Estimated grade. Ex. Allenburger; Mehl Sale (1948) Sold by David Akers Numismatics May '98 Price realized $30800
Only three examples are known of the Proof 1840 No Drapery Quarter. The Pittman coin and the Eliasberg-Kaufman coin are probably about equal in terms of condition (the former is in an NGC PR65 holder; the latter is in a PCGS PR64+ holder). The third example is a raw Proof in the Smithsonian Institution's collection. This will be a tough coin for any collector to obtain, because the last appearance of the Pittman coin was in 2004 and the Eliasberg/Kaufman example sold in 2013 (and may finally be in strong hands).
Louis Eliasberg, Sr. - Bowers & Merena 4/1997:1422 - Phil Kaufman Collection - Heritage 8/2007:1781, $149,500 - Greensboro Collection - Heritage 8/2013:5586, $99,889.10
Dr. Christian A. Allenburger Collection - B. Max Mehl 3/1948:984, $22 - John Jay Pittman Collection - David Akers 5/1998:1300, $30,800 - Superior 1/2004:284 - Legend Numismatics, sold privately on 1/2004 - Eugene H. Gardner Collection - Heritage 5/2015:98373, $54,050
National Numismatic Collection at the Smithsonian Institution