Lot 0047

1795 American Dollar

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Item Details

Description

1795 Dollar ***1st AMERICAN DOLLAR COIN*** Minted in .999 Pure Copper 39 mm * 3.3 mm 1795 Dollar ***1st AMERICAN DOLLAR COIN*** Minted in .999 Pure Copper, The first U.S. Silver Dollars were struck in 1794. The silver dollar denomination was delayed until 1794, in part due to a problem in requisitioning the necessary silver. Secretary of State Jefferson rather than Secretary of the Treasury. Alexander Hamilton had initially been placed in charge of the Mint. Since this caused a personal problem between the two men, Hamilton did not cooperate in the necessary requisitions for bullion for striking these coins. It isn’t known for certain, but it appears the dies for the Flowing Hair silver dollar of 1794 to 1795 may have been made as late as September 1794. Mint Engraver Robert Scot designed the initial U.S. silver coins, including the Flowing Hair silver dollar. No one knows for certain, but Scot may have used Engraver Joseph Wright’s eagle design from the 1792 pattern quarter dollar coin for the eagle on the reverse of the first silver dollar coin. The initial silver dollar coins are struck of 26.96 grams of .8924 fine silver alloyed with copper.

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Location: This item ships from Michigan

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