BRUCE THOMAS COLLECTION OF SO-CALLED DOLLARS AND OTHER MEDALS
HK-224 PF 62 ULTRA CAMEO


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Coin Details

  

Set Details
Coin Description:
Grade: NGC MS 65
Owner: Bruce Thomas Collection
 
Set Category: Token & Medals
Set Name: BRUCE THOMAS COLLECTION OF SO-CALLED DOLLARS AND OTHER MEDALS
Slot Name: HK-224 PF 62 ULTRA CAMEO
Research: See NGC's Census Report for this Coin

Owner's Description

ONLY (7) 66'S FINER OF THIS TYPE (5/2017). VERY LOW SERIAL #957 OF 25,000 MADE. Provenance: From the Collections of The Strong, Rochester, New York; sold to benefit the museum’s collections fund; originally collected by John Charles Woodbury (1859-1937). Very low serial #957 on this medal. On Aug. 3, 1914 Panama Railroad Steamship Cristobal completed first ocean-to-ocean passage through Canal and carried 50,000 of these medals, consecutively numbered, representing entire issue. As early as 1517-1529, surveys had been made for canal across Isthmus of Panama but Spaniards continued to sail 8,000 miles around South America or to haul gold and cargos on stone highways across Isthmus. Beginning 1880, two French ventures failed at cost of $300,000,000. Following our purchase of French rights, rebellion and secession by Panama from Colombia in 1903 and our intervention and guarantee of Panama's independence, Canal Zone granted to U.S. in perpetuity; ratified 1904. Ten years and $340,000,000 later, Canal was opened formally Aug. 15, 1914. Panama Canal Treaty (Torrijos-Carter Treaty), signed Sept. 7, 1977, "relinquishes American control over the canal by the year 2000 and guarantees its neutrality." Canal fully transferred to the Republic of Panama on Dec. 31, 1999. Medal design suggested by Miss Elizabeth Rodman, cousin of Capt. Hugh Rodman, U.S.N., Supt. of Transportation, Canal Zone; struck by John F. Newman Co., New York. Disposition of issue, following passage through Canal, is not known.

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