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1792 H10C XF45 PCGS

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Price:   
Grade: XF45
Quantity: 1
PCGS Coin #: 11020
Last Update: 4/2/2021
Dealer:  (Terms) Heritage Auctions (HA.com)

Auction: 2021 April 22-25 - Central States U.S. Coins Signature Auction #1329 - Session 6 View this auction on the auction site
Auction Date: 4/24/2021 - 4/24/2021
Lot Number: 5008 View this lot on the auction site
1792 H10C Half Disme, Judd-7, Pollock-7, R.4, XF45 PCGS. There is no question that the half dismes of 1792 are some of the most storied, iconic, and important coins in all of U.S. numismatics. Traditionally, they have been classified as patterns, but the research of Pete Smith, Joel Orosz, and Len Augsburger strongly suggests that 1792 half dismes were actually made and distributed for use in the channels of commerce, handed out by none other than Thomas Jefferson. The long-standing argument for the half dismes being pattern coins rested on a few key points. At the time they were struck, the Mint building had not yet been completed (the half dismes were struck in the basement of Philadelphia saw maker John Harper), and Mint officials had not yet posted their legally mandated bonds. However, the authors of 1792: Birth of a Nation's Coinage (2015) argue that the Mint is not a building, it is an institution, and that Chief Coiner Henry Voigt and other workmen were engaged in coinage operations as of July 9, 1792. They write: {blockquote}"The records are clear that Thomas Jefferson delivered $75 at the mint to be coined on July 11, 1792. Then on Friday, July 13, he picked up 1500 half dismes that had been coined. According to the Act of April 2, 1792, this was coinage and it was legal tender."{/blockquote} Smith, Orosz, and Augsburger have confirmed two striking periods (July and October). The contexts for each production period may differ, so it is possible those struck in October were produced for presentation, while those minted earlier were produced for circulation. They conclude: {blockquote}"Perhaps [1792 half dismes] should be designated as something else. These were prototypes of American coinage, intended to demonstrate the ability to produce circulating coinage but in quantities insufficient to have an impact on commerce."{/blockquote} An estimated 250 1792 half dismes have appeared in the marketplace. This Choice XF representative, ...
Collectors CornerSM coin information:  (data courtesy of PCGS.com *)
PCGS Coin #: 11020
PCGS Coin Description: 1792 H10C
Mintage: 1,500
Grade: XF45
PCGS Population: * 3 View
Population (in higher grades): * 42
PCGS Price Guide: * $135,000.00 View
Auction Prices Realized: * Auction Prices Realized
Additional resources: PCGS CoinFacts
PCGS Set Registry:
(Top 3 of 55 composite sets for this coin)
 
  Learn more about Set Registry
Basic U.S. Coin Design Set No Gold (1792-present)
Basic U.S. Coin Design Set (1792-present)
Complete U.S. Coin Design Set No Gold (1792-present)
* This information is being provided by PCGS and you are encouraged to review the Important Information for each of these items: PCGS Population [View]; PCGS Price Guide [View]; Auction Prices Realized [View].  The PCGS population report, historic compilation of coin prices and auction prices are proprietary to Collectors Universe and remains the property of Collectors Universe.  It is available for personal use to Collectors Corner subscribers only.  Reproduction in any format is strictly prohibited, as is sharing of this import (or any data contained herein).  Also, errors and omissions can occur and accordingly, viewer should recognize these facts and that this information should not be the only source consulted when making a decision about buying or selling coins.

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