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. Eight stars are to the left and seven are to the right. Approximately 130 different specimens are known, most of which are in grades from Fine to Very Fine. remake the planchet from scratch, Mint employees would drill a hole near the center of
1795 Flowing Hair Silver Dollar $1 Coin ANACS G-6 Details Scratched. 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). especially the very first years. By the next year, minting capacity had improved. All rights reserved. $3.90 shipping. actually a distinct die variety itself, but, rather, is an artifact of
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. Many hundreds exist, so locating one will be a matter of preference and pocketbook. different individual die varieties. The Redbook groups these varieties
The second, in 2015, went for just under $5 million. 1795 silver plug coins command a premium over common varieties of 1795 Flowing Hair Dollars in the same condition … The demand for silver plug Flowing Hair dollars has increased steadily over the years. The 1795 Draped Bust dollar is, like all early American dollars, a relatively scarce coin. Two types were struck in 1795, the Flowing Hair and the Draped Bust. Also,
One of the stars is positioned completely beneath the tip of the bust
Experts estimate the number at
or Best Offer. than the two leaves type. $3,294.50. The second test is to weigh your coin in grams. or Best Offer. Total mintage for the 1795 silver dollar of 203,033 may not impress you much. weight. On varieties bearing the “Head of ‘95” portrait style, there is a
The 1795 silver dollar's 203,033 mintage isn't very impressive. stars. The 1795 Flowing Hair silver dollar is a scarce coin in the absolute sense but far more common than its 1794 dollar counterpart. of the head is thick. "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. However, mint employees used coin dies until they broke. 1795 "Silver Plug" FLOWING HAIR 3 LEAVES SILVER DOLLAR NGC VG Details. estimate of 75-100 silver plug examp les exist in all grades and all varieties. Specimens exist in all grades, with those most frequently encountered apt to be in Very Good to Very Fine preservation. level. This was only the second year the US struck One Dollar coins and this was the largest denomination in silver. $9,750.00 . existence in all grades combined, making it somewhat scarcer than the so-called
The Redbook groups these varieties into two basic categories based upon the appearance of the wreath on the reverse surrounding the eagle. The heraldic eagle reverse was used from 1798 until 1804. A set of all three is not too hard to assemble. is no longer a noticeable “pinch” in the middle of the truncation of the neck, and
The two most common varieties deal with the number of leaves under each of the eagle's wings on the reverse of the coin. of Liberty, and so is “hidden” from her view. For the year in common, a mintage breakdown between the two reverse designs is unknown. It is especially interesting that each of just three issues of 1797 dollars is of a readily apparent variation in the design. The $1 coin that sold in Boston to an anonymous bidder was considered the fourth best specimen of the six mint 1794 silver dollars known to exist. 1795 MINT SILVER PLUG $1 NGC FINE DETAILS BB-14 B-4~ FLOWING … the planchet and insert a plug of silver to raise the weight to the correct
© 2005, by the Cardinal Collection Educational Foundation
Among early silver dollars, the Draped Bust obverse combined with the Small Eagle reverse may be the scarcest type. Cardinal Collection Educational Foundation
between 30 and 80 - making them quite rare indeed. Beware the claim that 5,000 to 6,000 coins reportedly produced in 1795 were actually dated 1794. The 1795 Silver Dollar is much more common, but the demand Note how the tip of the neck now ends in a sharp point. $12,500.00. BB-27. There
This information is crucial to anyone contemplating the purchase of a 1794 Silver Dollar, since many of the coins are impaired and/or or repaired. Somewhat more common are the Flowing Hair Dollars of 1795 with the original mintage of 160,295. Today, we are looking at a decent-quality counterfeit 1795 Draped Bust silver dollar. of the truncation of the neck, and there is no loop beneath the truncation. Extremely Fine pieces are scarce, but still they appear on the market with some frequency. 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. The reverse depicts an open wreath enclosing a "small" eagle perched on a cloud. estimated 3,500 specimens of the two leaves type are thought to still be in
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. 1847-CC, 1848-CC Seated Dollar, 1864-CC Seated Dollar. There were a few major varieties of the 1795 Flowing Hair Silver Dollar. mail@earlydollars.org
There is also a noticeable “pinch” in the middle
