Of all the Silver Dollars ever struck the 1794 date
is the Grandfather of them all. The year represents
the first official One Dollar coin from the United States
Mint. Just 1,758 were made and from that number it is
estimated that only about 130 or so remain in any grade
today. The coin is listed in the Top 20 in the book
100 Greatest U.S. Coins.
This PCGS Fine 15 example is one of those survivors.
This particular coin is unmistakable. The coin has gorgeous,
even steel grey toning on both sides. The obverse has
a moderate pedigree marker that was likely created from
a piece of bent wire about 10 mm long that fell between
the die and the blank planchet. The mark begins at the
middle of Liberty's neck and ends in the field just
below the chin. Most 1794 Dollars display weakness at
the date and the first few stars to the left of the
date as a result of the dies slipping out of alignment
after the first few were struck. This coin is no exception.
The reverse of the coin is outstanding and is virtually
All survivors are considered extreme rarities. The
coin was originally struck on a screw press and was
designed by Robert Scot. Scot designed the coin with
a Flowing Hair depiction of Liberty on the obverse,
which represents freedom. The reverse was designed with
a Small Eagle.
Enthusiasts have long coveted this rare and important
Silver Dollar. It would make a great addition for any
collector of the series who wishes to own the date that
started it all.