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Is This Real? 1792 Half Disme Found In A Junk Silver Bin? Update: Sold For Big$!

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newguy22's Avatar
United States
277 Posts
 Posted 01/05/2021  4:03 pm Show Profile   Bookmark this topic Add newguy22 to your friends list Get a Link to this Message Number of Subscribers
On the popular social media platform known as Reddit, someone on their coins forum posted these two pictures of what appears to be a 1792 Half Disme.

Is-This-Real?-1792-Half-Disme-Found-In-A-Junk-Silver-Bin?-Update:-Sold-For-Big$!
Is-This-Real?-1792-Half-Disme-Found-In-A-Junk-Silver-Bin?-Update:-Sold-For-Big$!

My question to all of you is, do you guys think this is real? What would the chances be of finding a 1792 Half Disme in a junk silver bin?
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Keith67's Avatar
United States
6498 Posts
 Posted 01/05/2021  4:06 pm  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply
Whats with the backwards WH.
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PNWType's Avatar
United States
561 Posts
 Posted 01/05/2021  4:23 pm  Show Profile   Bookmark this reply Add PNWType to your friends list Get a Link to this Reply
Hard to say with the level of wear and my inexperience with Half Dismes, but the date doesn't appear suspect and the details that are there look right to me.

I'd be willing to say real, but that's out on a limb and without too much research
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PNWType's Avatar
United States
561 Posts
 Posted 01/05/2021  4:26 pm  Show Profile   Bookmark this reply Add PNWType to your friends list Get a Link to this Reply

Quote:
Whats with the backwards WH


I'd hedge a bet it sat on a printed page with a WH on it. Chemicals from the ink toned the letters into the coin (hence the mirroring). I've seen this on a franklin somewhere on this forum before I think
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Coinfrog's Avatar
United States
94367 Posts
 Posted 01/05/2021  4:42 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Way over my pay grade.
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thecoinguy1964's Avatar
United States
1300 Posts
 Posted 01/05/2021  5:16 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
I would say it's the real deal. I'd snapped it up as well. I've never looked in the junk bin guess I need to start.
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westernsky's Avatar
United States
7613 Posts
 Posted 01/05/2021  6:39 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Looks like the real deal to me. If it were mine it would be well on its way to TPG!
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Zurie's Avatar
United States
5661 Posts
 Posted 01/05/2021  7:01 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Don't see anything obviously wrong with it, that would be quite a junk bin find.
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Ty2020b's Avatar
United States
4680 Posts
 Posted 01/05/2021  9:25 pm  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
. Not my wheelhouse either, but a crazy find, if it's the real deal.
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RedRaider's Avatar
United States
1018 Posts
 Posted 01/05/2021  9:40 pm  Show Profile   Bookmark this reply Add RedRaider to your friends list Get a Link to this Reply
That is a crazy awesome find. One of the best cherrypicks I have ever seen. Maybe not the most valuable cherrypick of all, but certainly one of the most historically important coins to find among "junk".
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newguy22's Avatar
United States
277 Posts
 Posted 01/06/2021  12:01 am  Show Profile   Bookmark this reply Add newguy22 to your friends list Get a Link to this Reply
I would agree with many of you, I think whoever found this in the junk box is the winner for today in the coin community. Right place, right time, right price!
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 01/06/2021  12:18 am  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
Maybe not the most valuable cherrypick of all


What the heck are you talking about? Even in this condition it'd be worth 12k if, and that's a big if, it is real.
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westcoin's Avatar
United States
9792 Posts
 Posted 01/06/2021  01:47 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
The book "1792: Birth of a Nation's Coinage" by Pete Smith, Joel J. Orosz, and Len Augsburger lists every one of these known and would be a good reference to consult with the coin in hand. There are photos of pretty much each example as well. I can't say from the photos either, but it does look pretty good. Wear is consistent with these coins and nothing is jumping out at me that says fake.

The book I mention is from Heritage Auctions and runs $40.00 + S&H it's a fantastic read in itself. Lots of research on Jefferson and the founding and creation of the US Mint. The 1792 Half Disme being the primary coin of the book, the authors also touch on all the other coinage from 1792.

Following is the description from Heritage's page on the book:

1792: Birth of a Nation's Coinage is the long-awaited research-based study of the 1792 coins, which were produced during the first six months of the U.S. Mint's existence. These cents, Half Dismes, dismes, and mysterious eagle-on-globe pieces, have been little studied and long misunderstood. In the 225 years since they were struck, mysteries have accumulated around them. Legends have explained their origins, arguments have raged over their status, and wild guesses have been taken about their rarity.

1792: Birth of a Nation's Coinage begins with the "prehistory" of the Mint, covering the legislative debates leading to the passage of the Mint Act in April of 1792, and the concurrent experiments in coinage by private individuals seeking government coinage contracts. The book does not solve every mystery about the coinage of 1792, but it does debunk some myths (George and Martha Washington's silver service was not melted to strike Half Dismes); settle some arguments ( Half Dismes are regular issues, not patterns); and defines the rarity of each issue of 1792 (a detailed census of every locatable specimen is provided, along with each coin's pedigree). Along the way, many new facts and insights are revealed; for instance, while Washington did not provide the silver to strike Half Dismes, another future President did! Whether you are a collector, a dealer, a cataloger, or just fascinated by the enigmatic coins that serve as a bridge between the colonial, state, and Confederation issues that went before, and the myriad federal issues that have followed, 1792: Birth of a Nation's Coinage is a must-read book.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Edited by westcoin
01/06/2021 01:49 am
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RedRaider's Avatar
United States
1018 Posts
 Posted 01/06/2021  09:30 am  Show Profile   Bookmark this reply Add RedRaider to your friends list Get a Link to this Reply
Grape.....you are right, this is very valuable 12K might even be low. Someone picked a continental currency last year at a flea market for 50 cents and I'm sure that went on to sell for significantly more than 12K. I'm sure many very rare varieties (I'm thinking Strawberry leaf 1793s, starred reverse 1794s, etc. were once cherrypicked and those command BIG $$$!!
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1796NoPole's Avatar
United States
286 Posts
 Posted 01/06/2021  8:44 pm  Show Profile   Bookmark this reply Add 1796NoPole to your friends list Get a Link to this Reply
The entire photos are reversed (selfie mode), but the coin looks 100% real to me.
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Bud250r's Avatar
United States
824 Posts
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