1794 Flowing Hair Dollar
The 1794 Flowing Hair Dollar holds an important place in history and numismatics. The coin represents the first year for the denomination, the first regular denomination silver coin struck by the United States government, and a mintage rarity.
Although 2,000 pieces were originally produced, only 1,758 were eventually released. Of this number, it has been estimated that approximately 135 pieces still survive in all grades, although some sources mention numbers as high as 150. This is a remarkably high number for a large denomination coin from the 18th century, and it proves that these coins were cherished from the beginning.
Many of the 1794 Flowing Hair Silver Dollars have been damaged and cleaned over the time, but due to the great rarity these are still always in demand in all grades. Mint made “problems” such as adjustment marks are also common, some consider these pieces to have lower values, although they remain desirable nonetheless.
As much as fifteen uncirculated pieces exist, including a few in exceptional quality.