SOLD
17,000.00USD+ buyer's premium (3,400.00)
This item SOLD at 2020 Feb 27 @ 19:05UTC-5 : EST/CDT
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1792 Half Disme. Judd-7, Pollock-7, Logan McCloskey-1. Rarity-4. Genuine. Fine Details – Damage. PCGS
Warm steel-gray with gold and silver-gray highlights. Well-worn in places, especially at the rims; the tops of NCE and the ampersand that follows are smooth on the obverse. The reverse is similarly weak at ED ST and AM as well, with some weakness at the central eagle also. There is slight horizontal waviness in the planchet, not at all unusual for the issue. The PCGS “Damage” qualifier amounts to some old scratches, on both sides, that have long since toned over. Easily one of the best-known issues in American numismatics, the 1792 half disme, often pronounced “diz-mee” in today’s numismatic circles, is a stalwart among specialists in the early days of American coinage.
In mid-October, 1792, Secretary of State Thomas Jefferson wrote to George Washington that a “small beginning” had been made in the furtherance of American coinage with the striking of some 1,500 half disme pieces, struck from a silver deposit totaling $75 made earlier by Jefferson himself. Washington famously mentioned the “small beginning” in his address to Congress in November of the year. Produced in the cellar of merchant John Harper’s shop a few blocks from the eventual sight of the first Mint, Jefferson took possession of the coins on July 13, 1792. He seemingly distributed them to all who would have one, and many of the few hundred specimens known today exhibit some sort of problem. The fact that Thomas Jefferson was directly involved with the early coinage of America, in particular the 1792 half disme coinage, only serves to heighten the sense of history and adventure that attends the appearance of an example at auction. Though a little bit rough and a coin that shows the usefulness it once served in commerce, the present piece is still wholly acceptable visually and will make an excellent addition to an early American numismatic cabinet.
Grading Company: PCGS FGENUINE DAMGED
Pedigree/Collection:
Auction Location:
Cobb Galleria Center- 2 Galleria Pkwy SE, Atlanta, Georgia, 30339, United States
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Taxes:
| Tax | Rate | Desc. |
| GA |
8.9% |
GA Sales Tax |
| DC |
5.75% |
DC Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
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www.kagins.com xv
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