1915 Panama Pacific Gold $1.00 PCGS MS63, CAC.  This Mint State, gold Panama Pacific commemorative dollar has outstanding luster, a full strike, and excellent surfaces. It comes with a CAC sticker indicating that it is a premium quality piece and well within the grade range. Although it is often found on this issue, no friction is seen on the high point of either side.

The coin was designed by Charles Keck as part of a set of coins that commemorated the opening of the Panama Canal and the rebirth of San Francisco after the earthquake and fire of 1906. The obverse depicts a close-up portrait of a typical laborer who helped to build the canal in profile facing left. The reverse motif is two dolphins around the denomination. The dolphins signify the linking of the Atlantic and Pacific Oceans by the canal. Although 25,000 coins were authorized, 15,000 were distributed, the rest being melted at the Mint in San Francisco. The coins were issued in envelopes that are quite rare today. They were also issued as part of various combinations of coins in sets.

The original price of the gold dollar was $2.00 or six for $10.00. Since counterfeits of this issue are common, only certified coins should be considered. (All USRCI coins are certified by one of the major grading services.)