Art News

Rare coins, new discoveries, historic medals and aviation awards to highlight Fall auction

LOS ANGELES, CA.- Bonhams announced the addition of a highly sought after five-piece Panama Pacific coin set to the September 4, 2011 auction of Rare Coins and Medals. Created to commemorate the opening of the Panama Canal and the workmen that created it, the coins graced the 1915 exposition in San Francisco in celebration of the monumental event. Paul Song, Director of the Rare Coins and Banknotes Department at Bonhams & Butterfields, said of the coin set: “The Panama Pacific coin set is one of the highest-priced coin sets of this type to come to market. Many of the sets made by this mint have been melted down since 1915. Bonhams is pleased to offer such a pristine set.” Coins featured in the set include a 1915-S 50C, 1915-S G$1, 1915-S $50 Round, 1915-S $50 Octagonal and a 1915-S $2.5. It was during this time that many new devices were being