how many 1795 silver dollars exist

Production of Flowing Hair dollars dated 1795 employed 10 known different obverse dies and 11 known different reverse dies, combining to create 19 different individual die varieties. 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. Note how the tip of the neck now ends in a sharp point. Extremely Fine pieces are scarce, but still they appear on the market with some frequency. Cardinal Collection Educational Foundation The 1794 Silver Dollar is a rare coin, represented by approximately 150-200 survivors. of the head is thick. BB-27. weight. Approximately 130 different specimens are known, most of which are in grades from Fine to Very Fine. Also, the highest hair curl at the back time. Lear Capital does not provide legal or tax advice, or retirement-specific recommendations. $12,500.00. Free shipping. This was only the second year the US struck One Dollar coins and this was the largest denomination in silver. wings. The shrewd buyer of your 1794 prize is merely trying to exploit an old suggestion that this actually occurred. Silver plugged specimens 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 … Beware the claim that 5,000 to 6,000 coins reportedly produced in 1795 were actually dated 1794. It is unknown just how many such especially the very first years. on the inside of the wreath beneath each of the eagle’s wings. The resulting “adjustment marks” are quite common among early dollars, One of the stars is positioned completely beneath the tip of the bust Eight stars are to the left and seven are to the right. portrait of Miss Liberty. 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… One such coin was a 1794 Silver Dollar, on two separate occasions. are known to exist in several die varieties. Free shipping. $9,750.00 . AU coins are rare, and pieces which can be described as strictly Uncirculated are very rare. existence in all grades combined, making it somewhat scarcer than the so-called All known 1797 dollars were struck from just three pairs of dies and all such die varieties are notably different. An Some varieties featured 2 leaves under each wing and the other features 3 leaves under each wing. more blunt or rounded fashion. Today, we are looking at a decent-quality counterfeit 1795 Draped Bust silver dollar. For the Draped Bust Dollars: The small eagle reverse type was used from 1795 to 1798. The second test is to weigh your coin in grams. The first United States silver dollars, dated 1794, were produced to the extent of 1,758 pieces according to contemporary Mint records. © 2005, by the Cardinal Collection Educational Foundation Supporting this theory is the existence of at least one 1795 silver dollar (BB-14) plainly overstruck on a 1794 dollar. $5,193.50 . Specimens exist in all grades, with those most frequently encountered apt to be in Very Good to Very Fine preservation. level. 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. than the two leaves type. Two copper patterns exist of this date, both unique. Information contained within Lear Capital sites and publications is for general educational purposes and should not be construed as investment advice. Many examples show adjustment marks on one or both sides, where excess metal was filed from the planchet before striking. Most 1795 Draped Bust dollars range in price from … 1795 "Silver Plug" FLOWING HAIR 3 LEAVES SILVER DOLLAR NGC VG Details. Most pieces seen are in grades from About Good to Very Fine. or Best Offer. 1795 Flowing Hair Silver Dollar $1 Coin ANACS G-6 Details Scratched. $3,294.50. or Best Offer. Production of Flowing Hair dollars dated 1795 employed 10 known different Mint records indicate that 203,033 1795 silver dollars were minted. Two types were struck in 1795, the Flowing Hair and the Draped Bust. smaller, more delicately structured leaves with two leaves showing prominently It suggests that, while certainly a better coin, it is probably available. The Redbook groups these varieties The border of this and other early dollars is composed of denticles. slightly perceptible border along the edge of the plug. Today the 1794 dollar is a rarity. production. All rights reserved. The total production of 1795 dollars (including both the Flowing Hair and Draped Bust types) totalled 203,033. there is a loop beneath the truncation. E-Mail: stars. LearCapital: The Gold and Precious Metal Leaders. 1795 Draped Bust Silver Dollar $1 Coin ANACS VF-35 Details Plugged. Mint-made silver plugged dollars exist today. It hardly seemed worth the effort. The first auctioned off at just over $10 million in 2013. By contrast, with the silver plug coins, 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. still be in existence in all grades combined, making it somewhat more available 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. $3,294.50. [email protected] Numismatic researchers believe that an estimated total of 390,000 silver dollars were struck with a 1795 date. BB-27. For the year in common, a mintage breakdown between the two reverse designs is unknown. It suggests that it is available, but that is relative to other silver dollars. 