Coin Specifications

Category: Seated Liberty Half Dollars (1839-1891)
Mint: New Orleans
Mintage: 1,290,000
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 12.4400g
ASW: 0.3599oz
Melt Value: $6.50 (9/17/2019)
Diameter: 30.6mm
Edge: Reeded
Link to this coin

1860 O 50C MS obverse 1860 O 50C MS reverse
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Description & Analysis

As it had been for the past several years, New Orleans was the biggest producer of half dollars in 1860. This issue is plentiful across all grades short of MS 65, and gems remain quite elusive. Though the typical 1860-O half dollar is well struck, signs of die erosion and overpolishing can deter from their attractiveness. Uncertainty over the outcome of the Civil War and the issue of inflationary paper currency likely led to much hoarding of silver coins, and this probably accounts for the greater availability of this issue with respect to earlier O-Mint halves of similar or higher mintage.

A total of 12 die marriages are presently known for 1860-O half dollars. These resulted from various combinations of seven each obverse and reverse dies. Three of the latter were taken from Type 1 hubs with a short base in letter L in HALF, while the remainder were of the Type 2 hub having a long base to that letter. Type 2 examples are noticeably more scarce, but little interest has been shown by collectors. All 1860-O half dollars were coined with a collar having 140 reeds.

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: 6/28/2019

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

1860 O 50C MS
  GVGFVFXF505355586061626364656667686970
Base $ 42.00 52.00 95.00 100.00 210 300 350 400 525 685 775 1030 1380 2100 5500 18000 - - - -
$ - - - - 550 - - 1100 - 2900 6875 - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 275
Low Grade: PrAg
Average Grade: 55
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: 9/17/2019 1860 O 50C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base32632415301918273721924171571----269
-----------------1----1
----------1----11-----3
-----------------------
Total32632415301918273821924171682----273
 1 %1 %2 %1 %9 %5 %11 %7 %7 %10 %14 %1 %7 %9 %6 %6 %3 %1 %---- 
1860 O 50C MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1--4--1-----6
-----------------1----1
-----------------------
-----------------------
Total----------1--4--11----7
 ----------14 %--57 %--14 %14 %---- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/18/1998 NGC XF 45   Teletrade Auction 1106, 1106/Lot# 1438 $87.20
1/29/2012 PCGS MS 63   Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 2498 $1,265.00
2/22/2013 PCGS AU 58   Stack's Bowers The March 2013 Baltimore Auction, 181/Lot# 7198 $646.25
6/30/2013 PCGS XF 45   GreatCollections GreatCollections Coin Auctions 06/30/2013, 81/Lot# 124282 $187.00
12/22/2013 NGC XF 45   GreatCollections GreatCollections Coin Auctions 12/22/2013, 106/Lot# 154304 $150.00
6/4/2014 PCGS MS 65   Heritage Auctions 2014 June 4 - 8 US Coins Signature Auction - Long Beach Session(3), 1206/Lot# 4532 $4,700.00
11/2/2014 PCGS XF 45   David Lawrence Rare Coins Internet Auction # 828, 837/Lot# 10355 $170.00
4/27/2016 NGC AU 58   Heritage Auctions 2016 April 27 - May 1 CSNS US Coins Signature Auction - Chicago Session(6), 1234/Lot# 7929 $881.25


NGC Registry

NGC Registry Score 1860 50C MS O
 PrAgGVGFVF4045505355586061626364656667686970
Base1135201237351597653754882990113812261333175320292807406460488726137532187826565
461572132754336166877979181039116712621473184522883226472569411040216461234400
000000687797918103911671262147318452288322647256941104021646100
000000720839954108911971297161319372548364553877833120771917000
Registry Image Gallery
Grade: MS 62
Points: 1753
Owner: ddr70
 
Grade: AU 55
Points: 990
Owner: TerryZman
 
View the Registry Image Gallery

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