There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Lot
6510

1840-O 25C DRAPERY

1994 ANA Sale #122

 
Sold for: Sign-in or Join (free & quick)
‡Note: The owner placed a late bid on this unreserved lot and repurchased it, subject to applicable commission.
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Jul 28, 1994
Item Activity: 1 Internet/mail/phone bidders
192 page views
Location: Detroit, MI
Description:
PCGS 1840-O Drapery MS 63. Large O. Breen-3941, Bodine-5. The Large O 1840-O quarter is not only the rarest collectible Seated quarter, but it is also one of the most interesting coins in the series. For a detailed analysis of all the die peculiarities of this issue we refer the specialist to two works: The Gobrecht Journal, issue #36, July 1986; and The Comprehensive Encyclopedia of United States Liberty Seated Quarters, by Larry Briggs.
Properly stated the Large O quarter is a transitional issue. No Drapery quarters have narrow denticles and Drapery quarters have wide denticles. The Large O 1840-O has the new wide denticles on the obverse, but the reverse has both small and large denticles that overlap each other giving the appearance of diagonal "spurs" running off the second cut dentils. Also, the large O mintmark is found on the previously struck No Drapery issues, but does not reappear again until 1843.
Other diagnostics of this issue include a heavy die break from the rim through the left upright of the N in UNITED to the wing; die bulges are noted at the juncture of the right wing and shield and another at the lower right thigh and field area. On the reverse a small die crack develops on the dentils over D-S of UNITED STATES; all of which indicate a short die life.
Most known examples are in low grades with the finest piece known until this one being only XF 45. Only 16 Large O coins were verified in August of 1991 when Larry Briggs went to press with his encyclopedia on this series. One of the known examples is from the New Orleans hoard and the appearance of this coin suggests it also may have come from that group.
The surfaces are toned in rich shades of russet, gray, and maroon, deepening in hue toward the rims. The mint luster is heavily frosted, adding an underlying sheen that is most attractive. Well struck in most areas except, of course, where the die bulging is obvious on the reverse. This is the only mint state coin Large O 1840-O quarter known. Regarding this variety John McCloskey stated: "I believe that the variety has potential as a prized rarity in the quarter series and feel that this variety will be studied extensively by numismatists in the years ahead. And this variety sure has a lot to offer the scholar working to understand the production procedures used to strike our beautiful Seated coinage of the 19th century." (NGC ID# 23SJ, PCGS# 5398)

View large image(s) of this item

Service and Handling Description: (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:

No image available.

FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
888,301
bidder-members
$981,940,739
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Only 34 days left to consign to the 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando!
Learn About Consigning With Us
The catalogs are beautifully done and are a very valuable instrument for keeping up with what is happening in the coin world.
F.I. ,
Twin Lake, MI
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York
2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York
REALIZED $11,173,440
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
REALIZED $9,063,755
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,806,473