Copyright © 1995-2021 eBay Inc. All Rights Reserved. There were only 1,758 struck at the new federal mint in Philadelphia they are very rare. See each listing for international shipping options and costs. Flowing Hair Dollar (1794-1795) - Coins for sale on Collectors Corner, The Collectibles Marketplace, where you can buy safely from the world's top Coins dealers. We have a great online selection at the lowest prices with Fast & Free shipping on many items! "Because of its significance in 1794, it was likely seen at the time by President George Washington, Secretary of State Thomas Jefferson who oversaw the Mint, and by Alexander Hamilton, the first Secretary of the Treasury,” Bell said. This page was last updated: 11-Jan 15:17. It was presented to then-Secretary of State Edmund Jennings Randolph, who referred to it with a letter to President George Washington. Morelan bought the Flowing Hair dollar from the nonprofit Cardinal Collection Educational Foundation of Sunnyvale, California, which bought it in 2010 for $7.85 million from Steven Contursi, a collector who acquired it for an undisclosed sum in 2003. "This coin is the Holy Grail of all dollars," said Laura Sperber, president of Legend Numismatics in Middletown's Lincroft section. Get the best deal for US Early Dollar Coins (1794-1804) from the largest online selection at eBay.com. Morelan's Flowing Hair dollar is the centerpiece in the auction that will also feature 14 other early American silver dollars from his collection. NEW YORK, Jan 24 (Reuters) - A 1794 silver dollar, which many experts believe was the first such coin struck by the U.S. Mint, sold for a record $10 million at auction on Thursday. A fine specimen of this coin sold at auction for ten million dollars in 2013 making this the most valuable coin ever sold. Designed by Robert Scot, the Flowing Hair Silver Dollar was the first dollar coin issued by the U.S. government. ", first silver dollar minted by a newborn United States, Pennies, nickels, dimes and quarters part of latest COVID-19 shortage, Your California Privacy Rights/Privacy Policy. Indeed, all 1794 dollars are very scarce, and perhaps less than 150 exist today. A rare 1794 silver dollar believed to be one of the first — if not the first — to be struck by the US Mint is going up for sale. The 1794 dollar is extremely rare and is one of the great classic coins in American numismatics. According to a press release on the PCGS website dated May 21, 2010, the Neil-Carter 1794 Specimen Silver Dollar was sold by Rare Coin Wholesalers (in a sale brokered by Greg Roberts of Spectrum Group International) for $7,850,000, a record price. Silver coinage started in 1794 with two denominations the dollar and half dollar; both were identical in design (half dimes of this date were coined the following year). Silver Dollars for Sale at JM Bullion. | Browse our daily deals for even more savings! {"modules":["unloadOptimization","bandwidthDetection"],"unloadOptimization":{"browsers":{"Firefox":true,"Chrome":true}},"bandwidthDetection":{"url":"https://ir.ebaystatic.com/cr/v/c1/thirtysevens.jpg","maxViews":4,"imgSize":37,"expiry":300000,"timeout":250}}, Older Group. The Lady Liberty Flowing Hair silver dollar was only produced from 1794 to 1795 and is considered one of the rarest coins in America. However, you can add examples of Bust Dollars to your collection for generally less than $5,000. The first struck 1794 Silver Dollar is currently valued at $10 million dollars, while all 1804 Silver Dollars are rare and are generally worth over $1 million each. — A rare 1794 U.S. silver dollar, believed to be the first ever silver dollar minted by a newborn United States, is going up for sale by a New Jersey coin dealer. This page also shows coins listed for sale so you can buy and sell. Though it is still the most circulated denomination in the United States, the dollar has taken on a drastically different look than the original dollar coins offered by the United States Mint in 1794. Of the 1,758 coins minted in 1794, only a fraction remain. Early Silver Dollars (1794-1839) Liberty Seated Dollars (1840-1873) Trade Dollars (1873-1885) See More Categories. 