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Coins Certified as of 6/27

My Coin #-39015

1840-O 25C Drapery MS60

CERTIFICATION#: -39015
PCGS#: 5398

Owner's Comments

Estimated grade. Sold by B. Max Mehl Jun '41 price realized $2.85

Expert Comments

Ron Guth: The 1840-O "With Drapery" Quarter had the lowest reported mintage of any Seated Liberty Quarter until 1864.  One would expect the 1840-O to be scarce, or at least worth as much as an 1864-S in comparable grades, but such is not the case.  The 1840-O seems to be readily available and it does not sell for much of a premium except in top grades.

The Mint engravers used two different mintmarks in this year: Small and Large (according to Briggs, the so-called Medium mintark is a misattribution and does not exist). 

The best examples of this year include a pair of Gem MS65s.

 

Diameter: 24.30 millimeters Designer: Robert Ball Hughes/Christian Gobrecht Edge: Reeded
Mintage: 43,000 Weight: 6.74 grams Metal Content: 90% Silver, 10% Copper
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Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 600 R-5.8 34 / 49 TIE 62 / 114 TIE
60 or Better 50 R-8.5 25 / 49 TIE 50 / 114 TIE
65 or Better 3 R-9.8 8 / 49 TIE 19 / 114 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS65 PCGS grade  
1 MS65 PCGS grade  
3 MS64 PCGS grade

Heritage 4/2014:5579 (as PCGS MS64 25327586), $35,250

3 MS64 PCGS grade
3 MS64 PCGS grade