1840-C Quarter Eagle: The 1840-C Quarter Eagle has the second lowest mintage of all four issues of 1840. With a total mintage of 12,822 it might come as a surprise to some that this issue is less difficult to find than, for example, the 1840 Philadelphia issue, which had a 50% higher mintage.

Furthermore, overall quality and eye-appeal of this early Charlotte issue is high, and it might have been possible that extra caution was taken in producing these pieces. Given the fact that this is the first year of issue of this design the relatively high survival rate (including a handful of uncirculated pieces) this is very well possible although somewhat unexpected for an early branch mint issue.

Despite the survival of a number of uncirculated specimens most 1840-C Quarter Eagles that now come to the market are found in well-circulated condition. Many of these have been cleaned over the years or otherwise have been impaired. Additionally, as many workers of the Mint were relatively inexperienced, some of the planchets show roughness on both sides.

On average, however, many pieces show good eye-appeal, and better striking characteristics than the issues that came in later years. A cautious buyer of an 1840-C quarter eagle, with some patience, should be able to find a piece with excellent eye-appeal and lasting value in the marketplace.