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: $1.24 (12/28/2014)
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
  GVGFVF4045505355586061626364656667686970
Base $ 65.00 80.00 110 245 410 410 785 975 1375 2600 2850 3200 4150 8000 17000 27500 - - - - -
$ 450 850 1075 1500 2900 3200 3500 4500 8750 19500 30000 - - -
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Census

 
NGC GRADE SUMMARY

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


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
1/12/2015 MS 62   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(1), 1216/Lot# 3793


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
2/4/2009 NGC AU 53   Heritage Auctions 2009 February Long Beach, CA Signature US Coin Auction #1122, 1122/Lot# 900 $1,092.50
9/22/2010 PCGS MS 64   Heritage Auctions 2010 September Long Beach, CA Signature US Coin Auction #1144, 1144/Lot# 3622 $19,550.00
12/2/2010 PCGS AU 58   Heritage Auctions 2010 December Houston Signature US Coin Auction Session(1), 1147/Lot# 3425 $2,875.00
9/6/2012 PCGS VF 25   Heritage Auctions 2012 September 6-9 US Coins Signature Auction- Long Beach Session(4), 1174/Lot# 7783 $397.15
7/21/2013 NGC Details XF Details  Heritage Auctions Internet Coin Auction Session(2), 131331/Lot# 24737 $123.38
1/26/2014 PCGS VF 25   David Lawrence Rare Coins Internet Auction # 788, 797/Lot# 626 $626.00
11/6/2014 PCGS XF 40   Heritage Auctions 2014 November 6 - 10 US Coins Signature Auction - Beverly Hills Session(5), 1211/Lot# 7485 $499.38


NGC Registry

NGC Registry Score 1840 DRAPERY 10C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base176143237409586674754953106912261321165826433447414148171045916330111
2698174294468615700820991112112571433198629113678436666971241616330110
000000700820991112112571433198629113678436666971241616330100
0000007278861030117312891545231431793909459185781437316330100
1840 DRAPERY 10C MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base11111149280610131135129813971749277036014319501583271200217576261291
1111116459687510531189133115142089304738404551611995521386020427261290
0000005968751053118913311514208930473840455161199552138602042700
00000070194410941243136416312429332440794783722310777157182327800
Registry Image Gallery
Grade: MS 63
Points: 3447
Owner: Gerry Fortin
 
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