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Inventory:
10 In Stock
- Product ID: 10961
The 1892 Barber Half Dollar was the inaugural year for the famous series and contains a mintage of 934,000. The 1892 was also minted at the very first mint in the US and is in good condition. Collectors expect good condition to contain an extreme amount of wear, with major details lacking altogether. The Philadelphia Mint is the main branch of the US Mint and is the oldest mint in the US, being established in 1792. After the ratification of the Constitution, the Founding Fathers needed to establish a national identity and a means of commerce. At the time, Philadelphia was the capital of the US so it only made sense for the first mint to be built there. The Mint Act was also passed, during this time, to assign coins denominations based on their legal tender or metal fineness. This act also constituted that any coin in the US should feature "an impression emblematic of liberty." The Barber Half Dollar series has also interested investors, through the years, due to their 90% silver content.
Every major coin collection, throughout history, had some version of a rocky start. The Barber Half Dollar replaced the Seated Liberty coinage, by preference of the Mint Director, Edward Leech. After a failed attempt to offer a friendly competition among local artists, Leech resorted to Chief Engraver, William Barber, to come up with the design. Barber's design extended to the dime, quarter, and half dollar; being one of the only coin designs to serve on all currency. Liberty is wearing a Grecian leaf cap, on the obverse, as the reverse features the nation's seal. The Barber Dime is the only Barber coin to not showcase the heraldic eagle, holding the shield, on its reverse. The dime and quarter feature just the coin's monetary denomination.