The first-ever flowing hair silver dollar, valued at more than $60 million, was created in 1794.

The Flowing Hair silver dollar was the first silver dollar coin issued by the United States federal government. 

Authorized by the Coinage Act of 1792, the coin was part of a broader initiative to establish a standardized national currency in the post-Revolutionary War era.  

Prior to this, the young nation relied heavily on foreign coins for everyday transactions, a practice deemed unsustainable for a country striving for financial independence and stability. 

Like Save And Share

The coin's design was entrusted to Robert Scot, the first Chief Engraver of the United States Mint.  

The inscriptions "LIBERTY" and the date "1794" grace the obverse, while "UNITED STATES OF AMERICA" encircles the eagle on the reverse. 

The design was influenced by the neoclassical style popular at the time, and Lady Liberty's image drew inspiration from classical Greek and Roman art. 

This choice of imagery was intentional, reflecting the ideals of liberty and democracy that were central to the American ethos. 

Check For More Stories