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Regency Auction 29

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THE REGENCY AUCTION <strong>29</strong><br />

LOT 470<br />

$50 1915-S PANAMA-PACIFIC. OCTAGONAL. PCGS<br />

MS62<br />

Regardless of grade, the Pan-Pac $50 gold pieces are<br />

impressive--one of the most impressive of all U.S. coin<br />

designs. The design, with allegorical representations of<br />

wisdom, strength, power are presented with Minerva on<br />

the obverse and her owl on a pine branch on the reverse.<br />

In the corners are swimming dolphins representing the<br />

connecting of the Atlantic and Pacific via the newly opened<br />

canal in Panama. Only 645 of these octagonal “slugs”<br />

were sold at the Pan-Pac expo, and after. With such a low<br />

mintage and unique design, this is one of the “blue chips”<br />

of American numismatics.<br />

For such a modest grade Mint State coin, this coin has a<br />

great deal of eye appeal. A heavy coin like this (contains<br />

nearly 2.5 ounces of gold), is bound to obtain some minor<br />

marks and ticks, and there are a few microscopic ones<br />

that can only be seen with a glass. The eye appeal is very<br />

choice for the grade!<br />

PCGS 105, NGC 63. The last example realized $75,000<br />

in July 2018 and prior to that, in the 2018 FUN auction,<br />

two NGC coins sold for $75,000 and $87,000. The current<br />

PCGS value is listed at $80,000. This impressive coin will<br />

delight any commemorative collector or someone building<br />

a collection of great gold type coins. Good luck!<br />

PCGS# 7452 | ESTIMATE: $62,500+<br />

217

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