Owner Comments:
The 1892 Dinero is very rare in all grades, yet this rarity is not reflected in the catalog pricing. To find this date in nice condition is just as, or more difficult, than finding the key dates 1888, 1872, and 1894. This is the last year of the 1888-1892 type.
Flatt reports that these come with a flat-top "1" in the date. There are no coins of this date graded at PCGS/NGC. Krause gives a value of $44 in MS 60. This is extremely undervalued.
I have only seen a few 1892's in any grade. I own a harshly cleaned AU, which has a flat-top "1". The Whittier coin was low-end mint state and also had a flat-top "1", but the placement of the numerals is different. On my coins, the "8" in the date is higher than the "1", whereas on the Whittier coin they are both at about the same level. On both coins the "2" is placed far away from the "9". The Whittier coin appears to have re-punching on all the numerals; mine does not.
I have seen two other 1892's with a flat-top "1", but the date is more compact than either of the previous two coins; the "2" is not wide. The first has a low "8" . The second is a Gem from a Peruvian collection that has a high "8". So, in summary, like the 1892 1/2 Dineros, we could consider the 1892 Dineros to have a "Wide" and "Narrow" date, of which both types have at least two different placements of the numerals. More research is needed.
Summary of varieties found by the author:
1. Wide date, high "8"
2. Wide date, re-punched
3. Narrow date, high "8"
4. Narrow date, low "8"