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Lot 1141

1915-S Panama-Pacific $50
Octagonal. PCGS graded MS-64. Glowing luster and boldly struck. The
surfaces are nearly of gem quality, and this is about as nice as these large
coins are ever found. In fact, PCGS has graded only 150 this high, with 12
higher, all MS-65 above, and that's out of the original mintage of 645 coins.
Apparently the octagonal coins were more popular than the round format $50s,
and if a buyer could only afford one coin, then the octagonal was favored as
reflected in the higher mintage. On the octagonal coins, the devices were
smaller such as Minera's head and helmet, and the owl as well, but eight small
dolphins were added into the corners of the coin, which no doubt attracted a
number of buyers, as there were no dolphins on the round version. Always in
great demand and about as nice as a collector could hope to find for the grade.
Estimated Value $32,500-37,500.
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