1838 O Capped Bust Half Dollars

Half Dol on Reverse

Mintage: 20
Minted at: New Orleans

Designer - Engraver: Christian Gobrecht
Metal Composition: 90% Silver - 10% Copper

Diameter: 30 mm
Mass / Weight: 13.36 grams

What this coin looks like (obverse, reverse, mint mark location, special features, etc.):
1838 O Capped Bust Half Dollar - New Orleans
The 1838-O Capped Bust Half Dollar is one of the rarest and most valuable varieties of US coins. This coin was one of the first coins struck at the newly opened New Orleans Branch Mint. Only around 20 or less of these coins were ever produced as the new Mint was having various breakdown problems and getting the new equipment fine-tuned. The general view is that only dimes and half dimes were actually produced in 1838. These 1838-O half dollars were actually produced in early 1839 (sometime between the months of January and March) using the old die - which is why so few of them were produced. Eventually the 1838-O obverse die was defaced and the new 1839-O die was used to begin striking new half dollars in April of that year. These extremely rare coins are worth hundreds of thousands of dollars each! Source of example image is courtesy of Heritage Auction Galleries.
Coin valuation chart: Typical coin prices, values and worth per grade or condition - in USD
Very Good
Very Fine
Extremely Fine
About Uncirculated

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