1840 (O) Seated Liberty Dime - No Drapery
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$46,000 MS65 09-01-2008 Bowers & Merena
Description
The 1840 (O) Seated Liberty Dime - No Drapery is a dime produced at the New Orleans Mint as part of the Seated Liberty Dimes 1837-1891 series. The U.S. Mint produced 1.2 million examples, making this the highest mintage among 3 variants, accounting for 46% of the year's production. The obverse features Liberty seated on a rock, holding a pole surmounted by a Phrygian liberty cap in her left hand and a shield inscribed LIBERTY in her right and the reverse displays an agricultural wreath enclosing the denomination (through 1859) or a wreath enclosing ONE DIME with the inscription UNITED STATES OF AMERICA (1860-1891). Minted during the age of Jacksonian democracy and the rise of the common man, as new branch mints opened in Charlotte, Dahlonega, and New Orleans. Struck at the New Orleans Mint, which operated from 1838 to 1909 and produced coins prized for their historical Southern provenance. Estimated market value ranges from $78 to $18K depending on grade and condition. Struck in 90% silver, 10% copper, weighing 2.67 grams, 17.9 mm in diameter, with a reeded edge. Cataloged as PCGS #4574.
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