Friday, August 11, 2023

Flowing Hair Half Dollar 1794—1795

The Flowing Hair Half Dollar is a historic coin that was minted in the United States in the late 18th century. It holds a significant place in American numismatic history as one of the first official silver coins issued by the newly formed federal government.

The Coinage Act of 1792 established the United States Mint and authorized the production of several denominations of coins, including the half dollar. The design for the Flowing Hair Half Dollar was created by Robert Scot, the first chief engraver of the U.S. Mint.

The Flowing Hair Half Dollar features a portrait of Lady Liberty on the obverse (front) side. The design depicts Liberty with flowing hair, facing right, and surrounded by the inscription "LIBERTY" and the year of mintage. The reverse (back) side of the coin showcases a small eagle encircled by a wreath, with the words "UNITED STATES OF AMERICA" and the denomination "50 C." (for 50 cents) inscribed around the edge.

The Flowing Hair Half Dollar was minted for only two years, from 1794 to 1795. During this period, a total of approximately 390,000 coins were struck, with most of them produced in 1794. The mintage numbers are relatively low compared to later half dollar issues, making Flowing Hair Half Dollars quite rare and highly sought after by collectors.

The Flowing Hair Half Dollar holds great historical significance as one of the earliest U.S. coins ever minted. It was produced during the formative years of the United States, a time when the young nation was establishing its monetary system and asserting its independence. The coin represents a tangible link to the country's early history and the aspirations of its founders.

Due to their rarity and historical importance, Flowing Hair Half Dollars are highly prized by coin collectors and numismatists. The value of these coins varies depending on factors such as their condition, rarity, and demand in the market. Well-preserved specimens in excellent condition can command significant prices at auctions and among coin dealers.

It's worth noting that the Flowing Hair Half Dollar was replaced by the Draped Bust design in 1796. The Draped Bust Half Dollar featured a new design on both the obverse and reverse sides. However, the Flowing Hair Half Dollar remains an enduring symbol of the early years of American coinage and a fascinating piece of numismatic history.

 

Key Dates

1794: The 1794 Flowing Hair Half Dollar is the inaugural year of this series and is considered the key date. It has the lowest mintage of the series, with approximately 23,464 coins produced. The 1794 half dollar is highly sought after by collectors and commands a significant premium due to its rarity and historical significance.

1795: While all Flowing Hair Half Dollars from 1795 are relatively scarce compared to other series, there are a couple of notable varieties within this year that are considered key dates:

   a. 1795 Centered Obverse: The Centered Obverse variety of the 1795 Flowing Hair Half Dollar is distinguished by the placement of Liberty's bust closer to the center of the coin. It is scarcer than the 1795 Off-Center Obverse variety.

   b. 1795 Off-Center Obverse: The Off-Center Obverse variety of the 1795 Flowing Hair Half Dollar features Liberty's bust positioned slightly off-center toward the right side of the coin. This variety is scarcer than the Centered Obverse variety.

 


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