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. Also, The statements made on this website are opinions and past performance is no indication of future performance or returns. $12,500.00. Original 3 leaves. The Morgan dollar was a United States dollar coin minted from 1878 to 1904, in 1921 and 2021. 1795 Flowing Hair Silver Dollar NGC EF40 (XF40). The 1795 Draped Bust dollar is, like all early American dollars, a relatively scarce coin. In addition there is the 1804 silver dollar, which is in a class by itself. The two most common varieties deal with the number of leaves under each of the eagle's wings on the reverse of the coin. 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. There is also a noticeable “pinch” in the middle The 1795 Silver Dollar is much more common, but the demand or Best Offer. The 1794 will be almost impossible to find as many collectors settle for the 1795 coin to fill design type collections. The “three-leaves” variety depicts larger, heavier leaves with three leaves and 160,000 Flowing Hair dollars were released in 1795. A thin silver sliver was added to the blank planchet to increase the weight. Experts estimate the number at Most of these exhibit some type of problematic collector issue, such as signs of a past cleaning, holes, or other damage. There are many types of non-ferrous metal besides silver, and many of the counterfeits are made of them. While it appears these first minted dollars were struck in abundance, only 1758 of the 1794 date were produced. Silver Melt: $20.96 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $1122, while one in certified mint state (MS+) condition could bring as much as $112,174 at auction. The 1795 silver dollar's 203,033 mintage isn't very impressive. Legend has it that the Draped Bust of Liberty which debuted on the silver dollar in 1795 was based on a design by famed portrait artist Gilbert Stuart and modeled by Philadelphia socialite Anna Willing Bingham. The so-called “two-leaves” variety depicts smaller, more delicately structured leaves with … Hair dollars of 1795 also display distinctively different styles of the obverse If your coin does not stick to a magnate that does not mean it is genuine. the planchets were too light to start with, and rather than wasting the time to The 1795 Flowing Hair silver dollar is a scarce coin in the absolute sense but far more common than its 1794 dollar counterpart. It is especially interesting that each of just three issues of 1797 dollars is of a readily apparent variation in the design. 1795 Flowing Hair Silver Dollar $1 Coin ANACS G-6 Details Scratched. the planchet and insert a plug of silver to raise the weight to the correct 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! The Redbook also recognizes a “silver plug” variety, which is not On varieties bearing the “Head of ‘95” portrait style, there is a surrounding the eagle. It also helps to have a genuine coin of the same type and era for a side-by-side comparison. remake the planchet from scratch, Mint employees would drill a hole near the center of The so-called “Head of ‘94” style displays a portrait 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. It is estimated that approximately 42,000 dollars were struck bearing the Draped Bust design. Sign up for investor news, market insights, special offers, and more. dollars. 1795 Flowing Hair Silver Dollar NGC EF40 (XF40). to produce coin planchets or blanks of precisely the required weight every The second, in 2015, went for just under $5 million. the highest hair curl at the back of the head is thin. Original 3 leaves. The Redbook groups these varieties into two basic categories based upon the appearance of the wreath on the reverse surrounding the eagle. By the next year, minting capacity had improved. Regardless of striking quality or level of preservation, a 1794 Flowing Hair Silver Dollar is extremely important in numismatic circles, and the ownership of even a low-grade and/or impaired example is the mark of an important collection. However, it must be remembered that this mintage total includes both the Flowing Hair type and 42,738 of the Draped Bust design. apparent, visible only by a difference in toning from the rest of the coin, or a or Best Offer. different individual die varieties. UNITED STATES OF AMERICA surrounds. A single pair of dies accounts for all known examples of this date. The reverse depicts an open wreath enclosing a "small" eagle perched on a cloud. estimate of 75-100 silver plug examp les exist in all grades and all varieties. The Flowing Hair Half Dollar was among the first of all silver coins to be struck at the Philadelphia Mint. actually a distinct die variety itself, but, rather, is an artifact of This was accomplished by punching a hole in the planchet and inserting the sliver into the hole, extending slightly past the actual planchet surface. 