The Flowing Hair design was the first silver dollar design minted by the United States Mint in 1794 and 1795. It features a depiction of Lady Liberty with long, flowing hair on the obverse and an eagle on the reverse.
The U.S. Mint faced challenges in achieving consistent weights during the early minting process, and the addition of a silver plug was one method used to adjust the weight of underweight coins.
The presence of a silver plug makes a 1794 Flowing Hair Silver Dollar even rarer and more unique. Each of these coins is distinct, and the silver plug adds an interesting historical element to their story.
As with any rare coin, the uniqueness and historical significance contribute significantly to its value among collectors.
It's worth noting that the rarity and uniqueness of such coins often result in them being highly sought after and commanding high prices at auctions or private sales.