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Called the Flowing Hair Dollar, this first US Silver Dollar appeared during 1794. The obverse is a bust of Lady Liberty with free flowing hair and the reverse has a bald eagle encompassed by a wreath. There were only less than 2,000 of these coins created during its debut year. In all, the US Mint created over 160,000 of the first US Silver Dollar. The Flowing Hair Dollar had a short run, as the Draped Bust Dollar replaced it in 1795. Anyone who comes across a Flowing Hair Dollar from 1974 has a rare and valuable coin. However, the 1975 version is much more affordable.
|Jennifer Mathes, Ph.D.|