Melt Prices

US · gold

Panama-Pacific Octagonal $50 (1915) melt value

One coin holds 2.42800 oz of pure gold (AGW = actual gold weight). At today’s gold price of $4,406.80 per troy oz, melt is $10,699.71.

Often sells above melt — Classic and modern commemoratives are usually sold as collectibles, not as scrap. Melt is still useful as a floor.

Gold spot
$4,406.80 / troy oz

Spot as of Sep 6, 2026 10:05 PM · $1 move in gold changes this coin by $2.43

Silver
$66.01
Platinum
$1,804.00
Palladium
$1,382.00
Melt / coin$10,699.71
Gold spot$4,406.80
AGW2.42800 oz
Gross weight83.755 g
Fineness90.17%
Gross troy oz2.6928
Coins / oz0.41

Figure yours

Count the pieces. A roll of this type varies.

Pure oz 24.2800
Melt $106,997.10

If a buyer pays a percent of melt

$74,897.97 at 70% of melt

Starts at 70% — a common shop bid on generic metal. Not a quote. Drag or tap a percent to sanity-check an offer.

Open stack

What this coin is

The Panama-Pacific Octagonal $50 (1915) is a gold coin of the United States. This page is for the type × composition — every date and mint of this issue has the same metal if the weight and fineness match the spec below. Melt is that metal times today’s spot, not a collector or dealer bid.

What is written on the coin

Read the denomination, the date, and the country name on the coin. People often search the words actually stamped on the piece (for example DOS PESOS or VEINTE PESOS on Mexican gold). Those words are indexed on this site.

Metal content (the melt spec)

Mint specification: 83.7550 grams at 90.17% fine, which is 2.42800 troy oz of pure gold (AGW). Formula: grams × fineness ÷ 31.1034768. Date and mintmark do not change that number. Melt today is $10,699.71 per coin at $4,406.80 gold.

Mintage

Mintage varies by date. We do not publish a year-by-year mintage table here because melt is the same for this composition. A scarce date or a high grade can be worth more than melt; a common worn piece is often near melt.

A little history

This listing is a gold-library type used by coin shops. Confirm the name on the coin matches this page before you use the melt figure.

How to tell you have this type

Match denomination, metal color, and date range. If two compositions share a design (for example 90% vs clad), the date or the edge (solid silver vs copper stripe) decides which page to use.

Date and mintmark do not change the metal on this page. Collector value is a different market — see Sold Comps for sold prices.

Before you sell

Often sells above melt

A worn common commem can sit near melt. A nice original piece often brings a collector premium. Check solds before melting the number in your head.

Melt is the metal floor. For auction and eBay solds on the same type, see Sold Comps. We list 355 melt values; collector premiums are a different market.

Quick amounts

Using $4,406.80 gold.

You havePure ozMelt
1 coin 2.4280 $10,699.71
10 coins 24.2800 $106,997.10
20 coins 48.5600 $213,994.21

Gold chart

Where gold has been.

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Melt alert

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Questions people ask

How much pure gold is in a Panama-Pacific Octagonal $50 (1915)?

Mint spec is 83.755 grams at 90.17% fine, which is 2.42800 troy oz of pure gold (AGW). Date and mintmark do not change that.

What is a Panama-Pacific Octagonal $50 (1915) worth in melt today?

At gold spot of $4,406.80 per troy oz, one coin’s melt is $10,699.71. Multiply by how many you have. A rare date or a nice grade can sell for more than melt.

How many Panama-Pacific Octagonal $50 (1915)s equal one ounce of gold?

About 0.41 coins equal 1.00 troy oz of pure gold at mint weight.

Does mintmark change the melt value?

No. A Philadelphia, Denver, or San Francisco coin of this type has the same metal. Melt is type × composition, not date or mintmark.

Is melt what I should sell this Panama-Pacific Octagonal $50 (1915) for?

Classic and modern commemoratives are usually sold as collectibles, not as scrap. Melt is still useful as a floor. A worn common commem can sit near melt. A nice original piece often brings a collector premium. Check solds before melting the number in your head.

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