Coins Certified as of 1/22

My Coin #07413957

1840-O H10C Drapery MS62

PCGS#: 4327

Owner's Comments

Expert Comments

Ron Guth: The 1840 Half Dime with Drapery has the lowest mintage of any of the Half Dime varieties of 1840.  Understandably, it is also the rarest and most valuable.  In Mint State, this major variety is extremely rare, with only three examples recorded in the PCGS CoinFacts Condition Census.  Even then, the finest example is only MS63.  In fact, the 1840-O Half Dime with Drapery, per the PCGS Population Report, has the lowest population in all grades than every other date, with the exception of the unique 1870-S.  Even the vaunted 1844-O shows nearly twice as many examples. 

The strike characteristics for the 1840-O Half Dime with Drapery include weakness on the upper left wreath and, sometimes, on the obverse denticles.  However, in this case, the rarity of the date trumps our normal advice to seek out a fully struck example.  Take whatever you can get.

Diameter: 15.90 millimeters Designer: Robert Ball Hughes/Christian Gobrecht Edge: Reeded
Mintage: 240,000 Weight: 1.34 grams Metal Content: 90% Silver, 10% Copper

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 100 R-8.0 1 / 36 2 / 79
60 or Better 4 R-9.8 1 / 36 TIE 2 / 79 TIE
65 or Better 0 R-10.1 1 / 36 1 / 79

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS64 PCGS grade  

Joseph O'Connor, sold privately in 2/2004 - Eugene H. Gardner Collection - Heritage 6/2014:30190 - Legend Rare Coin Auctions 12/2014:36, $23,500 - Heritage 2/2015:3053, not sold - Legend Rare Coin Auctions 9/2015:77, $31,725 - Heritage 6/2016:4367, $25,850

2 MS62+ PCGS grade
3 MS62 PCGS grade
3 MS62 estimated grade  
5 AU58 PCGS grade