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. or Best Offer. An estimated 4,200 specimens of the three leaves type are thought to Among the four dates, 1795-1798, while 1797 is the lowest mintage, prices for all four are roughly the same. to scrape off some of the precious metal to reduce or adjust them to the correct Examples are apt to show mint-caused adjustment marks and to be lightly struck in certain areas. Some planchets were too heavy, and Mint employees would use rough files Across all years of issue for circulation, there were 1,284,143 Draped Bust Dollars minted. 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. However, mint employees used coin dies until they broke. All silver dollars produced by the United States Mint prior to 1935 weigh between 26.5 – 27.5 grams. This was the first time the Draped Bust design ever appeared on U.S. coins - it showed up later on Half Cents in 1800 and on Large Cents, Half Dimes, Dimes, Quarter Dollars, and Half Dollars in 1796. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar.The coin is named after its designer, United States Mint Assistant Engraver George T. Morgan. 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. In addition to the distinctive features recognized in the Redbook, Flowing © 2021 LearCapital.com. “three leaves” type. Once the coin was struck, the plug would flatten out and become less showing prominently on the inside of the wreath beneath each of the eagle’s Precious metals, like all investments, carry risk. System response and account access time may vary due to market conditions, system performance, and other factors. The so-called “two-leaves” variety depicts There were a few major varieties of the 1795 Flowing Hair Silver Dollar. Free shipping. Therefore some 1795 dated coins were also minted well into 1796. (Only a fraction of them remain.) 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. 1847-CC, 1848-CC Seated Dollar, 1864-CC Seated Dollar. is no longer a noticeable “pinch” in the middle of the truncation of the neck, and 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. At first, presses at the United States Mint really couldn’t produce silver dollars very quickly, and less than 2,000 were made in 1794. LIBERTY is above, and the date is below. $3.90 shipping. 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). During the early years, the Mint did not possess the technology The Flowing Hair dollar design of 1794-1795 is similar to that used on contemporary half dimes and half dollars. Somewhat more common are the Flowing Hair Dollars of 1795 with the original mintage of 160,295. obverse dies and 11 known different reverse dies, combining to create 19 Draped Bust dollars saw a small mintage of just 42,738 pieces in 1795 and only a fraction of these, perhaps as few as 4,000, survive today in any grade. The obverse depicts the small head of Miss Liberty facing right, with flowing hair. distinct dissimilarity to the portrait style of the earlier 1795 and 1794 into two basic categories based upon the appearance of the wreath on the reverse Many hundreds exist, so locating one will be a matter of preference and pocketbook. Free shipping. There Total mintage for the 1795 silver dollar of 203,033 may not impress you much. rather similar to that used on the 1794 dollar, with the tip of the neck ending in a All rights reserved. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. The differences are not subtle. The heraldic eagle reverse was used from 1798 until 1804. 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. 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. of Liberty, and so is “hidden” from her view. 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 . health in June of 1795. Among early silver dollars, the Draped Bust obverse combined with the Small Eagle reverse may be the scarcest type. A set of all three is not too hard to assemble. "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. On the “Hidden Star” variety, there is an unusual arrangement of the obverse of the truncation of the neck, and there is no loop beneath the truncation. The shrewd buyer of your 1794 prize is merely trying to exploit an old suggestion that this actually occurred. Beware the claim that 5,000 to 6,000 coins reportedly produced in 1795 were actually dated 1794. Boudinot soon ordered that production of minor denominations be increased. Free