"This coin is the Holy Grail of all dollars," said Laura Sperber, president of Legend Numismatics in Middletown's Lincroft section. ASBURY PARK, N.J. – 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. Though it is still the most circulated denomination in the United States, the dollar has taken on a drastically different look than the original dollar coins offered by the United States Mint in 1794. It is the latter, the 1794 Silver Dollar (Buy on eBay), which has become to be the most famous of the group. It is also the only known 1794 dollar with a silver plug that was inserted prior to striking to make sure the coin's weight would be correct," explained Hall. Copyright © 1995-2021 eBay Inc. All Rights Reserved. Of the 1,758 coins minted in 1794, only a fraction remain. Designed by Robert Scot, the Flowing Hair Silver Dollar was the first dollar coin issued by the U.S. government. Bulk Morgan Silver Dollars (1878-1904) PCGS Certified Morgan Silver Dollars (1878-1904) (Generics) ... Silver Dollar Coins The owner of a 1794 U.S. silver dollar believed 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. Number of bids and bid amounts may be slightly out of date. No Culls. The Lady Liberty Flowing Hair and Draped Bust are the two versions of this dollar. The Lady Liberty Flowing Hair silver dollar was only produced from 1794 to 1795 and is considered one of the rarest coins in America. It is "extremely significant.". It was presented to then-Secretary of State Edmund Jennings Randolph, who referred to it with a letter to President George Washington. However, you can add examples of Bust Dollars to your collection for generally less than $5,000. All 90% USA Silver. 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. The Flowing Hair Dollar represents the very first silver dollar and the largest silver denomination minted in the United States. 1794 Flowing Hair Bust Half Dollar 50C - Certified NGC VG Detail - Rare Coin! A 1794 silver dollar, which many experts believe was the first such coin struck by the U.S. Mint, sold for a record $10 million at auction on Thursday. Silver coinage started in 1794 with two denominations the dollar and half dollar; both were identical in design (half dimes of this date were coined the following year). A 1794 silver dollar, which many experts believe was the first such coin struck by the U.S. Mint, sold for a record $10 million at auction on Thursday. The first silver dollar issued by the young United States Government. We can give you the price over the phone, help you with the purchase process, and answer any questions. It had an almost minuscule mintage, saw heavy circulation, and served as the image of the young United States to the outside world. "Because of its significance in 1794, it was likely seen at the time by President George Washington, Secretary of State Thomas Jefferson who oversaw the Mint, and by Alexander Hamilton, the first Secretary of the Treasury,” Bell said. We have a great online selection at the lowest prices with Fast & Free shipping on many items! ASBURY PARK, N.J. – 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. "Now that my early American dollars collection is complete and nothing else can be added, I’ve decided it’s time for other collectors to enjoy these magnificent coins.”. "If we could test its DNA, it would be incredible. Powered By. | Browse our daily deals for even more savings! See each listing for international shipping options and costs. Seller is Legend Numismatics, Inc., of Lincroft N.J. A rare 1794 Silver Dollar is going up for sale and it is believed to be one of the first -- if not the first-- silver dollar struck by the US Mint. {"modules":["unloadOptimization","bandwidthDetection"],"unloadOptimization":{"browsers":{"Firefox":true,"Chrome":true}},"bandwidthDetection":{"url":"https://ir.ebaystatic.com/cr/v/c1/thirtysevens.jpg","maxViews":4,"imgSize":37,"expiry":300000,"timeout":250}}, Older Group. Dubbed the “Flowing Hair” dollar, the coin features a portrait of Lady Liberty on one side and an eagle on the other. Get a price in less than 24 hours. According to a press release on the PCGS website dated May 21, 2010, the Neil-Carter 1794 Specimen Silver Dollar was sold by Rare Coin Wholesalers (in a sale brokered by Greg Roberts of Spectrum Group International) for $7,850,000, a record price. Early Silver Dollars (1794-1839) Liberty Seated Dollars (1840-1873) Trade Dollars (1873-1885) See More Categories. Get the best deals for 1794 silver dollar at eBay.com. 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. Charville grades it a specially made “specimen,” above mint condition, and a 66 on a scale with 70 being perfect. 