I too have a 1959 3800 and went to 9.50 tires on 16.5 inch rims. They are pretty tall, although a little shorter then the 17.5 split rims that were on it.
While the 16.5 tires are getting a little harder to find (you can still buy them new for around $95), they don't cause a rubbing problem on the front end like 16 inch rims do. Sure they rub a bit when turning real tight, but overall they work better without having to use spacer washers.
Thanks,
Kerwin