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Anyone Here Dream Of Getting A 1792 Half Disme?

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Oldgrouchyguy's Avatar
United States
632 Posts
 Posted 01/16/2023  12:45 am  Show Profile   Bookmark this reply Add Oldgrouchyguy to your friends list Get a Link to this Reply
Attendees of the old coin Bid Board auctions at Worthy Coin in Boston, and those who knew the Proprietor as a friend, will remember his telling us about his 1792 Disme, which was for years on the end of the armrest of his favorite leather recliner. That is, it WAS on the end of the armrest until his den was visited by a new boyfriend of his daughter, who broke-up with her two days later...
Edited by Oldgrouchyguy
01/16/2023 12:51 am
Valued Member
United States
90 Posts
 Posted 01/16/2023  01:22 am  Show Profile   Bookmark this reply Add bikergeek to your friends list Get a Link to this Reply
It's one of my dream coins, frankly. And that's where it shall remain. I did notice that David Lawrence Rare Coins had one recently (forget the grade). It was priced at $80k, and looked pretty dipped out - but within a pretty short period of time it sold.
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TimNH's Avatar
United States
416 Posts
 Posted 01/16/2023  01:50 am  Show Profile   Bookmark this reply Add TimNH to your friends list Get a Link to this Reply

Quote:
Now... out of curiosity... why specifically does this question pertain to the Half Disme instead of the disme?


I am no expert here but I believe the disme did not circulate, so it is considered a pattern, while Half Dismes got scattered around by Jefferson himself and spent in circulation, thus "real money". I'm sure others here will correct me if that is off.
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jbuck's Avatar
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188535 Posts
 Posted 01/16/2023  10:41 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Surprisingly I don't care for one. Too small with an ugly design, but I can appreciate the history.
I have to agree, to a point. I do appreciate the history, but I do not think it is ugly. I also know I would spend that amount of money on several other coins before this one became a target for acquisition.
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Russian Federation
5173 Posts
 Posted 01/16/2023  1:10 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply

Quote:
I also know I would spend that amount of money on several other coins before this one became a target for acquisition.
So very much this. If I could find one of those for $100 (with a realistic chance it was real) I'd get it (and probably not even sell unless I urgently needed the money), but at the five-digit prices they tend to go at, there's dozens of other types I'd buy first, combined, before I could even start to consider this one.
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jbuck's Avatar
United States
188535 Posts
 Posted 01/16/2023  1:55 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
...at the five-digit prices they tend to go at, there's dozens of other types I'd buy first, combined, before I could even start to consider this one.
Indeed!
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captainrich's Avatar
United States
982 Posts
 Posted 01/16/2023  9:46 pm  Show Profile   Check captainrich's eBay Listings Bookmark this reply Add captainrich to your friends list Get a Link to this Reply
I'm keeping an eye out for one on Etsy.
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52Raymo's Avatar
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8516 Posts
 Posted 01/16/2023  9:54 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I love the design.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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kbbpll's Avatar
United States
4233 Posts
 Posted 01/17/2023  1:49 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply

Quote:
I am no expert here but I believe the disme did not circulate, so it is considered a pattern, while Half Dismes got scattered around by Jefferson himself and spent in circulation, thus "real money". I'm sure others here will correct me if that is off.
I'm confused - are there any 1792 (or other date) dismes? I thought there were only 1792 Half Dismes. The debate was over whether the Half Dismes were patterns or circulation, and I believe it was settled. This is a long but interesting article on that topic.
https://blog.money.org/coin-collect...e-1792-disme
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Russian Federation
5173 Posts
 Posted 01/17/2023  5:03 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply

Quote:
I'm confused - are there any 1792 (or other date) dismes? I thought there were only 1792 Half Dismes.
There were 1792 dismes, but they were definitely patterns, while the Half Dismes apparently circulated.
This page currently depicts an 1792 disme. Very pretty.

I'm not sure when the spelling was switched from "disme" to "dime"; the later Draped Bust 10 cent coins had no denomination given on them at all, and the Capped Bust ones said "10 C" instead of any spelling of "dime". AFAIK traditionally the spelling "disme" is only used for the 1792 issues.
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kbbpll's Avatar
United States
4233 Posts
 Posted 01/17/2023  5:26 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
Ah, thanks. I checked the TPG sites and didn't find them. Heritage says only 3 silver ones known, and 22 copper ones. Learn something new every day.
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westcoin's Avatar
United States
9792 Posts
 Posted 01/17/2023  10:57 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
A little copypasta from another thread http://goccf.com/t/389906 we had on a 1792 Half Disme that was found in a junk box of coins, and sold at Great Collections in the six figures (lowball type set coin). This is one of the posts I wrote. Check this book out, it may be a bit dry in reading all the descriptions of each known Half Disme, but the history sections are fantastic.
----
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
Valued Member
United States
202 Posts
 Posted 01/18/2023  08:07 am  Show Profile   Bookmark this reply Add apcol258 to your friends list Get a Link to this Reply
Maybe a bit dated, but here is a link to another good write-up about some of the 1792 coinage.

https://uspatterns.stores.yahoo.net...tpatcoi.html
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CarrsCoins's Avatar
United States
756 Posts
 Posted 01/18/2023  12:06 pm  Show Profile   Bookmark this reply Add CarrsCoins to your friends list Get a Link to this Reply
for anyone who has only seen the word in print - it is pronounced like deem rather than diz-me. I went around talking about diz-mes for quite a few years before someone was kind enough to correct me.
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westcoin's Avatar
United States
9792 Posts
 Posted 01/18/2023  3:12 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Good point Jim, I did the same it is indeed pronounced DEEM, not dizme. I see they have added the pronounciation to the Wiki page as well.

https://en.wikipedia.org/wiki/1792_half_disme
"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
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