1795 Flowing Hair Silver Dollar: Silver Plug

The 1795 Flowing Hair Silver Dollar is a significant and historic coin in American numismatics. The term "Silver Plug" refers to a unique feature found on some examples of this coin.

Design: – The obverse (front) of the coin features a portrait of Liberty with flowing hair, facing right. The word "LIBERTY" is inscribed above, and the date "1795" is below the bust.

The reverse (back) typically displays an eagle with outstretched wings, perched on a rock, and surrounded by a wreath. The inscription includes the words "UNITED STATES OF AMERICA" and the denomination "ONE DOLLAR."

Silver Plug: – The Silver Plug variety refers to a unique characteristic found on some 1795 Flowing Hair Silver Dollars. In an effort to adjust the weight of the coin to meet specifications, a small silver plug was inserted into the center of the coin before striking.

Mintage: – The mintage for the 1795 Flowing Hair Silver Dollar was relatively low, and the Silver Plug variety is considered rare among collectors.

Historical Significance: – The Flowing Hair Silver Dollars represent the first silver dollars minted by the United States. They were produced during a time when the Mint was still refining its processes and experimenting with coinage techniques.

Condition and Value: – The value of a 1795 Flowing Hair Silver Dollar with a Silver Plug is influenced by factors such as its condition, rarity, and demand among collectors.

Authentication and Grading: – Authenticating and grading the coin by a reputable coin grading service, such as the Numismatic Guaranty Corporation (NGC) or the Professional Coin Grading Service (PCGS), is advisable.

stay updated