SOLD
60,000.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2006 Feb 06 @ 10:35UTC-8 : PST/AKDT
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It is widely believed this famous "half disme" as the denomination on it reades, was struck in the cellar "mint" of John Harper at Sixth and Cherry Streets or at another facility in a coach house at Sixth Street above Chestnut. Why not strike the coin at the government mint? Because the mint did not exist, and neither the chief coiner nor the assayer of the mint had yet posted bonds which would have allowed them to begin coinage of silver and gold.
Dr. J. Hewitt Judd, author of the definitive work on United States Pattern coinage, considered the 1792 Half Disme to be a Pattern. However, there are those who cite President Washington's letter of 1792 as assigning it official status as a circulating coin: "There has been a small beginning in the coinage of half dismes, the want of small coins in circulation calling the first attention to them." Be that as it may, numismatic purists have for over 150 years yearned to own these delightful remainders of our fledgling nationhood. An estimated 1,500 pieces were struck.
This is an attractive coin in spite of its few problems, one whose main design is well stamped into the planchet by the dies, with a petite eagle for the reverse, and a matronly head of Liberty with short curls for the obverse. Date 1792 below the curved truncation. A legendary early half dime and one certain to delight its next owner with hours of study and enjoyment.
Auction Location:
9478 W. Olympic Blvd, Beverly Hills, California, United States
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