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Auction 1341 | Lot 4701 » Half Eagles » Liberty Half Eagles
1840 $5 MS65+ PCGS. CAC. (PCGS# 8194)
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Grade MS65+

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Jan 14, 2022

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Sold For: $240,000.00
Auction 412 | Lot 1853 » Half Eagles » Liberty Half Eagles
1840 $5 MS65 NGC. Ex: Pittman. Diameter: 22.3 mm. An amazing example of the Broad Mill or Large Diameter coinage, with a pedigree to match. The diameter is within the tolerance for the older Classic Head standard of 22.5 mm. During the year, standard diameter was reduced to 21.6 mm., after which the narrow mill coins were minted. The newly reduced diameter remained standard for the rest of the half eagle series through 1929. The Philadelphia Mint produced 137,382 half eagles during the year, although the distribution between the two varieties is not specifically known. Eventually, it may be the case that population data from the grading service might be a good indicator of production percentages. For example, NGC has certified a total of 35 examples of this date that have been properly attributed (along with 204 unattributed examples). Of those 35 pieces so identified, 25 are the broad mill coins and 10 are the narrow mill coins. These totals approximate 70% and 30% respectively, suggesting that not quite 100,000 of these were the broad mill coins.

The two finest examples of this type that we know of are this coin, and the Mills-Clapp-Eliasberg example. This is the only Gem 1840 half eagle certified by PCGS, and is accompanied by similar MS65 grading label from NGC. Regardless of the population data currently reported, we believe this Gem example is the second finest known. We are in full agreement with David Akers' description of this coin: "Very sharply struck with full mint luster, a broad inner border, and gorgeous copper tinged yellow gold color. There are traces of a prooflike surface around the head of Liberty, and light striations throughout the fields running diagonally from upper left to lower right. A few light contact marks and abrasions are noted in the fields, none serious. There are what appear to be light file marks on the broad border and rim from the 1st to 3rd stars, and also from the 9th to the 12th stars. It is difficult to say for sure, but perhaps the edg (PCGS# 8194)
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Grade MS65

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Mar 4, 2006

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Sold For: $43,125.00
Auction 1383 | Lot 3096 » Half Eagles » Liberty Half Eagles
1840 $5 MS63 PCGS. (PCGS# 8194)

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Grade MS63

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May 4, 2025

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Sold For: $13,200.00
Auction 116 | Lot 776 » Half Eagles » Liberty Half Eagles
PCGS 1840 MS 63. Narrow Mill. While not a rare coin in the absolute sense, with lower grade specimens always being available... (PCGS# 8194)
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Mar 5, 1994

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Sold For: $7,975.00
Auction 1219 | Lot 6183 » Half Eagles » Liberty Half Eagles
1840 $5 Narrow Mill MS63 NGC. (PCGS# 8194)
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Apr 26, 2015

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Sold For: $7,637.50
Auction 318 | Lot 7273 » Half Eagles » Liberty Half Eagles
1840 $5 Narrow Mill MS63 PCGS. A generally bold strike with rich lemon-gold color along with a pleasing mixture of cartwheel and semi-reflective luster. A number of modest abrasions are scattered over the fields and on the portrait of Liberty. Early Coronet Fives this nice are rarely encountered. Population: 3 in 63, 0 finer (1/03). (PCGS# 8194)
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May 3, 2003

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Sold For: $6,900.00
Auction 1387 | Lot 3283 » Half Eagles » Liberty Half Eagles
1840 $5 Broad Mill MS61 NGC. (PCGS# 8194)

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Grade MS61

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Nov 14, 2025

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Sold For: $5,280.00

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Auction 1183 | Lot 4218 » Half Eagles » Liberty Half Eagles
1840 $5 Narrow Mill MS61 PCGS. CAC. (PCGS# 8194)
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Mar 24, 2013

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Sold For: $4,993.75
Auction 1256 | Lot 3829 » Half Eagles » Liberty Half Eagles
1840 $5 Narrow Mill MS62 PCGS. (PCGS# 8194)
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Jun 11, 2017

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Sold For: $4,700.00
Auction 334 | Lot 7475 » Half Eagles » Liberty Half Eagles
1840 $5 Narrow Mill MS62 PCGS. While not a rare coin in the absolute sense, with lower grade specimens always being available, in Mint State condition, the 1840 is a significant coin and well worth the attention of specialists. The strike on this piece is noteworthy with all the details fully brought up including the characteristically weak eagle's left leg. The fields show die striations which have in turn imparted a bright semi-prooflikeness to each side. There is a number of small abrasions in the fields that limit the grade, but none that deserve singular mention. Population: 2 in 62, 3 finer (10/03). (PCGS# 8194)
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Nov 10, 2003

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Sold For: $4,025.00
Auction 422 | Lot 5824 » Half Eagles » Liberty Half Eagles
1840 $5 Narrow Mill MS62 NGC. A pretty yellow-gold example with some light abrasions and field chatter consistent with the MS62 grade, but also boasting much prooflikeness in the fields. While the Broad Mill variety is the more elusive of the two, any 1840 half eagle is rare and elusive in Mint State. Examples are much more frequently found in AU condition. Census: 4 in 62, 5 finer (10/06). (PCGS# 8194)
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Jan 6, 2007

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Auction 1114 | Lot 2987 » Half Eagles » Liberty Half Eagles
1840 $5 Narrow Mill MS61 PCGS. (PCGS# 8194)
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Aug 3, 2008

