1792 H10C VF20 Certification #03295048, PCGS #11020

Owner's Comments

The most historic United States coin! 1500 were struck in July 1792 under Mint auspices ,in the cellar of John Harper ,before the first mint building was completed.The silver for these was deposited by Thomas Jefferson on July 11,1792. He received the coins on July 13 and then left for Monticello spending the coins for services and also giving some to small children that he encountered. There was probably a second striking of about 500 on or about October 9,1792 . President Washington referred to these coins in his fourth Annual Address to Congress on November 6,1792 as: " There has been a small beginning in the coinage of Half Dimes, the want of small coins in circulation calling the first attention to them ". There are around 250 surviving coins. Fully 30% of those will not straight grade because of problems. Obverse well centered; reverse off center toward K-10.5. Obverse has double triangular ding in field under U, another like a comma after Y. Obverse dent at A of PAR. Weak central reverse. Reverse rim dent over TE of STATES. Early die state [ 1- A ] no crack on reverse. EX: Coins & Currency , Inc. May 21-23,1970, lot 1540 where curiously no grade was listed ; American Auction Association November 16,1973, lot 735 [ VF ] @ $2,700 ; Butterfield Johnson Gillio January 31,1995, as PCGS F-15 ,lot 2185 @$6975 ; California collector ; Certified as PCGS VF-20 on 2-28-1995 ;Tom Reynolds ; purchased from Kenneth Goldman at the 1996 FUN show. Some of this information is from " 1792: Birth of a Nation's Coinage " by Pete Smith, Joel J. Orosz and Leonard Augsburger.

Expert Comments

David Hall

The PCGS graded MS67 is from the great John Pittman collection, one of the highest quality U.S. coin collections ever assembled. This specimen has amazing mark-free surfaces and a fully rounded cheek. The luster and originality are outstanding in every way. This coin, along with the PCGS graded SP67, is the finest known example of the first coin officially struck by the U.S. Mint.

 

PCGS #
11020
Designer
Unknown
Edge
Diagonally reeded
Diameter
17.50 millimeters
Weight
1.35 grams
Mintage
1500
Metal
89.2% Silver, 10.8% Copper
Pop Higher
72
Pop Lower
22
Region
The United States of America
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades
65 or Better 275 R-6.5 1 / 1 1 / 1
All Grades 35 R-8.8 1 / 1 1 / 1
60 or Better 7 R-9.6 1 / 1 1 / 1
65 or Better 275
All Grades 35
60 or Better 7
65 or Better R-6.5
All Grades R-8.8
60 or Better R-9.6
65 or Better 1 / 1
All Grades 1 / 1
60 or Better 1 / 1
65 or Better 1 / 1
All Grades 1 / 1
60 or Better 1 / 1

Condition Census Learn More

Pos Grade Thumbnail Pedigree and History
1 MS68 PCGS grade MS68 PCGS grade

David Rittenhouse, first director of the United States Mint; Rittenhouse family, kept within the family by Rittenhouse's descendants from July 1792 until - Henry Chapman 10/1919:249, $56 - George L. Tilden - Thomas Elder 6/1921:2029, $62 - private collector, who apparently stored the coin in a Wayte Raymond album - unnamed museum in New England - Stack's 10/1988:536, $68,750 - unknown intermediaries - dealer Jay Parrino, early 1990s, as agent for the anonymous "Knoxville Collection," early 1990s to 2003 - private collector, 2003 to January 2007 - Steve Contursi - Cardinal Collection, acquired for $1,500,000 in 2007 - Stack's/Bowers 1/2013:13093, $1,145,625

2 MS67 PCGS grade
3 MS66 PCGS grade MS66 PCGS grade

David Rittenhouse (reportedly traced back to the family by Dr. Judd) - Dr. J. Hewitt Judd - Paramount “Auction '80” 8/1980:592 - Jimmy Hayes Collection - Stack's 10/1985:3 - Stack’s/Bowers 8/2013:4043, $793,125

3 MS66 PCGS grade
5 MS65 PCGS grade

MARCA 5/1987:721 - Superior “Chalkley-Ryer” 1/1990:2354 - Heritage 1/2014:5176, $528,750

MS68 PCGS grade #1 MS68 PCGS grade

David Rittenhouse, first director of the United States Mint; Rittenhouse family, kept within the family by Rittenhouse's descendants from July 1792 until - Henry Chapman 10/1919:249, $56 - George L. Tilden - Thomas Elder 6/1921:2029, $62 - private collector, who apparently stored the coin in a Wayte Raymond album - unnamed museum in New England - Stack's 10/1988:536, $68,750 - unknown intermediaries - dealer Jay Parrino, early 1990s, as agent for the anonymous "Knoxville Collection," early 1990s to 2003 - private collector, 2003 to January 2007 - Steve Contursi - Cardinal Collection, acquired for $1,500,000 in 2007 - Stack's/Bowers 1/2013:13093, $1,145,625

#2 MS67 PCGS grade
MS66 PCGS grade #3 MS66 PCGS grade

David Rittenhouse (reportedly traced back to the family by Dr. Judd) - Dr. J. Hewitt Judd - Paramount “Auction '80” 8/1980:592 - Jimmy Hayes Collection - Stack's 10/1985:3 - Stack’s/Bowers 8/2013:4043, $793,125

#3 MS66 PCGS grade
#5 MS65 PCGS grade

MARCA 5/1987:721 - Superior “Chalkley-Ryer” 1/1990:2354 - Heritage 1/2014:5176, $528,750