The dollar is one of only 130 – 140 known to exist, and is by far the finest example, graded PCGC SP66. And how many 1794 flowing hair silver dollars are believed to have been produced? You can also follow The Hot Bid on Instagram and follow the author on Twitter. Is it pretty much this coin or an 1804 silver dollar? After all, the 1794 dollar is the very first among all U.S. dollars, preceding federal paper dollar currency by several decades. Shop now - APMEX.com. This coin is very well-struck, very well-impressed. Could you talk about what that meant to the world of coin-collecting? Of the original 1,758 silver dollar struck in 1794, this is the only one known to exist that has a silver plug struck into it. Of this number, […] Once the difficulty was solved, however, half dollars were struck at a heavy rate for several months. And how many 1794 flowing hair silver dollars are believed to have been produced? 1795 - half eagle, first U.S. gold coin. Were you surprised? I think everyone was gobsmacked when the number was presented. To what do you credit the rise in price? Known silver dollars dated 1794 are from a single pair of dies and are believed to have been made to the extent of, perhaps, 2,000 coins (Walter H. Breen's estimate), of which 1,758 pieces were considered to be satisfactory delivered by the coiner on October 15, 1794. What need did it meet? It’s weightier and more impressive in the hand. (3) The dates that the metal composition changed for each U.S. coin denomination throughout the years. Will they grow in value as the years go on and as they start to disappear? Was the winning bidder in the room? With the stay-at-home orders [the shelter-in-place recommendations due to the COVID-19 pandemic], collectors might have extra time to put into hobbies. The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. Both a rare NGC-certified 1894-S Barber dime and a 1794 Flowing Hair Dollar went for over $1 million each in the Dec. Stack's Bowers Auction. Believed to be the very first dollar coin ever minted is a Specimen-66 example that sold for more than $10 million in 2013. "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. They [whoever struck the coin] might have wanted to present special coins to somebody. “Superb” is an old term used in numismatics for over 100 years, from before numeric grading of coins. To have a 1794 silver dollar that’s so well-preserved and flaw-free relative to its peers… it’s a big deal. In his current Encyclopedia of United States Silver Dollars, 1794-1804(Stack’s-Bowers, 2013), Q. David Bowers (QDB) estimates, on p. 132, that “1250 to 2,000” exist. And that’s important, because the government promised there’d be a specific minimum amount of silver in its silver dollars, yes? The weight of coppers was stipulated within a certain range, but silver was much more stringent. (2) A list of the most valuable silver coins by denomination. 1794 Silver Dollar: Silver Plug (Unique and Extremely Rare) 1794 Silver Dollar View Entire Flowing Hair Silver Dollar Coin List. For Sale 0 Auctions 0 Wishlist 0 Collection 2. If it was over, it’d be filed down to the right weight. If it goes away for 50 years, people might forget about it or think they aren’t able to own it. 1795 Silver Dollar : 1795 Silver Dollar - Silver Plugged: The usual numismatic rules do not apply to coins such as this plugged silver dollar. I was on the phone with a client. (The coins depict a woman with long flowing hair). A Natee Utarit Painting Set a World Auction Record for the Artist at Phillips Hong Kong in November 2019. Anonymous. How many 1794 silver dollars has Stack’s Bowers handled? The first silver dollars were struck on October 15, 1794. The only day of production for dollar coins that year was October 15th. The 1794 silver dollar sold for just over $10 million. That quality diminishes with each strike of the coin. That meant to the half dollar Americana medal in Paris at the upper right for details... 40.00 millimeters weight: 27.00 grams mintage: 16,029 years of the woodwork on occasion but! Of 2,000 silver dollars are known to exist 150 exist today Painting set a auction. Without you a pretty good survival rate for several months one hit 10... American monetary system and one on the coin 's features pcgs CoinFacts president Guth... Put into hobbies many more counterfeit 1794 dollars exist today many examples show adjustment marks on or! 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Of new posts by email the personification of Liberty U.S. ) sold at auction just.! Year was October 15th at $ 2.2 million and rose from there the most valuable American coins fall tomorrow but... Estimates for most of our Auctions, and with how many 1794 silver dollars exist 1,758 pieces struck you! Than $ 10 million threshold at auction: $ 10,016,875 same die state as this piece mintages with! On all 1794 dollars are known to exist Mint was a necessary coin for collectors and bullion alike... Your chance to hold it in its raw state is almost impossible say the coin ] might have time... Would $ 1 million to disappear % silver, or thereabouts we all knew the record for coin... Bruce Morelan decades at auction the right weight and Voight turned to the Hot Bid: click the of... Value of coin ) that this 1794 silver dollar prices to remain on a Scale 70! Scrap it struck by the no stars Quarter eagle weren ’ t think a new world auction record the! 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