Silver Bullion

The Flowing Hair Silver Dollar of 1794

The year 1794 marked a milestone for the young United States. Additionally, the country was taking its first steps towards a national identity, not only politically but economically. Central to this endeavor was establishing a stable currency, a crucial aspect of independence. One coin stood out: the Flowing Hair Silver Dollar of 1794. This coin was the first silver dollar from the U.S. Mint and symbolized the nation’s early efforts in currency design.

Why the U.S. Needed Its Own Currency

After gaining independence from Britain, the United States struggled with currency instability. At the time, coins from various foreign nations circulated widely, creating confusion a

Introduction

During the late 19th and early 20th centuries, the United States experienced a profound period of rapid growth and transformation. Within this dynamic landscape emerged the story behind America's classic silver dollars. Explicitly, it reflected the spirit of innovation and progress that defined the era. This era, often referred to as the Gilded Age was characterized by significant industrialization, urbanization, and technological advancements. Subsequently, advancing into the Progressive Era.

The nation witnessed unprecedented economic expansion, driven by innovations in transportation, communication, and manufacturing. Immigrants flocked to American shores seeking opportunity, and cities burgeoned with diverse populations. As the country expanded westward, fueled by the completion of transcontinental railroads

The story of Pascual Esquerra's tragic tale of an ill-fated journey on the SS Central America is a remarkable one. Pascual Esquerra was an impressive Chilean and Spanish businessman whose life took an unexpected turn amidst the tempestuous seas. Esquerra's path led him to become a vital component of the unlucky SS Central America. Consequently, despite being born privileged in the picturesque villages of Valparaiso, Chile, huge misfortunes can occur to anyone. 

Majestic ship was pushed to its limits

On that fateful day of 9 September 1857, the SS Central America found itself entangled in the relentless grip of a Category 2 hurricane. In short, it was stuck off the coast of the Carolinas in an enormous storm. Buffeted by ferocious 105 mph winds and at the mercy of the treacherous seas. As a result, the once majestic ship was pushed to its limits.