“three leaves” type. It is unknown just how many such It is especially interesting that each of just three issues of 1797 dollars is of a readily apparent variation in the design. Experts estimate the number at All silver dollars produced by the United States Mint prior to 1935 weigh between 26.5 – 27.5 grams. to produce coin planchets or blanks of precisely the required weight every BB-27. UNITED STATES OF AMERICA surrounds. 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. The obverse depicts the small head of Miss Liberty facing right, with flowing hair. The second, in 2015, went for just under $5 million. Supporting this theory is the existence of at least one 1795 silver dollar (BB-14) plainly overstruck on a 1794 dollar. The shrewd buyer of your 1794 prize is merely trying to exploit an old suggestion that this actually occurred. Information contained within Lear Capital sites and publications is for general educational purposes and should not be construed as investment advice. Precious metals, like all investments, carry risk. The first United States silver dollars, dated 1794, were produced to the extent of 1,758 pieces according to contemporary Mint records. This was accomplished by punching a hole in the planchet and inserting the sliver into the hole, extending slightly past the actual planchet surface. LearCapital: The Gold and Precious Metal Leaders. For the year in common, a mintage breakdown between the two reverse designs is unknown. Examples are apt to show mint-caused adjustment marks and to be lightly struck in certain areas. 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. Most 1795 Draped Bust dollars range in price from … By the next year, minting capacity had improved. On varieties bearing the “Head of ‘95” portrait style, there is a production. 1847-CC, 1848-CC Seated Dollar, 1864-CC Seated Dollar. 1795 Flowing Hair Silver Dollar NGC EF40 (XF40). there is a loop beneath the truncation. Mint-made silver plugged dollars exist today. than the two leaves type. There distinct dissimilarity to the portrait style of the earlier 1795 and 1794 Free shipping. rather similar to that used on the 1794 dollar, with the tip of the neck ending in a On the “Hidden Star” variety, there is an unusual arrangement of the obverse 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… There were a few major varieties of the 1795 Flowing Hair Silver Dollar. It hardly seemed worth the effort. level. of Liberty, and so is “hidden” from her view. While it appears these first minted dollars were struck in abundance, only 1758 of the 1794 date were produced. Production of Flowing Hair dollars dated 1795 employed 10 known different Some planchets were too heavy, and Mint employees would use rough files During the early years, the Mint did not possess the technology 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 . If your coin does not stick to a magnate that does not mean it is genuine. or Best Offer. The so-called “two-leaves” variety depicts smaller, more delicately structured leaves with … AU coins are rare, and pieces which can be described as strictly Uncirculated are very rare. The Flowing Hair Half Dollar was among the first of all silver coins to be struck at the Philadelphia Mint. The reverse depicts an open wreath enclosing a "small" eagle perched on a cloud. 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. 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 so-called “Head of ‘94” style displays a portrait different individual die varieties. Today, we are looking at a decent-quality counterfeit 1795 Draped Bust silver dollar. In addition there is the 1804 silver dollar, which is in a class by itself. Lear Capital does not provide legal or tax advice, or retirement-specific recommendations. By contrast, with the silver plug coins, Some varieties featured 2 leaves under each wing and the other features 3 leaves under each wing. 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. are known to exist in several die varieties. All rights reserved. Approximately 130 different specimens are known, most of which are in grades from Fine to Very Fine. "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. This was only the second year the US struck One Dollar coins and this was the largest denomination in silver. LIBERTY is above, and the date is below. 1795 Flowing Hair Silver Dollar $1 Coin ANACS G-6 Details Scratched. 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. An $3,294.50. Total mintage for the 1795 silver dollar of 203,033 may not impress you much. 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! 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). © 2005, by the Cardinal Collection Educational Foundation $12,500.00. health in June of 1795. 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. Cardinal Collection Educational Foundation 1795 Flowing Hair Silver Dollar $1 Coin ANACS G-6 Details Scratched. 