Flowing Hair Dollar (1794 – 1795)

#1 Flowing Hair Dollar Buyer Las Vegas & Henderson

Sell Flowing Hair Dollars In Las Vegas & Henderson

The silver dollar was authorized by Congress on April 2, 1792. Weight and fineness were specified at 416 grains and .8924 fine. The first actual silver dollar was issued in 1794 and discontinued in 1795. Referred to as the “Flowing Hair” design, the first rendition of liberty on the dollar coin showed a woman’s image with long, “flowing” hair, (hence the name). The Flowing Hair silver dollar weighed 26.96 grams and was comprised of 90% silver and 10 % copper with an approximate diameter of 39 to 40 mm. There are many variations in the look of this coin since early dies used to mint the coin were individually made. Overweight blanks or “planchets” were filed or plugged to remove or add silver prior to the coin being struck. Those coins that have been “adjusted” are considered less desirable to collectors.

History

As these were the first silver dollars minted by the United States, they are highly sought after with the poorest examples retailing in excess of $1,000. Exceptional examples have sold at auction for over a million dollars. However, the rarity of these coins in any condition, make them unlikely to be randomly found by the general public. Usually these coins are already a prized element of a knowledgeable collector’s coin collection. Unfortunately, it is more than likely that someone possessing an example of a Flowing Hair silver dollar in actuality has a fake coin. This is especially true if the coin is in raw (ungraded and uncertified) form. Those coins commanding significant value are most normally certified by one of the two most recognized and trusted third party grading services, PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation). These two services will certify the coin as authentic as well as assign a grade that represents the quality of the condition of the coin. They represent the standard for assessing rare and collectable coins.

Condition

What should you do if you find what you believe to be an authentic Flowing Hair silver dollar and wish to sell it? You could take a chance and attempt to sell it on your own not knowing for certain if it is authentic. However if you bring the coin to us we will have our coin specialists examine the coin and provide a no obligation, free appraisal. If for any reason we are not completely certain of the authenticity of your coin or if you prefer another opinion, we will recommend encapsulation by a third party grading service. We will additionally offer you a fair price for your coin that is highly competitive if not the best price in town. Our purchase price offer will be based on the condition, rarity, quality and collector demand understanding that the price must also take into consideration a wholesale factor noting that we must resell the coin in order to maintain our business.

In Summary

Wouldn’t it be exciting to find out that you possess an authentic silver dollar that might have been held by George Washington? Also, should you desire to sell it wouldn’t you want to know that you are dealing with a business that has the expertise and technology to validate the exact size, weight, and most importantly the specific metallic content in the appropriate proportion to verify that the coin is authentic? Bring it to us and let us offer you a fair value for your coin.