Coin Specifications

Category: Liberty Head $10 (1838-1907)
Mint: New Orleans
Mintage: 800
Catalog: KM-102
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 16.7180g
AGW: 0.4837oz
Melt Value: $596.35 (10/24/2014)
Diameter: 27mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1883 O $10 MS obverse 1883 O $10 MS reverse


  
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Description & Analysis

The 1883-O eagle has the lowest mintage of any branch mint Liberty Head eagle, with only 800 pieces coined. Writing in 1980, David Akers believed this date was the second rarest New Orleans eagle, behind the 1859-O. Evaluating more recent data, Doug Winter states the 1883-O actually surpasses the 1859-O in terms of absolute rarity. In Gold Coins of the New Orleans Mint 1839-1909, Winter estimates a surviving population of only 35-45 examples in all grades. The great majority of these coins are in circulated grades, with Mint State specimens prohibitively rare. Winter remarks, 'Accurately graded EF45's are rare, while AU50 to AU55 coins are very rare.' Winter believes 14-18 examples survive in XF grades, with only six to nine finer pieces.

Auction appearances of this issue were few and far between until the 1940s. One early appearance was in the Beldan Roach Collection (Mehl, 2/1944), lot 416. Mehl's description reads, '1883 Practically uncirculated with a semi-proof surface. Field slightly rubbed, but I believe as perfect a specimen of this great rarity as exists. Only 800 specimens struck in all. Catalogs at $300.00. The rarest branch mint ten dollar gold piece of our entire issue. Seldom offered. Certainly worth its full listed price.' Clearly, Mehl understood the importance of this issue at an early date. Present day collectors should heed his wisdom and bid accordingly.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 9/12/2014

Click on a price to see historical prices, comparison charts and trends.

1883 O $10 MS
  GVGFVF4045505355586061626364656667686970
Base $ - - - 10000 26000 26000 53000 60000 87500 103000 - 170000 - - - - - - - - -
$ 35000 - - - - - - - - - - - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 20
Low Grade: 40
Average Grade: 53
High Grade: 61


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/9/2009 NGC AU 50   Heritage Auctions 2009 September Long Beach, CA Signature US Coin Auction #1129, 1129/Lot# 1667 $43,125.00
1/5/2011 NGC AU 55   Heritage Auctions 2011 January Tampa FUN Signature & Platinum Night US Coin Auction Session(3), 1151/Lot# 5209 $63,250.00
3/31/2011 NGC AU 53   Stack's Bowers The March 2011 Baltimore Auction, 83/Lot# 6741 $67,332.50
1/9/2013 NGC XF 45   Heritage Auctions 2013 January 9-13 US Coin FUN Signature Auction - Orlando Session(4), 1181/Lot# 5906 $30,550.00
3/24/2013 PCGS AU 50   GreatCollections GreatCollections Coin Auctions 03/24/2013, 67/Lot# 104344 $51,293.00
9/3/2014 NGC AU 58   Heritage Auctions 2014 September 3 - 5 & 9 - 10 World & Ancient Coins Signature Auction - Long Beach Session(7), 3035/Lot# 34900 $2,350.00
10/8/2014 NGC AU 50   Heritage Auctions 2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York Session(4), 1210/Lot# 5024 $47,000.00


NGC Registry

NGC Registry Score 1883 O $10 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base11117072335406445324935596565097198759711539175802711642299666671060611111
1156919162911422046665278614667387331891113552207583217750421797981060611110
00000046665278614667387331891113552207583217750421797981060611100
000000480056216327696874641022515566239373723858544929291060611100
1883 O $10 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1111111111111111111111
1111111111111111111110
0000001111111111111100
0000001111111111111100
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