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 Replies: 12 / Views: 1,940 |
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Pillar of the Community
United States
1499 Posts |
  Here is a round Panama - Pacific $50 gold for your grading consideration. This is the rarest of the "old" commemorative coins with a net mintage of 483 pieces. The round $50 gold piece did not seem to be as exotic as the octagonal coin, and the sales were lower. Once more the issue price was $100 which was above the budgets of the vast majority of Americans at the time who might have been interested in these coins. There was some disappointment at the time that both of the $50 gold pieces carried the same design. This piece might have been used to shown a scene from the canal, but designer Robert Aitken chose to show Minerva and the owl instead.
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Pillar of the Community
 United States
2843 Posts |
Once again Bill Jones strikes again.
You have the most beautiful coins, and I will not disrespect them by attempting to assign a grade.
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Pillar of the Community
United States
6370 Posts |
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Pillar of the Community
United States
1949 Posts |
Absolutely beautiful coin! I am a world coin guy, but that right there would be number one on my U.S. coin dream list... MS64?
Thanks for posting such amazing coins on here!
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Pillar of the Community
United States
4409 Posts |
MS-64 but that is a total guess on my part. Awesome chunk of gold Bill thanks for sharing
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Pillar of the Community
United States
8137 Posts |
Wait you have BOTH $50 gold Pieces?!
MS-64
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Pillar of the Community
United States
2189 Posts |
Holy cow! That's in a league all by it self.Not sure how to grade that jewel but congratulations as an owner
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Bedrock of the Community
United States
94367 Posts |
Egad. I'll say 64.  |
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Moderator
 United States
15394 Posts |
Wow billjones ... I logged in after work to compose a reply to your Octagonal $50 Pan-Pacific coin ... and stumble across the even rarer round version. You, sir, have some amazing coins indeed.  For the grading guess ... MS63. Just for conversation sake ... an argument could be made that the 'rarest' of the classic commemorative series is the Proof gold 1925 Norse Medal. I know ... the Norse medal is not a coin and thus not 'officially' recognized as a member of the series ... but most true fans of the classic commemorative series include the example in their sets ... With somewhere less then 50 known examples ... that gold Norse Medal is a tough acquisition. Not taking anything away from this present coin ... absolutely spectacular.  Appreciate you sharing with us billjones. David Take a look at my other hobby ... http://www.jk-dk.art |
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Bedrock of the Community
United States
10982 Posts |
I'm thinking MS63 too but have never tried to grade one of these monsters.
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Pillar of the Community
United States
4989 Posts |
I'll say MS-64 - gut feel was 63 but I always seem to be a grade low on the Bill Jones coins. Wish I had been alive back then to attend the Pan Pacific Expo must have been spectacular.
And $50 was a small fortune back then imagine if your dad got you one of these coins at the Expo.
Edited by fenton
05/12/2016 7:34 pm
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Bedrock of the Community
United States
18644 Posts |
This one made my head burst! MS65 all day long 66 on a good day
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Pillar of the Community
 United States
1499 Posts |
NGC graded this Pan-Pac $50 round as an MS-64, and it has a green CAC sticker. This was the only time that I really insisted on finding a CAC sticker on the coin.
Many of these pieces have been puttied. If you not familiar with that, it is a coin doctor practice where an agent like "Bondo" is used to fill in scratches. The filled in spots are covered over with gold paint. In a year or so the Bondo rises to the surface with ugly results.
A number of these doctored coins have made it into PCGS and NGC holders. I've seen a few of them at the shows, and I didn't want to end up with one of those doctored coins.
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Replies: 12 / Views: 1,940 |
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Posted 05/12/2016 11:46 am
