Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: Philadelphia
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $20.05 (6/21/2021)
Diameter: 38.1mm
Edge: Reeded
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1840 $1 PF obverse 1840 $1 PF reverse
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Description & Analysis

The number of proof silver dollars coined with the date 1840 is unknown and likely to remain so. Their manufacture and sale didn't require the same accountability as did coins for circulation, and proofs were treated more like medals than coins. They were struck from the Mint's reserve stock of bullion, rather than being the result of silver deposited by businesses and individual for their own accounts.

Osburn and Cushing identified four die marriages for proofs. These were the product of mixing three obverse dies with a like number of reverses. A fifth die marriage was listed tentatively, as it was reported years ago by Walter Breen but was not available for study. Interestingly, some of the dies were later used for producing currency strikes dated 1840, while one of the reverses is known mated to obverse dies of 1841-54 proofs (excluding 1851 and 1853). The small number of proofs struck during those years made it possible for a die to last more than a decade, as long as it was coated with oil or wax between uses to prevent corrosion.

The certified populations of both NGC and PCGS almost certainly include duplicate submissions, as the total estimate of proof survivors is only about 25 pieces. No one disputes that gems are exceedingly rare.

GRADE SUMMARY

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Price Guide

Last Updated: 6/21/2019

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

1840 $1 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 12000 13000 19000 26000 42000 80000 - - - - -
$ - - - - - 12500 - - - - - - - -
1840 $1 PF CA
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - - 100000 - - - - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 24
Low Grade: 61
Average Grade: 63
High Grade: 65

The chart showing 61 series, 62 series, 63 series, 64 series, 65 series.
NGC CENSUS DETAIL Last Updated: 6/15/2021 1840 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------14963-----23
-----------------------
-----------------------
-----------------------
Total------------14963-----23
 ------------4%17%39%26%13%----- 
1840 $1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------------1------1
-----------------------
-----------------------
-----------------------
Total---------------1------1
 ---------------100%------ 

NGC Registry

NGC Registry Score 1840 $1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333293037224583504055826644734082479918108671166560245109696134561
33333339783194400947355220593668767642880410234111332785876728117984141289
0000003978319440094735522059366876764288041023411133278587672800
00000031954345842964887540162907108794493611055011399440519321200
1840 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333279735644398484153676400707779609588105151129458228106035134561
3333333934305238424545501657116625737185029897107742693874163115543141289
000000393430523842454550165711662573718502989710774269387416300
00000031865330841204693519160556851766590451020611034425839009900
Registry Image Gallery
Grade: PF 64
Points: 7960
Owner: mr cool
 
Grade: PF 64
Points: 7960
Owner: NW Collections
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.