1915 S | $50 Pan Pacific | Round | AU-58

Introducing a piece of history straight from the heart of the California Gold Rush era, our collection boasts a fascinating range of coins that encapsulate the spirit of a bygone era. During the late 1840s and early 1850s, the need for real money to facilitate commerce in the wake of the Gold Rush led to the production of large $50 coins, containing a staggering 2.5 ounces of pure gold. Issued in both round and octagonal shapes, these coins, often referred to as "slugs," were emblematic of the extraordinary wealth and ambition of the time.

Crafted by private assayers like Moffat and Co., and watchmaker Augustus Humbert, these slugs were more than just currency—they were symbols of power and opportunity. Yet, their size and density also made them tools of mischief, with tales of them being used as weapons by nefarious characters during the tumultuous days of the Gold Rush. Today, surviving examples of these iconic coins are a testament to the resilience of the era, with mint condition specimens fetching upwards of $100,000.

Fast forward 70 years to the Panama-Pacific Exposition of 1915, where the US Mint paid homage to these Gold Rush treasures by producing a revised version of the round and octagonal $50 coins. Struck in limited quantities, these commemorative coins were initially met with tepid demand, making them exceedingly rare today. Each coin tells a story of innovation, ambition, and artistic prowess, with designs inspired by ancient mythology and the natural beauty of California.

One such specimen, available for a limited time, captures the essence of the era with its exquisite design and pristine condition. With soft, satiny mint luster and reddish-gold surfaces adorned with hints of lilac, this coin is a testament to the finest craftsmanship of the time. Whether you're a seasoned collector or a history enthusiast, owning a piece of the California Gold Rush legacy is an investment in a piece of American history.

This exceptional specimen, steeped in history and artistry, is available for purchase exclusively at Austin Rare Coins & Bullion. The coin pictured is the one you will get.