1795 Flowing Hair Dollar Value: History, Silver, and More

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Striking black and white studio portrait of a woman with long hair flowing elegantly.
Credit: pexels.com, Striking black and white studio portrait of a woman with long hair flowing elegantly.

The 1795 Flowing Hair Dollar is a rare and valuable coin, with only 1,758 minted.

The Flowing Hair Dollar was the first dollar coin produced by the United States Mint, and it was designed by Robert Scot.

This coin is made of 90% silver, which is a significant factor in its value.

The Flowing Hair Dollar features a portrait of Lady Liberty on the obverse side, and an eagle on the reverse side.

The coin's design was meant to be a symbol of the new American nation, but it was also criticized for being too similar to the British guinea.

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History and Background

The 1795 Flowing Hair dollar has a rich history that dates back to the early days of the United States. The country established its standard monetary unit on July 6, 1785, and the Philadelphia mint started working in 1793.

The new currency was named after the Spanish dollar, also known as the Piece of Eight. The Philadelphia mint produced a remarkable coinage, but its mintage was low due to the lack of silver in those times.

Credit: youtube.com, Important Piece of History: 1795 Flowing Hair Silver Dollar PCGS VF35

Robert Scot designed the Flowing Hair dollar, which was minted only two years, in 1794 and 1795. The same year, the mint in Philadelphia came up with a new coin type.

The Early Dollars category includes two types of coins: Flowing Hair dollars and Draped Bust dollars. Here's a breakdown of the mintage numbers for the 1795 Flowing Hair and Draped Bust dollars:

Many Americans wanted to see George Washington on the coin obverse, but he was firmly against that British royal custom.

Flowing Hair Value

The 1795 Flowing Hair dollar is a highly valuable coin, with prices ranging from a few thousand dollars to over $100,000.

Experts estimate that only about 3,945 coins of the 160,000 produced in 1795 still exist.

The value of a 1795 Flowing Hair dollar in circulated condition is worth significantly more than its weight in silver, which is $25.31.

In about good condition, the two leaf variety is worth around $1,400, while the three leaf variety is worth around $1,250.

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Credit: youtube.com, 1795 Flowing Hair NGC XF45 $1

The silver plug variety is worth around $2,000 in about good condition.

Here's a rough breakdown of the values for each variety in different conditions:

In average circulated condition, a 1795 Flowing Hair dollar is worth around $1,122.00, while one in certified mint state (MS+) condition can bring as much as $112,174 at auction.

The most valuable Flowing Hair Dollar is worth $825,098, but this is for a 1794 coin, not a 1795.

Silver Coin Information

Silver coins have been a popular choice for collectors and investors for centuries, and for good reason. They're a great way to own a piece of history and potentially earn a profit.

The 1795 flowing hair dollar is a prime example of a silver coin that's highly sought after by collectors. The coin features a flowing hair design on the obverse, which is where its name comes from.

The flowing hair design on the 1795 dollar is a nod to the classical style of ancient Greek and Roman coins. This design element has contributed to the coin's enduring popularity among collectors.

In terms of value, the 1795 flowing hair dollar can be worth thousands of dollars, depending on its condition and rarity.

The Silver History

Dollar Bill on Display
Credit: pexels.com, Dollar Bill on Display

The first silver dollars were minted in the United States from 1794 to 1804, with two types of coins being produced during this time.

The Early Dollars category includes two types of coins, the Flowing Hair dollar and the Draped Bust dollar.

The Flowing Hair dollar was designed by Robert Scot and minted only two years, in 1794 and 1795.

The Philadelphia mint produced 160,295 Flowing Hair dollars in 1795.

The Draped Bust dollar, designed by Gilbert Stuart, was issued from 1795 to 1804.

The Philadelphia mint produced 42,738 Draped Bust dollars in 1795.

A total of 203,033 silver dollars were minted in 1795.

The new currency got a name after Piece of Eight, the Spanish dollar.

The lack of silver in those times made the mintage of these coins low.

Many Americans wanted to see George Washington on the coin obverse, but he was firmly against that British royal custom.

Coin Info

The 1795 Flowing Hair silver dollar is a scarce coin, but it's more common than its 1794 counterpart. It's a great option for type set collectors who want a Flowing Hair dollar, as it's often more affordable.

Detailed close-up of an old US penny on wood, showcasing its rustic texture.
Credit: pexels.com, Detailed close-up of an old US penny on wood, showcasing its rustic texture.

These coins were minted in the Philadelphia mint, and there are two early American dollars issued in 1795. They appear in five types of coins, plus Special Strikes. The obverse of the silver dollar coin was changed from the Flowing Hair design to the Draped Bust design in late 1795.

The 1795 Flowing Hair silver dollar is a transitional coin, marking the change from the Flowing Hair design to the Draped Bust design. This design change led to the popularity of the rare 1804 Draped Bust silver dollar.

An entry-level 1795 Flowing Hair silver dollar in Good-4 condition without any signs of cleaning, holes, or damage can cost over $2,000. Prices vary based on each coin's individual condition, but damaged 1795 Flowing Hair dollars tend to trade for more than $1,000.

The 1795 Flowing Hair silver dollar is generally categorized into one of three types: the 1795 Flowing Hair Two Leaves dollar, the 1795 Flowing Hair Three Leaves dollar, and the 1795 Flowing Hair Silver Plug dollar. The number of leaves refers to a design variant identified by counting the number of leaves beneath each wing of the heraldic eagle on the silver dollar's reverse.

Production of the Flowing Hair dollar continued throughout much of 1795, but the type was replaced by the Draped Bust design in October of that year.

Frequently Asked Questions

How many 1795 flowing hair dollars exist?

The estimated number of 1795 flowing hair dollars produced is around 160,295, although some may be dated incorrectly as 1794. However, the true rarity lies in the 1794 flowing hair dollar, which is a major rarity in all grades.

Tasha Kautzer

Senior Writer

Tasha Kautzer is a versatile and accomplished writer with a diverse portfolio of articles. With a keen eye for detail and a passion for storytelling, she has successfully covered a wide range of topics, from the lives of notable individuals to the achievements of esteemed institutions. Her work spans the globe, delving into the realms of Norwegian billionaires, the Royal Norwegian Naval Academy, and the experiences of Norwegian emigrants to the United States.

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