1915-S $50 Panama-Pacific, Octagonal MS(PCGS#7452)

1915-S $50 Panama-Pacific, Octagonal MS (PCGS#7452)

The November 2012 Baltimore Auction

Auctioneer
Stack's Bowers
Lot Number
3204
Grade
MS61
Price
58,750
Lot Description
Frosty Mint State 1915-S Pan-Pac $50 Gold in Octagonal Format 1915-S Panama-Pacific Exposition $50. Octagonal. MS-61 (PCGS). Bright and lustrous throughout with the usual faint die polish lines on both sides best seen in the open fields. The strike is sharp and the corners are intact and not dented as is often seen on the large gold coins. Rich coppery-gold color throughout. Examination of the surfaces finds a thin scratch down Minerva's cheek into the field below and shallow wipe lines in areas, perhaps this is the reason for the modest grade assigned by PCGS. The eye appeal and luster is intact otherwise. Mintage of a mere 645 pieces for the year, as these were generally too expensive for most collectors at the time they were struck, so many languished and were later melted. Today these are highly sought out and remain on of the most popular and recognized issues of the Commemorative series. Provenance: From the Ernest E. Keusch Collection. PCGS# 7452. Provenance: From the Ernest E. Keusch Collection.
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