Coin Specifications

Category: Seated Liberty Quarters (1838-1891)
Mint: Philadelphia
Mintage: 188,127
Catalog: KM-64.2
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 6.6800g
ASW: 0.1933oz
Melt Value: $3.33 (10/1/2014)
Diameter: 24.3mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1840 DRAPERY 25C MS obverse 1840 DRAPERY 25C MS reverse


  
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Description & Analysis

A Robert Ball Hughes modification of Christian Gobrecht's original design, the Drapery variety of the Seated Liberty Quarter made its debut in 1840 with a delivery of 188,127 pieces at the Philadelphia Mint and 43,000 coins at the New Orleans Mint. There are two known die marriages of the 1840-P, and Briggs describes the first of these (Briggs 1-A) as a transitional hub variety. Although most 1840 Drapery Quarters were produced from the Briggs 1-A die pairing, the variety is not at all common in Mint State. In fact, Briggs (1991) assigns this variety an R.6 rating in Unc.

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: 11/25/2013

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1840 DRAPERY 25C MS
  GVGFVF4045505355586061626364656667686970
Base $ 31.00 39.00 55.00 105 260 260 375 425 525 775 950 1150 2400 5000 16500 31500 55000 - - - -
$ 290 425 475 575 875 1050 1250 2650 6500 19000 36000 - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 38
Low Grade: VG
Average Grade: 55
High Grade: 65


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/10/1997 PCGS MS 61   Teletrade Auction 0918, 918/Lot# 1299 $681.25
2/12/1999 PCGS MS 65   Heritage Auctions 1999 February Long Beach Sale #197, 197/Lot# 5902 $7,245.00
3/24/2004 PCGS MS 64   Heritage Auctions 2004 March Portland, OR Signature Sale #344, 344/Lot# 5635 $5,635.00
2/17/2013 NGC Details XF Details  GreatCollections GreatCollections Coin Auctions 02/17/2013, 62/Lot# 51086 $134.20
7/11/2013 PCGS XF 40   Heritage Auctions 2013 July 11 - 14 US Coins Signature Auction - Orlando Session(5), 1187/Lot# 7743 $258.50
9/25/2013 PCGS MS 63   Heritage Auctions 2013 September 25 - 29 US Coins Signature Auction - Long Beach Session(6), 1189/Lot# 6351 $4,406.25
5/25/2014 NGC VF 20   Stack's Bowers iAuction 3483, 6032/Lot# 22217 $141.00


NGC Registry

NGC Registry Score 1840 DRAPERY 25C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base819410612316729842353264671781387496421243071509160816428679092714003844172
8598111137210339459570669749833904135024393744542161966548761719526414160
00000045957066974983390413502439374454216196654876171952600
00000049560869378185393417372755441757516312666984442978200
1840 DRAPERY 25C MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base89102119135183323456570690764867930102422333213529763166673704595924098345188
93107124151229367494610714798888961142725593907563664356797789420055423840
00000049461071479888896114272559390756366435679778942005500
00000053265073983290999218302886460259766554692187433051900
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