1840-O 25C Drapery (Regular Strike)

Series: Liberty Seated Quarters 1838-1891

PCGS MS65

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PCGS MS64

PCGS #:: 5398

Designer:: Robert Ball Hughes/Christian Gobrecht

Edge:: Reeded

Diameter:: 24.30 millimeters

Weight:: 6.74 grams

Mintage:: 43,000

Mint:: New Orleans

Metal:: 90% Silver, 10% Copper

Auction Record:: $23,575 • MS65 • 06-23-2004 • Stack's/ANR

ShowHide Related Coins and Varieties (2)

Major Varieties

1840-O 25C Drapery

Die Varieties

1840-O 25C Drapery, Large O, FS-501

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PCGS Population

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For Sale Now at Collectors Corner - PCGS Graded

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Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
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

Survival Estimate
All Grades	600
60 or Better	50
65 or Better	3

Numismatic Rarity
All Grades	R-5.8
60 or Better	R-8.5
65 or Better	R-9.8

Relative Rarity By Type All Specs in this Type
All Grades	34 / 49 TIE
60 or Better	25 / 49 TIE
65 or Better	8 / 49 TIE

Relative Rarity By Series All Specs in this Series
All Grades	62 / 114 TIE
60 or Better	50 / 114 TIE
65 or Better	19 / 114 TIE

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	MS65 PCGS grade	Stack's/ANR 6/2004:2699, $23,575 - Eugene H. Gardner Collection, Part III - Heritage 5/2015:98331, $16,450
1	MS65 PCGS grade
3	MS64 PCGS grade	Heritage 1/2014:5213, $29,375 - Heritage 4/2014:5579, $35,250 - Heritage 1/2015:4086, not sold - Heritage 4/2016:4616, not sold - Heritage 11/2016:5223, not sold - Heritage 8/2017:3942, $19,975 - Heritage 4/2018:4239, $18,600
3	MS64 PCGS grade	Christopher Young Collection - Heritage 1/2007:2902, $4,025 - Heritage 4/2014:4216, $8,225 - Heritage 11/2014:3671, $7,050 - Heritage 4/2015:4104, $5,405
3	MS64 PCGS grade
3	MS64 PCGS grade
3	MS64 PCGS grade
3	MS64 PCGS grade
3	MS64 PCGS grade
3	MS64 PCGS grade

#1 MS65 PCGS grade

Stack's/ANR 6/2004:2699, $23,575 - Eugene H. Gardner Collection, Part III - Heritage 5/2015:98331, $16,450

#1 MS65 PCGS grade

#3 MS64 PCGS grade

Heritage 1/2014:5213, $29,375 - Heritage 4/2014:5579, $35,250 - Heritage 1/2015:4086, not sold - Heritage 4/2016:4616, not sold - Heritage 11/2016:5223, not sold - Heritage 8/2017:3942, $19,975 - Heritage 4/2018:4239, $18,600

#3 MS64 PCGS grade

Christopher Young Collection - Heritage 1/2007:2902, $4,025 - Heritage 4/2014:4216, $8,225 - Heritage 11/2014:3671, $7,050 - Heritage 4/2015:4104, $5,405

#3 MS64 PCGS grade

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.