1 oz Silver Round - Flowing Hair Dollar Design

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Numismatic

1 oz Silver Round - Flowing Hair Dollar Design

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As low as $7.99 per round over spot This 1 oz silver round is a beautiful homage to the iconic Flowing Hair Dollar, the first silver dollar ever minted in the United States in 1794. Struck from .999 fine silver, this round captures the artistry and historical significance of the original coin while providing an affordable way to own a piece of American heritage.Round Highlights: Contains 1 oz of .999 fine Silver. Round comes in protective packaging. Multiples of 20 are packaged in tubes. The design of these rounds is based on the original coin issued by the U.S. Mint. These rounds carry no actual face value. Obverse: The obverse side showcases a detailed recreation of the Flowing Hair Liberty portrait, designed to represent the freedom and spirit of the young United States. Liberty’s flowing hair and confident expression reflect the original design by Robert Scot in 1794, capturing a sense of movement and vitality. Reverse: Eagle with wings outstretched, also including the weight and purity.The iconic Morgan Dollar design is nationally recognized, thereby increasing the value of owning these rounds. Add this beautiful 1 oz Silver round to your cart today. Historical BackgroundAfter the Coinage Act of 1792 established the U.S. Mint, the young nation aimed to create a standard, trusted currency. The Flowing Hair Dollar was intended to be a representation of America’s independence and strength. It was the first silver dollar coin struck by the newly established U.S. Mint in Philadelphia and symbolized the United States' move toward a unified currency system.Design by Robert ScotObverse: Designed by Robert Scot, the coin’s obverse features a portrait of Lady Liberty with flowing hair, symbolizing freedom and the dynamic spirit of the young republic. Liberty’s hair is depicted flowing in the wind, which represented the nation's ideals of freedom and progress.Reverse: The reverse of the coin shows a small, spread-winged eagle surrounded by a wreath, reflecting the nation’s strength and unity. Above the eagle is the phrase “UNITED STATES OF AMERICA,” establishing a clear national identity.Minting and Production ChallengesThe Flowing Hair Dollar was struck in 1794 and 1795, with the 1794 version believed to be the very first silver dollar minted. Producing this coin posed significant challenges, as the U.S. Mint's equipment at the time struggled to adequately strike large silver coins, leading to visible imperfections. Consequently, only about 1,758 coins were struck in 1794, making the 1794 Flowing Hair Dollar one of the rarest and most valuable coins in existence today.In 1795, additional Flowing Hair Dollars were struck as the mint improved its techniques, but by the end of that year, the Flowing Hair design was replaced by the Draped Bust Dollar, which featured a new portrait of Liberty.Legacy and CollectabilityThe Flowing Hair Dollar remains a highly sought-after coin among collectors due to its rarity, historical significance, and status as the first official U.S. silver dollar. The 1794 issue is especially valuable; one specimen sold at auction for over $10 million in 2013, setting a record for a U.S. coin. The Flowing Hair Dollar represents the foundation of U.S. coinage, symbolizing the early nation’s aspirations, resilience, and identity.Today, reproductions and silver rounds inspired by the Flowing Hair Dollar design are popular with collectors, paying tribute to this rare and historically significant piece of American numismatic heritage.