1840 10C No Drapery MS63 Certification #02768444, PCGS #4573

Owner's Comments

Mintage: 981,500
Obverse Dies: 7 Known

Seven different obverse dies are known for 1840 No Drapery coinage, including the Chin Whisker variety. For Obverse 6, date position is the only diagnostic for die identification. Look for a date that has a slight downward slope. Reverse F shows considerable weakness within the denomination letters ON of ONE.

Plate Coin: Fortin 106, Obverse 6, Lustrous White Coin, Bold Strike

Expert Comments

Ron Guth

1840 was another one of those transitional years 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 No Drapery type is approximately three times less common than the With Drapery type.  The No Drapery version is scarce in Mint State, but not enough to be called rare.  Most Mint State examples fall in the MS63 to MS64 grade range.  Gems are rare, with MS67 the highest grade at PCGS and MS68 the highest at NGC.

Diameter
17.90 millimeters
Designer
Thomas Sully/Christian Gobrecht
Edge
Reeded
Mintage
981500
Weight
2.67 grams
Metal Content
90% Silver, 10% Copper
Region
The United States of America
Pop Higher
44
Pop Lower
151
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates

Grades
65 or Better 700 R-5.6 5 / 7 68 / 122 TIE
All Grades 90 R-8.1 4 / 7 69 / 122
60 or Better 14 R-9.4 5 / 7 66 / 122

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade

Stack's/Bowers 11/2012:3075, $14,950

1 MS67 PCGS grade

Heritage 10/2001:5935 - Eugene H. Gardner Collection - Heritage 6/2014:30245, $11,162.50

1 MS67 estimated grade

Heritage 10/2006:697, $10,925

4 MS66 PCGS grade  
	PCGS #4573 (MS) 66

Heritage 7/2012:3385, $6,900

5 MS66 PCGS grade

Heritage 4/2013:1725, $7,931.25