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Lot
3463

1792 P10C Disme, Judd-10, Pollock-11, High R.6, Fine 12 PCGS....

2008 January Orlando, FL (FUN) Signature Coin Auction #454

 
Sold for: Not Sold
Auction Ended On: Jan 10, 2008
Item Activity: 6 Internet/mail/phone bidders
942 page views
Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Lot Viewing, Room 220 D, E, F
Auction, Room 230 B

Description:
Historic Fine 1792 Copper Disme, Judd-10
1792 P10C Disme, Judd-10, Pollock-11, High R.6, Fine 12 PCGS. The obverse portrays Liberty facing to the left with flowing locks of hair. Around, LIBERTY PARENT OF SCIENCE AND INDUS(try), the date below the bust. On the reverse, an eagle flies in a plain field with the statutory legend UNITED STATES OF AMERICA around, and the denomination DISME below. Struck in copper with a reeded edge. Although more than a dozen examples are known, four pieces are impounded in institutional holdings, including the Durham Western Heritage Museum specimen (from the Byron Reed Collection), the piece at Independence Hall (from Frank Stewart), the Eric Newman Educational Foundation coin, and the Smithsonian Institution specimen. The finest known example that is available to collectors is the former Garrett Collection coin that is now certified by NGC as Specimen-65.
The example that we are offering as part of the present collection should prove more affordable, being noticeably worn, perhaps actually serving time in circulation, or as a pocket piece. All of the obverse devices, lettering, and date are visible, although the lettering along the right border is extremely faint. The reverse lettering is also visible, although weak in certain spots. The eagle is mostly gone, with parts of each wing still present. Each side has a few old scratches and minor scrapes, now blended with the surrounding surface and only of the slightest significance.
Several different pattern issues were coined in 1792, along with the silver half disme that is now considered a regular issue coin. The various pattern issues of this year represent a variety of coin denominations from the cent to the quarter dollar. Each and every one of these patterns is historically important, and each is also a major rarity. Of all the different pattern varieties coined, not more than 60 pieces survive in total.
There are many unanswered questions surrounding this particular pattern issue. Although Walter Breen once attributed the designs and engraving to Adam Eckfeldt, it is not known with certainty who did the actual work. It is also not known when these pieces were struck, although Andrew Pollock III suggested that they may have been produced at about the same time as the half dismes, citing "stylistic similarity between the reverses of the two denominations." The obverse design was undoubtedly influenced by Augustin Dupre's Libertas Americana Medal, and is quite similar to the 1793 half cent obverse. Population: 1 in 12, 6 finer (12/07). (PCGS# 11026)

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