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UNITED STATES: AV 2 1/2 dollars, 1915-S, PCGS MS66

Currency:USD Category:Coins & Paper Money / US Coins Start Price:3,500.00 USD Estimated At:5,000.00 - 6,000.00 USD
UNITED STATES: AV 2 1/2 dollars, 1915-S, PCGS MS66
SOLD
4,500.00USD+ (900.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 Sep 15 @ 17:45UTC-7 : PDT/MST
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UNITED STATES: AV 2 1/2 dollars, 1915-S, KM-137, Panama-Pacific Commemorative, a fantastic lustrous example! PCGS graded MS66, S. The Panama Canal, which remains one of the engineering marvels of the modern age, was completed in August of 1914. To celebrate this achievement, Congress authorized the Panama-Pacific International Exposition of 1915. This Expo, held in San Francisco, was also a celebration of the city’s recovery from the devastating earthquake of 1906. In addition to the expo, Congress authorized a series of commemorative coins honoring the exposition. These were to include a half dollar, gold dollar, $2.50 gold piece, and two different $50 gold pieces; one round, and one octagonal. The bill authorizing these issues was signed into law on January 16, 1915. Mint sculptors Charles E. Barber and George T. Morgan were tasked with designing the coin’s obverse and reverse, respectively. Barber’s design for the obverse depicts an allegorical figure—the goddess Columbia—astride a hippocampus, a Greek mythological sea horse with the head and forequarters of a horse and the tail of a fish. In her hand is a caduceus, the symbol of the medical profession, signifying the strides against yellow fever that had helped make the canal’s construction possible. The date is below this portrait; above it, along the rim, is the inscription PANAMA-PACIFIC EXPOSITION. The reverse depicts a left-facing American eagle perched atop a plaque on which is inscribed the motto E PLURIBUS UNUM. Below this is the statement of value21/2 DOL.and above it, along the rim, is UNITED STATES OF AMERICA. The quarter eagles were struck (as were all the Panama-Pacific Exposition coins) at the San Francisco Mint. Although the maximum mintage of 10,000 coins was produced, 3,251 coins remained unsold and were melted, leaving a net mintage of just 6,749 coins.