1840 25C Drapery (Proof)

Series: Liberty Seated Quarters 1838-1891

PCGS PR64+

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PCGS PR64+

PCGS #:: 5529

Designer:: Robert Ball Hughes/Christian Gobrecht

Edge:: Reeded

Diameter:: 24.30 millimeters

Weight:: 6.74 grams

Mintage:: 5

Mint:: Philadelphia

Metal:: 90% Silver, 10% Copper

Auction Record:: $149,500 • PR65 • 08-09-2007 • Heritage Auctions

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1840 25C Drapery

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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	3	R-9.8	2 / 22 TIE	4 / 54 TIE
60 or Better	3	R-9.8	2 / 22 TIE	4 / 54 TIE
65 or Better	0	R-10.1	1 / 22	1 / 54

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

Numismatic Rarity
All Grades	R-9.8
60 or Better	R-9.8
65 or Better	R-10.1

Relative Rarity By Type All Specs in this Type
All Grades	2 / 22 TIE
60 or Better	2 / 22 TIE
65 or Better	1 / 22

Relative Rarity By Series All Specs in this Series
All Grades	4 / 54 TIE
60 or Better	4 / 54 TIE
65 or Better	1 / 54

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	PR64+ PCGS grade	Louis E. Eliasberg, Sr. Collection - Bowers & Merena 4/1997:1422, $25,300 - Phil Kaufman Collection - Heritage 8/2007:1781, $149,500 - Greensboro Collection, Part IV - Heritage 8/2013:5586, $99,889 - D.L. Hansen Collection
1	PR64 estimated grade	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
2	PR63 estimated grade	National Numismatic Collection at the Smithsonian Institution

#1 PR64+ PCGS grade

Louis E. Eliasberg, Sr. Collection - Bowers & Merena 4/1997:1422, $25,300 - Phil Kaufman Collection - Heritage 8/2007:1781, $149,500 - Greensboro Collection, Part IV - Heritage 8/2013:5586, $99,889 - D.L. Hansen Collection

#1 PR64 estimated grade

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

#2 PR63 estimated grade

National Numismatic Collection at the Smithsonian Institution

Ron Guth:

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).