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IN WITH THE OLD (Part 1)

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CaptBrian

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Adoption Central was open over the weekend, and all came in.

I have now completed and added into my registry the 2nd Panama Pacific coin, the 1915 S MS67, and the third set of Quarter Eagle Indians. The PanPac is the highest grade but the population is somewhat high at 149, but seems to fit very nicely in the collection.

Teddy Roosevelt got the Panama Canal dug, finished in August of 1914. I think the Panama Canal ranks with the greatest achievments of mankind. The formidable obstacles in creating this wonder of the modern world were most worthy of noting. The French attempt, to say the least, crashed and burned.(wasting almost $300 Million) The opening of the canal was to be commemorated by the mint making and selling these Panama Pacific coins at the San Francisco Worlds fair. The coins were offered in four ways; Half dollar, Gold Dollar. Quarter Eagle (of which two reside in my collection) and a fifty dollar coin. With just a tad over 10,000 coins minted,but only 6766 coins were sold. My PanPac is not the rarest, but the grade of MS67 is the highest, so it makes a nice addition to the collection here.

The Reverse design was from George Morgan and Charles E. Barber did the obverse.

One of the reasons this coin is always in demand is the attractie design. The Marina and colonade at the Exploratorium still is there for you to visit. The coin is known as the PanPac. The coin displays Columbia, holding a caduceus in her left hand to commemorate the Army Medical Corps victory of the deadly malaria outbreak that took place during the time of the Panama Canal being built. Its reverse depicts an eagle striding atop a column. This coin is one of only two Quarter Eagle coins issued in the classic commemorative series and by far the more scarce and elusive. Even moreso in MS-64 or higher. The other $2.50 Quarter Eagle is the far more easily accessible 1926 Sesquicentennial.

I think my coin got such a high grade due to the high luster remaining and very high eye appeal. These are also getting quite hard to find one for sale although we know there are some around, no one wants to sell.

Next journal will be about my three sets of Quarter Eagle Indians just completed.

See you at the F.U.N. Show in Orlando, Florida in January

Captain Brian

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