LIBERTY is above, and the date is below. Silver plugged specimens the planchet and insert a plug of silver to raise the weight to the correct The Morgan dollar was a United States dollar coin minted from 1878 to 1904, in 1921 and 2021. The differences are not subtle. 1795 Flowing Hair Silver Dollar $1 Coin ANACS G-6 Details Scratched. dollars. Production of Flowing Hair dollars dated 1795 employed 10 known different The 1795 silver dollar's 203,033 mintage isn't very impressive. Among early silver dollars, the Draped Bust obverse combined with the Small Eagle reverse may be the scarcest type. or Best Offer. The border of this and other early dollars is composed of denticles. (Only a fraction of them remain.) It suggests that it is available, but that is relative to other silver dollars. “three leaves” type. into two basic categories based upon the appearance of the wreath on the reverse The shrewd buyer of your 1794 prize is merely trying to exploit an old suggestion that this actually occurred. Eight stars are to the left and seven are to the right. As with so many stories of our early coinage, however, there is not one shred of evidence from that period to link Stuart with this design. The Flowing Hair Half Dollar was among the first of all silver coins to be struck at the Philadelphia Mint. For this reason, type set collectors who desire a Flowing Hair dollar will tend to focus on buying a 1795 issue because it is the more affordable option in most cases. $5,193.50 . By the next year, minting capacity had improved. the highest hair curl at the back of the head is thin. especially the very first years. Among the four dates, 1795-1798, while 1797 is the lowest mintage, prices for all four are roughly the same. Regardless of striking quality or level of preservation, a 1794 Flowing Hair Silver Dollar is extremely important in numismatic circles, and the ownership of even a low-grade and/or impaired example is the mark of an important collection. Also, Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. The new Flowing Hair Silver Dollars were not well received by the Early Americans, as the older, ... dollar, a superb Gem Specimen example, the finest known to exist. BB-27. AU coins are rare, and pieces which can be described as strictly Uncirculated are very rare. or Best Offer. The total production of 1795 dollars (including both the Flowing Hair and Draped Bust types) totalled 203,033. on the inside of the wreath beneath each of the eagle’s wings. Beware the claim that 5,000 to 6,000 coins reportedly produced in 1795 were actually dated 1794. The Redbook groups these varieties into two basic categories based upon the appearance of the wreath on the reverse surrounding the eagle. When you compare the 1795 to most coins from any other period, it's suddenly a pretty tough coin and an important one as well. Two types were struck in 1795, the Flowing Hair and the Draped Bust. Draped Bust dollars saw a small mintage of just 42,738 pieces in 1795 and only a fraction of these, perhaps as few as 4,000, survive today in any grade. However, mint employees used coin dies until they broke. The first auctioned off at just over $10 million in 2013. $3,294.50. level. of Liberty, and so is “hidden” from her view. weight. LearCapital: The Gold and Precious Metal Leaders. of the truncation of the neck, and there is no loop beneath the truncation. The so-called “Head of ‘94” style displays a portrait Approximately 130 different specimens are known, most of which are in grades from Fine to Very Fine. The Redbook groups these varieties The obverse depicts the small head of Miss Liberty facing right, with flowing hair. The Flowing Hair dollar design of 1794-1795 is similar to that used on contemporary half dimes and half dollars. E-Mail: Some varieties featured 2 leaves under each wing and the other features 3 leaves under each wing. portrait of Miss Liberty. between 30 and 80 - making them quite rare indeed. actually a distinct die variety itself, but, rather, is an artifact of rather similar to that used on the 1794 dollar, with the tip of the neck ending in a It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar.The coin is named after its designer, United States Mint Assistant Engraver George T. Morgan. obverse dies and 11 known different reverse dies, combining to create 19 1795 Flowing Hair Silver Dollar $1 Coin ANACS G-6 Details Scratched. The 1795 Draped Bust dollar is, like all early American dollars, a relatively scarce coin. All known 1797 dollars were struck from just three pairs of dies and all such die varieties are notably different. Total mintage for the 1795 silver dollar of 203,033 may not impress you much. Most 1795 Draped Bust dollars range in price from … It could be fairly argued that each of these three is a major design subtype, though I maintain that just two are subtypes and the thir… 1795 Draped Bust Silver Dollar $1 Coin ANACS VF-35 Details Plugged. It suggests that, while certainly a better coin, it is probably available. slightly perceptible border along the edge of the plug. For the year in common, a mintage breakdown between the two reverse designs is unknown. Free shipping. of the head is thick. [email protected] The series was issued for only two years from 1794 to 1795 and survivors are scarce, particularly for the lower mintage first year of issue. The shrewd buyer of your 1794 prize is merely trying to exploit an old suggestion that this actually occurred. Today the 1794 dollar is a rarity. While it appears these first minted dollars were struck in abundance, only 1758 of the 1794 date were produced. Most pieces seen are in grades from About Good to Very Fine. The so-called “two-leaves” variety depicts smaller, more delicately structured leaves with … more blunt or rounded fashion. $12,500.00. A thin silver sliver was added to the blank planchet to increase the weight. Free shipping. 