David Hall: Though the mintage for the 1938-D Oregon was modest (only 6,005 coins), this is a fairly available issue. It is the most common of the three 1938 Oregon issues, especially in Gem and Superb Gem condition. This is a boldly struck and beautiful coin. Luster is more satiny than frosty. The average grade is MS64 to MS66 and circulated examples are virtually non-existent.