PO Box 619999
Dallas, TX 75261-6199
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Dallas, Texas 75261-4127
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800-USCOINS (872-6467)(214) 528-3500
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Auction Name: 2025 October 2 - 5 GACC US Coins Signature® Auction
Lot Number: 3067
Shortcut to Lot: HA.com/1386*3067
1795 $1 Flowing Hair, Three Leaves, B-5, BB-27, R.1, AU58 NGC. Ex: The Peh Family Collection. Bowers Die State IV, with light clash marks before the lips and the nose. On the reverse, a die crack extends from the left (facing) stem to dentil. A previously identified die crack by Heritage catalogers, although unlisted in reference books, extends diagonally from the top of the right (facing) wing to the left upper serif of the second T in STATES. This is a readily obtainable die marriage, as B-5, BB-27 has been estimated by Q. David Bowers to have a total population in all grades of 2,500 to 3,500 examples. Nevertheless, relatively few coins approach the Mint State threshold in terms of surface preservation, and those that do are prized by early dollar specialists and high grade type collectors alike. The diagnostic "bar" in the left obverse field identifies the obverse of B-5, BB-27, while the reverse is attributed by two berries under the first T in STATES.
Chief Engraver Robert Scot engraved the Flowing Hair dollar design by September of 1794, followed by the Flowing Hair designs for the half dollar and half dime. The Flowing Hair design is based on the Liberty Cap cent, which was proven in an April 2023 Penny-Wise article by Bill Eckberg "An Astounding Discovery" where photographic overlays displayed an almost identical profile match. The pole and cap were not included in the Flowing Hair designs, as political differences between the United States and France were worsening. While the 1794 dollars had a small mintage of 1,758 weakly struck coins, a new large screw press was completed in 1795 for the Flowing Hair dollars. A total of 19 die marriages were used to strike 1795 Flowing Hair dollars, and two more die marriages were needed for the 1795 Draped Bust Small Eagle Dollars. The total silver dollar mintage for 1795 was a relatively large 202,033 coins that was based on recorded deliveries of dollars.
This is a visually appealing representative with sharp overall definition from a powerful, well centered impression. The surfaces are toned in rich gray, antique-copper, and subtle green colors that are a little lighter on the reverse, with underlying luster present. Even close examination fails to reveal any adjustment marks so often encountered on these coins. The variety identifying "bar" in the left obverse field is readily visible behind Liberty's head. This is a highly desirable and aesthetically pleasing Flowing Hair Dollar that should garner strong bids.
Ex: Long Beach Signature (Heritage, 6/2005), lot 6579.
From The Peh Family Collection.
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