Coin Specifications

Category: Seated Liberty Dimes (1837-1891)
Mint: New Orleans
Mintage: 406,034
Catalog: KM-61
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 2.67 Grams
ASW: 0.0773oz
Melt Value: $1.13 (8/4/2015)
Diameter: 17.9mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1838 O 10C MS obverse 1838 O 10C MS reverse


  
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Description & Analysis

The Philadelphia Mint shipped two pairs of dime dies to the New Orleans Mint on April 9, but these did not arrive in the Crescent City until May 3. The first dimes were struck four days later, but these 30 pieces were earmarked for presentation purposes. The real coinage began in June, with a subsequent press run in July. A few thousand more were coined early the following year from the second pair of dies.

Why the obverse dies lacked stars is unclear, as all of those coined at the Philadelphia Mint in 1838 had these added by hand to each working die. This issue is thus popular with both type and date/mint collectors.

One of the two reverse dies features a repunched mintmark, but the overall rarity of this issue precludes any significant pursuit of varieties.

Most of the presentation pieces seem to have been lost, and precious few of the currency issue were preserved in Mint State. Such survivors are very rare, with nearly all known 1838 O dimes being quite worn. High grade examples may show erosion of the denticulated borders from overuse of the dies.

GRADE SUMMARY

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Price Guide

Last Updated: 7/15/2015

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1838 O 10C MS
  GVGFVFXF5053555861626364656667686970
Base $ 55.00 87.00 190 450 750 1150 1375 1900 2550 3850 5600 8500 13000 22500 37500 - - - -
$ 825 - 1500 2150 2800 - - - - 33000 - - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 162
Low Grade: PrAg
Average Grade: 50
High Grade: 66


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/28/1998 PCGS MS 64   Teletrade Auction 1109, 1109/Lot# 1037 $6,996.00
2/27/2003 NGC XF 40   Heritage Auctions 2003 February Long Beach Signature Sale #314, 314/Lot# 6242 $488.75
9/10/2006 PCGS AU 58   Goldberg September 10-13, 2006 Pre-Long Beach Coin and Currency Auction, 37/Lot# 1477 $1,897.50
5/17/2007 NGC AU 55   David Lawrence Rare Coins Thursday Rocket Sale #4, 149/Lot# 5069 $1,725.00
11/3/2010 NGC AU 55   Stack's Bowers The November 2010 Baltimore Auction, 44/Lot# 1509 $1,150.00
4/27/2011 NGC VF 25   Heritage Auctions 2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction Session(6), 1154/Lot# 10079 $460.00
9/28/2014 NGC MS 62   GreatCollections GreatCollections Coin Auctions 09/28/2014, 194/Lot# 215145 $1.00
1/7/2015 PCGS VF 35   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(8), 1216/Lot# 9762 $646.25


NGC Registry

NGC Registry Score 1838 O 10C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base2092203275971013146615311821200923682754312633453984459157026951770481188547926811795
2132564177361164148816281884212924972878319935584186496161187202784282618787101100
0000001628188421292497287831993558418649616118720278428261878700
0000001724194622482625300232723771438953326535745379808404902800
Registry Image Gallery
Grade: G 6
Points: 3
Owner: Durham Collection
 
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