Minted in 1794, this coin represents not just a piece of currency but a symbol of America's nascent identity and aspirations.
With a current valuation exceeding $60 million, this numismatic marvel stands as a testament to the enduring fascination and value placed on rare coins.
The story of the first flowing hair silver dollar begins in the aftermath of the American Revolution, a period marked by economic uncertainty and the need for a stable currency.
In response to this demand, the United States Mint was established in 1792, with a mandate to produce a range of coinage denominations, including the silver dollar.
Under the direction of then-Chief Engraver Robert Scot, the Mint set out to create a design that would embody the ideals of the new nation.
The design chosen for the first silver dollars featured the bust of Lady Liberty on the obverse, with flowing hair cascading down her shoulder, symbolizing freedom and independence.
However, the production of the first silver dollars was not without its challenges.