Over $2,500,000 was paid in the United States for an interesting coin from 1794. PCGS says that this 1794 $1 (Regular Strike), which is part of the group called Flowing Hair Dollars 1794–1795, sold at auction in 2017 for $2,820,000.
It was designed by Robert Scot, and 90% of it is silver and 10% is copper. There were only 1,758 made, which is one of the things that makes this coin so unique and expensive.
How many $1 coins from 1794 have appeared?
PCGS quotes a book by Martin A. Logies that says he wrote about how more than 125 different 1794 Silver Dollars looked. These appearances showed that they knew everything they needed to know, like sale pedigrees.
Of course, this knowledge is very important for coin collectors when they buy something. Also, remember that a lot of these dollars aren’t in great shape because they may be damaged or fixed.
Besides that, there are now two copper designs. Of course they are one of a kind. A different silver dollar from 1794 was worth a lot more. The sale happened in this case in 2013.
1 silver dollar coin from 1794 sold for $10 million
A lot of experts think this was the first dollar made in the United States. This is why it is historically important in the world of coins. When it was set in 1999, the previous record was 4.1 million dollars.
The price of this Flowing Hair silver coin in 2013 was more than twice as much as the price of a dollar in 1999. Stack’s Bowers Galleries, an auction house, said that. It looks like this silver dollar coin was bought by Legend Numismatics, a business that specializes in rare bucks.
This business is from New Jersey, and they might have paid even more because of how important it was historically. Additionally, they have no plans to trade this dollar any time soon. This coin is so unique that not even museums have one like it.