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    1792 Judd-7 Half Disme, XF40
    First U.S. Circulation Issue

    1792 H10C Half Disme, Judd-7, Pollock-7, R.4 XF40 NGC. Although it is known that these coins were not produced within the physical Mint building that was soon under construction, the 1792 half disme was the first U.S. coinage issue produced after the Mint Act of April 1792 was passed in Congress.

    Unlike today, the Mint in 1792 operated under the authority of the State Department, with its supervision vested in Secretary of State Thomas Jefferson. Two entries in Jefferson's household account book confirm the mintage of 1792 half dismes, as well as the date or dates they were struck. Jefferson recorded that he delivered 75 dollars to the mint on July 11, to be coined, and two days later he recorded that he received 1,500 half dismes "of the new coinage."

    There are certain gaps in our knowledge about these coins. Did Jefferson supply his own silver, or was he acting on behalf of someone else? Tradition suggests the President Washington supplied the silver. If so, it is reasonable to suggest that Jefferson was Washington's representative in the transaction. Were the coins minted in "Harper's cellar" as tradition tells us? Although this is uncertain, it is likely as records of payments to John Harper appear in the earliest Mint accounts for his services to the Mint.

    This example from the Virginia Cabinet is one of the survivors from the 1,500 coin mintage. The high points exhibit light pewter-gray, with mottled and highly original iridescent patina. The strike is adequate, and the surfaces are exceptional.
    From The Virginia Cabinet.(Registry values: P9) (NGC ID# D93T, PCGS# 11020)

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Virginia Cabinet ]

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    Auction Dates
    April, 2015
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    Numismatic Background and Census of 1802 Half Dimes: A Classic American Rarity
    This 64-page book cites mintage and rarity estimates by prominent numismatists and documents the currently known 1802 half dime appearances. Each of the 32 documented examples includes an enlarged obverse/reverse photograph, the author's assigned grade, the provenance of each coin, auction prices realized or dealer fixed asking price, and a unique serial number for each specimen that will facilitate retrieval for research, cataloging, or price-information purposes. Reserve your copy of this remarkable volume for just $29.95 today.
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