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: $6.39 (10/21/2019)
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: 9/27/2019

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

1858 O 50C MS
  GVGFVFXF505355586061626364656667686970
Base $ 52.00 70.00 85.00 110 160 260 280 350 520 600 670 850 1400 2500 10500 20500 - - - -
$ - - - - 535 - - 900 1450 3250 - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 591
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: 10/8/2019 1858 O 50C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base41315188357854142756342130152032----591
----------1-----------1
-----------------------
-----------------------
Total41315188357854142756442130152032----592
 1 %2 %3 %3 %14 %10 %14 %7 %7 %13 %11 %1 %4 %5 %3 %3 %1 %0 %---- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
10/2/1996 NGC AU 55   Teletrade Auction 0881, 881/Lot# 1403 $130.80
1/25/2004 PCGS AU 55   Goldberg January 25-28, 2004 Pre-Long Beach Coin and Currency Auction, 23/Lot# 2356 $299.00
5/27/2012 NGC Details VG Details  GreatCollections GreatCollections Coin Auctions 05/27/2012, 24/Lot# 52484 $31.01
7/27/2013 NGC MS 63   Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 4162 $2,350.00
4/22/2015 NGC   Heritage Auctions 2015 April 22 - 26 CSNS US Coins Signature Auction - Chicago Session(7), 1219/Lot# 7860 $329.00
11/15/2015 PCGS XF 45   Heritage Auctions Internet Coin Auction Session(2), 131547/Lot# 27409 $158.63
3/6/2018 PCGS XF 45   Heritage Auctions Internet Coin Auction Session(1), 131811/Lot# 23993 $145.20


NGC Registry

NGC Registry Score 1858 50C MS O
 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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