Coin Specifications

Category: Seated Liberty Half Dimes (1837-1873)
Mint: Philadelphia
Mintage: 310,085
Catalog: KM-62.2
Obverse Designer: Robert B. Hughes
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 1.34 Grams
ASW: 0.0388oz
Melt Value: $0.76 (4/17/2014)
Diameter: 15.5mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1840 DRAPERY H10C MS obverse 1840 DRAPERY H10C MS reverse


  
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Description & Analysis

For reasons not absolutely clear now, the Mint commissioned artist Robert Ball Hughes to revise the Seated Liberty figure. This modified interpretation was utilized for the new silver dollars of 1840 and was adapted for all of the fractional silver coins except for the half dollar. A side-by-side comparison reveals numerous differences, but the most obvious is the addition of drapery above Liberty's left thigh to balance the design. Also readily evident is that the buds on the wreath are split or open, while those on the earlier issue are closed. Perhaps the greatest justification for revising this coin type was the inclusion of stars in the master matrix so that these no longer had to be punched into each working die.

This subtype of the 1840 half dime is less often seen across all grades than the No Drapery edition. Mint State pieces in particular are in short supply.

GRADE SUMMARY

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Price Guide

Last Updated: 6/11/2013

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1840 DRAPERY H10C MS
  GVGFVF4045505355586061626364656667686970
Base $ 32.20 39.10 67.85 97.75 184 184 312 384 408 480 528 570 680 810 1250 2660 - - - - -
$ 206 340 420 450 530 580 630 750 890 1380 2900 - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 59
Low Grade: VF
Average Grade: 62
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
3/19/1997 NGC MS 65   Heritage Auctions 1997 Mid-Winter ANA Bullet Sale #168, 168/Lot# 135 $1,540.00
1/23/2006 NGC AU 58   Heritage Auctions 2006 January Dallas, TX The Jules Reiver Collection Signature Auction #390, 390/Lot# 20976 $431.25
9/10/2006 PCGS MS 64   Goldberg September 10-13, 2006 Pre-Long Beach Coin and Currency Auction, 37/Lot# 1463 $1,236.25
4/2/2007 NGC MS 65   David Lawrence Rare Coins Spring Collectors Choice Sale', 137/Lot# 95 $2,311.50
10/13/2011 PCGS MS 64   Heritage Auctions 2011 October 13-16 US Coins Signature Auction #1160- Pittsburgh Session(1), 1160/Lot# 3447 $1,035.00
11/18/2012 PCGS VF 20   Teletrade Auction 3383, 3383/Lot# 1463 $100.00
7/27/2013 PCGS MS 63   Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 30343 $883.60


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