Slightly larger and heavier than later Morgan Dollars and Peace Dollars, which collectors more frequently encounter, Flowing Hair Dollars were intended to circulate at par (the same value) with the more common and familiar Spanish and Mexican dollars, or pieces of eight, which were legal tender at the time. The dollar coin was meant to be a prestigious coin promoting the American Experiment at home and abroad and to serve as the standard U.S. Production of America’s first silver dollar commenced in November 1794. Congress lowered the requirement in late 1793, and the production of silver coins began in 1794, with gold coin production starting in 1795. Mint Director David Rittenhouse, a well known mathematician and astronomer, worked with Secretary of State Thomas Jefferson to convince Congress to lower this requirement. The excessive regulation required a bond of $10,000 apiece for the chief coiner and assayer, each of whose pay was $1,500 per year. The United States Mint struck copper coins first, as problems with the law prohibited the coinage of silver and gold coins until Mint employees posted an adequate bond.

The Mint Act of April 2, 1792, authorized the production of half cent and one cent copper coins, silver coins in denominations of half dime through dollar, and gold coins in denominations of $2.50 (quarter eagles) to $10 (eagles). Both Images Courtesy: Stack’s Bowers.īy Charles Morgan and Hubert Walker for CoinWeek Notes …. Right: The Taffs-Miles-Blue Moon 1794 Dollar Reverse.

Oswald-Norweb 1794 Flowing Hair Silver Dollar. Visitors can click on the links in the list below to view larger images of both sides of the coins (mint mark locations, error/variety diagnosis, etc), detailed pricing data for various conditions/grades of the coins, mintage figures, metal composition, history and other encyclopedic information regarding each individual coin.Left: The Famous Lord St. The purpose of this page is to provide coin valuation data to collectors, investors, the media, and anyone interested learning what the most valuable dollar and silver dollar coins are. Estimated coin prices and values in our database are updated twice per year. This list and the prices are current as of 2024. Our most valuable dollar coins list includes coins starting in 1794 up to the present (2024) - including rare dollar coin errors and rare varieties. We are using our database of virtually every US coin ever produced (6,000+ coins) based on year, mint mark, major varieties, errors and their associated price values to come up with a list of the top most valuable one-dollar coins and silver dollar coins known.

In addition, we are NOT factoring in the prices for Proof versions of these dollar coins (unless the Proof version is an error coin or an unusual variety). Anthony Dollars, Native American & Sacagawea Dollars and Presidential Dollars. For this list, we are including all one-dollar coins: Flowing Hair Silver Dollars, Draped Bust Silver Dollars, Gobrecht Silver Dollars, Seated Liberty Silver Dollars, Trade Silver Dollars, Morgan Silver Dollars, Peace Silver Dollars, Eisenhower Dollars, Susan B. USA Coin Book has compiled a list of the most valuable US dollar coins ever known. Most Valuable US Dollar Coins - Highest Value Silver Dollar Coins

Value of us gold dollar coins