Celebrating the anniversary of the first dollar coin ever struck by the U.S. federal government, the United States Mint will release the 230th Anniversary Flowing Hair Silver Medal today at noon ET.
The medal is a modern reproduction of Robert Scot’s 1794 Flowing Hair dollar, first issued on October 15, 1794. Composed of 1 troy ounce of 99.9% pure silver, it’s priced at $104 with a limited mintage of 75,000 pieces.
“Commemorate a landmark in American history with the return of the 1794 flowing hair design,” the U.S. Mint stated in a promotional email. “Struck in 99.9% fine silver, the 230th Anniversary Flowing Hair Silver Medal replicates the original 1794 obverse and reverse designs from the first dollar coin struck by the U.S. Mint. Showcasing intricate detailing, this medal celebrates the triumphant return of this 230-year-old legacy.”
Further celebrating the design’s history, 1,794 of the medals will include a special “230” privy mark. Of these, 230 will come with a certificate of authenticity signed by U.S. Mint Director Ventris C. Gibson.
Scot’s Flowing Hair dollar was only minted in 1794 and 1795 before being replaced by the Draped Bust dollar. In 1794, just 1,758 were struck. Due to its limited production and the passage of time, fewer than 150 are thought to remain today. In 2013, one of these rare dollars sold for over $10 million, setting a record for the highest price ever paid for a single coin at that time.
Flowing Hair Silver Medal Designs
Robert Scot served as the chief engraver of the United States Mint from 1793 until his death in 1823. The obverse (heads side) of the medal features a recreation of Scot’s historic Flowing Hair design, with a portrait of Liberty facing right, surrounded by 15 stars representing the states that had ratified the Constitution by 1794. “LIBERTY” appears above, as it did on the original dollar coin, now accompanied by a “2024” date inscription.
The reverse (tails side) continues to honor the original 1794 design, depicting a laurel wreath encircling an eagle with spread wings at the center, an early precursor to the American heraldic eagle. The inscription reads “UNITED STATES OF AMERICA.”
Medal Specifications
| Denomination: | N/A |
|---|---|
| Finish: | Uncirculated |
| Composition: | 99.9% silver |
| Weight: | 1.000 troy ounce |
| Diameter: | 1.598 inches (40.60 mm) |
| Edge: | Plain |
| Mint and Mint Mark: | Philadelphia – none |
| Privy Mark: | “230” on 1,794 of the medals |
Ordering
The 230th Anniversary Flowing Hair Silver Medal can be ordered directly from the United States Mint starting at noon ET by visiting the Mint’s online store page for Silver Medals.
The U.S. Mint has set an initial household order limit of one medal.
Additionally, a 230th Anniversary Flowing Hair High Relief Gold Coin is scheduled for release on November 14. Struck from 24-karat gold at the West Point Mint, this coin will have a limited mintage of just 17,500.
With the rarity and historical significance of the Flowing Hair dollar, collectors and numismatists have long considered it a prized possession. The limited mintage of the 230th Anniversary Flowing Hair Silver Medal adds to its collectible value, making it a sought-after piece among coin enthusiasts.