A Landmark Acquisition Showcasing Historical and
Investment Significance
LOS
ANGELES, June 20, 2024 /PRNewswire/ -- Lear
Capital, a leading precious metals investment company, is proud to
announce the acquisition of a rare and historic 1915-S $50 Panama-Pacific Octagonal gold coin. This
significant addition to Lear Capital's inventory underscores the
company's commitment to offering investors unique and valuable
opportunities in the precious metals sector.
The 1915-S $50 Panama-Pacific
Octagonal gold coin is a remarkable piece of American history,
minted to commemorate the Panama-Pacific International Exposition
held in San Francisco in 1915. The
exposition celebrated the opening of the Panama Canal, a monumental
achievement in engineering and a symbol of American ingenuity and
progress.
"Acquiring this rare 1915-S $50
Panama-Pacific Octagonal gold coin is a testament to our dedication
to providing our clients with access to the most exceptional and
valuable precious metal investments," said Kevin DeMeritt, founder of Lear Capital. "This
coin is not only a significant piece of American history, but also
a highly sought-after investment due to its rarity and historical
importance."
The Panama-Pacific
commemorative coins were produced by the U.S. Mint in limited
quantities, and the $50 gold pieces
were the largest and most valuable coins minted for the exposition.
The octagonal version, in particular, is highly prized by
collectors and investors alike. With only 645 pieces minted, the
1915-S $50 Panama-Pacific Octagonal
gold coin is one of the rarest and most coveted coins in numismatic
history. Lear will retail the coin for $130,000.
The Lear Panama-Pacific Octagonal coin carries a MS64 grade
and has a green Certified Acceptance Corporation sticker
signifying that it is a choice example for the grade.
These gold coins are known for their intricate design and
substantial weight, making them a standout addition to any
collection. However, their size and soft gold composition also make
them susceptible to wear and damage, with exceptional examples
being extremely rare. Most surviving coins are in Mint State
condition, typically graded at MS63, with gems being very scarce
and the finest examples graded at MS66.
The acquisition of this coin highlights Lear Capital's ongoing
efforts to provide investors with access to high-quality,
historically significant precious metals. The company continues to
leverage its extensive expertise and network to source and offer
the most unique and valuable investment opportunities in the
market.
About Lear Capital
Founded in 1997 by precious metal expert and analyst
Kevin DeMeritt, Lear
Capital offers investors the chance to diversify their
portfolios with unique approaches to purchasing precious metals,
including gold and silver individual retirement accounts. Employing
a team dedicated to providing investors with real-time information
and pricing on gold, silver, platinum, and palladium, Lear Capital
is uniquely positioned to offer investors the convenience of online
capabilities with the expertise and support of a brick-and-mortar
institution. To date, the team has handled more than
$3 billion in trusted
transactions.
Media Contact:
Matt Konigsmark
press@learcapital.com
(800) 576-9355
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SOURCE Lear Capital