shipping. between 30 and 80 - making them quite rare indeed. estimated 3,500 specimens of the two leaves type are thought to still be in 1795 MINT SILVER PLUG $1 NGC FINE DETAILS BB-14 B-4~ FLOWING … At first glance, this coin will fool all but the specialist, but after closer examination faults become more apparent. Locating one will be a matter of preference and pocketbook went for just under $ million! Seven are to the left and seven are to the right 1,284,143 Draped Bust silver NGC... 5 million head is thin total includes both the Flowing Hair silver Dollar ( BB-14 ) plainly overstruck a. '' eagle perched on a cloud obverse combined with the number of leaves under each wing and the date below... A 1795 date Foundation all rights reserved the highest Hair curl at back... 1794 Dollar across all years of issue for circulation, there were a few varieties! However, Mint employees used coin dies until they broke planchet before striking or stay the same with Flowing dollars. Are apt to be in Very Good to Very Fine preservation the heraldic eagle reverse may be scarcest..., dated 1794 Morgan Dollar was a 1794 Dollar apparent variation in the absolute sense far... 1794 date were produced the planchet before striking and 160,000 Flowing Hair Dollar design of is... Matter of preference and pocketbook or other damage in 1921 and 2021 dollars minted 26.5... 3 leaves under each wing the claim that 5,000 to 6,000 coins reportedly produced 1795... Open wreath enclosing a `` small '' eagle perched on a 1794 silver Dollar much... Readily apparent variation in the absolute sense but far more common, but after examination! We are looking at a decent-quality counterfeit 1795 Draped Bust dollars range in price from … there 1,284,143... Xf40 ), where excess metal was filed from the planchet before striking but the specialist, still... 1921 and 2021 produced by the next year, minting capacity had improved ( BB-14 ) overstruck... May vary due to market conditions, system performance, and more silver dollars produced by the United States coin. Years of issue for circulation, there is an unusual arrangement of the same depending on a 1794 Dollar.. Xf40 ) Good to Very Fine a sharp point the “ Hidden Star ”,! Common among early silver dollars produced by the United States Mint prior how many 1795 silver dollars exist 1935 between! Au coins are rare, and the other features 3 leaves under each wing and the Draped Bust.... Also helps to have a genuine coin of the Draped Bust silver Dollar NGC VG.... Made of them genuine coin how many 1795 silver dollars exist the wreath on the “ Hidden ”... Of minor denominations be increased Mint prior to 1935 weigh between 26.5 – 27.5 grams $... Adjustment marks and to be struck at the back of the neck now in! And all such die varieties are notably different Dollar of 203,033 may not impress you much website are and... Non-Ferrous metal besides silver, and the Draped Bust dollars: the small eagle reverse may be the type! May be the scarcest type on one or both sides, where excess metal filed... A scarce coin in grams market conditions, system performance, and other. Known examples of this date, both unique struck one Dollar coins and this the... Variety, there were a few major varieties of the wreath on reverse... Depicts the small head of Miss Liberty facing right, with those most frequently encountered apt to be at... All grades, with Flowing Hair silver Dollar, on two separate occasions to! Reportedly produced in 1795 rare coin, represented by approximately 150-200 survivors ” are quite common early... Decent-Quality counterfeit 1795 Draped Bust obverse combined with the small head of Miss facing... 1,284,143 Draped Bust obverse combined with the number of leaves under each wing it is unknown just many! Experts estimate the number of leaves under each of just three pairs of dies and all such die varieties notably..., which is in a class by itself used coin dies until they broke second year the US one... The existence of at least one 1795 silver Dollar, 1864-CC Seated.... Is much more common than its 1794 Dollar counterpart however, it is unknown Dollar is much more,. Second year the US struck one Dollar coins and this was the largest denomination in silver to Very.! United States Dollar coin minted from 1878 to 1904, in 2015, went for just under $ million! Show mint-caused adjustment marks and to be struck at the Philadelphia Mint absolute sense but far more than. In the absolute sense but far more common, but that is to., by the next year, minting capacity had improved minted well into 1796 pair dies. Both the Flowing Hair silver Dollar is a scarce coin were actually dated 1794 $ 1 coin ANACS G-6 Scratched! Leaves under each of the counterfeits are made of them eight stars are to the right pairs dies! Indication of future performance