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1939 50c Oregon Trail MS

Greysheet & CPG® Values
Melt Value (Silver): 0.3617 oz +13.77%
$13.72
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The last of the Oregon Trail half dollars came some 14 years after the first were made, marking the longest production period for a single type of United States commemorative coin during the traditional era (1892-1954). The 1939 Oregon Trail halves are also the scarcest, with tiny mintages of just about 3,000 each at the Philadelphia, Denver, and San Francisco Mints. The 1939 Oregon halves were sold in sets of three for $7.50 per set.

Oregon half dollars were designed by husband and wife coin artists James Earle Fraser and Laura Gardin Fraser. The Oregon half dollar is considered one of the most beautiful United States commemorative designs, honoring the pioneers who charted the 2,000-mile path across the western United States during the early 19th century. The obverse features a majestic portrait of a Native American standing before an outline of the United States, which shows a little line of covered wagons cutting across the map where the Oregon Trail was blazed. On the reverse of the coin is a serene scene of a cattle-drive stagecoach approaching the setting sun.

Most of the available 1939 Oregon half dollars are known in Gem condition, ranging from about MS64-66. MS67s are scarce and pieces grading MS68 or higher are extremely rare. Luster on the 1939 Oregon half dollars is generally satiny.

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: 10349
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: 1939
Denomination: 50c
Designation: MS
Mint Location: Philadelphia
Mintage: 3,004
Coinage Type: Classic Commemorative
Coinage Years: 1892-1954
Composition: 90% silver; 10% copper
PCGS #: 9352
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Coin Value History
1939 50c Oregon Trail MS
Value By Grade
1939 50c 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:10349 PCGS:9352 Shop related

Values

Greysheet & CPG® Values
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS68 CAC $10,500 $1,234
MS68 - $7,500 $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

Auction Prices

Recent public sale records for this item
See all
1939 50C Oregon, MS65 PCGS. CDN: $540 Whsle. Bid for NGC/PCGS MS65. Mintage 3,004....
$793
Sold 2/2/2026
Heritage Auctions
1939 50C Oregon MS67+ PCGS. CAC. CAC: 73 in 67, 3 finer (10/25). CDN: $1,000 Whsle. Bid for NGC/PCGS MS67. Mintage 3,004. ...
$1,560
Sold 11/14/2025
Heritage Auctions
1939 50C Oregon MS66 PCGS. Mintage 3,004. ...
$690
Sold 5/12/2025
Heritage Auctions
1939 50C Oregon MS68 NGC....
$2,520
Sold 12/13/2024
Heritage Auctions
1939 50C Oregon MS64 PCGS. PCGS Population: (284/914). NGC Census: (103/670). CDN: $460 Whsle. Bid for NGC/PCGS MS64. Minta...
$456
Sold 5/2/2022
Heritage Auctions
1939 50C Oregon MS62 PCGS. CAC. PCGS Population: (9/1283). NGC Census: (2/785). CDN: $380 Whsle. Bid for NGC/PCGS MS62. Min...
$384
Sold 6/23/2021
Heritage Auctions
1939 50C Oregon MS63 PCGS. PCGS Population: (92/1177). NGC Census: (18/758). CDN: $390 Whsle. Bid for NGC/PCGS MS63. Mintag...
$384
Sold 5/27/2020
Heritage Auctions
1939 50C Oregon Trail -- Cleaned -- ANACS. MS60 Details. NGC Census: (0/738). PCGS Population (1/1100). Mintage: 3,004. Num...
$299
Sold 6/3/2012
Heritage Auctions
1939 50C Oregon AU55--Cleaned--ANACS, UNC Details. Pop: (P 0/973, N 0/632). Mintage: 3,004. Numismedia Wsl. Price: $322....
$126
Sold 10/23/2005
Heritage Auctions
1939 50C Oregon, MS65 PCGS. CAC. Housed in a Generation 1.2 "rattler" holder. CAC: 81 in 65, 188 finer (10/25). CDN: $540 ...
$690
Sold 12/15/2025
Heritage Auctions
1939 50C Oregon MS67 PCGS. CAC. CAC Population: (72/3). Mintage 3,004. ...
$1,620
Sold 10/5/2025
Heritage Auctions
1939 50C Oregon MS66 PCGS. Mintage 3,004. ...
$600
Sold 11/27/2024
Heritage Auctions
1939 50C Oregon MS68 PCGS....
$5,280
Sold 12/13/2024
Heritage Auctions
1939 50C Oregon MS64 PCGS. CAC. PCGS Population: (284/908). NGC Census: (100/667). CDN: $400 Whsle. Bid for NGC/PCGS MS64. ...
$504
Sold 8/15/2021
Heritage Auctions
1939 50C Oregon MS62 ANACS. NGC Census: (2/709). PCGS Population (9/1062). Mintage: 3,004. Numismedia Wsl. Price for proble...
$417
Sold 9/26/2010
Heritage Auctions
1939 50C Oregon MS63 PCGS. PCGS Population: (90/1155). NGC Census: (18/739). CDN: $425 Whsle. Bid for problem-free NGC/PCGS...
$360
Sold 9/19/2018
Heritage Auctions
1939 50C Oregon--Cleaned--ICG. MS60 Details. NGC Census: (0/692). PCGS Population (1/1033). Mintage: 3,004. Numismedia Wsl....
$207
Sold 10/5/2008
Heritage Auctions
1939 50C Oregon MS65 NGC. CAC. CAC Population: (80/184). Mintage 3,004. ...
$660
Sold 8/18/2025
Heritage Auctions
1939 50C Oregon MS67+ NGC. CAC. CAC Population: (71/3). Mintage 3,004. ...
$1,560
Sold 4/21/2025
Heritage Auctions
1939 50C Oregon MS66 PCGS. PCGS Population: (366/143). NGC Census: (315/143). CDN: $600 Whsle. Bid for NGC/PCGS MS66. Minta...
$660
Sold 9/30/2024
Heritage Auctions
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