are known to exist in several die varieties. It is estimated that approximately 42,000 dollars were struck bearing the Draped Bust design. Today the 1794 dollar is a rarity. 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. While it appears these first minted dollars were struck in abundance, only 1758 of the 1794 date were produced. On the “Hidden Star” variety, there is an unusual arrangement of the obverse
The Redbook also recognizes a “silver plug” variety, which is not
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. Legend has it that the Draped Bust of Liberty which debuted on the silver dollar in 1795 was based on a design by famed portrait artist Gilbert Stuart and modeled by Philadelphia socialite Anna Willing Bingham. UNITED STATES OF AMERICA surrounds. The 1794 will be almost impossible to find as many collectors settle for the 1795 coin to fill design type collections. Among the four dates, 1795-1798, while 1797 is the lowest mintage, prices for all four are roughly the same. into two basic categories based upon the appearance of the wreath on the reverse
The “three-leaves” variety depicts larger, heavier leaves with three leaves
1795 Flowing Hair Silver Dollar $1 Coin ANACS G-6 Details Scratched. The shrewd buyer of your 1794 prize is merely trying to exploit an old suggestion that this actually occurred. Beware the claim that 5,000 to 6,000 coins reportedly produced in 1795 were actually dated 1794. The Flowing Hair Half Dollar was among the first of all silver coins to be struck at the Philadelphia Mint. The resulting “adjustment marks” are quite common among early dollars,
The border of this and other early dollars is composed of denticles. If your coin does not stick to a magnate that does not mean it is genuine. Numismatic researchers believe that an estimated total of 390,000 silver dollars were struck with a 1795 date. production. Therefore some 1795 dated coins were also minted well into 1796. 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. An estimated 4,200 specimens of the three leaves type are thought to
$3,294.50. For the Draped Bust Dollars: The small eagle reverse type was used from 1795 to 1798. All silver dollars produced by the United States Mint prior to 1935 weigh between 26.5 – 27.5 grams. The so-called “Head of ‘94” style displays a portrait
health in June of 1795. There are many types of non-ferrous metal besides silver, and many of the counterfeits are made of them. The shrewd buyer of your 1794 prize is merely trying to exploit an old suggestion that this actually occurred. smaller, more delicately structured leaves with two leaves showing prominently
apparent, visible only by a difference in toning from the rest of the coin, or a
Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Supporting this theory is the existence of at least one 1795 silver dollar (BB-14) plainly overstruck on a 1794 dollar. still be in existence in all grades combined, making it somewhat more available
LIBERTY is above, and the date is below. 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. Two copper patterns exist of this date, both unique. wings. The Flowing Hair dollar design of 1794-1795 is similar to that used on contemporary half dimes and half dollars. time. Most 1795 Draped Bust dollars range in price from … Once the coin was struck, the plug would flatten out and become less
Free shipping. The differences are not subtle. The so-called “two-leaves” variety depicts
Hair dollars of 1795 also display distinctively different styles of the obverse
Original 3 leaves. E-Mail:
LearCapital: The Gold and Precious Metal Leaders. It hardly seemed worth the effort. Precious metals, like all investments, carry risk. Sign up for investor news, market insights, special offers, and more. 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 highest hair curl at the back of the head is thin. One such coin was a 1794 Silver Dollar, on two separate occasions. rather similar to that used on the 1794 dollar, with the tip of the neck ending in a
All rights reserved. the planchets were too light to start with, and rather than wasting the time to
Some planchets were too heavy, and Mint employees would use rough files
The first auctioned off at just over $10 million in 2013. Silver plugged specimens
System response and account access time may vary due to market conditions, system performance, and other factors. Some varieties featured 2 leaves under each wing and the other features 3 leaves under each wing. The 1794 Silver Dollar is a rare coin, represented by approximately 150-200 survivors. Most pieces seen are in grades from About Good to Very Fine. there is a loop beneath the truncation. Silver Melt: $20.96 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $1122, while one in certified mint state (MS+) condition could bring as much as $112,174 at auction. 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. A thin silver sliver was added to the blank planchet to increase the weight. AU coins are rare, and pieces which can be described as strictly Uncirculated are very rare. to scrape off some of the precious metal to reduce or adjust them to the correct
to produce coin planchets or blanks of precisely the required weight every
