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: $1.13 (9/1/2015)
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: 7/15/2015

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1840 NO DRAPERY 10C MS
  GVGFVFXF5053555861626364656667686970
Base $ 22.00 26.00 30.00 52.00 160 260 285 315 360 460 675 950 1700 3450 7050 16500 35000 - -
$ 175 - 310 345 400 500 750 1075 1900 4250 8250 - -

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: 131
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
4/21/2011 NGC AU 55   David Lawrence Rare Coins Thursday - Internet Auction # 577, 584/Lot# 7153 $293.25
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
2/3/2013 NGC Details UNC Details  Goldberg February 3-6, 2013 The Pre-Long Beach Auction, 72/Lot# 645 $661.00
2/25/2013 NGC XF 45   Teletrade Auction 3419, 3419/Lot# 1581 $170.00
11/10/2013 NGC MS 62   GreatCollections GreatCollections Coin Auctions 11/10/2013, 100/Lot# 137995 $484.00
6/23/2014 PCGS MS 67   Heritage Auctions 2014 June 23 The Eugene H. Gardner Collection of US Coins Signature Auction - New York Session(1), 1213/Lot# 30245 $11,162.50
10/8/2014 PCGS AU 58   Heritage Auctions 2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York Session(5), 1210/Lot# 7583 $367.78


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