About 1915-S $50 Pan-Pac Round Gold Commemoratives
There are perhaps no two more famous United States commemorative coins than the 1915-S Panama-Pacific Round $50 and its same-year octagonal counterpart. Struck to commemorate the 1915 Panama-Pacific Exposition held in San Francisco, the Pan-Pac Round $50 was designed by Robert Aitken, with the obverse bearing a helmeted head of Minerva, while the reverse carries an owl that symbolizes wisdom. It was then the highest-denomination coin the United States Mint had struck and, alongside the octagonal $50, was made with three other gold and silver Pan-Pac commemorative coins.
The Pan-Pac Round $50 is very rare, with only 483 distributed. About 75% still exist, and most of them are known in uncirculated condition. On the occasion that they come to the marketplace, usually by way of public sale, they are encountered in grades of MS60-65. A very rare few are known in the MS66 grade range. Pieces grading about MS64 and up are reliably six-figure coins, while all others command robust five-figure prices.
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CPG® prices represent retail levels. Collectors should refer to CPG values as a starting place for their negotiations, or auction bid reference.
Greysheet/Greensheet prices are wholesale market levels for collectible coins/paper money intended to indicate what a dealer, or wholesale, buyer would pay for the described item in the specified grade. Greysheet/Greensheet represent "sight-seen" values based on a buyer's in-hand review. The actual value can be more or less than this depending on factors including eye appeal and market timing.
Bluesheet (NGC & PCGS) prices represent the highest sight-unseen offers to buy on dealer networks like CDN Exchange. In many cases, there are no active sight-unseen buy offers, so CDN looks to the recent lowest market values for such an item. For this reason, Bluesheet values typically represent the floor of the market for the specified item. CDN only tracks Bluesheet on certain items.
CAC prices are for U.S. coins that meet the standards of the Certified Acceptance Corporation. You can learn more about CAC on their web site.
Price movement is indicated for price changes in the last 30 days.
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