Most 1840-D quarter eagles are weakly struck and have below average surfaces.
Many examples exhibit major die cracks on both obverse and reverse.
Most coins of this date have no remaining luster, but a few coins exist with semi- prooflike luster and they are very rare. The eye appeal on the majority of the coins of this date is below average. There are less than 70 coins of this date surviving with only one Mint State coin known. One PCGS MS67 coin in perfect condition, sold last month 2. Three PCGS MS65's sold at auction in September 3.