Estimated grade. Ex. Numismatic Gallery Sale (1953) Sold by David Akers Numismatics May '98 Price realized $2860
David Akers: In the past, the 1898-O was always overshadowed by the mintmarked issues of 1896 and 1897; that is, although the 1898-O was always considered a very scarce date, it generally took a backseat to the 1896-O, 1896-S, 1897-O and 1897-S in terms of popularity and perceived rarity. Now that we have a better picture of the relative rarity of many of the issues in the series, however, it is quite clear that the 1898-O in Gem condition is decidedly more rare than either of the two 1897 issues and is actually very similar in rarity to the 1896-O and 1896-S. I feel that is is one of the more underrated issues in the series in high grade, and Gem quality examples are extremely difficult to locate.