The Flowing Hair Dollar was the first silver dollar issued by the United States of America. Under the Coinage Act of 1792, the silver dollar or unit, and $10 gold eagle were established as the two pillars for the currency. As such, these early silver dollars are of great historical importance.


The first silver dollars bearing a design by Robert Scot would be struck in 1794 in an extremely limited quantity. In the following year the same design would be used and the mintage would be significantly higher. Both of these issues are prized by collectors and extremely difficult to locate in higher grades.

Flowing Hair Dollars featured an image of Liberty on the obverse, facing right with fifteen stars, the date, and the word "Liberty" surrounding the image. On the reverse was an American Eagle surrounded by a wreath. The words "United States of America" appear around the circumference.

A very special 1794 Flowing Hair Silver Dollar recently set a new world's record for the most valuable coin. In addition to showing a full strike, reflective surfaces, and extremely high grade, the coin was identified as possibly the first silver dollar struck at the United States Mint. The coin changed hands at a price of $7,850,000.

This site will provide additional information about the important and intriguing series of Flowing Hair Silver Dollars. A selection of coins available for sale is also presented.