1915-S
PANAMA PACIFIC
$50 GOLD COMMEMORATIVES
Notes:
In
1915, San Francisco hosted the Panama-Pacific Exposition to celebrate
the opening of the Panama Canal. To commemorate the event, the
United States mint struck a variety of coins in silver and gold,
including a Half
Dollar, Gold
Dollar, $2-1/2 Gold, $50 Gold Octagonal,
and $50 Gold Round. The coins were sold at the Exposition
individually or in a variety of combinations and/or sets. Apart
from Patterns and semi-official Territorial gold coins, the United
States had never issued a $50 gold piece. Not sure of how many
they could sell, Mint officials struck 1,509 Octagonal and 1,510 Round
versions. Because of the high cost of the coins and the sets, very
few coins actually sold. Of the 1,510 $50 Rounds, 10 were set
aside for assay purposes, 483 were sold to the public, and the remaining
1,017 coins were destroyed. The Panama-Pacific $50 Round ranks as
one of the great numismatic rarities of the Twentieth Century.
|
Images courtesy of Northeast
Numismatics, Inc.
Varieties (2):
Octagonal - net
mintage of 645 coins
Round - net mintage of 483 coins
Significant examples:
(See individual varieties)
Recent appearances:
(See individual varieties)
Sources and/or recommended
reading:
|