The opening of the Panama Canal in 1914 represented both a technical and political milestone revolutionizing oceanic transport. In honor of this achievement, and to celebrate San Francisco s rebirth after the earthquake of 1906, the Panama-Pacific International Exposition was held in 1915 on 635 acres of San Francisco s Golden Gate Park. Exhibits by 44 states and 36 foreign countries showcased the cutting edge of arts and sciences, producing one of the largest expositions of its kind. Just over one month before the Exposition was to open, Congress signed into law the Act of January 16, 1915, enabling the production of silver half dollars and gold coins of assorted denominations in support of the event. These silver half dollars were the first commemorative half dollars to be struck at a branch mint, with 60,000 being produced over the course of the Exposition. Like many commemorative issues of the early 20th century, numismatist Farran Zerbe managed the distribution of these pieces, setting up his Money of the World exhibit at the event as promotion. Though declared a "very successful distribution" by Zerbe, just over half of the half dollars were returned for melting, leaving a net distribution of 27,134 pieces. While all of the commemorative coins issued for this event have gained popularity over time, the half dollar perfectly balances aesthetic beauty with relative affordability. The Panama-Pacific half dollar remains one of the key-dates of the classic commemorative series. Availability in Gem is somewhat modest, and some of these may be hindered by insufficient strike and luster. Superb Gems like the present offering are scarce.Delightful iridescence accents the silken surfaces of this gorgeous half dollar. Teal, crimson, and gold dominate, with dove-gray luster through in select areas. Columbia stands untouched on the obverse and the surrounding design elements are also impressively sharp. The eagle on the reverse is similarly well preserved, although the strike is slightly softer at center than is characteristic. This beautiful and appealing coin should be seen to be appreciated! ， Est. $4000-$7000
