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The 1792 half disme, (pronounced "deem") usually catalogued today as a pattern, was an American Silver coin with a face value of five cents. Although it is subject to debate as to whether this was intended to be circulating coinage or instead an experimental issue, President George Washington referred to it as "a small beginning" and many of the coins eventually were released into circulation. It is widely (although not universally) considered the first United States coinage struck under authority of the mint Act of April 1792.
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