Mintage: 377,500                                                                     Proofs: None

Scarcity: A difficult date to locate in any grade and rare in EF or better.  In Mint State, this date is very 
underrated as few examples are known.
 
Updated Greer Rarity Ratings
Overall Rarity: G-VG R3-, F-VF R3+, EF-AU R5-, MS R7
    
Comments: First year of Hughes obverse design and new Open Bud reverse hub.  This date usually comes softly 
struck at the head and bow knot with fully struck examples being highly prized.  Only one die pair is known 
at this time.  However the reported mintage of 377,500 pieces could suggest a second set of dies as Variety 101 
is not seen with heavy die wear or die cracks.  Given this date's scarcity, one would question whether the 
mintage may be overstated and/or may account for some 1840 No Drapery coinage.
  
                             Value As A Date (Coin World Trends/CoinValues)

1840 With Drapery Date Gallery

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