The Flowing Hair dollar was the first dollar coin issued by the United States federal government. The coin was minted between 1794 and 1795. The foundation stone of the Philadelphia Mint was laid on 31st July 1792 under the Act of United States Mint. The sanctioned denominations under this act were half cents, cents, half dimes, dimes, quarter dollars, half dollars, dollars, quarter eagles, half eagles and eagles. Robert Scot struck the first silver dollar on 15th October 1794. Initially, it was distributed among VIPs and distinguished visitors to the mint. Throughout numismatic history, the 1794 dollar has been considered one of the rarest and most valuable coins of the United States. This dollar coin is the example of the earliest struck and prepared with great care. Numismatic Jack Collins estimated the surviving number of the coins to be between 120 and 130 in the early 1990s. The obverse of the coin depicts Bust of Liberty, flanked with stars and reverse features Eagle surrounded by a wreath. The edge of the coin is lettered. The composition ration of silver and copper is 9:1 respectively. The coin weighs around 26.96 grams. The coin was sold for $10,016,875 in an auction which is equivalent to 75 crores as per to current Indian Rupee rate. Image Courtesy: Wikipedia.com
Kanan Devi, the evergreen melody and movie queen of the 1930s and 40s, was a remarkable personality....
Remembered for her stunning classical beauty and subtle acting style, Leela Naidu was born in 1930.<...
Louisa May Alcott was an American novelist, short story writer, she is best known as an author for h...
Ferdinand Magellan was the Portuguese navigator and explorer who sailed under the flag of both Portu...
The Fatimid Caliphate was an Islamic Caliphate, claimed descent from Fatimah, the daughter of Prophe...
Thank you for visiting our website and for your interest in our endeavour.
For a past few days we have been recieving queries whether we buy/sell coins, stamps and currency.
We would like to inform you that, as of date, we have not provided such a platform. However please register on our website and do keep visiting our portal for further notifications on such a forum and other important and exciting news/updates.
Happy Collecting !