1. The Flowing Hair Dollar represents the very first silver dollar and the largest silver denomination minted in the United States. The coins were produced for just two years from 1794 to 1795 at the Philadelphia Mint. The 1794 is a famous rarity and one of the keys to a complete set of silver dollars, while the 1795 relatively more available.
2. The Flowing Hair silver dollar is a rare coin that marks the beginning of America’s official production of the dollar — which is our nation’s base unit of currency. Flowing Hair Dollars Are Rare. When those first Flowing Hair dollars were released in 1794, there weren’t many to go around.
3. The Flowing Hair dollar was the first dollar coin issued by the United States federal government. The coin was minted in 1794 and 1795; its size and weight were based on the Spanish dollar, which was popular in trade throughout the Americas.
4. The Lady Liberty silver dollar from 1794 and 1807. The Lady Liberty Flowing Hair and Draped Bust are the two versions of this dollar. The Lady Liberty Flowing Hair silver dollar was only produced from 1794 to 1795 and is considered one of the rarest coins in America. The production of the Draped Bust silver coin began in 1795 and lasted through.

One of the first dollar coins that was made by the US Mint almost 200 years ago is now being auctioned as the owner feels it is 'time to move on'.

The Flowing Hair silver dollar scores an impressive 66! “Comparatively, another 1794 silver dollar graded at just 35 sold in 2019 for $288,000” notes Smithsonian Magazine. Associated Press speaks to Professional Coin Grading Service of Santa Ana president Brett Charville, who reveals “one graded at 12 sold last year for $99,000”.

Flowing Hair Silver Dollar For Sale

The silver dollar coin was stuck by the US Mint back in 1794. The coin is known as 'Flowing Hair' dollar. It features a portrait of Lady Liberty with long open hair on one side and an eagle on the other.

Bruce Morelan, who owns the rare 1794 silver dollar, feels it is time to let go of this precious collection and move on to next adventures. 'This is a dream coin -- a priceless artifact that I have been proud to own, and I'm very sorry to see it go,' he told a local media house.

Morelean got this coin in 2013 for nearly $10 million. However, he now feels that it is 'time to move on to other challenges and I hope that the new owner of the coin treasures it just as much as I have.'

Over 200 years ago when the United States Congress passed the Coinage Act of 1792 and established country's first national mint in Philadelphia, this was one of the first dollar coins that was produced.

Flowing Hair Silver Dollars

'The Constitution had specified that the dollar was going to be the cornerstone of the US monetary system,' Douglas Mudd, the curator and director of the American Numismatic Association's Money Museum told local media house.

1796 Flowing Hair Silver Dollar

The mint started producing silver coins in 1794, but these silver coins were not for public use but were to be distributed as souvenirs to specific 'important' people of the society as a PR policy.

The 'Flowing Hair' figure of Liberty was inspired from Roman coins where female figures were used to represent freedom.

A total of 1,758 coins were produced, out of which 130-140 coins are still out in the world.

Flowing Hair Silver Dollar Worth

The auction, which can have a low turnout due to the novel coronavirus pandemic, will be held at Legend Auctions on October 8 at The Venetian Hotel in Las Vegas.