The 1792 half disme (or "half dime") was an American silver coin with a face value of five cents. The Flowing Hair Half Dime is found with only two dates, which were actually both struck in a single year. Although it was an experimental issue, which President George Washington referred to as "a small beginning," many of the coins eventually were released into circulation. Trying to figure out the most historic coin in the history of the United States is a significant challenge. Birch Half Disme 1792 . The population profile is similar to that of the silver half disme. “The Rittenhouse 1792 Half Disme is a small coin with huge historical significance,” said Brian Hendelson, President of Classic Coin Company. 1792 Silver Half Disme. Why do I believe that the 1792 half disme was the first U.S. coin? 1792 Half Disme Born of the idea that man’s destiny was largely the result of his own effort and imagination, the United States of 1792 had grown to fourteen states with the addition, in 1791, of Vermont. However, evidence proves that some were used in circulation. The bill provided for gold coins designated as eagles, half eagles and quarter eagles ($10, $5 and $2.50); silver coins of a dollar, half dollar, quarter dollar, disme and half disme as well as copper cents and half cents. 1792 H10C Half Disme -- Plugged, Scratches -- NGC. Reverse: UNI. 1792 Silver Half Disme Dime NGC XF Details Tooled H10C Certified Coin - JC146X. 1792 … Bust Half Dime (1792) - Coins for sale on Collectors Corner, The Collectibles Marketplace, where you can buy safely from the world's top Coins dealers. Most of them are WELL circulated in low grades. $8,650.00. As the prototype five-cent piece, the half disme was replaced in 1794 by the first regular issue half dime, the Flowing Hair type. The 1792 Half Disme is a historic numismatic rarity that ushered in the production of coinage for the United States of America. A number of different pattern coins were struck by the U.S. in 1792, but the half disme is the only one that was produced in large enough quantity to be considered a regular issue. That is according to common folklore. It looked to be in Choice EF to me. PCGS graded MS-64 PQ. VF-20: 18212.5000: Heritage Auctions: 5546: NGC Details: 1792 H10C Half Disme, Judd-7, Pollock-7 -- Holed, Plugged -- PCGS Genuine. 1792 Half Disme Birch Liberty Head. The army, of about 5,000 men, was fighting Indians in the Northwest Territory. George Washington gave many as gifts. or Best Offer. The mintage of 1,500 to 1,800 was too high to call this coin a pattern. PCGS is not responsible for the accuracy or authenticity of Ebay listings. 1792 Half Disme. These pieces were the smallest silver coins authorized by the Mint Act of 1792. Half Dime (1792) The half disme (pronounced "deem") was one of the first coins to be produced by the newly created US Mint. This historical connection is sure to make these coins even more desirable well into the future. Operations began with the experimental issue of the disme and half disme. I have three reasons. The 1792 half disme (pronounced dime) was an American silver coin with a face value of five cents.Although it is subject to debate as to whether this was intended to be circulating coinage or instead an experimental issue, President George Washington referred to it as "a small beginning" and many of the coins eventually were released into circulation. NGC is the "grading service of choice" of the ANA (American Numismatic Association), the largest collector oriented organization in the United States. 1792 Half Disme Pattern The smallest silver denomination authorized under the Coinage Act of April 2, 1792 was the half dime, or half disme. Just over a year later, the Morris Bill was drafted, detailing the framework of the American coinage system. Common sense therefore says that the coins were struck on the first floor. Free shipping. Alexander Hamilton was ordered by Congress, on April 15, 1790, to establish a Mint for our new country. In 1792 this meant basement or first floor and it would have been pointless, for example, to carry a coining press weighing several hundred pounds down a narrow staircase. The coins were first produced in February or March 1795, from dies dated 1794. The first examples of the denomination were struck in 1792 from silver that is said to have been deposited by George Washington. At least 1,500 half dismes struck in 1792, which would technically make them the first business strike coin to be minted by the Mint. Just over a year later, the Morris Bill was drafted, detailing the framework of the American coinage system. The 1792 Half Disme’s mythical status is now based on solid numismatic research. Patterns are usually made in small quantities to test a new design. LOT 1001 1792 Half Disme. The Half Dismes were the first coins struck under authority of the 1788 United States Constitution and the first struck by authority of Congress under the April 1792 Mint Act. The 1792 half disme he had seemed a bit high for the price. 37 watching. The 1792 Half Disme’s mythical status is now based on solid numismatic research. The half disme was struck under the guidance of newly hired Mint personnel at this private facility. The army, of about 5,000 men, was fighting Indians in the Northwest Territory. $76,000.00. Around 250 are known to exist today. 1792 H10C Half Disme, Judd-7, Pollock-7, R.4, VF25 PCGS Secure. Secretary of State Thomas Jefferson recorded receiving 1500 of these coins from there. The true story of the 1792 Half Disme has only recently been revealed. STATES OF AMERICA HALF / DISME [with star below] Weight: 20.4 g (1.32 grams) Diameter: 1.73 mm. Half disme definition is - a silver 5-cent coin struck in 1792. The United States Launches a New National Coinage. So if you said Washington was the first real person on a U.S. coin you may have been right. Thanks to new research by Pete Smith, Joel J. Orosz and Leonard Augsburger, published in 1792: Birth of a Nation's Coinage, we now know that Thomas Jefferson, not President Washington, was central to Half Disme … 1795 FLOWING HAIR H10C NGC MS 63+ $16,800.00. But, common folklore say that the portrait on the 1792 half disme is that of First Lady Martha Washington. High on the list is the 1792 half disme, which was not made inside the United States Mint. This exciting virtual Gem example of the first silver coin of the new United States boasts deep blue toning with enticing gold highlights that bathes both sides in the gunmetal splendor of antique silver. 1792 was a busy year for American numismatics — Congress established the United States Mint in Philadelphia, approved a Mint Director, purchased a plot of land, erected a building, hired employees and began experimenting with coin designs. Even before the end of the American Revolution, Congress had discussions about how to provide a coinage for the new United States. The 1792 Half Disme (Buy on eBay) (pronounced “deem,” which later evolved into the modern pronunciation of dime) has the honor of being the very first coin struck by the United States government. Based on the findings above, these coins once passed though the hands of Thomas Jefferson. Tales from the Vault | ANA Official Post | Benstheman. The $150,000 price seemed about right. Born of the idea that man s destiny was largely the result of his own effort and imagination, the United States of 1792 had grown to fourteen states with the addition, in 1791, of Vermont. There are about 1500 of them that were made, many of which made into circulation. The underlying surfaces are glossy, lustrous, and semi-reflective. Obverse: LIB. A few examples of the 1792 Half Disme are known in amazing Gem condition. As the story goes, some of the coins were struck using melted-down silverware from the Washington household. 1792 Half Disme, Judd-7, Pollock-7, Logan-McCloskey-1, Rarity-4, NGC MS-64. Back in the early 1980s, those were selling for $5 to $6 thousand. Fewer than 20 examples are traced, similar to the Getz silver half dollars of the same year. Comments: These coins were made with a beaded border and a diagonally reeded edge. 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