1794 dollar sells. The dollar was deemed the most prestigious, so Mint officials decided to strike that first. A rare 1794 U.S. silver dollar, said to be among the first ever minted, is on display, Thursday, Aug. 6, 2020, in Las Vegas. Need a price instantly? "If we could test its DNA, it would be incredible. "It is believed to the very first one struck," Sperber said. In the year 1794, the United States Mint in Philadelphia produced three different denominations in silver, the half dime, half dollar, and silver dollar. Bulk Silver Dollars. The first silver dollar issued by the young United States Government. The sale, by Legend Auctions, will be Oct. 8 at The Venetian Hotel in Las Vegas and online. The entire collection is estimated to bring in $15 million to $18 million, with the Flowing Hair dollar expected to bring in at least $10 million. It is "extremely significant.". The record-setting 1794 dollar was the highlight of a public auction conducted by Stack's Bowers Galleries on January 24, 2013 in New York City. It is the latter, the 1794 Silver Dollar (Buy on eBay), which has become to be the most famous of the group. The owner of a 1794 U.S. silver dollar believed to be among the first ever minted and shown to be the most expensive ever sold is preparing to put the coin up for public auction in Las Vegas. Dubbed the "Flowing Hair" dollar, the coin features a portrait of Lady Liberty on one side and an eagle on the other. Buy & Sell This Coin. A 1794 silver dollar, which many experts believe was the first such coin struck by the U.S. Mint, sold for a record $10 million at auction on Thursday. The Mint Act of April 2, 1792 specified the silver dollar and gold eagle as the monetary units of the United States. It includes one of the eight known 1804 dollars specially struck as diplomatic gifts in the mid-1830s. A rare 1794 U.S. silver dollar, believed to be the first ever silver dollar minted by a newborn United States, is going up for sale by a Middletown coin dealer. It features Lady Liberty ringed with stars on one side and an eagle on the other. One unique specimen featuring pristine hair details, sharp stars, and a mirrored surface has been graded SP-66 and is considered the finest known example of this historic coin. All Pre-1950! The coin was once part of the Cardinal Collection Educational … Powered By. Believed to be the very first dollar coin ever minted is a Specimen-66 example that sold for more than $10 million in 2013. Dubbed the “Flowing Hair” dollar, the coin features a portrait of Lady Liberty on one side and an eagle on the other. Fill out the form below. "This coin is the Holy Grail of all dollars," said Laura Sperber, president of Legend Numismatics in Middletown's Lincroft section. Somebody is still making money on Wall Street and he used “in the area of $1.5 million” of it to buy an MS-63+ 1794 silver dollar. The Lady Liberty silver dollar from 1794 and 1807. The 1794 Flowing Hair Silver Dollar was the first U.S. silver dollar. Something went wrong. A 1794 silver dollar, which many experts believe was the first such coin struck by the U.S. Mint, sold for a record $10 million at auction on Thursday. View cart for details. The highlight of the evening was the $10,016,875 sale of the coveted 1794 Flowing Hair silver dollar, a superb Gem Specimen example, the finest known to … It had an almost minuscule mintage, saw heavy circulation, and served as the image of the young United States to the outside world. Not all cost $10 million. is for sale! We can give you the price over the phone, help you with the purchase process, and answer any questions. National coin shortage: Pennies, nickels, dimes and quarters part of latest COVID-19 shortage. | Free shipping on many items! Toll Free in the U.S. 1-866-284-4125 +1 339-222-5134. A rare 1794 silver dollar believed to be one of the first -- if not the first -- to be struck by the US Mint is going up for sale. US Early Dollar Coins (1794-1804) for sale | eBay The United States silver dollar denomination was authorized by the Mint Act of April 2, 1792, but not produced until the fall of 1794. Another 1794 silver dollar, graded 35 of 70, sold in January for $288,000, and one graded at 12 sold last year for $99,000, he said. Get a price in less than 24 hours. "You have to wonder who was there and who handled it," Sperber said. ASBURY PARK, N.J. – A rare 1794 U.S. silver dollar, believed to be the first silver dollar minted by a newborn United States, is going up for sale by a New Jersey coin dealer. Ron Guth: . Silver Dollars (1794-1978) View All Products. The coins were produced for just two years from 1794 to 1795 at the Philadelphia Mint. Charville grades it a specially made “specimen,” above mint condition, and a 66 on a scale with 70 being perfect. No Culls. “Coins are in my blood, and the 1794 dollar was a lifelong dream,” Morelan said in a statement. 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