Coin Specifications

Category: Seated Liberty Half Dollars (1839-1891)
Mint: New Orleans
Catalog: KM-68
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 13.36g
ASW: 0.3866oz
Melt Value: $7.18 (8/25/2016)
Diameter: 30.6mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1840 (O) MED LETTERS 50C MS obverse 1840 (O) MED LETTERS 50C MS reverse


  
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Description & Analysis

A short quote from the WB reference helps explain this curious coin: 'Head dies of the Capped Bust half dollar design were sent to the New Orleans Branch Mint in 1839 along with companion tail dies of the Reich Eagle design. These tail dies had no mintmark as it was the practice in 1838 and 1839 to apply the mintmark (O) to the head dies sent to New Orleans. One such tail die with no mintmark was not used in 1839 and was reserved for use in 1840 when other used dies were canceled. Subsequent use of this die in 1840 a the New Orleans Branch Mint gave birth to this unique subtype which until recently was considered a pattern or regular issue of the Philadelphia Mint...In 1986, the authors diagnostically die linked the two 1840 obverses in these die pairings to identical 1840 obverses paired with reverses having the (O) mintmark. It should also be noted that all of the half dollars minted in New Orleans in 1840 had smaller diameters than corresponding Philadelphia half dollars.'

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 8/3/2016

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1840 (O) MED LETTERS 50C MS
  GVGFVFXF505355586061626364656667686970
Base $ 185 325 475 650 1350 1600 2150 2850 3300 4100 4600 6000 9400 18000 65000 37500 - - - -
$ - - - - - - - - - 23500 - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 47
Low Grade: G
Average Grade: 45
High Grade: 65


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/11/2012 NGC AU 50   Teletrade Auction 3292, 3292/Lot# 1510 $1,200.00
9/25/2013 NGC XF 45   Heritage Auctions 2013 September 25 - 29 US Coins Signature Auction - Long Beach Session(2), 1189/Lot# 3811 $1,410.00
4/1/2014 PCGS VF 30   Stack's Bowers March 2014 Baltimore Auction, 6008/Lot# 7765 $793.13
11/2/2014 PCGS VF 35   David Lawrence Rare Coins Internet Auction # 828, 837/Lot# 10303 $850.00
6/4/2015 NGC VF 30   Heritage Auctions 2015 June 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach Session(5), 1221/Lot# 7673 $1,292.50
5/31/2015 NGC Details AU Details  Heritage Auctions Internet Coin Auction Session(1), 131523/Lot# 23476 $1,292.50
6/14/2015 NGC VG 10   Heritage Auctions Internet Coin Auction Session(1), 131525/Lot# 27132 $329.00
7/9/2015 NGC VG 8   Heritage Auctions 2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN Session(4), 1222/Lot# 7395 $446.50
10/18/2015 PCGS VG 8   Heritage Auctions Internet Coin Auction Session(2), 131543/Lot# 27348 $329.00


NGC Registry

NGC Registry Score 1840 (O) MED LETTERS 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base50253969594912711821190721062401280730573447367541114992624873741174517224256403870745786
51459178010561454185019732204253628903187352338204405541166238831135712002929996410670
0000001973220425362890318735233820440554116623883113571200292999600
00000020402303267229743317359939664698582969991028815398228353435100
Registry Image Gallery
Grade: AU 50
Points: 2106
Owner: Texas Coin Hunter
 
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