Comments: These coins were made with a beaded border and a diagonally reeded edge. Reverse: UNI. 1792 … [below bust is the date1792]. 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. Obverse: “LIB . As the story goes, some of the coins were struck using melted-down silverware from the Washington household. 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. Back in the early 1980s, those were selling for $5 to $6 thousand. A most impressive example of this tiny silver coin that is loaded with history, legend, and allure. The true story of the 1792 Half Disme has only recently been revealed. PCGS graded MS-64 PQ. 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 underlying surfaces are glossy, lustrous, and semi-reflective. All but about 20 of the surviving 200 to 300 piece are circulated. But, common folklore say that the portrait on the 1792 half disme is that of First Lady Martha Washington. Why do I believe that the 1792 half disme was the first U.S. coin? A few examples of the 1792 Half Disme are known in amazing Gem condition. High on the list is the 1792 half disme, which was not made inside the United States Mint. These pieces were the smallest silver coins authorized by the Mint Act of 1792. PCGS is not responsible for the accuracy or authenticity of Ebay listings. So if you said Washington was the first real person on a U.S. coin you may have been right. Half Dime (1792) The half disme (pronounced "deem") was one of the first coins to be produced by the newly created US Mint. Toned in rich, steel-blue colors, with lilac-gray intermingled on both sides. However, evidence proves that some were used in circulation. This historical connection is sure to make these coins even more desirable well into the future. 1795 FLOWING HAIR HALF DIME NGC AU 58 LM-8 R-3 ORIGINAL COIN FROM BOBS COINS. Tales From the Vault: The 1792 Half Disme. 1792 Half Disme of 1792. That is according to common folklore. 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. It looked to be in Choice EF to me. Trying to figure out the most historic coin in the history of the United States is a significant challenge. Patterns are usually made in small quantities to test a new design. NGC is the "grading service of choice" of the ANA (American Numismatic Association), the largest collector oriented organization in the United States. The 1792 half disme he had seemed a bit high for the price. 1792 Half Disme Birch Liberty Head. 1792 Half Disme, Judd-7, Pollock-7, Logan-McCloskey-1, Rarity-4, NGC MS-64. $76,000.00. I have three reasons. On July 1, 1792, David Rittenhouse was appointed director of the mint. Free shipping. 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. Just over a year later, the Morris Bill was drafted, detailing the framework of the American coinage system. A few examples of the 1792 Half Disme are known in amazing Gem condition. Roster of the 1792 Reeded Edge Copper Dismes (Judd-10) The 1792 reeded edge copper disme is the most available of the 1792 patterns, but remains rare in an absolute sense. The $150,000 price seemed about right. Secretary of State Thomas Jefferson recorded receiving 1500 of these coins from there. LOT 1001 1792 Half Disme. Fewer than 20 examples are traced, similar to the Getz silver half dollars of the same year. 1792 Half Disme Pattern The smallest silver denomination authorized under the Coinage Act of April 2, 1792 was the half dime, or half disme. 1792 Half Disme. 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. The Flowing Hair Half Dime is found with only two dates, which were actually both struck in a single year. The half disme was struck under the guidance of newly hired Mint personnel at this private facility. Operations began with the experimental issue of the disme and half disme. 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 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. This historical information is provided complements of NGC (Numismatic Guarantee Corporation). 1792 Half Disme was the first authorized U.S. coin and some claim the coins are patterns. The army, of about 5,000 men, was fighting Indians in the Northwest Territory. By late in June 1792 the half disme dies had been prepared under the direction of Henry Voigt. 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 … They were the first circulating coins struck under the authority of the Coinage Act of 1792, a pivotal moment in the history of our nation and its coinage. 1795 FLOWING HAIR H10C NGC MS 63+ $16,800.00. Just over a year later, the Morris Bill was drafted, detailing the framework of the American coinage system. The 1792 half disme is among the most important issues of the United States Mint. However, its status as such is disputed, with the Mint recognizing the 1793 Chain cent as such. 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. 1792 H10C Half Disme, Judd-7, Pollock-7, R.4, VF25 PCGS Secure. 1792 Silver Half Disme. 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. Half disme definition is - a silver 5-cent coin struck in 1792. PAR. OF SCIENCE & INDUSTRY. President Washington, in his fourth Annual Address to Congress, November 6, 1792, spoke of "a small beginning in the coinage of half dismes, the want of small coins in circulation calling the first attention to them." The army, of about 5,000 men, was fighting Indians in the Northwest Territory. 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 1792 Half Disme is a historic numismatic rarity that ushered in the production of coinage for the United States of America. 37 watching. The 1792 Half Disme’s mythical status is now based on solid numismatic research. “The Rittenhouse 1792 Half Disme is a small coin with huge historical significance,” said Brian Hendelson, President of Classic Coin Company. The United States Launches a New National Coinage. Obverse: LIB. 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. The population profile is similar to that of the silver half disme. Alexander Hamilton was ordered by Congress, on April 15, 1790, to establish a Mint for our new country. Tales from the Vault | ANA Official Post | Benstheman. Free shipping. 1792 H10C Half Disme -- Plugged, Scratches -- NGC. STATES OF AMERICA HALF / DISME [with star below] Weight: 20.4 g (1.32 grams) Diameter: 1.73 mm. The 1792 Half Disme’s mythical status is now based on solid numismatic research. Birch Half Disme 1792 . Based on the findings above, these coins once passed though the hands of Thomas Jefferson. 1792 Silver Half Disme Dime NGC XF Details Tooled H10C Certified Coin - JC146X. The 1792 Half Disme is a historic numismatic rarity that ushered in the production of coinage for the United States of America. or Best Offer. The first examples of the denomination were struck in 1792 from silver that is said to have been deposited by George Washington. Designed by Robert Birch and Joseph Wright, the 1792 Flowing Hair Half Disme is one of the most historical coins in the United States. Around 250 are known to exist today. Alexander Hamilton was ordered by Congress, on April 15, 1790, to establish a Mint for our new country. There are about 1500 of them that were made, many of which made into circulation. VF-20: 18212.5000: Heritage Auctions: 5546: NGC Details: 1792 H10C Half Disme, Judd-7, Pollock-7 -- Holed, Plugged -- PCGS Genuine. George Washington gave many as gifts. The 1792 half disme (or "half dime") was an American silver coin with a face value of five cents. Most of them are WELL circulated in low grades. Free shipping. This historical connection is sure to make these coins even more desirable well into the future. 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. Even before the end of the American Revolution, Congress had discussions about how to provide a coinage for the new United States. The mintage of 1,500 to 1,800 was too high to call this coin a pattern. Common sense therefore says that the coins were struck on the first floor. $8,650.00. Based on the findings above, these coins once passed though the hands of Thomas Jefferson. 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. 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