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: 2.67g
ASW: 0.0773oz
Melt Value: $1.46 (8/29/2016)
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.


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Price Guide

Last Updated: 9/3/2015

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

1838 O 10C MS
Base $ 55.00 87.00 190 450 750 1150 1375 1900 2550 3300 3850 5600 8500 11750 22500 37500 - - - -
$ 825 - 1500 2150 2800 - - - - - 33000 - - -

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Total Graded: 172
Low Grade: PrAg
Average Grade: 50
High Grade: 66

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
9/21/1996 NGC MS 61   Heritage Auctions 1996 September Long Beach Sale #162, 162/Lot# 6137 $2,090.00
1/24/2005 NGC XF 40   David Lawrence Rare Coins Internet-Only Auction #25, 29/Lot# 159 $655.50
9/4/2011 NGC AU 50   Goldberg September 4-6, 2011 The Pre-Long Beach Auction, 65/Lot# 955 $230.00
1/29/2012 NGC VF 20   Teletrade Auction 3215, 3215/Lot# 1493 $120.00
6/3/2014 PCGS XF 45   Stack's Bowers June 2014 Baltimore, 6021/Lot# 3771 $705.00
9/28/2014 NGC MS 62   GreatCollections GreatCollections Coin Auctions 09/28/2014, 194/Lot# 215145 $1.00
1/6/2016 NGC MS 64   Heritage Auctions 2016 January 6 - 11 FUN US Coins Signature Auction - Tampa Session(2), 1231/Lot# 3726 $5,875.00
6/19/2016 NGC F 15   Heritage Auctions Internet Coin Auction Session(2), 131626/Lot# 27349 $258.50
7/7/2016 PCGS XF 40   Heritage Auctions 2016 July 7 - 10 Summer FUN US Coins Signature Auction - Orlando Summer FUN Session(5), 1237/Lot# 7280 $705.00

NGC Registry

NGC Registry Score 1838 O 10C MS
Registry Image Gallery
Grade: MS 62
Points: 3686
Owner: greysoldier
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