Save 15% on Books & Supplies at Whitman.com. Use promo code: WHITMAN15

1938-PDS Set Oregon Trail MS

Greysheet & CPG® Values
Melt Value (Silver): 0.3617 oz +13.77%
$13.72
Thank you to our sponsors!
Go check them out!

1938 Oregon half dollars were issued at the Philadelphia, Denver, and San Francisco Mints, making it the first year of the long-running Oregon type during which the coin was made at all three operating mints during the same year. They were sold in three-piece sets for $6.25 each and proved quite popular with collectors.

The coins were designed by James Earle Fraser and Laura Gardin Fraser, a husband-and-wife coin design team known for producing some beautiful numismatic art. The Oregon half dollar was no exception, with many calling it one of the most beautiful commemorative coins ever produced in the United States. The obverse features a Native American standing tall before a geographical outline of the United States, itself tracing a wagon train path across the western portion of the map where the 2,000-mile Oregon Trail was charted in the early 19th century.

All 1938 Oregon Trail half dollars are relatively easy to find in nice uncirculated grades, as most were saved in the grades of MS64-66. However, above those levels this coin becomes extraordinarily scarce, with only small handfuls known in grades of MS67, MS68, or higher.

Obverse Description

The obverse shows a Native American standing before a geographical map of the continental United States, with an indication of the actual Oregon Trail across the applicable portion of map.

Reverse Description

The reverse shows a cattle-drive stagecoach rolling over a hill with a large sunset shining in the background.

Catalog Information

GSID: 10352
Designer: James Earle Fraser, Laura Gardin Fraser
Obverse Designer: James Earle Fraser
Reverse Designer: Laura Gardin Fraser
Fineness: 0.9
Weight (gr): 12.5 gr
Weight (oz): 0.475 oz
Precious Metal Weight: 0.3617 oz
Strike Type: Business
Diameter: 30.6
Coin Shape: Round
Edge: Reeded
Variety: Oregon Trail
Coin Date: 1938-PDS
Denomination: Set
Designation: MS
Mintage: 6,005
Coinage Type: Classic Commemorative
Coinage Years: 1938
Composition: 90% silver; 10% copper
Subscribe to View

View more data, info, and visualizations. Get access to retail and wholesale pricing as well as auction data.

Coin Value History
1938-PDS Set Oregon Trail MS
Value By Grade
1938-PDS Set Oregon Trail MS
CPG (retail) values
Value by grade is available to subscribers. Subscribe to View

Values

Greysheet & CPG® Values
Melt Value (Silver): 0.3617 oz +13.77%
$13.72
GSID:10352 Shop related

Values

Greysheet & CPG® Values
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS69 CAC $129,500 $1,234
MS69 - $108,000 $1,234
MS68 CAC $1,234 $1,234
MS68 - $1,234 $1,234
MS67 CAC $1,234 $1,234
MS67 - $1,234 $1,234
MS66 CAC $1,234 $1,234
MS66 - $1,234 $1,234
MS65 CAC $1,234 $1,234
MS65 - $1,234 $1,234
MS64 CAC $1,234 $1,234
MS64 - $1,234 $1,234
MS63 CAC $1,234 $1,234
MS63 - $1,234 $1,234
MS62 CAC $1,234 $1,234
MS62 - $1,234 $1,234
MS61 CAC $1,234 $1,234
MS61 - $1,234 $1,234
MS60 CAC $1,234 $1,234
MS60 - $1,234 $1,234
AU58 CAC $1,234 $1,234
AU58 - $1,234 $1,234
AU55 CAC $1,234 $1,234
AU55 - $1,234 $1,234
AU53 CAC $1,234 $1,234
AU53 - $1,234 $1,234
AU50 CAC $1,234 $1,234
AU50 - $1,234 $1,234
XF45 CAC $1,234 $1,234
XF45 - $1,234 $1,234
XF40 CAC $1,234 $1,234
XF40 - $1,234 $1,234

Related Items

Other items from this series
See all

From the Greysheet Marketplace

Live listings from Greysheet dealers
See all

Greysheet News

Prominent Collector Dell Loy Hansen Submitting His Historical Collection Of U.S. Coins To CAC Grading
Prominent Collector Dell Loy Hansen Submitting His Historical Collection Of U.S. Coins To CAC Grading

The unprecedented crossover underscores his personal efforts to combat “grade inflation.”

American Numismatic Association's Largest Coin Show, August 6-10 In Chicago
American Numismatic Association's Largest Coin Show, August 6-10 In Chicago

Dazzling rarities, free educational opportunities, family fun and more await at the Donald E. Stephens Convention Center

United States Mint Unveils Designs For The 2025 United States Marine Corps 250th Anniversary Commemorative Coin Program
United States Mint Unveils Designs For The 2025 United States Marine Corps 250th Anniversary Commemorative Coin Program

The designs will be featured on a $5 gold coin, a $1 silver coin, and a half dollar clad coin.

Events

DLRC Weekly Auctions
DLRC Weekly Auctions Location: DAVID LAWRENCE RARE COINS
Sunday, May 3, 2026
GreatCollections Coin, Currency, World Money, and World Coins Auctions
GreatCollections Coin, Currency, World Money, and World Coins Auctions Location: https://www.greatcollections.com/Auction-Archive
Sunday, May 3, 2026
GreatCollections Coin, Currency, World Money, and World Coins Auctions
GreatCollections Coin, Currency, World Money, and World Coins Auctions Location: https://www.greatcollections.com/Auction-Archive
Sunday, May 10, 2026