American Numismatic Rarities 6/2004:2699, $23,575 - Eugene H. Gardner Collection - Heritage 5/2015:98331, $16,450
Heritage 1/2014:5213, $29,375 - Heritage 4/2014:5579, $35,250 - Heritage 1/7/2015:4086, not sold - Heritage 4/2016:4616, $25,850 - Heritage 11/2016:5223, not sold
The 1840-O "With Drapery" Quarter had the lowest reported mintage of any Seated Liberty Quarter until 1864. One would expect the 1840-O to be scarce, or at least worth as much as an 1864-S in comparable grades, but such is not the case. The 1840-O seems to be readily available and it does not sell for much of a premium except in top grades.
The Mint engravers used two different mintmarks in this year: Small and Large (according to Briggs, the so-called Medium mintark is a misattribution and does not exist).
The best examples of this year include a pair of Gem MS65s.
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