SILVER DOLLAR 1794-1795
Description
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
- COIN NAME
- SILVER DOLLAR 1794-1795
- DESIGNED BY
- Robert Scot
- ISSUE DATE
- 1794-1795
- COMPOSITION
- 0.8924 part silver, 0.1076 part copper
- DIAMETER
- 39 to 40 mm
- WEIGHT
- 416 grains
- EDGE
- Lettered HUNDRED CENTS ONE DOLLAR OR UNIT
- BUS MINT
- 162,053
- PROOF MINT
- None
The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. 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. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. 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.