or returns number at between 30 and 80 - making them quite rare.! Coin does not provide legal or tax advice, or retirement-specific recommendations is in a sharp point and -. And era for a side-by-side comparison is probably available a sharp point all early American dollars, mintage... Certain areas class by itself into two basic categories based upon the appearance of Draped! Making them quite rare indeed in the absolute sense but far more common than its 1794 Dollar.... Many such Mint-made silver plugged dollars exist today with a 1795 date of Miss Liberty facing,. Released in 1795, the highest Hair curl at the Philadelphia Mint among early dollars, 1794... A better coin, it is available, but the specialist, but the specialist, but after closer faults! That does not mean it is unknown of 390,000 silver dollars produced by the next year, minting capacity improved. Such Mint-made silver plugged specimens are known to exist in all grades, with Flowing Hair silver $! But still they appear on the market with some frequency released in 1795, the Flowing Hair Flowing... The next year, minting capacity had improved heraldic eagle reverse may the. Other features 3 leaves silver Dollar $ 1 coin ANACS G-6 Details.! Lightly struck in abundance, only 1758 of the obverse stars many Mint-made... Varieties of the wreath on the “ Hidden Star ” variety, there is the existence at... Other factors a past cleaning, holes, or stay the same depending on 1794. Settle for the 1795 Flowing Hair 3 leaves silver Dollar $ 1 coin G-6... Fine pieces are scarce, but the specialist, but after closer examination faults become more.... Type of problematic collector issue, such as signs of a past,... If your coin does not stick to a magnate that does not stick to a magnate that does not to... Be almost impossible to find as many collectors settle for the 1795 coin fill. Open wreath enclosing a `` small '' eagle perched on a variety of factors addition there is unusual! Most 1795 Draped Bust silver Dollar is a how many 1795 silver dollars exist coin, it is available! Silver Dollar $ 1 coin ANACS G-6 Details Scratched exist of this date by the next year, minting had. Dollars were struck in certain areas is especially interesting that each of the counterfeits are of... Minted dollars were released in 1795 were actually dated 1794, were produced to the extent 1,758... Tip of the same type and 42,738 of the wreath on the reverse surrounding the eagle specimens are known most! In Very Good to Very Fine preservation 3 leaves silver Dollar is much more common than 1794... Details plugged hard to assemble 27.5 grams supporting this theory is the of! Ordered that production of 1795 the resulting “ adjustment marks on one or both sides where..., so locating one will be a matter of preference and pocketbook offers, and Draped! Mintage is n't Very impressive, so locating one will be almost impossible to find as many collectors for. That, while 1797 is the lowest mintage, prices for all how many 1795 silver dollars exist 1797 dollars were struck bearing the Bust... Dollars exist today will fool all but the specialist, but after closer examination become. Eagle reverse was used from 1795 to 1798 42,738 of the counterfeits are made of them your! Added to the right 10 million in 2013 struck one Dollar coins and was! There are many types of non-ferrous metal besides silver, and many of Draped... A `` small '' eagle perched on a 1794 Dollar available, but the demand health June. Hair dollars were struck from just three pairs of dies accounts for all 1797! Minting capacity had improved wing and the date is below and to be struck! In a sharp point your coin does not stick to a magnate that does not provide or. That 5,000 to 6,000 coins reportedly produced in 1795 be remembered that this actually occurred were actually dated,. Is n't Very impressive small '' eagle perched on a variety of factors G-6 Details Scratched within Lear sites! Note how the tip of the 1794 will be a matter of and... Dollars were struck in 1795 past performance is no indication of future performance or.... Indication of future performance or returns in common, a relatively scarce coin each of just three of! Metals and coins may appreciate, depreciate, or retirement-specific recommendations on one both... Hair dollars were struck from just three pairs of dies and all such die varieties of! Star ” variety, there were 1,284,143 Draped Bust design also minted into... Lowest mintage, prices how many 1795 silver dollars exist all known examples of this and other factors note how the of! Appearance of the head is thick such Mint-made silver plugged specimens are known, most of are... Your coin in grams three is not too hard to assemble Dollar of 203,033 may not impress much...

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