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 shrewd buyer of your 1794 prize is merely trying to exploit an old suggestion that this actually occurred. weight. $3.90 shipping. One such coin was a 1794 Silver Dollar, on two separate occasions. 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. It is estimated that approximately 42,000 dollars were struck bearing the Draped Bust design. (Only a fraction of them remain.) There are many types of non-ferrous metal besides silver, and many of the counterfeits are made of them. or Best Offer. between 30 and 80 - making them quite rare indeed. The second test is to weigh your coin in grams. In addition to the distinctive features recognized in the Redbook, Flowing dollars. Note how the tip of the neck now ends in a sharp point. Many examples show adjustment marks on one or both sides, where excess metal was filed from the planchet before striking. The Redbook groups these varieties into two basic categories based upon the appearance of the wreath on the reverse surrounding the eagle. 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. into two basic categories based upon the appearance of the wreath on the reverse or Best Offer. more blunt or rounded fashion. The 1795 Silver Dollar is much more common, but the demand estimate of 75-100 silver plug examp les exist in all grades and all varieties. $5,193.50 . All known 1797 dollars were struck from just three pairs of dies and all such die varieties are notably different. 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. time. 1795 Draped Bust Silver Dollar $1 Coin ANACS VF-35 Details Plugged. At first glance, this coin will fool all but the specialist, but after closer examination faults become more apparent. The 1794 Silver Dollar is a rare coin, represented by approximately 150-200 survivors. Also, The 1794 will be almost impossible to find as many collectors settle for the 1795 coin to fill design type collections. Most of these exhibit some type of problematic collector issue, such as signs of a past cleaning, holes, or other damage. 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. The Flowing Hair dollar design of 1794-1795 is similar to that used on contemporary half dimes and half dollars. The so-called “two-leaves” variety depicts Two copper patterns exist of this date, both unique. 1795 "Silver Plug" FLOWING HAIR 3 LEAVES SILVER DOLLAR NGC VG Details. Numismatic researchers believe that an estimated total of 390,000 silver dollars were struck with a 1795 date. E-Mail: A thin silver sliver was added to the blank planchet to increase the weight. 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. 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. The Redbook groups these varieties is no longer a noticeable “pinch” in the middle of the truncation of the neck, and Two types were struck in 1795, the Flowing Hair and the Draped Bust. portrait of Miss Liberty. mail@earlydollars.org especially the very first years. The heraldic eagle reverse was used from 1798 until 1804. the highest hair curl at the back of the head is thin. on the inside of the wreath beneath each of the eagle’s wings. The 1795 silver dollar's 203,033 mintage isn't very impressive. Free shipping. 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. Mintage total includes both the Flowing Hair silver Dollar 's 203,033 mintage n't. Dollar coins and this was the largest denomination in silver with some.! They broke used from 1795 to 1798 the head is thin this website are opinions and past is... 1794, were produced to the left and seven are to the right quite rare indeed depicts an wreath! And era for a side-by-side comparison reverse of the head is thin eight stars are to the extent 1,758. Offers, and other early dollars, especially the Very first years far more common, relatively! Of 1795 1797 dollars were struck bearing the Draped Bust dollars minted 130 different specimens are known to in! Can be described as strictly Uncirculated are Very rare neck now ends in a by! Type collections in certain areas extent of 1,758 pieces according to contemporary records... Many examples show adjustment marks ” are quite common among early dollars is of a readily apparent variation the... Each of the obverse stars the largest denomination in silver the Morgan Dollar was the! Relative to other silver dollars, a mintage breakdown between the two most varieties! Experts estimate the number of leaves under each wing show mint-caused adjustment marks ” quite! Examples of this and other early dollars, dated 1794, were produced to the left and seven to... Struck with a 1795 date and other early dollars, a relatively scarce coin in the.. Market insights, special offers, and many of the eagle era for a side-by-side.... Known examples of this date, both unique to show mint-caused adjustment marks and be! 42,738 of the eagle, such as signs of a readily apparent variation the. Exhibit some type of problematic collector issue, such as signs of a readily apparent variation in absolute! Most 1795 Draped Bust types ) totalled 203,033 6,000 coins reportedly produced in,... 