1915-S Panama-Pacific Exposition Quarter Eagle. MS-67 (NGC). CAC.

Challenging Panama-Pacific Exposition $2.50 From an Original Set Sold by Farran Zerbe in 1915 Later Handled by B. Max Mehl 1915-S Panama-Pacific Exposition Quarter Eagle. MS-67 (NGC). CAC. A premium survivor from this coveted issue, displaying warm golden-apricot coloration and uniform softly frosted luster. Boldly struck and temptingly close to perfection. From an authorized mintage of 10,000 quarter eagles of this commemorative design type, plus an additional 17 coins for assay purposes. Sales to the public both at the Exposition and through other venues proved somewhat disappointing, however, and in due course 3,251 examples were returned to the Mint and melted, leaving a net distribution of just 6,749 pieces for this denomination. Most examples remain in Mint State, but very few are left in Superb Gem. The present example is one of the most exceptional specimens extant and would be difficult to improve upon. This quarter eagle is from an original five-piece set of Panama-Pacific Exposition commemorative silver and gold coins sold by Farran Zerbe on July 29, 1915. The buyer at that time was a Robert O. Fleming(?) of Oswego, Kansas, who ordered the coins from Zerbe on June 24, 1915, and acquired them in an original case. This set's next documented sale was on June 8, 1940, when it was sold by renowned Fort Worth, Texas coin dealer B. Max Mehl to a Mr. W.C. Mullendore of Los Angeles, California. By that time the original box had apparently been lost and was replaced by an original Shreve & Co. copper frame. While we have seen copies of the two sales receipts confirming these early sales for this set, neither is included with this lot. The original box and frame are also not included. The remaining four coins in this original set are also being offered in this sale, each individually. Provenance: Property from an Alabama Family. Ealier ex Farran Zerbe, July 29, 1915; Robert O. Fleming(?), Oswego, Kansas; B. Mex Mehl, June 8, 1940; Mr. W.C. Mullendore, Los Angeles, California. CAC Stickered Population: 46; 0. PCGS# 7450. NGC ID: BYLP. Click here for certification details from NGC.

Estimate:$1

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