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Lot
3745

1792 H10C Half Disme, Judd-7, Pollock-7, R.4 -- Damaged -- NGC Details. VG....

2013 February 7 -8 & 10 US Coin Signature Auction - Long Beach #1182

 
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Auction Ended On: Feb 7, 2013
Item Activity: 14 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Famous 1792 Half Disme
Judd-7, VG Details
1792 H10C Half Disme, Judd-7, Pollock-7, R.4 -- Damaged -- NGC Details. VG. The 1792 half disme holds a unique place in U.S. coinage. It was a silver issue struck for circulation, but not at the First Philadelphia Mint, which did not open until 1793. Instead, it was coined in the basement of John Harper, a sawmaker who lived a short distance from the fledgling Mint. Numismatic legend has it that the obverse bust depicts First Lady Martha Washington, and that her silverware was the source of the bullion for the issue. It is more likely that the portrait is merely symbolic of Liberty, and that the bullion came from Spanish-American silver coin owned by George Washington, who referred to the issue in his November 6, 1792, State of the Union address. Approximately 1,500 pieces were struck, and survivors are coveted in all grades. The present silver-gray specimen has only a few small marks, but the surfaces are wavy and show uneven wear. The date is bold, as is the lower portrait, and the left reverse and right obverse.

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