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Greysheet Catalog Details (GSID: 3716)

The 1792 Half disme is part of a series of Flowing hair half dime coins struck from 1792. Struck in Philadelphia and designated as a Business (SP) strike, this coin is made of Silver from a mintage of 1-2 Known struck and has a rarity rating of 8.
Special special striking. The 1792 Half Disme is a historic numismatic rarity that ushered in the production of coinage for the United States of America. Alexander Hamilton was ordered by Congress, on April 15, 1790, to establish a Mint for our new country. Just over a year later, the Morris Bill was drafted, detailing the framework of the American coinage system.

By April, 1792, the Mint Act was passed; and, by order of George Washington, the first coin was set to be minted. The Half Disme was conceptualized by David Rittenhouse who went on to become the very first Mint Director.

Thomas Jefferson, himself, delivered the silver to the manufacturer, John Harper, who was a toolmaker by trade. Three months later, Harper presented Jefferson with 1,500 coins given the name Half Dismes, per the Mint Act.

The Half Dismes were struck using dies created by the engraver, Robert Birch. The Morris Bill required that the Half Dismes contain 0.8924 silver along with other metals for a total weight of 1.35 grams and a diameter of 17.5 millimeters. On November 6, 1792, these coins were put into circulation by the United States Mint as the first legal tender of our nation.

The mintage for the 1792 Half Disme was 1,500. Unfortunately, approximately just 275 are estimated to have survived in all grades with about 15% of those in mint state.

Obverse: The obverse of the coin displays a depiction of Liberty facing to the left, with the date below the bust, and the phrase LIB PAR OF SCIENCE & INDUSTRY in the legend.
Reverse: The reverse portrays an eagle, also facing to the left, with "HALF DISME" beneath it and the legend displaying "UNITED STATES OF AMERICA."

Catalog Details    Dealers Only

Catalog Detail

GSID: 3716
Coin Date: 1792
Denomination: H10c / Half disme
Designation: SP
Mint Mark: P
Mint Location: Philadelphia
Mintage: 1-2 Known
Coinage Type: Flowing hair half dime
Coinage Years: 1792
Composition: Silver
Rarity: R-8
Strike Type: Specimen
Diameter: 17.5 mm
Fineness: 0.8924
Weight: 20.8 gr
Coin Shape: Round
Designer: Robert Birch
Obverse Lettering: LIB PAR OF SCIENCE & INDUSTRY, 1792
Obverse Designer: Robert Birch
Reverse Lettering: HALF, DISME, UNITED STATES OF AMERICA
Reverse Designer: Robert Birch
PCGS #: 11024
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