rare silver coins

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

Starting to collect coins can be challenging when examining various rare coins. Whether you're interested in collecting a specific type of coin or not, you can explore a few different options. However, it's advisable to seek advice from a reputable dealer who specializes in all types of rare coins, such as Austin Rare Coins and Bullions.

Types Of Metals

Minters can use various types of metals to produce coins depending

People of various ages and backgrounds enjoy the pastime of coin collecting. To protect and preserve your rare collection is equally important to know how to care for rare coins. For some, it is a way to connect with history and an opportunity to build up a valuable collection of coins that they can pass down to future generations. For others, is here to help folks make a profit by buying and selling coins.

Storage Is Crucial 

The first step to caring for rare coins is to store them properly. It is important to keep rare coins away from direct sunlight and extreme temperatures, as these can cause damage to the metal. Coins should also be stored away

Collecting rare coins can be a fun and exciting pastime, but for some, it is a way of making a profit. Collecting rare coins is an investment, and it is important to know what coins are the most valuable so you can make the best investment possible. Therefore, Austin Rare Coins can assist you with purchasing or selling valuable coins. 

Top Dollar - Silver Dollar 

One of the most valuable rare coins is the 1794 Flowing Hair Silver Dollar. This is one of the oldest coins in the United States and is one of the most sought-after coins. This coin was issued by the first United States mint and is estimated to be worth between $3 million and $10 million. 

Only Two Double Eagles

Another

In the numismatics community, one of the most in-demand coins is the 1794 Flowing Hair Silver Dollar. Due to its rarity and historical significance, coin collectors and speculators alike desire it. Importantly, Austin Rare Coins is a trusted firm in Austin, Texas that sells rare coins like this one. Below are a few things to know first about this rare silver coin.

History Behind The Coin

This particular coin was the first silver dollar ever minted by the United States government, making it a significant piece

When it comes to investing in precious metals, there are two main types of assets: rare coins (sometimes called “investment-grade coins”) and bullion. Rare Coins vs. Bullion is often the dilema. Which is right for you? Importantly, there are some key differences between the two that you should be aware of. This is important, even though both types are capable of helping you achieve your short-term and long-term investment goals.

In today’s blog, the team at Austin Rare Coins & Bullion is here to help you understand the pros and cons of both rare coins and bullion. In short, to help you feel more confident about choosing the one that’s right for you. Above all, Austin Rare Coins & Bullion is your trusted source. They are there to help you secure your financial future through commodities or expand your collection of valuable metals.

The ancient city of Athens holds a unique place in our hearts and minds. It was the foundation of western civilization. Even today the Parthenon stands high upon the rocky Acropolis as testament to Ancient Greece. Today, we can easily answer why the Athenian owl coin was made, because it was one of the foundations of this new western civilization.

An example of the world's earliest coin was the drachma. It helped to develop a new concept of currency. Drachmas were the silver coins of ancient Greece. They dated from the mid-6th century BC and were the monetary unit of ancient Greece. Importantly, the most influential of ancient Greek coins came from the ancient City of Athens. It was the Classical Owl Tetradrachm

The most collected series of coins ever produced by the United States Mint is the Morgan Silver Dollar. A Carson City Silver Dollar produced in Carson City, Nevada is the most cherished and sought-after of all. Furthermore, CC Morgans are the most popular and desired silver coins ever produced by the United States.

No other coin embodies the history and allure of the American Wild West better than a Carson City Morgan Dollar. Especially, those produced in Carson City from the silver mined at the Comstock Lode. Holding one in your hands instills mystique and adventure of the 49er gold rush days.

Prices of CC Morgans have held strong. Most importantly, when other coins have fallen

Rare Spanish silver called 4 Reales are coins that we've never seen before. Moreover, certainly not in such a high grade. Ferdinand and Isabella minted these coins. The two who reigned over Spain jointly in the late 1400s, together known as the Catholic Monarchs.

Ferdinand and Isabella of Spain were responsible for funding Columbus' journey to the New World. Silver Four Reales were the circulating currency back in the late 15th century. Some of them are probably the same coins that help to fund these trips. It is important to note, that Explorers didn't intentionally venture out to discover the new world in the Americas. All they want was to amass a fortune. Their true intent was "find a new trade route to China that would bypass the Mediterranean."