Coin Specifications

Category: Seated Liberty Quarters (1838-1891)
Mint: New Orleans
Mintage: 43,000
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 6.6800g
ASW: 0.1933oz
Melt Value: $3.30 (10/17/2017)
Diameter: 24.3mm
Edge: Reeded
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1840 O DRAPERY 25C MS obverse 1840 O DRAPERY 25C MS reverse


  
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Description & Analysis

Despite its very small mintage, there are a reasonable number of Mint State survivors. These have come mostly from the buried hoard discovered during construction that took place in New Orleans during 1982. The coins from that source were mishandled in many instances, so gems remains extremely rare.

Most examples feature the Small O mintmark that continued on into 1841, the Large O variety being rare. That die was used previously for the 1840-O No Drapery issue.

GRADE SUMMARY

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Price Guide

Last Updated: 10/12/2016

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

1840 O DRAPERY 25C MS
  GVGFVFXF505355586061626364656667686970
Base $ 40.00 75.00 175 255 415 600 750 800 1100 1275 1550 2100 4450 7750 21400 - - - - -
$ - - - 825 - - - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 78
Low Grade: VG
Average Grade: 53
High Grade: 64


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/23/1998 PCGS MS 64   Heritage Auctions 1998 September Long Beach Bullet Sale #191, 191/Lot# 362 $3,190.00
6/19/2006 NGC MS 61   David Lawrence Rare Coins Internet Auction # 92, 97/Lot# 545 $1,380.00
7/10/2006 PCGS AU 55   Heritage Auctions 2006 July Dallas, TX On-Line Coin Session #411, 411/Lot# 7730 $690.00
11/2/2008 PCGS AU 50   Teletrade Auction 2606, 2606/Lot# 1592 $690.00
11/1/2013 NGC Details AU Details  Heritage Auctions 2013 November 1 - 3 US Coin Signature Auction - New York Session(5), 1191/Lot# 7551 $188.00
5/25/2014 NGC VF 25   Stack's Bowers iAuction 3483, 6032/Lot# 22218 $176.25
9/7/2014 PCGS   GreatCollections GreatCollections Coin Auctions 09/07/2014, 191/Lot# 163104 $1,000.00
3/27/2015 NGC MS 63   Stack's Bowers March 2015 Baltimore, 6065/Lot# 5409 $2,585.00


NGC Registry

NGC Registry Score 1840 O 25C MS DRAPERY Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base127147227351727108411981305153116651847195921132623361443386991992115487244263888342930
133173268476846112212331380157517251884201022832953385552227967117761846629245402320
0000001233138015751725188420102283295338555222796711776184662924500
0000001269145516201786192120612453328340966106894413631214463406400
1840 O 25C MS DRAPERY
 PrAgGVGFVF4045505355586061626364656667686970
Base115135209323680102111311233145015781753186020092501345941606737959115029237823797441952
121159247442793105711651305149216361788190921732820369250197688114031794628512393000
0000001165130514921636178819092173282036925019768811403179462851200
0000001199137715351694182419592337313939265878863913216208643324300
Registry Image Gallery
Grade: XF 45
Points: 1131
Owner: Fiddlehead
 
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