1840-O H10C Drapery XF45 Certification #30772226, PCGS #4327

Expert Comments

Ron Guth

The 1840 Half Dime with Drapery has the lowest mintage of any of the Half Dime varieties of 1840.  Understandably, it is also the rarest and most valuable.  In Mint State, this major variety is extremely rare, with only three examples recorded in the PCGS CoinFacts Condition Census.  Even then, the finest example is only MS63.  In fact, the 1840-O Half Dime with Drapery, per the PCGS Population Report, has the lowest population in all grades than every other date, with the exception of the unique 1870-S.  Even the vaunted 1844-O shows nearly twice as many examples. 

The strike characteristics for the 1840-O Half Dime with Drapery include weakness on the upper left wreath and, sometimes, on the obverse denticles.  However, in this case, the rarity of the date trumps our normal advice to seek out a fully struck example.  Take whatever you can get.

PCGS #
4327
Designer
Robert Ball Hughes/Christian Gobrecht
Edge
Reeded
Diameter
15.90 millimeters
Weight
1.34 grams
Mintage
240000
Metal
90% Silver, 10% Copper
Pop Higher
30
Pop Lower
57
Region
The United States of America
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades
65 or Better 100 R-8.0 1 / 36 2 / 79
All Grades 4 R-9.8 1 / 36 TIE 2 / 79 TIE
60 or Better 0 R-10.1 1 / 36 1 / 79
65 or Better 100
All Grades 4
60 or Better 0
65 or Better R-8.0
All Grades R-9.8
60 or Better R-10.1
65 or Better 1 / 36
All Grades 1 / 36 TIE
60 or Better 1 / 36
65 or Better 2 / 79
All Grades 2 / 79 TIE
60 or Better 1 / 79

Condition Census Learn More

Pos Grade Thumbnail Pedigree and History
1 MS64 PCGS grade

Joseph O'Connor, sold privately in 2/2004 - Eugene H. Gardner Collection - Heritage 6/2014:30190 - Legend Rare Coin Auctions 12/2014:36, $23,500 - Heritage 2/2015:3053, not sold - Legend Rare Coin Auctions 9/2015:77, $31,725 - Heritage 6/2016:4367, $25,850

2 MS62+ PCGS grade MS62+ PCGS grade
3 MS62 PCGS grade PCGS #4327 (MS)     62
3 MS62 estimated grade
5 AU58 PCGS grade
#1 MS64 PCGS grade

Joseph O'Connor, sold privately in 2/2004 - Eugene H. Gardner Collection - Heritage 6/2014:30190 - Legend Rare Coin Auctions 12/2014:36, $23,500 - Heritage 2/2015:3053, not sold - Legend Rare Coin Auctions 9/2015:77, $31,725 - Heritage 6/2016:4367, $25,850

MS62+ PCGS grade #2 MS62+ PCGS grade
PCGS #4327 (MS)     62 #3 MS62 PCGS grade
#3 MS62 estimated grade
#5 AU58 PCGS grade