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The auction, scheduled Oct. 8 at The Venetian, will feature Morelan’s set of silver dollars dated from 1794 to 1804, along with several other of his rare coins in denominations from a half-penny to $10 gold piece. Another 1794 silver dollar, graded 35 of 70, sold last January for $288,000, and one graded at 12 sold last year for $99,000, he said. “It’s time to let other collectors own the set.”. It was presented to then-U.S. Secretary of State Edmund Jennings Randolph, who referred to it with a letter to President George Washington. At this first public offering of this part of the collection, legendary coin investor Steven Contursi nabbed the coveted “1794 Flowing Hair Silver Dollar. The historic coin is believed by many experts to be the very first silver dollar ever minted in the U.S. Add to cart. A rare 1794 silver dollar believed to be one of the first -- if not the first -- to be struck by the US Mint is going up for sale. – A rare 1794 U.S. silver dollar, believed to be the first silver dollar minted by a newborn United States, is going up for sale by a New Jersey coin dealer. The $10,016,875 that Morelan paid for the 1794 Flowing Hair silver dollar back in 2013 easily makes it the world’s most valuable coin, according to the Associated Press. In stock. Auction lot counts and record prices for coin varieties of Flowing Hair Dollar (1794-1795). Professional Coin Grading Services is a division of Collectors Universe, Inc. Get free numismatic news from leading coin experts, in-depth articles, market summary videos, surveys & more! The coins were produced for just two years from 1794 to 1795 at the Philadelphia Mint. Morelan bought the Flowing Hair dollar from the nonprofit Cardinal Collection Educational Foundation of Sunnyvale, California, which bought it in 2010 for $7.85 million from Steven Contursi, a collector who acquired it for an undisclosed sum in 2003. According to W. David Perkins, the longtime Flowing Hair and Draped Bust expert and coin dealer who submitted the newly attributed 1795 Overton 133 Half Dollar to … Next up, is … “It’s in beautiful condition.”. Designed by Robert Scot, the Flowing Hair Silver Dollar was the first dollar coin issued by the U.S. government. Mudd noted that Lady Liberty remained standard on U.S. coins until 1909, when pennies began being minted with the face of former President Abraham Lincoln. Bowers Die State III, with extremely faint clash marks and shallow third hair curl. 1794-1795 Flowing Hair Silver Dollars The 1795 Flowing Hair Dollar ( Buy on eBay ) represented the second year of mintage for America’s first silver dollar series. Buy & Sell This Coin. Experts say the piece dubbed the Flowing Hair Silver Dollar might again fetch the $10 million that Las Vegas resident Bruce Morelan spent to buy it in 2013. 1794 united states u.s. flowing hair dollar numistamp medal 1976 mort reed PCGS BRAND NEW GOLD SHEILD 1795 FLOWING HAIR DOLLAR ULTRA "" SILVER PLUG "" Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. A rare 1794 U.S. silver dollar, believed to be the first ever silver dollar minted by a newborn United States, is going up for sale by a Middletown coin dealer. 1794 P Flowing Hair Dollar Silver Plug (Unique and Extremely Rare): Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. The 1794 Flowing Hair silver dollar goes down in history as being the very first official dollar coins the United States federal government ever issued as legal-tender federal money. USA Coin Book Estimated Value of 1794 Flowing Hair Silver Dollar is Worth $103,108 in Average Condition and can be Worth $705,167 to $1,379,087 or more in Uncirculated (MS+) Mint Condition. Park Avenue has a wide selection of the Flowing Hair Half Dollars, which were issued in 1794 & 1795 by the United States federal government.Its size and weight were based on the Spanish Dollar, which was popular in trade throughout the America's during the time. Therefore, the PCGS3000® should only be used as one guide to rare coin prices and historical price movements, and not as the sole source for determining the value or market history of a particular coin. Click here to Learn How to use Coin Price Charts. Flowing Hair Half Dollar. The next-most-valuable coin is a 1933 $20 U.S. gold double-eagle that sold for $7.59 million in 2002, Charville added. LAS VEGAS (AP) — A 1794 silver dollar believed to be among the first ever minted in the U.S., and the most valuable, went unsold during a public auction in Las Vegas. The World’s Most Expensive Coin Is Up for Sale Expected to fetch upward of $10 million, the 1794 Flowing Hair dollar was one of the first coins struck by the newly created U.S. Mint "This coin … The mintage increased greatly from the prior year when less than 2,000 pieces were released. The first U.S. dollar is called the Flowing Hair type, for that describes Liberty's portrayal on the obverse. Type: Flowing Hair Dollar Year: 1794 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 2,000 [ Silver Content: 90% Silver Weight:.7735 oz. “This coin is so valuable because it has been identified as perhaps the first piece made in silver” in the young United States, said Douglas Mudd, director of the American Numismatic Association museum in Colorado Springs, Colorado, where the coin used to be displayed. The world’s most valuable coin, a 1794 ‘Flowing Hair’ Silver Dollar, will be offered for sale next month by Legend Auctions in the U.S. Also, click here to Learn About Grading Coins. It is estimated that about 140 to 150 examples of the 1794 Flowing Hair Silver Dollar survive out of the 