1903-O $10 LIBERTY GOLD COINS
The New Orleans Mint facility struck gold coins from 1838
to 1909 and struck far fewer coins than main Mint in Philadelphia.
Today, this makes New Orleans minted gold coins
dramatically more rare than their Philadelphia counterparts.
Savvy investors, collectors and dealers understand that there
are very few quality New Orleans minted gold coins available
on today’s market. However, despite their scarcity, there are
several New Orleans minted gold coins that appear to be
One date in particular stands out as a phenomenal value, and
that is the 1903-O $10 Gold Liberty.
The New Orleans Mint only struck 112,771 $10 gold coins in
1903. Keep in mind that a common date $10 Gold Liberty
can have mintages exceeding 2 million coins.
Today, only about 1% of the $10 gold coins minted at New
Orleans in 1903 are known to have survived today. As with
many of the gold coins minted in New Orleans, very few of
the 1903-O $10 gold coins survived in uncirculated grades.
For the last two years we have been scouring the country
looking to purchase quality low-minted $10 gold coins struck
at New Orleans for our clients. We have just acquired a small
group of 1903-O $10 Gold Liberty coins certified and graded
in uncirculated MS 61 grade.
This is a very significant find as only 644 of the 1903-O $10
gold coins known today have been certified in MS61 grade
by both NGC and PCGS combined. A common date $10
liberty like the 1894, has over 19,000 coins known in MS61
grade. This means the 1903-O is 30 times rarer than the most
common $10 Gold Liberty ever struck.
Such a dramatic difference in rarity would suggest a tremendous
difference in price. However, the 1903-O gold in MS 61
grade currently trades for less than double the price of the
ultra common 1894.
Coins with this kind of ratio rarely stay undervalued for long.
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