1792-2017 Gold Half Disme NGC PR70

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Price: $359.00
Item Number: NK13360

1792-2017 Gold Half Disme NGC PR70

You may have heard about the famous Rittenhouse 1792 Half Disme that sold for Nearly $2 Million, a record price on September 24th 2018. This coin has huge historical significance, it was once in the possession of then-Secretary of State Thomas Jefferson and personally owned by the first United States Mint Director David Rittenhouse. The coin was minted from silver that came from the personal hoard of Martha Washington.
 
In 2017, Edmund C. Moy, the 38th director of the U.S. Mint had gold and silver restrikes of the Rittenhouse Half Disme minted for the 225th anniversary of the U.S. Mint as presentation pieces. The gold disme is fully struck and displays high levels of original mint luster. Minted in one-tenth ounce of .999 gold on screw presses, it is a faithful rendition of the original coin.
 
Only 300 gleaming silver proofs were made, just six per state. As the first release in the Mint Director’s Series, this 1792 medal issue is an affordable way for historians, patriots and  collectors to celebrate one of the most important coins in U.S. history.
 
• Restrike of near $2 million coin
• Low mintage just 300 gold proofs
• NGC certified holders hand signed by Edmund C. Moy
 
Condition Proof 70 (PF70)
 
Coins are graded on a 70-point scale with “70” being absolute perfection. In 1948, Dr. William Sheldon, a renowned numismatist, developed the Sheldon Scale, assigning number grades from "1" through "70" to coins. The basis of Sheldon’s theory was that a "70" would be worth 70 times as much as a "1."
 
The term proof coin refers to the method of manufacture of the coin and not the grade of the coin. Proof coins are presentation pieces and made specifically for coin collectors. They are struck using specially prepared coin dies, on a specially prepared coin blanks called a planchets. Proof coins are struck several times on presses operating at slower speeds and higher striking pressure. Because of this extra care, Proofs usually exhibit much sharper detail than regular, or business, strikes. Proof coins certified in PF70 condition should be flawless, fully struck, and lustrous with superb eye appeal. 
 
Numismatic Guaranty Corporation (NGC) Certified label
 
A coin collector buys both the coin and the slab. In addition to buying the certification service’s reputation and a numeric grade, the coin buyer purchases the holder as a physical object. NGC special labels enhance and differentiate your coin from others in the same grade, serving a function beyond recording the coin’s authenticity and condition. The presentation and collectible value of these coins is enhanced by being identified as coveted Signature Series medals, bearing the original signature of a noteworthy person connected with the issue. Edmund C. Moy, the 38th directors of the United States Mint is one of the most coveted numismatic signatures.