1,758 dollars that were struck on a hand-turned screw press at the Mint in Philadelphia. SKU: EAC-1794D Categories: Early American Coins, Post Colonial America. Some of the 1795 dollars have two leaves below each wing of the eagle, while others have three. “Some people buy real estate, some buy stocks. Find the current Flowing Hair Dollar values by year, coin varieties, and specific grade. The Flowing Hair Dollar represents the very first silver dollar and the largest silver denomination minted in the United States. Both kinds are equally available, however. Of that number, only about 130 are estimated to survive today. ... Our newsletter subscribers get great information about coin collecting plus special offers, sale … + Update your shipping location 7 S 0 P O N S O A R P A 7 E E D-1-1 U J-1 0 F J-1-1. Cardinal Collection curator Martin Logies wrote a book about the coin, which Mudd said has several distinctive Mint-made marks resulting from filing it to ensure it was $1 worth of silver at the time. Of the 1,758 coins minted in 1794, only a fraction remain. “It’s widely believed that this was the first coin off the press,” Charville said of Morelan’s coin. 1794 Flowing Hair Silver Dollar $ 20.00. Save 1794 flowing hair dollar to get e-mail alerts and updates on your eBay Feed. This page also shows coins listed for sale so you can buy and sell. Get the best deals for flowing hair dollar 1794 at eBay.com. Morelan said documents show the coin — featuring Lady Liberty ringed with stars on the front and an eagle on the back — was one of 1,758 silver dollars struck in one day at the first U.S. Mint in Philadelphia. PCGS The Standard for the Rare Coin Industry. Flowing Hair Dollar (1794-1795) - Coins for sale on Collectors Corner, The Collectibles Marketplace, where you can buy safely from the world's top Coins dealers. The PCGS3000® reflects the opinions of PCGS’s coin price experts with respect to indexes developed by PCGS for specific coin categories. PCGS The Standard for the Rare Coin Industry. He grades it a “specimen,” above mint condition, and a 66 on a scale with 70 being perfect. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000® or any specific coin index. (AP Photo/John Locher), Connect with the definitive source for global and local news. A different Lady Liberty image was adopted for silver dollars beginning in 1795. Dollars; Flowing Hair Dollar (1794-1795) Morelan bought the Flowing Hair dollar from the nonprofit Cardinal Collection Educational Foundation of Sunnyvale, California, which bought it in 2010 for $7.85 million from Steven Contursi, a collector who acquired it for an undisclosed sum in 2003. Morelan, owner of the silver dollar said to be among most expensive ever sold, is preparing to put the coin up for public auction in Las Vegas. The first U.S. silver dollars were coined on Oct 15,1794. 1794 Flowing Hair Silver Dollar quantity. Silver Melt: $19.65 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $47148, while one in certified mint state (MS+) condition could bring as much as $825,098 at auction. “It has the record for the sale of any private coin anywhere in the world that we know of,” Mudd said. Perhaps 300 of those original silver dollars still exist, Mudd said, including about 100 circulating among collectors. Particular coins being offered for sale may not have been included within particular indexes, and if included, may not have experienced the same market movements as the index as a whole. LAS VEGAS (AP) — The owner of a 1794 U.S. silver dollar said to be among the first ever minted and shown to be the most expensive ever sold is preparing to put the coin up for public auction in Las Vegas. We have a great online selection at the lowest prices with Fast & Free shipping on many items! Legend Rare Coin Auctions CEO Matthew Bell called organizing the event a once-in-a-lifetime opportunity. I buy coins,” Morelan said Friday after displaying his world’s most valuable coin Wednesday and Thursday at an event hosted by Charville’s business at the Bellagio resort on the Las Vegas Strip. The more than 11,000 copper cents that were produced drew complaints because they were larger than a modern quarter; bulky for small change. It was the centerpiece of the set,” he said. CAC. Description 1794 Flowing Hair Dollar, AU58 Classic American Rarity B-1, BB-1, Ex: Queller 1794 $1 B-1, BB-1, R.4, AU58 NGC. Brett Charville, president of Professional Coin Grading Service of Santa Ana, California, certifies Morelan’s coin is authentic. On that day, 1,758 of them were produced, but no more the rest of the year. One unique specimen featuring pristine hair details, sharp stars, and a mirrored surface has been graded SP-66 and is considered the finest known example of this historic coin. Despite its brevity, the Flowing Hair dollar series is widely collected by type (most collectors selecting the 1795 issue, because it is so much more plentiful than 1794). The 1794 is a famous rarity and one of the keys to a complete set of silver dollars, while the 1795 relatively more available. Find the current Flowing Hair Dollar values by year, coin varieties, and specific grade. "This coin is … An NGC-certified example of the legendary 1894-S Barber Dime realized $1,440,000, while an NGC-certified 1794 Flowing Hair Dollar realized $1,050,000 as part of … “I really enjoy building sets. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. Bruce Morelan poses for a portrait holding a rare 1794 U.S. silver dollar, said to be among the first ever minted, Thursday, Aug. 6, 2020, in Las Vegas. 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