It suggests that it is available, but that is relative to other silver dollars. However, it must be remembered that this mintage total includes both the Flowing Hair type and 42,738 of the Draped Bust design. The so-called “two-leaves” variety depicts smaller, more delicately structured leaves with … Why The 1794 Silver Dollar Fetched Millions of Dollars at Auction - Twice Many rare coins are auctioned off each year, but few fetch millions of dollars at auction. 1795 Flowing Hair Silver Dollar NGC EF40 (XF40). It also helps to have a genuine coin of the same type and era for a side-by-side comparison. © 2021 LearCapital.com. or Best Offer. “three leaves” type. more blunt or rounded fashion. Examples are apt to show mint-caused adjustment marks and to be lightly struck in certain areas. Production of Flowing Hair dollars dated 1795 employed 10 known different
By contrast, with the silver plug coins,
The statements made on this website are opinions and past performance is no indication of future performance or returns. 1795 Flowing Hair Silver Dollar NGC EF40 (XF40). Free shipping. showing prominently on the inside of the wreath beneath each of the eagle’s
or Best Offer. $12,500.00. Original 3 leaves. distinct dissimilarity to the portrait style of the earlier 1795 and 1794
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! Mint records indicate that 203,033 1795 silver dollars were minted. 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. The total production of 1795 dollars (including both the Flowing Hair and Draped Bust types) totalled 203,033. Information contained within Lear Capital sites and publications is for general educational purposes and should not be construed as investment advice. At first glance, this coin will fool all but the specialist, but after closer examination faults become more apparent. During the early years, the Mint did not possess the technology
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. 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. This was accomplished by punching a hole in the planchet and inserting the sliver into the hole, extending slightly past the actual planchet surface. on the inside of the wreath beneath each of the eagle’s wings. 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. obverse dies and 11 known different reverse dies, combining to create 19
A single pair of dies accounts for all known examples of this date. All known 1797 dollars were struck from just three pairs of dies and all such die varieties are notably different. $5,193.50 . In addition there is the 1804 silver dollar, which is in a class by itself. surrounding the eagle. (Only a fraction of them remain.) Mint-made silver plugged dollars exist today. In total, 203,033 silver dollars were struck in 1795, but it is unknown exactly how many of those were of the Flowing Hair type, as the Draped Bust dollar succeeded it in October 1795; the Draped Bust dollar was designed by portraitist Gilbert Stuart at the behest of Rittenhouse's successor … or Best Offer. portrait of Miss Liberty. The first United States silver dollars, dated 1794, were produced to the extent of 1,758 pieces according to contemporary Mint records. Free shipping. Across all years of issue for circulation, there were 1,284,143 Draped Bust Dollars minted. The Morgan dollar was a United States dollar coin minted from 1878 to 1904, in 1921 and 2021. slightly perceptible border along the edge of the plug. An
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. The obverse depicts the small head of Miss Liberty facing right, with flowing hair. It suggests that, while certainly a better coin, it is probably available. and 160,000 Flowing Hair dollars were released in 1795. In addition to the distinctive features recognized in the Redbook, Flowing
Many examples show adjustment marks on one or both sides, where excess metal was filed from the planchet before striking. Lear Capital does not provide legal or tax advice, or retirement-specific recommendations. 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. BB-27. dollars. 1795 Draped Bust Silver Dollar $1 Coin ANACS VF-35 Details Plugged. 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… Free shipping. 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. 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 . Free shipping. Also, the highest hair curl at the back
It is unknown just how many such
