Coin Specifications

Category: Gold Commemoratives (1903-1926)
Mint: San Francisco
Mintage: 6,749
Obverse Designer: Charles Keck
Reverse Designer: Charles Keck
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $206.54 (3/7/2021)
Diameter: 18mm
Edge: Reeded
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1915 S PANAMA-PACIFIC $2.5 MS obverse 1915 S PANAMA-PACIFIC $2.5 MS reverse
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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.

GRADE SUMMARY

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Price Guide

Last Updated: 10/20/2020

Click on a price to see historical prices, comparison charts and trends.

1915 S $2.5 PANAMA-PACIFIC MS
  GVGFVFXF505355586061626364656667686970
Base $ - - - - 1300 1500 1600 1850 2000 2200 2500 3000 3650 4400 5000 5700 10000 28000 - -
$ 1430 - 1700 1900 2050 - 2700 3450 4050 4750 5350 7000 18750 -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 1986
Low Grade: PrAg
Average Grade: 64
High Grade: 68

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 3/2/2021 1915 S $2.5 PANAMA-PACIFIC MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base2--12-2371752126941414414985371593--1986
------------------1---1
---------------29236---40
------------------1---1
Total2--12-2371752126941414435075601673--2028
 0%--0%0%-0%0%0%1%3%0%1%5%7%22%25%28%8%0%-- 

NGC Registry

NGC Registry Score 1915 S $2.5 PANAMA-PACIFIC MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1563160916561705175320092106208721062302244824952614314935454064436147936169224723994070626
15781625167217211838204121062093217123512464253527923281371841634505525211603282955016974157
000000210620932171235124642535279232813718416345055252116032829500
000000210621002237239924792574297134133891426246495710170383411700
Competitive Registry Sets
Registry Image Gallery
Grade: MS 67
Points: 11603
Owner: RDN
 
Grade: MS 67
Points: 6169
Owner: CaptBrian
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.