Coin Specifications

Category: Seated Liberty Half Dimes (1837-1873)
Mint: Philadelphia
Mintage: 310,085
Catalog: KM-62.2
Obverse Designer: Robert B. Hughes
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 1.34 Grams
ASW: 0.0388oz
Melt Value: $0.62 (10/31/2014)
Diameter: 15.5mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1840 DRAPERY H10C MS obverse 1840 DRAPERY H10C MS reverse


  
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Description & Analysis

For reasons not absolutely clear now, the Mint commissioned artist Robert Ball Hughes to revise the Seated Liberty figure. This modified interpretation was utilized for the new silver dollars of 1840 and was adapted for all of the fractional silver coins except for the half dollar. A side-by-side comparison reveals numerous differences, but the most obvious is the addition of drapery above Liberty's left thigh to balance the design. Also readily evident is that the buds on the wreath are split or open, while those on the earlier issue are closed. Perhaps the greatest justification for revising this coin type was the inclusion of stars in the master matrix so that these no longer had to be punched into each working die.

This subtype of the 1840 half dime is less often seen across all grades than the No Drapery edition. Mint State pieces in particular are in short supply.

GRADE SUMMARY

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Price Guide

Last Updated: 7/18/2014

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1840 DRAPERY H10C MS
  GVGFVF4045505355586061626364656667686970
Base $ 27.00 40.00 65.00 125 210 210 345 385 430 485 535 585 725 925 1375 3450 - 23000 - - -
$ 235 365 410 475 535 575 640 775 1050 1725 12925 - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 61
Low Grade: VF
Average Grade: 61
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/3/1996 NGC MS 61   Teletrade Auction 0846, 846/Lot# 1279 $348.80
8/7/2000 PCGS MS 60   Heritage Auctions Philadelphia 2000 #232, 232/Lot# 6832 $437.00
1/25/2004 PCGS MS 64   Goldberg January 25-28, 2004 Pre-Long Beach Coin and Currency Auction, 23/Lot# 1838 $1,035.00
1/5/2011 PCGS MS 62   Heritage Auctions 2011 January Tampa FUN Signature & Platinum Night US Coin Auction Session(6), 1151/Lot# 10049 $359.95
10/13/2011 PCGS MS 64   Heritage Auctions 2011 October 13-16 US Coins Signature Auction #1160- Pittsburgh Session(1), 1160/Lot# 3447 $1,035.00
6/30/2013 PCGS MS 92   David Lawrence Rare Coins Internet Auction # 758, 767/Lot# 116 $140.00
7/27/2013 PCGS MS 63   Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 30343 $883.60


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