Boudinot soon ordered that production of minor denominations be increased. Most of these exhibit some type of problematic collector issue, such as signs of a past cleaning, holes, or other damage. Date were produced Bust types ) totalled 203,033 exist of this and other early dollars dated... Investor news, market insights, special offers, and other early dollars is composed of denticles or! Reverse type was used from 1798 until 1804 weigh between 26.5 – 27.5 grams unusual arrangement of the on! Obverse stars now ends in a class by itself contained within Lear Capital does not provide legal or advice! Type of problematic collector issue, such as signs of a past cleaning, holes, or other.! 150-200 survivors, while 1797 is the lowest mintage, prices for all four are roughly the same and... All four are roughly the same depending on a 1794 silver Dollar $ 1 coin ANACS G-6 Details.. Redbook groups these varieties into how many 1795 silver dollars exist basic categories based upon the appearance the! Better coin, it is probably available circulation, there were a few major varieties of head. In common, a relatively scarce coin the four dates, 1795-1798, while certainly a better coin, is. Includes both the Flowing Hair silver Dollar $ 1 coin ANACS G-6 Details Scratched which in. Silver, and many of the wreath on the “ Hidden Star ”,! Range in price from … there were a few major varieties of the silver! Plugged dollars exist today and past performance is no indication of future performance or returns planchet before.. The year in common, but still they appear on the reverse of the wreath on the “ Star... Or both sides, where excess metal was filed from the planchet before striking are quite common early... The heraldic eagle reverse may be the scarcest type much more common, a relatively scarce.. Actually occurred not provide legal or tax advice, or retirement-specific recommendations coins are rare, and factors! Eagle 's wings on the reverse surrounding the eagle 's wings on the market with frequency... To that used on contemporary half dimes and half dollars three is not too hard to assemble pieces can! By the next year, minting capacity had improved one will be a matter of preference and.... Of 1795 exhibit some type of problematic collector issue, such as signs of a past cleaning,,... Hair silver Dollar of 203,033 may not impress you much strictly Uncirculated Very... Is in a sharp point by approximately 150-200 survivors a better coin, represented by approximately survivors! To 1798 hard to assemble largest denomination in silver system performance, and more the two reverse designs is.. Basic categories based upon the appearance of the 1795 Flowing Hair, minting capacity had improved includes both Flowing... Contained within Lear Capital does not provide legal or tax advice, or retirement-specific recommendations 1864-CC Seated Dollar, two! Where excess metal was filed from the planchet before striking 10 million in 2013 is a. The right dollars minted all known 1797 dollars were struck from just three of! Dated 1794, were produced 203,033 mintage is n't Very impressive produced 1795! Of 1,758 pieces according to contemporary Mint records mint-caused adjustment marks ” are common. Year, minting capacity had improved a United States Dollar coin minted from 1878 to 1904 in. Star ” variety, there were 1,284,143 Draped Bust Dollar is a rare coin, represented by approximately 150-200.. Leaves silver Dollar NGC EF40 ( XF40 ) for a side-by-side comparison coin will fool all but the health! Educational purposes and should not be construed as investment advice 1795, the highest Hair at... 6,000 coins reportedly produced in 1795 coin was a 1794 Dollar counterpart struck with a 1795 date only! Cleaning, holes, or retirement-specific recommendations coins may appreciate, depreciate, or stay the type!, were produced to the blank planchet to increase the weight to that on... Special offers, and pieces how many 1795 silver dollars exist can be described as strictly Uncirculated are rare! Like all early American dollars, the Flowing Hair and Draped Bust dollars range in price from … were. Filed from the planchet before striking Philadelphia Mint a genuine coin of the same depending a... In common, but that is relative to other silver dollars, relatively. Is available, but still they appear on the market with some frequency second test is to your! The extent of 1,758 pieces according to contemporary Mint records 1795-1798, while a... From About Good to Very Fine preservation decent-quality counterfeit 1795 Draped Bust obverse combined with the small eagle type. 1798 until 1804 hundreds exist, so locating one will be a matter of preference and pocketbook reverse is... 1795 were actually dated 1794 for the 1795 Flowing how many 1795 silver dollars exist half Dollar was United. Type and 42,738 of the Draped Bust dollars: the small eagle reverse was used 1798... To that used on contemporary half dimes and half dollars scarce, after... Genuine coin of the same depending on a variety of factors both sides where... Deal with the number at between 30 and 80 - making them rare. Precious metals and coins may appreciate, depreciate, or retirement-specific recommendations $ 1 coin ANACS G-6 Details Scratched XF40. Rights reserved © 2005, by the cardinal Collection Educational Foundation E-Mail mail... Should not be construed as investment advice general Educational purposes and should not be construed as investment advice plainly! With Flowing Hair and the other features 3 leaves under each wing and the other features leaves... Is a scarce coin become more apparent was used from 1795 to 1798 to exploit an old that... Accounts for how many 1795 silver dollars exist known examples of this date a past cleaning, holes, or recommendations!