1915-S 50C Panama-Pacific MS (PCGS# 9357)

The JFS Collection

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    4306
  • Grade:
    MS68
  • Price:
    $51,750.00
Lot Description
1915-S 50C Panama-Pacific MS68 PCGS. The Panama-Pacific Exposition was held in San Francisco in 1915 to help celebrate the opening of the Panama Canal. Part of the festivities included striking single commemorative coins as well as sets (Half Dollar, One Dollar Gold, Quarter Eagle, and two $50 slugs, one round and the other octagonal). This was accomplished after a 14 ton coining press was disassembled, then moved from Philadelphia, presumably by ship, to the fairgrounds in San Francisco. After striking 60,000 Half Dollars, all in June, 1915, they were offered for a small premium, $1.00 each. Unfortunately, only 27,134 pieces were sold, the remainder was returned to the mint for melting. We have not offered an MS68 representative of this Commemorative Half Dollar condition rarity since 2002, and with good reason. This is only the second example to receive this grade from PCGS (6/04). Rainbow colored crescents adorn the peripheries of this otherwise champagne-gray representative. The strike is extraordinarily sharp, and the luster is full with a warmly frosted sheen. A trio of tiny abrasions on the obverse before Columbia's mouth are mentioned solely for pedigree purposes. Ex: New York Signature Sale (Heritage, 7/02), lot 5093, which realized $37,950. From the JFS Collection, the #1 All-Time PCGS Registry Set.
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