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: 2.67g
ASW: 0.0773oz
Melt Value: $1.51 (9/26/2016)
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: 9/22/2016

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1840 NO DRAPERY 10C MS
  GVGFVFXF505355586061626364656667686970
Base $ 22.00 26.00 35.00 70.00 175 275 290 335 365 415 460 675 1000 1750 3000 7500 16500 35000 - -
$ - - - - 385 - - - - - 4300 - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 144
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
10/4/1995 PCGS MS 64   Heritage Auctions 1995 October Long Beach Bullet Sale #143, 143/Lot# 146 $797.50
5/31/2004 PCGS MS 64   Goldberg May 31 - June 2, 2004 Pre-Long Beach Coin and Currency Auction, 25/Lot# 568 $2,760.00
4/8/2012 NGC MS 63   Teletrade Auction 3255, 3255/Lot# 1579 $625.00
10/17/2012 PCGS MS 67   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 3075 $14,950.00
1/6/2013 NGC Details XF Details  Heritage Auctions Internet Coin Auction Session(2), 131303/Lot# 29010 $44.00
11/10/2013 NGC MS 62   GreatCollections GreatCollections Coin Auctions 11/10/2013, 100/Lot# 137995 $484.00
12/22/2013 PCGS AU 55   David Lawrence Rare Coins Internet Auction # 783, 792/Lot# 544 $355.00
6/14/2015 NGC Details UNC Details  Heritage Auctions Internet Coin Auction Session(2), 131525/Lot# 27443 $188.00


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