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Sold For: $4,025.00
Auction 360 | Lot 8964 » Half Eagles » Liberty Half Eagles
1840 $5 Narrow Mill MS61 NGC. Well struck for this early date, with the stars fully detailed and slight weakness of strike only on the arrow feathers. The peripheries have flashy luster, and the lightly abraded fields have no singularly detracting abrasions. Population: 9 in 61, 9 finer (11/04).
Ex: Heritage (1/02), lot 8112.
From The Richard J. Chouinard Collection of United States Coins, Part One. (PCGS# 8194)
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Jan 15, 2005

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Sold For: $3,680.00
Auction 267 | Lot 7772 » Half Eagles » Liberty Half Eagles
1840 $5 MS61 PCGS. The fields appear to glow against the subdued designs on this bright specimen. There is an inconsequential light vertical scratch on the face, and field marks left of the eagle's head. This scarce issue is seldom encountered above XF. Population: 6 in 61, 3 finer (6/01). (PCGS# 8194)
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Aug 11, 2001

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Sold For: $3,220.00
Auction 199 | Lot 6647 » Half Eagles » Liberty Half Eagles
1840 MS 61 NGC. Narrow Mill. Bright golden-green surfaces and well defined in almost every area, the only exceptions being on the hair curls above Liberty's brow and the fletchings of the arrow. Numerous small abrasions and a general lackluster appearance account for the grade, but the fields are bright and semi-reflective, as sometimes found. Population: 4 in 61, 7 finer (11/98). (PCGS# 8194)
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Mar 16, 1999

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Sold For: $3,105.00
Auction 169 | Lot 6359 » Half Eagles » Liberty Half Eagles
1840 MS 61 PCGS. Narrow Mill. While not a rare coin in the absolute sense, with lower grade specimens always being available, in mint condition the 1840 is a significant coin and well worth the attention of specialists. The strike on this piece is noteworthy with all the details fully brought up. The fields show die striations which have in turn imparted a bright semi-prooflikeness to each side. There are a number of small abrasions in the fields but none deserve individual mention, a small alloy spot is noted at 5 o'clock on the obverse. Population: 1 in 61, only 3 finer (1/97). (PCGS# 8194)
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Mar 25, 1997

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Sold For: $2,875.00
Auction 121 | Lot 515 » Half Eagles » Liberty Half Eagles
PCGS 1840 MS 60. Narrow Mill. The more common of the two milling varieties of this year, yet, in mint state the Narrow Mill ... (PCGS# 8194)
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Jul 26, 1994

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Sold For: $2,860.00
Auction 1169 | Lot 6573 » Half Eagles » Liberty Half Eagles
1840 $5 Narrow Mill AU58 PCGS. CAC. (PCGS# 8194)
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Apr 22, 2012

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Sold For: $2,760.00
Auction 230 | Lot 7560 » Half Eagles » Liberty Half Eagles
1840 $5 Narrow Mill MS 61 PCGS. Similar in rarity to the 1839, the 1840 is a scarce and undeservedly overlooked issue in Mint State. This is a remarkably attractive coin for the grade whose richly colored, orange-gold surfaces are free of individually distracting bagmarks. Both sides do, however, show an overall scuffy appearance, but the sharply struck devices and modest prooflike finish provide pleasing overall eye appeal. A lovely and original BU example.
From the Willow Grove Collection. (PCGS# 8194)
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Jun 13, 2000

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Sold For: $2,645.00
Auction 1225 | Lot 5113 » Half Eagles » Liberty Half Eagles
1840 $5 Narrow Mill AU58 PCGS Secure. (PCGS# 8194)
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Grade AU58

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Oct 30, 2015

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Sold For: $2,585.00
Auction 407 | Lot 1188 » Half Eagles » Liberty Half Eagles
1840 $5 Broad Mill AU58 PCGS. Much scarcer than the Narrow Mill variety, the 1840 Broad Mill is a transitional issue. It has the wide rims of the 1839 issue, and the modified portrait of Liberty that first appeared in 1840. Although rub on the eyebrow, neck, and chin denies an Uncirculated grade, this bold example has no displeasing abrasions. Glimmers of original prooflike finish sparkle in the fields under a modest assortment of tiny bagmarks. Bright yellow-golden color overall. (PCGS# 8194)
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Jul 8, 2006

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Sold For: $2,530.00
Auction 208 | Lot 7971 » Half Eagles » Liberty Half Eagles
1840 AU 50 ANACS. Narrow Mill. Sharply struck with scattered field marks and a pleasing mixture of green-gold and reddish color. The more common of the two varieties of the year, the Narrow Mill is, nevertheless, a scarce coin above XF. (PCGS# 8194)
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Aug 16, 1999

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Sold For: $2,530.00
Auction 199 | Lot 5260 » Half Eagles » Liberty Half Eagles
1840 MS 62. Narrow Mill. The more common of the two milling varieties of this year; yet, in mint state the Narrow Mill is a very elusive coin with only a handful of pieces known. This piece is fully lustrous, but consistent with the grade as there are several small to moderate sized abrasions on each side. Striking details are uniformly high with only the eagle's neck and the feathers on the arrow showing any softness. (PCGS# 8194)
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Mar 16, 1999

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Sold For: $2,530.00
Auction 1129 | Lot 1565 » Half Eagles » Liberty Half Eagles
1840 $5 Broad Mill AU58 NGC. (PCGS# 8194)
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Grade AU58

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Sep 13, 2009

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Sold For: $2,530.00
Auction 1348 | Lot 4877 » Half Eagles » Liberty Half Eagles
1840 $5 Small Diameter AU58 NGC. CAC. (PCGS# 8194)
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Grade AU58

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Aug 28, 2022

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Sold For: $2,400.00

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