Coin Specifications

Category: Gold Commemoratives (1903-1926)
Mint: San Francisco
Mintage: 6,749
Catalog: KM-137
Obverse Designer: Charles E. Barber
Reverse Designer: George T. Morgan
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $141.39 (10/14/2015)
Diameter: 18mm
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1915 S PANAMA-PACIFIC $2.5 MS obverse 1915 S PANAMA-PACIFIC $2.5 MS reverse

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There are no NGC varieties for this coin.

Description & Analysis

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, $2.5 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 value—2 ½ 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 we melted, leaving a net mintage of just 6,749 coins.


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Price Guide

Last Updated: 6/8/2015

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The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Total Graded: 1991
Low Grade: PrAg
Average Grade: 64
High Grade: 67

Upcoming Auctions

A random selection of NGC coins is shown below.

Auction House
Sale / Lot
11/1/2015 MS 66   Heritage Auctions 2015 October 29 - November 1 US Coins Signature Auction - New York Session(1), 1225/Lot# 3683
11/1/2015 MS 66   Heritage Auctions 2015 October 29 - November 1 US Coins Signature Auction - New York Session(1), 1225/Lot# 3682
11/1/2015 MS 65   Heritage Auctions 2015 October 29 - November 1 US Coins Signature Auction - New York Session(1), 1225/Lot# 3680
11/1/2015 MS 65   Heritage Auctions 2015 October 29 - November 1 US Coins Signature Auction - New York Session(1), 1225/Lot# 3677
11/1/2015 MS 64   Heritage Auctions 2015 October 29 - November 1 US Coins Signature Auction - New York Session(1), 1225/Lot# 3675

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
2/24/2003 PCGS MS 66   Goldberg February 24-25, 2003 Coin Auction, 17/Lot# 2208 $6,612.50
6/27/2005 NGC MS 61   David Lawrence Rare Coins Auction 43: The Cook Family Collection, 47/Lot# 1610 $2,358.65
10/12/2008 NGC MS 63   Teletrade Auction 2597, 2597/Lot# 3532 $3,565.00
5/30/2010 PCGS MS 66   Bonhams Coins, Medals, and Banknotes, 18301/Lot# 2140 $6,727.00
11/29/2012 NGC MS 64   Heritage Auctions 2012 November 29 - December 2 US Coin Signature Auction - Houston Session(2), 1177/Lot# 4605 $4,700.00
4/24/2013 NGC MS 66   Heritage Auctions 2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago Session(3), 1184/Lot# 3025 $8,812.50
8/8/2013 PCGS MS 65   Heritage Auctions 2013 August 8 - 10 US Coins Signature Auction - Rosemont Session(3), 1188/Lot# 4772 $5,875.00
1/26/2014 NGC MS 66   GreatCollections GreatCollections Coin Auctions 01/26/2014, 165/Lot# 162947 $5,980.00
3/27/2015 PCGS MS 92   Stack's Bowers March 2015 Baltimore, 6065/Lot# 7056 $1,175.00

NGC Registry

NGC Registry Score 1915 S PANAMA-PACIFIC $2.5 MS
Competitive Registry Sets
Gold Commemoratives 1903-1926 85
Registry Image Gallery
Grade: MS 67
Points: 11603
Owner: RDN
Grade: MS 65
Points: 4361
Owner: Dr. B K
View the Registry Image Gallery

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