Coin Specifications

Category: Seated Liberty Half Dollars (1839-1891)
Mint: New Orleans
Mintage: 7,294,000
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 12.4400g
ASW: 0.3599oz
Melt Value: $8.12 (9/23/2020)
Diameter: 30.6mm
Edge: Reeded
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1858 O 50C MS obverse 1858 O 50C MS reverse
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Description & Analysis

The 1858-O half dollar enjoyed the highest mintage of this series until it was finally exceeded in 1876. As one would expect, worn examples are very common. Mint State survivors are somewhat scarce, but they are common in comparison to other New Orleans half dollars, save for the extremely common 1861-O. Most pieces were well made and present excellent opportunities for the type collector seeking a single coin in high grade.

Not surprisingly, the 1858-O half dollar offers a bumper crop of die marriages, some 41 in all. These are comprised of 24 obverses and a like number of reverses, though it's probable that still more will be identified. All reverse dies seen so far have been of the Type 1 hub used 1842-57. Amazingly, just a single collar gauge is known, this having 140 reeds. It's possible that the New Orleans Mint made a conscious decision to avoid the variety of earlier issues.

Since all dies were prepared at the Philadelphia Mint's engraving department, this high mintage issue resulted in numerous varieties similar to those known for 1858(P). Readers are referred to NGC's VarietyPlus website for more details.

This issue was heavily represented among the thousands of half dollars recovered from the wreck of the steamer Republic, which sank in a storm during 1865. Such coins display varying degrees of saltwater damage.

GRADE SUMMARY

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Price Guide

Last Updated: 4/24/2020

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

1858 O 50C MS
  GVGFVFXF505355586061626364656667686970
Base $ 57.00 70.00 85.00 120 160 260 280 350 520 600 670 850 1400 2500 10500 20500 - - - -
$ - - - - 535 - - 900 1450 3250 - - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 612
Low Grade: PrAg
Average Grade: 50
High Grade: 66

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series.
NGC CENSUS DETAIL Last Updated: 9/22/2020 1858 O 50C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base41518208659884244776442130152032----612
----------1-----------1
-----------------------
-----------------------
Total41518208659884244776542130152032----613
 1%2%3%3%14%10%14%7%7%13%11%1%3%5%2%3%0%0%---- 

NGC Registry

NGC Registry Score 1858 O 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1155220248330527563695745925112412191333170720092807504966859479150352405629074
52177229275396539607712805991115612571458180822753554559476161133118042257290
00000060771280599111561257145818082275355455947616113311804200
000000651728865105811871295158219082541430261408548131832104900
Registry Image Gallery
Grade: MS 62
Points: 1707
Owner: Whidbey Island Collection
 
Grade: AU 58
Points: 1156
Owner: Hugh Stiel Rare Coins
 
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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.