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Description

1840-O No Drapery Dime, MS64
Rare in Mint State

1840-O 10C No Drapery, Small O, F-109a, R.4, MS64 PCGS. In 1840, the Mint transitioned from the No Drapery Seated Liberty obverse to the With Drapery rendition. Dime coinage at Philadelphia was split between the two types, but With Drapery dies did not arrive in New Orleans in time to make the transition in 1840. All 1.175 million O-mint dimes struck show the original No Drapery figure. Nonetheless, the 1840-O is the rarest of the No Drapery, With Stars issues in Mint State. In more than two decades, we have offered an Uncirculated example on only 10 different occasions and mostly in MS62 or lower grades. This is only the second Choice piece to appear in our auctions. The first MS64 offering was the Gardner coin (Heritage, 6/2014), lot 30246, which realized $28,200.

This piece is visually comparable and technically equal to that example. The strike is boldly rendered, and the satiny surfaces yield soft olive-gold, lavender-gray, and russet toning. No significant abrasions are observed, and the eye appeal is pleasing. A genuine rarity in any Mint State grade and extremely rare this fine. Population: 3 in 64, 1 finer (12/15).

Coin Index Numbers: (Variety PCGS# 537743, Base PCGS# 4574)

Weight: 2.67 grams

Metal: 90% Silver, 10% Copper


View Certification Details from PCGS

Auction Info

Auction Dates
February, 2016
4th-7th Thursday-Sunday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 823

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

Sold on Feb 4, 2016 for: $18,212.50
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