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Pan-Pac $50 coins highlight Heritage sale in Houston

An octagonal 1915-S Panama-Pacific $50 gold commemorative was bid to $92,000 at the Heritage Auctions sale conducted Dec. 6 in Houston at the Money Show of the Southwest.

It was graded MS-64 by the Professional Coin Grading Service.

A bid of $86,250 purchased a companion round gold $50.  It was graded MS-64 by Numismatic Guaranty Corp.

Both prices include a 15 percent buyer’s fee.

Overall, the sale realized more than $9.4 million.

“We expected gold to perform well at this auction,” said Greg Rohan, president of Heritage Auctions, “especially with the spot price of gold at $1,200.”

An 1867 gold $5 called Proof-66 Cameo by PCGS realized $74,750.

The same price was achieved by an 1879-O $20 graded PCGS AU-58 CAC.

Next up, $71,875 purchased a 1925-D Saint-Gaudens $20 graded MS-65 by PCGS.

“Like so many issues in the series, the 1925-D has seen recent importations, mostly from banks in France and Switzerland, that have lessened its rarity while adding to the number of high-grade examples,” said Rohan.

For more information, visit www.HA.com.

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