By all accounts the Panama-Pacific International Exposition, held in
San Francisco from Feb. 20 to Dec. 4, 1915, was magnificent.
The fair celebrated the completion of the Panama Canal, but also
served as a very public display of the city’s recovery after a
devastating 1906 earthquake. Like the 1892 World’s Columbian
Exposition in Chicago, the buildings built for the San Francisco
exposition were constructed with temporary materials so most of the
buildings are long gone, but the fair lives on through classic
Here is one of three sold during Heritage’s 2017 FUN auctions that
we profile in this Market Analysis:
1915-S Panama-Pacific Expo Commemorative gold $2.50
quarter eagle, MS-67, CAC
Like the half dollar, the 1915-S Panama-Pacific Expo commemorative
gold $2.50 quarter eagle was a collaboration: Charles Barber designed
the obverse, depicting a hippocampus carrying Columbia, and George
Morgan showcased another sturdy eagle on the reverse.
It is an issue that “comes nice” with the majority of certified
examples falling in the MS-64 to MS-66 range. In MS-67 the population
thins substantially, and none is certified finer than MS-67+.
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This Numismatic Guaranty Corp. MS-67 example has a green CAC sticker
and is one of the finest known of a total mintage of 6,749 pieces. It
sold for $8,812.50 at Heritage’s 2017 Florida United Numismatists
convention auctions, perhaps a bit disappointing when one considers
that it brought $14,100 when it last sold, at a March 2013 Heritage sale.
Analyzing more Pan-Pac items sold at FUN:
Sold for nearly $200,000, this Pan-Pac gold
‘slug’ is a show-stopper:
The octagonal Panama-Pacific International Exposition gold $50
“slugs” are show-stoppers for collectors and noncollectors alike.
Multiple hues grace this 1915
Pac-Pan commemorative half dollar sold at FUN:
Examples often showcase beautiful rainbow toning that highlights
Charles Barber’s pretty obverse and George Morgan’s handsome reverse design.