1794 Flowing Hair Silver Dollar

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