SILVER DOLLAR 1794-1795
While it appears these first minted dollars were struck in abundance, only 1758 of the 1794 date were produced. It hardly seemed worth the effort. The 1794 will be almost impossible to find as many collectors settle for the 1795 coin to fill design type collections.
The Flowing Hair dollar design of 1794-1795 is similar to that used on contemporary half dimes and half dollars. The obverse depicts the small head of Miss Liberty facing right, with flowing hair. LIBERTY is above, and the date is below. Eight stars are to the left and seven are to the right. The reverse depicts an open wreath enclosing a "small" eagle perched on a cloud. UNITED STATES OF AMERICA surrounds. The border of this and other early dollars is composed of denticles.
Most pieces seen are in grades from About Good to Very Fine. Examples are apt to show mint-caused adjustment marks and to be lightly struck in certain areas. Many hundreds exist, so locating one will be a matter of preference and pocketbook. Extremely Fine pieces are scarce, but still they appear on the market with some frequency. AU coins are rare, and pieces which can be described as strictly Uncirculated are very rare.
Valuation
