Market Analysis: Hubs trial strikes for Pan-Pac $50
- Published: Jun 8, 2021, 10 AM
Certainly one of the largest pieces in the collection of Texas businessman Bob R. Simpson in Heritage’s April 23 auction in Dallas was his 1915 octagonal Panama-Pacific International Exposition obverse and reverse hubs trial, struck on a large, round copper planchet.
Listed as Judd A1915-3 in the pattern reference, presumably unique, and graded Specimen 65 by Professional Coin Grading Service with a green Certified Acceptance Corp. sticker, the impressive piece mirroring the design used on the gold $50 commemorative issues sold for $168,000.
The cataloger explains, “The impression was taken from the hubs used to impress the die and not the die itself,” so, like a die, “this piece shows the mirror image of the devices that actually appear on the coins.”
It was purchased by commemorative coin expert and former American Numismatic Association president Anthony Swiatek from Sol Kaplan at a 1971 Ohio coin show and remained off the market until Heritage sold it at its 2015 Florida United Numismatists auction where it realized $99,875. The next year it would be offered at Bonhams where it went unsold at an estimate of $160,000 to $180,000.
Connect with Coin World:
Sign up for our free eNewsletter
Access our Dealer Directory
Like us on Facebook
Follow us on Twitter
MORE RELATED ARTICLES
US Coins Mar 28, 2023, 1 PM
Market Analysis: Round 1915-S Panama-Pacific $50 rare but bent
Paper Money Mar 27, 2023, 1 PM
Kagin's offers colonial notes from Ford Collection
US Coins Mar 27, 2023, 11 AM
Monday Morning Brief for March 27, 2023: ANA conventions
Paper Money Mar 26, 2023, 1 PM
Bank of England note from Leeds in Noonans auction