The 1794 $1 Flowing Hair, Silver Plug (Special Strike) coin is very rare in the United States. Let’s not waste any more time and look into it. This dollar was made at a mint in Philadelphia. 90% of it is silver and 10% is copper.
In 2013, a grade SP66 coin set the sale record for the most money ever paid for a coin. PCGS says it could be worth $15 million. Experts say it is the most expensive dollar ever made because it is the first dollar and the best of its kind. PCGS says it might even be the first piece ever made of that grade.
1794 $1 Flowing Hair Coin, Silver Plug (Special Strike)
On top of that, the $1 Flowing Hair example from 1794 is a beautiful piece of American history. in addition to the fact that it is a real gem. Collectors in the US and around the world have known for a long time how important it is.
There were a lot of reports about this coin’s features because experts haven’t always been able to check it. Without a doubt, the secret made it even more interesting.
But when Stack’s Bowers auctioned off the Carter family collection in 1984, all questions were put to rest. Just so you know, PCGS does not stamp any coins from before 1816 as Proofs. They are called “Specimens” instead.
Why was this coin designated as a Specimen by PCGS?
There are several reasons to make such an important designation:
- First of all, it is in the exact die state as the copper die trial.
- It is conceivably the first silver dollar struck in the USA
- This Specimen is one of the fewest samples known that is struck from aligned dies said PCGS
- Besides, the planchet was prepared in a special way
- It is completely different from any other example experts know
- How well preserved it is
- Sole plugged-at-the-Mint sample that experts know
- Adjustment marks
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