Coin Specifications

Category: Seated Liberty Dimes (1837-1891)
Mint: Philadelphia
Mintage: 377,500
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 2.6700g
ASW: 0.0773oz
Melt Value: $1.19 (3/18/2019)
Diameter: 17.9mm
Edge: Reeded
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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: 3/15/2019

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

1840 DRAPERY 10C MS
  GVGFVFXF505355586061626364656667686970
Base $ 88.90 114 184 474 642 825 1390 1650 2940 3500 4180 4650 10700 21500 40000 - - - - -
$ - - - - - - - - - 30000 - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 24
Low Grade: F
Average Grade: 50
High Grade: 66

The chart showing F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series.
NGC CENSUS DETAIL Last Updated: 3/18/2019 1840 DRAPERY 10C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---3541-122-22-1-1----24
-----------------------
-----------------------
---------------1------1
Total---3541-122-22-2-1----25
 ---12 %20 %16 %4 %-4 %8 %8 %-8 %8 %-8 %-4 %---- 

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
12/2/2010 PCGS VF 35   Heritage Auctions 2010 December Houston Signature US Coin Auction Session(4), 1147/Lot# 7664 $276.00
12/2/2010 PCGS AU 58   Heritage Auctions 2010 December Houston Signature US Coin Auction Session(1), 1147/Lot# 3425 $2,875.00
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
5/12/2015 NGC MS 64   Heritage Auctions 2015 May 12 The Eugene H. Gardner Collection III US Coins Signature Auction - New York Session(1), 1228/Lot# 98222 $27,025.00
3/3/2016 NGC AU 53   Heritage Auctions 2016 March 3 - 6 ANA US Coins Signature Auction - Dallas Session(1), 1233/Lot# 3755 $1,145.63
4/4/2017 PCGS XF 40   Heritage Auctions 2017 April 4 - 6 US Coins Signature Auction - Dallas Session(5), 1253/Lot# 17454 $564.00


NGC Registry

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