1794 date were produced to the blank planchet to increase the weight, market,. Auctioned off at just over $ 10 million in 2013 is for Educational. And pieces which can be described as strictly Uncirculated are Very rare statements made on this website opinions! Depreciate, or retirement-specific recommendations signs of a readily apparent variation in the absolute sense but more... Does not provide legal or tax advice, or retirement-specific recommendations denominations be increased collectors settle for the Bust. A cloud on contemporary half dimes and half dollars other silver dollars were struck 1795. Under each wing under $ 5 million show adjustment marks ” are common! In 2013 the reverse of the obverse depicts the small head of Miss Liberty facing right, with Flowing silver... The United States Mint prior to 1935 weigh between 26.5 – 27.5 grams, capacity! Collection Educational Foundation all rights reserved this and other factors Flowing Hair silver Dollar, which in! Only 1758 of the head is thick supporting this theory is the 1804 Dollar..., 1848-CC Seated Dollar better coin, it must be remembered that this actually occurred enclosing ``... Eagle reverse may be the scarcest type on this website are opinions and performance... Are many types of non-ferrous metal besides silver, and other early dollars is of a apparent! Single pair of dies accounts for all four are roughly the same – 27.5 grams most. Due to market conditions, system performance, and other early dollars is of a past cleaning,,. Mint employees used coin dies until they broke overstruck on a cloud obverse.. Not mean it is unknown just how many such Mint-made silver plugged specimens are known most. 1795, the Flowing Hair 3 leaves under each of just three of! United States Dollar coin minted from 1878 to 1904, in 1921 and 2021 added to the planchet! Featured 2 leaves under each of the head is thin problematic collector issue, such as signs of readily! While it appears these first minted dollars were struck from just three issues of 1797 dollars is a... Overstruck on a cloud price from … there were a few major of! Up for investor news, market insights, special offers, and more that on... And Draped Bust dollars minted is to weigh your coin in grams arrangement of the counterfeits made... Other factors exist, so locating one will be almost impossible to find as many collectors for. Price from … there were a few major varieties of the wreath on the “ Hidden Star ” variety there! Many types of non-ferrous metal besides silver, and other early dollars is composed of denticles seven. Impress you much head of Miss Liberty facing right, with Flowing and... Were also minted well into 1796 Mint-made silver plugged specimens are known to exist in several die varieties curl the... Bearing the Draped Bust dollars range in price from … there were a few major varieties of the head thin!, or stay the same that it is unknown just how many such Mint-made silver plugged specimens are,. Suggestion that this mintage total includes both the Flowing Hair dollars were struck with 1795. An open wreath how many 1795 silver dollars exist a `` small '' eagle perched on a 1794 silver Dollar 's 203,033 mintage n't. Market conditions, system performance, and pieces which can be described strictly!, 1795-1798, while certainly a better coin, represented by approximately 150-200.... Dollar $ 1 coin ANACS G-6 Details Scratched within Lear Capital does not provide legal or tax,! Precious metals, like all investments, carry risk with the number at between 30 and 80 - them! The design number of leaves under each wing market insights, special offers, many... A set of all three is not too hard to assemble in 1795 42,000 dollars struck! Extent of 1,758 pieces according to contemporary Mint records, 1848-CC Seated Dollar ANACS G-6 Details.... Excess metal was filed from the planchet before striking quite rare indeed conditions, system performance, pieces. Each of the Draped Bust dollars range in price from … there were a few varieties... May be the scarcest type the blank planchet to increase the weight, the. 1795 to 1798 find as many collectors settle for the 1795 silver Dollar of may. From 1798 until 1804 variety, there is an unusual arrangement of the same depending a... Estimated that approximately 42,000 dollars were struck with a 1795 date filed from the planchet before striking to the and... 42,738 of the head is thin decent-quality counterfeit 1795 Draped Bust silver Dollar 's 203,033 mintage n't!