PCGS No: 5397

Mintage:
Circulation strikes: 188,127
Proofs: estimated 5

Designer: Obverse by Thomas Sully, executed by Christian Gobrecht, modified by Robert Ball Hughes; Reverse by Christian Gobrecht

Diameter: 24.3 millimeters

Metal Content:
Silver - 90%
Copper - 10%

Weight: 103.1 grains (6.7 grams)

Edge: Reeded

Mintmark: None (for Philadelphia, PA) below the eagle on the reverse

Images courtesy of Superior Galleries

Significant examples:

Recent appearances:
NGC MS-65 (illustrated above).  Ex - Superior Galleries' "Pre-Long Beach Sale", October 1-3, 2000, Lot 3149, where it was described as follows: "1840 With Drapery NGC MS65 Blazing original and silvery with luster, the fields and devices impeccable. For a Seated Quarter struck in 1840 this is remarkable condition, really remarkable, since the few known are unusually toned or dull, or have lackluster luster. This has truly "lustrous" luster -- and best of all, is a real eye-popper all things considered. Only two certified by PCGS and this lone NGC in Mint State 65, there being none higher. (In holder number 554987-001)."

PCGS MS-65.  Ex - Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part III", May 21, 2001, Lot 1434, illustrated, sold for $9,200.00  From Superior's sale of the Rasmussen Collection, February 1998, Lot 2005

Brilliant Uncirculated.  Ex - Stack's "65th Anniversary Sale", October 17-19, 2000, Lot 703, "Drapery", not plated, sold for $241.50

Choice About Uncirculated.  Ex - Stack's "65th Anniversary Sale", October 17-19, 2000, Lot 704, "Drapery, Briggs 1-A", not plated, sold for  $126.50

Varieties:

Notes:
The finest Uncirculated examples graded by PCGS are 2 MS-65's.

Sources and/or recommended reading:
"The PCGS Population Report, July 2003" by The Professional Coin Grading Service