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

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
239 page views
Location: Detroit, MI
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
or Join (free & quick)
Price Guide
or Join (free & quick)
Population Guide
or Join (free & quick)
Find Auction Prices for Comparable Items:


No image available.

Open For Bidding
Coming Soon
sold in the last year
  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
Only 33 days left to consign to the 2015 September 16 - 21 US Coins Signature Auction - Long Beach!
Learn About Consigning With Us
HA stands head and shoulders above the rest.
Steve receives more traffic than any other auction house website. To compare for yourself, visit:
2015 June 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach
2015 June 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach
REALIZED $16,999,788
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
REALIZED $6,505,243
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191
You could win!
Take the Survey