Coin Specifications

Category: Seated Liberty Dimes (1837-1891)
Mint: Philadelphia
Mintage: 981,500
Catalog: KM-63.1
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 2.67 Grams
ASW: 0.0773oz
Melt Value: $1.52 (8/20/2014)
Diameter: 17.9mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1840 NO DRAPERY 10C MS obverse 1840 NO DRAPERY 10C MS reverse


  
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Description & Analysis

This first subtype of 1840 was coined during the first three quarters of the year, before the Mint adopted the new Hughes interpretation. Its mintage was thus lower than usual for the Philadelphia Mint, and examples are slightly scarce in Mint State and rare at the gem level. Most coins are found well struck, except at the borders where the denticles are often blurred or incomplete.

There are no true varieties for this issue. Series specialists do seek one die state in which deep polishing lines at Liberty's neck simulate the appearance of a crude beard. This is included within Gerry Fortin's Top 100.

GRADE SUMMARY

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Price Guide

Last Updated: 1/3/2014

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1840 NO DRAPERY 10C MS
  GVGFVF4045505355586061626364656667686970
Base $ 22.00 26.00 30.00 52.00 160 160 260 285 315 360 410 460 675 915 1600 3450 6900 17500 35000 - -
$ 175 285 310 345 400 460 500 750 1025 1750 3750 8000 19000 -
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Census

 
NGC GRADE SUMMARY

Total Graded: 129
Low Grade: G
Average Grade: 60
High Grade: 68


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/13/1997 NGC MS 65   Heritage Auctions 1997 September Long Beach Sale #178, 178/Lot# 6968 $1,322.50
1/8/1999 NGC MS 64   Heritage Auctions 1999 F.U.N. Signature Sale #195, 195/Lot# 6427 $1,092.50
9/29/2002 PCGS MS 64   Heritage Auctions 2002 September Long Beach Bullet Sale #301, 301/Lot# 722 $776.25
5/31/2004 PCGS MS 64   Goldberg May 31 - June 2, 2004 Pre-Long Beach Coin and Currency Auction, 25/Lot# 568 $2,760.00
6/27/2005 NGC MS 63   David Lawrence Rare Coins Auction 43: The Cook Family Collection, 47/Lot# 579 $833.75
8/12/2012 PCGS AU 55   Teletrade Auction 3327, 3327/Lot# 1416 $300.00
10/17/2012 NGC MS 65   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 1332 $2,185.00
11/10/2013 NGC MS 62   GreatCollections GreatCollections Coin Auctions 11/10/2013, 100/Lot# 137995 $484.00


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