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SERIES: Liberty Seated Quarters 1838-1891
LEVEL: Year, MintMark, & Major Variety

1840 25C Drapery (Proof)

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PCGS PR64+
PCGS #:
5529
Diameter:
24.30 millimeters
Designer:
Robert Ball Hughes/Christian Gobrecht
Weight:
6.74 grams
Edge:
Reeded
Mintage:
5
Metal Content:
90% Silver, 10% Copper
Auction Record:
$149,500 • NGC PR65 • 8-9-2007 • Heritage
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 3 R-9.8 2 / 22 TIE 4 / 54 TIE
60 or Better 3 R-9.8 2 / 22 TIE 4 / 54 TIE
65 or Better 0 R-10.1 1 / 22 1 / 54
Condition Census (Explain)
Pos Grade Thumbnail Pedigree and History
1 PR64+ PCGS grade

Louis Eliasberg, Sr. - Bowers & Merena 4/1997:1422 - Phil Kaufman Collection - Heritage 8/2007:1781, $149,500 - Greensboro Collection - Heritage 8/2013:5586, $99,889.10

1 PR64 estimated grade  

Allenburger Collection - B. Max Mehl 3/1948:984 - John Jay Pittman Collection - David Akers 5/1998:1300 - Superior 1/2004:284

2 PR63 estimated grade  

National Numismatic Collection at the Smithsonian Institution

Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 PR64+ PCGS grade

Louis Eliasberg, Sr. - Bowers & Merena 4/1997:1422 - Phil Kaufman Collection - Heritage 8/2007:1781, $149,500 - Greensboro Collection - Heritage 8/2013:5586, $99,889.10

1 PR64 estimated grade  

Allenburger Collection - B. Max Mehl 3/1948:984 - John Jay Pittman Collection - David Akers 5/1998:1300 - Superior 1/2004:284

2 PR63 estimated grade  

National Numismatic Collection at the Smithsonian Institution

Ron Guth: Only three examples are known of the Proof 1840 No Drapery Quarter.  The Pittman coin and the Eliasberg-Kaufman coin are probably about equal in terms of condition (the former is in an NGC PR65 holder; the latter is in a PCGS PR64+ holder).  The third example is a raw Proof in the Smithsonian Institution's collection.  This will be a tough coin for any collector to obtain, because the last appearance of the Pittman coin was in 2004 and the Eliasberg/Kaufman example sold in 2013 (and may finally be in strong hands).