Coin Specifications

Category: Seated Liberty Dimes (1837-1891)
Mint: Philadelphia
Mintage: 377,500
Catalog: KM-63.2
Obverse Designer: Robert B. Hughes
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 2.67 Grams
ASW: 0.0773oz
Melt Value: $1.27 (5/5/2015)
Diameter: 17.9mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1840 DRAPERY 10C MS obverse 1840 DRAPERY 10C MS reverse


  
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Description & Analysis

The final delivery of dimes for 1840 was made in 1840, and these featured an extensively revised interpretation of the Seated Liberty figure by Robert Ball Hughes. The one change that most stands out on casual observation is the addition of a thick drapery fold at Liberty's left elbow. Another important change was the addition of obverse stars to the new master hub, as the Engraving Department no longer had to add these tedious elements by hand to each working die.

The reverse was modified only slightly, the most obvious difference being that the buds on the wreath are henceforth open rather than closed.

Not surprisingly, given its smaller mintage, this subtype of the 1840 Philadelphia Mint dime is far more scarce than the No Drapery coins. This is especially true of Mint State examples, with gems being all but unknown.

GRADE SUMMARY

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Price Guide

Last Updated: 1/3/2014

Click on a price to see historical prices, comparison charts and trends.

1840 DRAPERY 10C MS
  GVGFVFXF5053555861626364656667686970
Base $ 65.00 80.00 110 245 410 785 975 1375 2600 3200 4150 8000 17000 27500 - - - - -
$ 450 850 1075 1500 2900 3500 4500 8750 19500 30000 - - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 20
Low Grade: F
Average Grade: 53
High Grade: 66


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
5/8/2000 PCGS AU 50   Teletrade Auction 1305, 1305/Lot# 1328 $370.60
4/26/2006 PCGS MS 62   Heritage Auctions 2006 April (CSNS) Signature Auction #404, 404/Lot# 1208 $7,015.00
9/22/2010 PCGS MS 64   Heritage Auctions 2010 September Long Beach, CA Signature US Coin Auction #1144, 1144/Lot# 3622 $19,550.00
9/22/2010 PCGS Genuine Genuine   Heritage Auctions "2010 September Long Beach, CA Signature US Coin Auction Session(5)", 1144/Lot# 9009 $172.50
10/16/2011 PCGS G 4   Heritage Auctions Internet Coin Auction Session(1), 131143/Lot# 28160 $62.00
11/7/2011 PCGS VF 25   Heritage Auctions 2011 November 7-9 US Coins Signature Auction - Beverly Hills Session(4), 1161/Lot# 7612 $299.00
1/26/2014 PCGS VF 25   David Lawrence Rare Coins Internet Auction # 788, 797/Lot# 626 $626.00
1/7/2015 NGC MS 62   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(1), 1216/Lot# 3793 $2,585.00


NGC Registry

NGC Registry Score 1840 DRAPERY 10C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base244255304395715100510661488168320292807293631033506469464007704811885478993974112360
248271334502812102512071553179822882850299232373902526368357842826186969242106140
0000001207155317982288285029923237390252636835784282618696924200
0000001347161819142548289330473372429858317269798084048844949200
1840 DRAPERY 10C MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base11111149280610131135129813971749277036014319501583271200217576261291
1111116459687510531189133115142089304738404551611995521386020427261290
0000005968751053118913311514208930473840455161199552138602042700
00000070194410941243136416312429332440794783722310777157182327800
Registry Image Gallery
Grade: MS 63
Points: 4694
Owner: Gerry Fortin
 
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