This is an exceptionally well preserved, full Gem quality example of an early Liberty Seated half dollar issue that is rare even in lower Mint State grades. Boldly toned in mauve and sandy-gray patina, the surfaces radiate vibrant satin luster as well as subtle lilac-blue and pale pink undertones as the coin rotates under a light. The strike is razor sharp throughout, and an overall smooth texture readily upholds the validity of the coveted MS-65 rating from PCGS.The Small Letters reverse identifies this 1840 half dollar as a product of the Philadelphia Mint and, thereby distinguishes it from its New Orleans Mint counterpart (the Medium Letters, Large Eagle reverse -- produced without an O mintmark). WB-104 is the most visually dramatic variety of this issue, with especially bold repunching to the digits 18 in the date. Obtainable enough in low to mid-circulated grades, the 1840 is scarce in EF and AU, and rare to very rare in all Mint State grades. An exceptional Gem, the present example would do justice to the finest collection of Liberty Seated coinage.,,PCGS# 6234. NGC ID: 24GM.,PCGS Population: 7; 6 finer (all MS-66).,