The 1794 Flowing Hair Half Dime was one of the first coins minted by the United States.
In this article, we’ll discuss how valuable this coin is and if it’s worth adding to your collection! Let’s dive right in!
Key Takeaways:
1. The 1794 Flowing Hair Half Dime is an early example of American currency and is highly sought by collectors.
2. This coin features Miss Liberty with flowing hair on the obverse and a small eagle perched on a cloud on the reverse.
3. Factors that affect this coin’s value include its condition, rarity, and historical significance.
Features of the 1794 Flowing Hair Half Dime
As a collector, I’m always on the lookout for rare and unique coins to add to my collection.
One such coin that has caught my attention is the 1794 Flowing Hair Half Dime.
Here are some of the features that make this coin stand out:
- Design
- The obverse features the “Flowing Hair” Liberty head on the right, the thirteen stars of the original union and the vintage.
- The inscriptions “LIBERTY” can be seen from above and the year “1794” below.
- The reverse features a puny eagle, head right and wings spread, standing on an olive branch.
- The inscription “UNITED STATES OF AMERICA” can also be seen at the reverse.
- Mintage
- The 1794 Flowing Hair Half Dime has a low mintage, with only 7,765 coins produced.
- Rarity
- The 1794 Flowing Hair Half Dime is a rare and unique coin that would make a valuable addition to any collection.
- Its elegant design, low mintage, and rarity make it a highly sought-after coin among collectors.
Current Market Value
| Grades | Price as of November 2023 |
|---|---|
| Good (G-4) | $2,027 |
| Very Good (VG-8) | $2,584 |
| Fine (F-12) | $3,799 |
| Very Fine (VF-20) | $4,628 |
| Extremely Fine (EF-40) | $8,685 |
| About Uncirculated (AU-50) | $13,432 |
| Uncirculated (MS-60) | $20,431 |
| Brilliant Uncirculated (MS-65) | $36,744 |
According to the PCGS Price Guide, the current value of 1794 Flowing Hair Half Dime ranges from $2,000+ in average condition to $36,744 or more in uncirculated (MS+) mint condition.
It’s worth noting that the values provided by the PCGS Price Guide are subject to change based on market volatility.
Factors Affecting Value
When considering whether to add a 1794 Flowing Hair Half Dime to your collection, it’s important to understand the factors that can affect its value.
Here are a few key things to keep in mind:
- Rarity
- The 1794 Flowing Hair Half Dime is a rare coin with a mintage of just 7,765 pieces.
- This means that it can be difficult to find high grades, which can drive up its value.
- Condition
- As with any coin, the condition of a 1794 Flowing Hair Half Dime can have a significant impact on its value.
- Historical Significance
- The 1794 Flowing Hair Half Dime holds a special place in American numismatic history as the first half dime ever struck by the United States Mint.
- This adds to the coin’s desirability among collectors, particularly those who focus on coins with historical significance.
Is it Worth Collecting?
As a collector, you may wonder if the 1794 Flowing Hair Half Dime is worth adding to your collection.
The answer depends on your collecting goals and budget.
The USA Coin Book estimated value of 1794 Flowing Hair Half Dime is worth $2,000+ in average condition and can be worth up to $36,744 or more in uncirculated (MS+) mint condition.
Before you go…
Overall, the 1794 Flowing Hair Half Dime is a fascinating and historically significant coin that is sure to be a valuable addition to any collection of early American coins.
Check out my next article: “1946 Roosevelt Dime: Do You Need This in Your Collection?“
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