United States of America 1792 Philadelphia Capped Bust Half Dime 5¢

Coin / United States of America / 1792 / Philadelphia / Capped Bust Half Dime / 5¢ (Five Cents, Nickel, Half Dime)

The Capped Bust Half Dime is a significant early coin in American numismatics, minted in 1792 at the Philadelphia Mint. This coin, which represents a denomination of 5 cents, features a classic design that is emblematic of the early efforts to establish a standardized currency in the United States. Crafted from a composition of 89.2% silver and 10.8% copper, this half dime has a diameter of 17.5 mm and weighs 1.35 grams. The edge of the coin is diagonally reeded, adding a tactile element to its design. Notably, there is no mint mark, indicating it was struck at the Philadelphia Mint, the nation's first mint. The mintage of this coin is quite low, with only 1,500 pieces produced, making it a rare collectible item. The designer of this particular coin remains unknown, which adds an air of mystery to its historical significance. As a part of the Capped Bust series, it represents a critical period in U.S. coinage, characterized by the move toward a more uniform and accessible monetary system. Given its early date and limited production, the Capped Bust Half Dime from 1792 is highly sought after by collectors and holds considerable value in the numismatic market, serving as a tangible piece of America's financial heritage.