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SERIES: Liberty Seated Half Dimes 1837-1873
LEVEL: Year, MintMark, & Major Variety

1840 H10C No Drapery (Regular Strike)

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PCGS MS68

OBVERSE COMPARISON

PCGS MS67+
PCGS #:
4321
Diameter:
15.90 millimeters
Designer:
Christian Gobrecht
Weight:
1.34 grams
Edge:
Reeded
Mintage:
1,034,000
Metal Content:
90% Silver, 10% Copper
Auction Record:
$14,100 • PCGS MS67 • 6-1-2014 • Ira & Larry Goldberg
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Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 1,000 R-5.0 4 / 6 59 / 79 TIE
60 or Better 300 R-6.4 4 / 6 TIE 63 / 79 TIE
65 or Better 40 R-8.7 3 / 6 53 / 79 TIE
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS68 PCGS grade
2 MS67 PCGS grade  
2 MS67 PCGS grade  
2 MS67 PCGS grade  
2 MS67 PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS68 PCGS grade
2 MS67 PCGS grade  
2 MS67 PCGS grade  
2 MS67 PCGS grade  
2 MS67 PCGS grade  
2 MS67 PCGS grade  
2 MS67 estimated grade  
8 MS66 PCGS grade
8 MS66 PCGS grade  
8 MS66 PCGS grade  

Ron Guth: 1840 was a transitional year for half dimes.  The earliest versions were of the No Drapery type, which lacked the fold of drapery under Liberty's left arm (viewer's right).  Later versions showed a modified design, now with drapery, a redesigned rock, and an upright shield.  Of the two versions, the No Drapery is easily the most common. 

Close examination of the image shown above of the PCGS MS68 reveals a heavily cracked die which was about to break up into three larege chunks.  These breaks are not universal to 1840 No Drapery Half Dimes, but they add interest to this date.  Collectors will have little to no difficulty finding Mint State versions of this variety, as dozens have been certified in each of the MS62, MS63, and MS64 grades.