1840 (O). Medium Letters (Reverse of 1838). PCGS graded EF-45. A scarce and curious issue, the 1840 Medium Letters half dollar variety was struck without a mintmark at the New Orleans Mint, using an old design reverse die originally intended for 1839-O Capped Bust Reeded Edge halves (the 1839-O has an obverse mintmark). Mottled lilac-gray and cordovan-brown toning has accumulated on this lightly marked and modestly circulated piece. Pop 15; 22 finer at PCGS. (PCGS # 6233) . Estimated Value $700 - 750. Categories: Seated Liberty Half Dollars
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