| Survival Estimate | |
|---|---|
| All Grades | 800 |
| 60 or Better | 75 |
| 65 or Better | 7 |
| Numismatic Rarity | |
|---|---|
| All Grades | R-5.4 |
| 60 or Better | R-8.2 |
| 65 or Better | R-9.6 |
| Relative Rarity By Type All Specs in this Type | |
|---|---|
| All Grades | 2 / 3 |
| 60 or Better | 1 / 3 TIE |
| 65 or Better | 1 / 3 TIE |
| Relative Rarity By Series All Specs in this Series | |
|---|---|
| All Grades | 72 / 122 TIE |
| 60 or Better | 60 / 122 TIE |
| 65 or Better | 45 / 122 TIE |
|
#1 PCGS MS65+
Heritage Auctions, April 23, 2015, Lot 4988 – $32,900; Legend Rare Coin Auctions, April 27, 2023, Lot 23 – $37,600; "The 400 Esplanade Collection" (PCGS Set Registry). Fortin-101. Gold and orange toning throughout. Hints of green. Reverse target toning. |
#2 PCGS MS65
David Lawrence Rare Coins, August 2007, Lot 5007; Legend Numismatics, August 2007; As PCGS MS65 #60114309. “The Eugene H. Gardner Collection, Part II,” Heritage Auctions, October 2014, Lot 98238 – $28,200; As PCGS MS65 #81760394. Stack’s Bowers, November 3, 2016, Lot 2052 – $19,975; The Stiel Collection; Legend Rare Coin Auctions, July 15, 2021, Lot 121 – $24,675. Fortin 101a. Diagonal streaks of butterscotch-colored toning.
|
#2 PCGS MS65
|
#4 PCGS MS64+
Heritage Auctions, February 2020, Lot 3036 - $6,900; "The Srotag Collection," Stack's Bowers, August 23, 2024, Lot 3060 - $9,300; "The Monroe Collection" (PCGS Set Registry). Fortin-102. |
#4 PCGS MS64+
As NGC MS65 #4214850-001. Stack’s Bowers, October 25, 2018, Lot 2067 – $14,400; As PCGS MS64+ #38000157. Fortin-102. |
The 1838-O Liberty Seated Dime (#4564) was the first coin struck at the New Orleans Mint, one of three branch mints that Congress established with the passing of the Coinage Act of March 3, 1835.
Built on land donated to the federal government by the City of New Orleans, the New Orleans Mint was designed by architect William Strickland in the Greek Revival style he helped popularize. Construction began in September 1835 and finished in 1838, costing $182,000 for the building plus $118,000 for site improvements. Rufus Tyler was appointed Chief Coiner upon opening, causing friction among local employees who bristled at taking orders from a "northerner" — a reflection of the era's regional tensions.
The New Orleans Mint struck its first coinage on May 8, 1838: an initial run of 30 presentation pieces of the 1838-O Liberty Seated Dime. Plagued by worn Philadelphia equipment and summer yellow fever shutdowns, regular production was delayed until late autumn, ultimately reaching an accepted total mintage of 406,034 pieces.
The 1838-O dime features Christian Gobrecht's original "No Stars" layout, displaying a seated Lady Liberty with only the date in the exergue.
The Philadelphia Mint did New Orleans no favors by shipping it second-hand eqipment. This, and a general lack of attention to detail, often resulted in flat strikes. Softness routinely affects Liberty's face, shield, and feet, while sharply defined rim denticles remain rare.
Numismatist Gerry Fortin identifies two distinct die varieties for the 1838-O Liberty Seated Dime:
In a survey of Liberty Seated Collectors Club members published in the March 2008 issue of The Gobrecht Journal, the 1838-O Liberty Seated Dime ranked tenth among the "Ten Greatest New Orleans Seated Coins."
SS Central America Recovery
The 2014 salvage of the SS Central America shipwreck yielded 40 PCGS-graded 1838-O dimes ranging from PCGS FR-02 to PCGS XF-40. Featuring both F-101 and F-102 varieties, these recovered coins offer a clear snapshot of how extensively early branch-mint coinage circulated across the United States within 20 years of its release.
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