a perfect match with the Round example. Only 645 minted. This shapely super-star of American numismatics has an obvious tie-in to California's gold rush private issues with the same 8-sided format of the Territorial "Slugs" of yesteryear. The Octagonal $50 Pan-Pacific coin was sold in slightly greater numbers than the round format of similar design (645 versus 483 pieces). The enormous two-and-one-half ounce octagonal piece differs by the addition of dolphins around the margin to fill in what might otherwise be empty areas inside the rims. The dolphins were a symbol of the Panama Canal opening ceremonies that took place the year prior to this coin's release. Even under close scrutiny, this Gem Mint State 65 piece appears to be worthy of its illustrious grade rating. Even with close detection does not one come across abrasions or obvious hairlines, with the portrait of Minerva (Minerva -- known also as Pallas Athena in Greek mythology -- was a Roman goddess) stately and serene in its beauty. Desirable this lustrous with vivid color. Pop 40; 6 in 66, 4 in 67. (PCGS # 7452) .
Estimated Value $90,000 - 100,000.
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| Realized $126,500 |
