Coin Specifications

Category: Liberty Head $10 (1838-1907)
Mint: Philadelphia
Mintage: 12,447
Catalog: KM-66.2
Composition: Gold
Fineness: 0.9000
Weight: 16.7180g
AGW: 0.4837oz
Melt Value: $622.91 (9/1/2014)
Diameter: 27mm
Numismatic specification data provided by Krause Publications NumisMaster.
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1839 SM LET HEAD OF 40 $10 MS obverse 1839 SM LET HEAD OF 40 $10 MS reverse


  
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Description & Analysis

The Type of 1840 eagle boasts a completely new obverse from that used on 1838 and prior 1839 issues. The most noticeable difference between the two types is the tilt of Liberty's head, on the Type of 1838 star 6 is located directly above Liberty's coronet, while on the Type of 1840 the coronet points directly at star 6. Liberty's bust is rounded on the Type of 1838, and more pointed on the Type of 1840. Of the two types of eagles minted in 1839, this is easily the rarer. It has roughly half the mintage of its predecessor, and about as many have been certified by the major grading services in total as the Type of 1838 has examples graded in Mint State alone. Indeed, the current near-Mint piece has to be considered among the finest available to collectors. Breen called the 1839 Type of 1840 'prohibitively rare AU,' while Akers states that it is 'very rare in any condition and most known specimens are VF or EF.'

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 6/16/2014

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1839 SM LET HEAD OF 40 $10 MS
  GVGFVF4045505355586061626364656667686970
Base $ 1300 1650 2150 4600 10500 10500 12000 18000 24500 45000 85000 - - - - - - - - - -
$ 11750 13500 19500 30000 - - - - - - - - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 37
Low Grade: F
Average Grade: 50
High Grade: 64


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/6/1995 NGC XF 45   Heritage Auctions February 1995 Long Beach Sale #130, 130/Lot# 5887 $3,190.00
3/16/1998 PCGS VG 10   Teletrade Auction 1032, 1032/Lot# 2013 $580.25
2/2/2012 NGC XF 40   Heritage Auctions 2012 February 2-5 US Coins Signature Auction- Long Beach Session(3), 1167/Lot# 4859 $10,350.00
4/26/2012 NGC AU 58   Heritage Auctions 2012 April 25-May 1 World & Ancient Coins CICF Signature Auction- Chicago Session(7), 3019/Lot# 28120 $69.00
7/27/2013 NGC XF 40   Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 4509 $8,225.00
9/25/2013 PCGS VG 10   Heritage Auctions 2013 September 25 - 29 US Coins Signature Auction - Long Beach Session(4), 1189/Lot# 5227 $3,671.88
2/27/2014 NGC AU 58   Heritage Auctions 2014 February 27 - 28 & March 2 Mid-Winter ANA US Coins Signature Auction - Atlanta Session(2), 1203/Lot# 4154 $47,000.00


NGC Registry

NGC Registry Score 1839 SM LET HEAD OF 40 $10 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base11113931799280736204231554561936984743178598849110471328122883329264814471469107610134561
11465152821353078382346695761645671337573818995811179116481262303799855919835161165930
0000003823466957616456713375738189958111791164812623037998559198351600
00000040275107597767207282771685191031412536196822957843071636949556300
1839 SM LET HEAD OF 40 $10 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1111111111111111111111
1111111111111111111110
0000001111111111111100
0000001111111111111100
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