1840 Liberty Seated Half Dollar. WB-4. Rarity-4. Small Letters (a.k.a. Reverse of 1839). MS-62 (PCGS). OGH.Charming satin to softly frosted surfaces are dusted with sandy-gold and antique silver iridescence, warmer steel gray highlights scattered about the peripheries. Striking detail is full in virtually all areas, and the in hand appearance is uncommonly smooth for the assigned grade. Not all that far from Choice Mint State quality, in fact, this is a highly desirable example of a brief design type from earliest years of Liberty Seated half dollar production. Struck from a sharp early reverse die state, the eagles head is well defined and there is no bisecting crack.From the E. Horatio Morgan Collection.