Early U.S. Silver Dollars were a foundational coin in the Mint Act of 1792, with other denominations designated as fractions of a dollar. The very first Silver Dollar was the Flowing Hair Dollar (1794-1795) designed by the U.S, Mint’s First Chief Engraver, Robert Scot. His design was of a right-facing portrait of a youthful female Liberty with free-flowing hair behind her. This large silver coin’s size and weight were based on the Spanish dollar, popular in early America trade. The coin was only minted for 2 years in 1794 and 1795 with a mintage of just over 162,000 coins. In 1795, Robert Scot released his Draped Bust design (1795-1894), of a matured Liberty facing right, with cleavage visible above a fold of drapery. There were two type of the reverse; Type I featured a Small Eagle, from 1895-1798. Type II was changed to a Heraldic Eagle from the Great Seal of the United States, which ran from 1798 to the end of the Drape Bust series in 1804. Both Early Dollar designs ranks among some of the most valuable coins in Numismatics, with the 1794 dollar valued at 10 million, and 1804 dollars valued in the millions.

FMV Prices for Rare Coin Price Guide last updated 10/26/2021
Early DollarsFMV
MS61
FMV
MS62
FMV
MS63
FMV
MS64
FMV
MS65
Flowing Hair
1794 Flowing Hairdown$875,000 down$1,156,250 down$1,206,250 down$2,187,500 down$3,562,500
1795 Fl. Hair 2 Leaves$75,000 $98,130 $162,500 $262,500 $596,880
1795 Fl. Hair 3 Leaves$67,810 down$93,750 $150,000 $306,250 $468,750
Type Flowing Hair$67,810 down$93,750 $150,000 $262,500 $468,750
Dr. Bust Sm. Eagle
Dr. Bust Sm. Eagle Type$55,250 $76,380 $130,000 $169,000 $403,000
1795 Sm. Eagle$55,250 down$78,000 $130,000 $169,000 $403,000
1796$79,950 $109,850 $201,500 down$435,500 $1,105,000
1797 9×7 Sm. Letters $377,000
1797 9×7 Lg. Letters$76,050 $102,050 $162,500
1797 10×6 Stars$57,850 $76,380 down$133,250 $292,500 $403,000
1798 13 Stars$182,000 $227,500 $260,000
1798 15 Stars$108,550 $133,250
Dr. Bust Heraldic Eagle
Dr. Bust Her. Eagle Type$22,810 $29,060 $53,130 $96,880 $178,130
1798 Heraldic$23,130 $29,060 $56,880 $128,130 $218,750
1799down$24,060 $30,630 $53,130 $109,380 $178,130
1799 9 over 8$26,250 $34,690 down$54,380 $128,130 $187,500
1800$29,060 $36,250 down$57,190 $120,630 $209,380
1801$28,130 $33,130 down$103,130 $143,750 $387,500
1801 Proof Restrike
1802$28,130 $37,500 down$69,690 $114,380 $228,130
1802 Proof Restrike$137,500 $168,750 $206,250 $428,130 $843,750
1802 2 over 1$32,190 $45,940 down$85,310 $96,880
1803$22,810 down$48,130 $90,630 $137,500
1803 Proof Restrike$137,500 $162,500 $193,750 $375,000 $600,000
1804 Proof$3,187,500 $3,312,500 $3,687,500 $4,062,500 $4,562,500
Heraldic Type Proof

Grade Abbreviations

Numismatic Abbreviations