Owner's Comments

Mintage: 377,500
Obverse Dies: 1 Known

A modified Hughes effigy of Liberty occurred in late 1840 and is presently known as the With Drapery and Stars design group. This new portrait presents Liberty with an upright shield and broader body covered by flowing drapery. Additional fabric was added beneath Liberty's exposed right arm. The addition of the bulla to weigh down the drapery presents an important sighting point for variety attribution. Reverse modifications, though subtle, include larger denomination letters and open buds in the wreath.

Plate Coin: Fortin-101, Single Die Pair, Nice Luster Over Essentially Untoned Surfaces, A Duplicate to an NGC62 1840 WD Dime, Rare This Nice and in Grades of AU or Better

Expert Comments

Ron Guth

1840 was a transitional year in the Seated Liberty Dime series.  Early editions of the Dime were of the "No Drapery" type; later in the year, the design of Liberty was modified in both subtle and not-so-subtle ways.  The most obvious change was in the angle of the shield: on the No Drapery types, the shield is angled to the left; on the With Drapery types, the shield is perfectly vertical.  More subtle changes included a reshaping of the rock on the left side of the coin and the addition of extra folds of drapery beneath Liberty's left elbow (the viewer's right).  

The With Drapery type is approximately three times as rare as the No Drapery type and it is particularly rare in Mint State.  The few Mint State examples certified by PCGS fall in the MS62 to MS65 grade range.  The best example is the Gem Uncirculated Eliasberg coin; the most valuable in terms of auction appearances is the NGC MS64+* Newman example that sold in 2013 for $38,187.50.

Diameter
17.90 millimeters
Designer
Robert Ball Hughes/Christian Gobrecht
Edge
Reeded
Mintage
377500
Weight
2.67 grams
Metal Content
90% Silver, 10% Copper
Region
The United States of America
Pop Higher
10
Pop Lower
73
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates

Grades
65 or Better 200 R-7.0 1 / 34 TIE 5 / 122 TIE
All Grades 10 R-9.5 6 / 34 TIE 13 / 122 TIE
60 or Better 1 R-10.0 1 / 34 TIE 1 / 122 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS65 PCGS grade
1 MS65 estimated grade
3 MS64 PCGS grade MS64 PCGS grade
4 MS63 PCGS grade MS63 PCGS grade
4 MS63 PCGS grade