1795 Flowing Hair Silver Dollar NGC EF40 (XF40). Precious metals, like all investments, carry risk. There is also a noticeable “pinch” in the middle The resulting “adjustment marks” are quite common among early dollars, 1795 Flowing Hair Silver Dollar NGC EF40 (XF40). The so-called “two-leaves” variety depicts or Best Offer. A single pair of dies accounts for all known examples of this date. Lear Capital does not provide legal or tax advice, or retirement-specific recommendations. different individual die varieties. One of the stars is positioned completely beneath the tip of the bust This was accomplished by punching a hole in the planchet and inserting the sliver into the hole, extending slightly past the actual planchet surface. production. wings. Original 3 leaves. Also, the highest hair curl at the back Supporting this theory is the existence of at least one 1795 silver dollar (BB-14) plainly overstruck on a 1794 dollar. The silver plug dollars (three or four similar half dollars exist, as well as a single 1794 dollar) were created within the Mint in 1795. stars. It is estimated that approximately 42,000 dollars were struck bearing the Draped Bust design. The heraldic eagle reverse was used from 1798 until 1804. The second, in 2015, went for just under $5 million. The 1795 off-center bust, known as variety B-14 or BB-51, is unique to the date and an obvious bad numismatic choice for a family of differently dated counterfeits! Two copper patterns exist of this date, both unique. There existence in all grades combined, making it somewhat scarcer than the so-called The reverse depicts an open wreath enclosing a "small" eagle perched on a cloud. still be in existence in all grades combined, making it somewhat more available estimate of 75-100 silver plug examp les exist in all grades and all varieties. Extremely Fine pieces are scarce, but still they appear on the market with some frequency. It hardly seemed worth the effort. time. are known to exist in several die varieties. Numismatic researchers believe that an estimated total of 390,000 silver dollars were struck with a 1795 date. There are many types of non-ferrous metal besides silver, and many of the counterfeits are made of them. 1847-CC, 1848-CC Seated Dollar, 1864-CC Seated Dollar. "Flowing Hair" Silver Dollar: 1794-1795: 27 grams: 39-40mm: 0.900 silver: 0.7813 oz t "Draped Bust" Silver Dollar (1795-1804) Coin Type: Date: Coin Weight: Diameter: Purity: Silver Amount (Troy Ounces): "Draped Bust" Silver Dollar: 1795-1804: 27 grams: 39-40mm: 0.900 silver: 0.7813 oz t: Note - only 15 genuine examples of the famous 1804 dollar are thought to exist. If your coin does not stick to a magnate that does not mean it is genuine. there is a loop beneath the truncation. There were a few major varieties of the 1795 Flowing Hair Silver Dollar. Production of Flowing Hair dollars dated 1795 employed 10 known different obverse dies and 11 known different reverse dies, combining to create 19 different individual die varieties. However, it must be remembered that this mintage total includes both the Flowing Hair type and 42,738 of the Draped Bust design. than the two leaves type. Original 3 leaves. A set of all three is not too hard to assemble. surrounding the eagle. This was the first time the Draped Bust design ever appeared on U.S. coins - it showed up later on Half Cents in 1800 and on Large Cents, Half Dimes, Dimes, Quarter Dollars, and Half Dollars in 1796. 1795 Flowing Hair and Draped Silver Dollar, 1796 Flowing Hair and Draped Bust Silver Dollar, 1797 Draped Bust Silver Dollar, 1799 Draped Bust Silver Dollar . design appeared on the first United States Silver Dollars in 1794, but only lasted until sometime in 1795, when it was replaced with the Draped Bust design. During the early years, the Mint did not possess the technology Many examples show adjustment marks on one or both sides, where excess metal was filed from the planchet before striking. Therefore some 1795 dated coins were also minted well into 1796. Examples are apt to show mint-caused adjustment marks and to be lightly struck in certain areas. Free shipping. Experts estimate the number at All rights reserved. Information contained within Lear Capital sites and publications is for general educational purposes and should not be construed as investment advice. The “three-leaves” variety depicts larger, heavier leaves with three leaves Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Boudinot soon ordered that production of minor denominations be increased. An estimated 4,200 specimens of the three leaves type are thought to Most of these exhibit some type of problematic collector issue, such as signs of a past cleaning, holes, or other damage. The second test is to weigh your coin in grams. remake the planchet from scratch, Mint employees would drill a hole near the center of Mint records indicate that 203,033 1795 silver dollars were minted. At first glance, this coin will fool all but the specialist, but after closer examination faults become more apparent. $3.90 shipping. All rights reserved. $12,500.00. By contrast, with the silver plug coins, Type: Flowing Hair Dollar Year: 1795 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 160,000 [ Silver Content: 90% Silver Weight:.7735 oz. health in June of 1795. The Redbook also recognizes a “silver plug” variety, which is not This was only the second year the US struck One Dollar coins and this was the largest denomination in silver. UNITED STATES OF AMERICA surrounds. $9,750.00 . Somewhat more common are the Flowing Hair Dollars of 1795 with the original mintage of 160,295. or Best Offer. Hair dollars of 1795 also display distinctively different styles of the obverse As several die states exist, the striking could not have been continuous, but was interrupted by the removal of the dies from the press for resurfacing (relapping) after clash marks were sustained early in their life (see Die States below). At first, presses at the United States Mint really couldn’t produce silver dollars very quickly, and less than 2,000 were made in 1794. So, while the value of the U.S. dollar has depreciated over the years, this first dollar has increased in value far beyond the wildest dreams. Once the coin was struck, the plug would flatten out and become less Free shipping. showing prominently on the inside of the wreath beneath each of the eagle’s Sign up for investor news, market insights, special offers, and more. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment. It also helps to have a genuine coin of the same type and era for a side-by-side comparison. One such coin was a 1794 Silver Dollar, on two separate occasions. is no longer a noticeable “pinch” in the middle of the truncation of the neck, and