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

1840-O H10C No Drapery (Regular Strike)

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PCGS MS65

OBVERSE COMPARISON

PCGS MS64
PCGS #:
4322
Diameter:
15.90 millimeters
Designer:
Robert Ball Hughes/Christian Gobrecht
Weight:
1.34 grams
Edge:
Reeded
Mintage:
695,000
Metal Content:
90% Silver, 10% Copper
Auction Record:
$18,213 • NGC MS66 • 6-23-2014 • Heritage
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 250 R-6.6 2 / 6 14 / 79 TIE
60 or Better 20 R-9.1 1 / 6 6 / 79 TIE
65 or Better 0 R-10.1 1 / 6 1 / 79
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS65 estimated grade  

John Hamrick, sold privately in 4/2008 - Eugene H. Gardner Collection - Heritage 6/2014:30188

2 MS64 PCGS grade
2 MS64 PCGS grade  
2 MS64 PCGS grade  
2 MS64 PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS65 estimated grade  

John Hamrick, sold privately in 4/2008 - Eugene H. Gardner Collection - Heritage 6/2014:30188

2 MS64 PCGS grade
2 MS64 PCGS grade  
2 MS64 PCGS grade  
2 MS64 PCGS grade  
2 MS64 estimated grade  
7 MS63 PCGS grade  
7 MS63 PCGS grade  
7 MS63 PCGS grade  
7 MS63 PCGS grade  

Ron Guth: The 1840-O No Drapery Half Dime is considerably more rare than the mintage indicates.  No other date in the No Drapery Half Dime series is harder to find in Mint State (the closest competitor for that distinction is a fellow O-Mint half dime, the 1839-O).  Perhaps the cause of this can be laid at the feet of the New Orleans Mint.  What few collectors existed in America in 1840 cared little for mintmarks, so the vast majority of the coins went into (and stayed in) circulation.  Fortunately, a few Mint State examples were saved, but their number is tiny, probably on the order of less than two dozen total, and the finest of those is no better than MS64.