In the world of rare coins, a few stand out as extraordinary treasures, fetching millions at auctions. Among them, the 1792 Half Disme holds a unique place, valued at over $800,000 for its rarity and historical significance. Alongside this coin are other fascinating numismatic pieces that collectively have surpassed $47 million in auction sales. Let’s explore their stories, designs, and what makes them so valuable.
The 1792 Half Disme: America’s First Coinage
Historical Significance
The 1792 Half Disme is America’s first official coin, minted under the authority of the Coinage Act of 1792. These coins were struck in a small, makeshift mint in Philadelphia. President George Washington reportedly donated his silverware to create the coins, symbolizing their deep connection to early U.S. history.
Design and Specifications
| Feature | Details |
|---|---|
| Obverse Design | Lady Liberty facing left, symbolizing freedom. |
| Reverse Design | A small eagle, representing the young nation. |
| Composition | 89% silver, 11% copper. |
| Weight | 1.35 grams. |
| Diameter | 16.5 mm. |
| Edge | Reeded. |
Auction Records
These coins are highly valued among collectors. For instance:
- A coin graded AU55 sold for $824,850.
- Another graded AU50 fetched an incredible $998,750.
Other Rare Coins Surpassing $47 Million
1792 Birch Cent (Judd-4)
- Details: An early pattern for the U.S. cent.
- Auction Value: $2.585 million (graded MS65★ Red and Brown).
1792 Silver Center Cent (Judd-1)
- Details: Featured a silver plug in the center.
- Auction Value: $1.15 million.
1792 Disme (Judd-10)
- Details: Another early pattern coin.
- Auction Value: $998,750 (graded AU50).
1861 Confederate Half Dollar
- Details: One of only four known, tied to Jefferson Davis.
- Auction Value: $881,250 (graded PR30).
1792 Quarter Dollar (Judd-13)
- Details: Only four known.
- Auction Value: $1.26 million (graded AU58).
1776 Continental Dollar
- Details: A historic coin from the Revolutionary War era.
- Auction Value: High-grade examples fetch significant sums.
Conclusion
The 1792 Half Disme and other rare coins are much more than collectibles; they are pieces of history, linking us to America’s formative years. Their rarity, intricate designs, and fascinating backstories make them prized possessions in the numismatic world. With auction prices reaching astronomical levels, these coins continue to captivate collectors and serve as symbols of the nation’s past.
FAQ’s
What makes the 1792 Half Disme so valuable?
Its historical significance, rarity, and connection to early U.S. coinage make it a prized collectible.
Are there other valuable coins from 1792?
Yes, coins like the Birch Cent, Silver Center Cent, and Disme are also highly valuable.
How can I check a coin’s value?
Look for rarity, condition, and any errors. Professional grading services can provide accurate valuations.