20/06/2026
The first dollar in the United States, known as the Silver Flowing Hair Dollar of 1794, was the first dollar coin. issued by the United States federal government. Struck in Philadelphia with a highly limited mintage of just 1,758 pieces, it remains one of the world's most valuable and sought-after numismatic rarities.
History and Production
• Designers: The coin was designed by Chief Engraver Robert Scot. The obverse features Liberty facing right with flowing hair, while the reverse depicts an eagle perched on a branch within a wreath.
• Rarity: Because of early machinery and limited press capabilities, only 1,758 coins were produced for circulation. Of those, experts estimate that fewer than 150 survive today, with very few in uncirculated, mint state condition.
• Weight & Fineness: The coin weighs 26.96 grams and is composed of roughly 89.24% silver and 10.76% copper.
Market Value
• Record Sales: Due to its immense historical significance, the finest known specimens have repeatedly shattered auction records. A pristine, exceptionally preserved specimen previously fetched over $10 million, making it one of the most expensive coins ever sold. More recently, early struck variants have crossed the auction block for millions.
• Survival Variations: Because each coin was struck on rudimentary equipment, details like weak strikes on the lower left of the obverse and reverse vary from coin to coin.
