1912 Panama Gold One Token. Plowman PT-520.14, DeLorey-103. Gold. 15 mm. MS-63 (PCGS).,<strong>Obv:</strong> Female bust (Persephone) facing right within a laurel wreath. <strong>Rev:</strong> Inscribed PANAMA GOLD above a laurel wreath enclosing ONE / TOKEN / 1912. A very rare issue attributed to Thomas Elder. Mike Locke reports the mintage as just 25 pieces.From the Richard Stuart Collection. Earlier ex Richard Stuart Collection.