1940 25C MS67+ Certification #29419238, PCGS #5811
The 1940 is fairly common in Gem condition. There are many frosty white Gems. Though it can be said that the 1940 is rarer than the 1941, 1943, 1944, and 1945.
90% Silver, 10% Copper
The United States of America
Auctions - PCGS Graded
Auctions - NGC Graded