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 the Larry H. Miller Collection sale. A fine specimen of this coin sold at auction for ten million dollars in 2013 making this the most valuable coin ever sold. The coins were produced for just two years from 1794 to 1795 at the Philadelphia Mint. Morelan's Flowing Hair dollar is the centerpiece in the auction that will also feature 14 other early American silver dollars from his collection. The Flowing Hair Silver Dollar more than doubled the previous $4.1 million record for a coin set in 1999, auction house Stack's Bowers Galleries said. This page was last updated: 11-Jan 15:17. Customs services and international tracking provided, - 1810 50C Capped Bust Silver Half Dollar, Leave feedback about your eBay search experience - opens in new window or tab. All Pre-1950! The Lady Liberty silver dollar from 1794 and 1807. NEW YORK, Jan 24 (Reuters) - A 1794 silver dollar, which many experts believe was the first such coin struck by the U.S. Mint, sold for a record $10 million at auction on Thursday. Not all cost $10 million. A rare 1794 U.S. silver dollar, said to be among the first ever minted, is on display, Thursday, Aug. 6, 2020, in Las Vegas. The entire collection is estimated to bring in $15 million to $18 million, with the Flowing Hair dollar expected to bring in at least $10 million. Save 1794 silver dollar to get e-mail alerts and updates on your eBay Feed. Dubbed the "Flowing Hair" dollar, the coin features a portrait of Lady Liberty on one side and an eagle on the other. US Early Dollar Coins (1794-1804) for sale | eBay The 1794 Flowing Hair Silver Dollar was the first U.S. silver dollar. National coin shortage: Pennies, nickels, dimes and quarters part of latest COVID-19 shortage. The sale, by Legend Auctions, will be Oct. 8 at The Venetian Hotel in Las Vegas and online. Indeed, all 1794 dollars are very scarce, and perhaps less than 150 exist today. 1794 P Flowing Hair Dollar: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. is for sale! "You have to wonder who was there and who handled it," Sperber said. There were only 1,758 struck at the new federal mint in Philadelphia they are very rare. In the year 1794, the United States Mint in Philadelphia produced three different denominations in silver, the half dime, half dollar, and silver dollar. 1794 dollar sells. Silver Dollars (1794-1978) View All Products. The United States silver dollar denomination was authorized by the Mint Act of April 2, 1792, but not produced until the fall of 1794. "It is believed to the very first one struck," Sperber said. Somebody is still making money on Wall Street and he used “in the area of $1.5 million” of it to buy an MS-63+ 1794 silver dollar. Save 1794 silver dollar to get e-mail alerts and updates on your eBay Feed. Bruce Morelan, a Las Vegas collector, purchased the coin, nicknamed the "Flowing Hair Silver Dollar," in 2013 for $10 million, the most ever paid for a rare coin. The dollar was deemed the most prestigious, so Mint officials decided to strike that first. It features Lady Liberty ringed with stars on one side and an eagle on the other. "This historic coin is a national numismatic treasure that symbolized the young USA’s financial independence," said Matthew Bell, chief executive officer of Legend Auctions, in a statement. 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. Toll Free in the U.S. 1-866-284-4125 +1 339-222-5134. — 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 New Jersey coin dealer. Believed to be the very first dollar coin ever minted is a Specimen-66 example that sold for more than $10 million in 2013. Ron Guth: . The 1794 dollar is extremely rare and is one of the great classic coins in American numismatics. "This coin is the Holy Grail of all dollars," said Laura Sperber, president of Legend Numismatics in Middletown's Lincroft section. 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. Fill out the form below. ", first silver dollar minted by a newborn United States, Pennies, nickels, dimes and quarters part of latest COVID-19 shortage, Your California Privacy Rights/Privacy Policy. “Of the 1,758 silver dollars the Mint delivered in October 1794, perhaps less than 130 are known to still survive, and this particular coin is the finest known,” said Brett Charville, president of Professional Coin Grading Service, a rare-coin authentication company, in a statement. The first struck 1794 Silver Dollar is currently valued at $10 million dollars, while all 1804 Silver Dollars are rare and are generally worth over $1 million each. Buy & Sell This Coin. | Free shipping on many items! Silver Dollars for Sale at JM Bullion. 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. + 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. Get the best deal for US Early Dollar Coins (1794-1804) from the largest online selection at eBay.com. 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. View cart for details. The highlight of the evening was the $10,016,875 sale of the coveted 1794 Flowing Hair silver dollar, a superb Gem Specimen example, the finest known to … Something went wrong. It includes one of the eight known 1804 dollars specially struck as diplomatic gifts in the mid-1830s. Contact us now. The 1794 dollar saw the very smallest of all early dollar mintages, with just 1,758 pieces struck. 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. Need a price instantly? This page also shows coins listed for sale so you can buy and sell. “Coins are in my blood, and the 1794 dollar was a lifelong dream,” Morelan said in a statement. Bulk Silver Dollars. The Mint Act of April 2, 1792 specified the silver dollar and gold eagle as the monetary units of the United States. Another 1794 silver dollar, graded 35 of 70, sold in January for $288,000, and one graded at 12 sold last year for $99,000, he said. The coin was once part of the Cardinal Collection Educational … The record-setting 1794 dollar was the highlight of a public auction conducted by Stack's Bowers Galleries on January 24, 2013 in New York City. The 1794 is a famous rarity and one of the keys to a complete set of silver dollars, while the 1795 relatively more available. 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