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1792 H10C F15 PCGS

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Price:   
Grade: F15
Quantity: 1
PCGS Coin #: 11020
Last Update: 8/10/2022
Dealer:  (Terms) Heritage Auctions (HA.com)

Auction: 2022 August 22-28 - U.S. Coins Signature - Auction #1348 - Session 6 View this auction on the auction site
Auction Date: 8/24/2022 - 8/24/2022
Lot Number: 3900 View this lot on the auction site

Show/Booth: ANA World Fair / Loews Louvre 2
 
(Item is available at this booth)
1792 H10C Half Disme, Judd-7, Pollock-7, R.4, Fine 15 PCGS. The late Richard M. Doty, curator of the Smithsonian Numismatic Collection, once wrote: "The kind of money circulated by a people discloses much about that people -- about their economic development, their self-image, their culture, what they expect their financial and political future to be." That sentiment was not lost on the Founding Fathers, who insisted on the creation of a United States Mint and the domestic production of circulating coinage. Thomas Jefferson refused a proposition by John H. Mitchell, who offered to supply the young United States with copper coinage. Although Mitchell was able to produce unalloyed copper coins of any size with edge devices for 14 pence per pound, Jefferson believed sacrificing the independence that came with domestic coinage manufacturing was of a greater importance. It was with this profound sense of national pride that Thomas Jefferson and Treasury Secretary Alexander Hamilton undertook the momentous task of devising a monetary system and the foundations for an American mint. Their work eventually led to the passage of the Mint Act of April 2, 1792, which stipulated, among other denominations, the half disme, "each to be of the value of one twentieth of a dollar, and to con­tain eighteen grains and nine sixteenth parts of a grain of pure, or twenty grains and four fifth parts of a grain of standard silver." A little over three months after the passage of the Mint Act, Thomas Jefferson himself deposited $75 worth of silver to Philadelphia saw-maker John Harper, whose basement housed the Mint machinery while new buildings were under construction. Two days later, on July 13, 1792, Jefferson received from Harper 1,500 of the new half dismes. That small production, from which this piece derives, represented the first regular issue of United States coinage, an event of virtually unparalleled numismatic significance. This piece has smooth steel-gray ...
Collectors CornerSM coin information:  (data courtesy of PCGS.com *)
PCGS Coin #: 11020
PCGS Coin Description: 1792 H10C
Mintage: 1,500
Grade: F15
PCGS Population: * 5 View
Population (in higher grades): * 77
PCGS Price Guide: * $86,000.00 View
Auction Prices Realized: * Auction Prices Realized
Additional resources: PCGS CoinFacts
PCGS Set Registry:
(Top 3 of 56 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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