Table of Contents
- 1795 Flowing Hair dollar value Chart
- 1795 Draped Bust dollar value (Small Eagle)
- The 1795 Silver Dollar History
- 1795 Silver Dollar Types
- The 1795 1795 Silver Dollar Features
- 1795 Silver Dollar Guides
- 1795 Flowing Hair dollar Value
- 1795 Draped Bust dollar Value (Small Eagle)
- 1795 Silver Dollar Grading
- Rare 1795 Silver Dollar Errors List
- FAQ about the 1795 Early Silver Dollars
Early Dollars were minted in Philadelphia, Pennsylvania, from 1794 to 1804. This mint issued two types of these silver coins in 1795 (Flowing Hair and Draped Bust dollars). Expectedly, the 1795 silver dollar value depends on the coin type you have and its condition.
Be aware that finding them in perfect condition is practically impossible, but even those used for years can be expensive. Don’t be surprised by the described price ranges for these specimens, considering their age and historical importance.
1795 Flowing Hair dollar value Chart
|Condition||1795 2 Leaves dollar||1795 3 Leaves dollar||1795 Silver Plug dollar|
1795 Draped Bust dollar value (Small Eagle)
|Condition||1795 centered Bust dollar||1795 Off-center bust dollar|
The 1795 Silver Dollar History
When you hear about Early silver dollars, you can be sure it is about two types of coins minted from 1794 to 1804. The first one was Flowing Hair dollars issued during two years, 1794 and 1795, while the other was Draped Bust dollars issued from 1795 to 1804.
1795 Silver Dollar Types
|Philadelphia||1795 Flowing Hair dollar||160,295|
|Philadelphia||1795 Draped Bust dollar||42,738|
The first such coins appeared after the new country established the standard monetary unit on July 6, 1785, and the Philadelphia mint started working in 1793. The new currency got a name after Piece of Eight, the Spanish dollar.
This coinage was part of a remarkable American dollar history, but its mintage was low because of the lack of silver in those times. Many Americans wanted to see George Washington on the coin obverse, but he was firmly against that British royal custom.
Also read: 12 Most Valuable One-Dollar Coin Worth Money
The 1795 1795 Silver Dollar Features
The Early Dollars category includes two types of coins. Robert Scot was the Flowing Hair dollar designer, but these coins were minted only two years, in 1794 and 1795. The same year, the mint in Philadelphia came with a new coin type. Designer Gilbert Stuart created Draped Bust dollars, issued from 1794 to 1804.
The 1795 Early silver dollar obverse
These silver dollars show a female surrounded by 15 stars and necessary inscriptions. You can see ✶✶✶✶✶✶✶✶ LIBERTY ✶✶✶✶✶✶✶ 1795 along the coin rim. The crucial difference between these two designs is in the female bust.
The 1795 Early silver dollar reverse
Both coin reverse types depict a small eagle sitting within a wreath. The inscription UNITED – STATES – OF – AMERICA is along the coin rim. The difference is in the serrated rim in Flowing Hair dollars, while Draped Bust coins have a clear rim.
Besides, the Flowing Hair variety came with two or three visible leaves under the eagle’s wings. It was not the case with the Draped Bust dollar.
The 1795 Early silver dollar edge
These dollars’ edge includes the denomination with decorations between words – ✶✶✶HUNDRED CENTS✶✶ONE✶✶DOLLAR✶✶OR✶✶UNIT.
1795 Silver Dollar Details
|Face value||One dollar ($1)|
|Compound||89% silver with 11% copper|
|Coin thickness||0.07874 inches (2 mm)|
|Coin weight||0.86678 troy ounces (26.96 g)|
|Silver weight||0.77997 troy ounces (24.26 g)|
|Coin diameter||1.53543 inches (39 mm)|
The 1795 Early silver dollar’s other features
Both 1795 Early silver dollars (Flowing Hair and Draped Bust) were minted on an illegal standard and contained an illegal silver alloy of 0.892 fineness.
These coins weigh 0.86678 troy ounces (26.96 g), including silver weight of 0.77997 troy ounces (24.26 g). They are 0.07874 inches (2 mm) thick and come with a diameter of 1.53543 inches (39 mm).
Also read: 14 Most Valuable Coins In Circulation
1795 Silver Dollar Guides
As you can see, there are two 1795 early American dollars issued in the Philadelphia mint, and they appear in five types of coins, plus pieces from Special Strikes. Let’s take a look.
1795 Flowing Hair dollar Value
The Philadelphia mint produced over 160,000 of 1795 Flowing Hair dollars, but experts believe that only about 3,945 coins still exist.
Besides types with two and three leaves, several specimens were struck with a centrally positioned Silver Plug, measuring approximately 0.31 inches (8 mm). Their purpose was to correct the underweight planchets’ weight.
Silver dollar (2 leaves)
The 1795 2 Leaves Flowing Hair dollars that spent years in circulation are estimated at $2,600 to $78,000, while rare pieces in pristine condition cost $64,000 to $275,000. The only exception is specimens rated MS 65. They are the best-quality coins that still exist, and you can expect to pay $560,000 to $672,000 per one.
Silver dollar (3 leaves)
This variety showing three leaves is less expensive than those with two leaves. Pieces in circulated condition are available at $2,400 to $50,400, but those in the mint state are genuinely costly.
Coins graded MS 60 to MS 63 come in a price range from $52,000 to $150,000, while those in MS 64 and MS 65 grades cost $225,000 to $550,000. The most expensive MS 66-rating specimens are estimated at $750,000 to $900,000.
Silver dollar (Silver Plug)
This attractive 1795 silver dollar variety is the priciest in the set. While coins in circulated condition have an average price range from $4,600 to $33,600, those in About Uncirculated grade often reach $60,000 to $180,000 at auctions.
The estimated value for specimens in the mint state is exceptionally high, so you should pay at least:
- $160,000 to $192,000 for coins in MS 60 grade
- $200,000 to $240,000 for coins in MS 61 grade
- $200,000 to $240,000 for coins in MS 62 grade
- $240,000 to $288,000 for coins in MS 63 grade
- $320,000 to $384,000 for coins in MS 64 grade
- $600,000 to $720,000 for coins in MS 65 grade
1795 Draped Bust dollar Value (Small Eagle)
The 1795 Draped Bust – Small Eagle – silver dollar appears in two types. This design was based on Gilbert Stuart’s conceptual solution, and the mint started production in October 1795.
Even though Draped Bust dollars with a centered bust on the obverse were minted back in 1795, it is still possible to find these coins on the market. However, they are costly and available only for collectors with a big budget.
For instance, the lower-quality collectible coins in GOOD grade are estimated at $2,000 to $2,925, while those in AU condition quickly reach $9,300 to $43,200 at auctions.
You can expect uncirculated MS 60- to MS 64-graded pieces to cost under $200,000. On the other hand, the best-preserved coins are assessed to significantly higher sums, like:
- $335,000 to $402,000 for MS 65-graded dollars
- $625,000 to $725,000 for MS 66-graded dollars
The circulated 1795 off-center silver dollars typically cost $2,000 to $43,200, while you should pay up to $100,000 for most pieces in the lower uncirculated condition.
Specimens with MS 63 and MS 64 ratings are worth $126,000 to $200,000, while those in MS 65 grade cost $335,000 to $402,000. The highest estimated prices are for silver coins rated MS 66, $625,000 to $725,000.
Silver dollars Special Strikes
It is possible to differentiate three types of 1795 Early silver dollars from Special Strikes. They are unbelievably rare and come with different prices. For instance, the Draped Bust (centered) silver dollar in SP 65 grade was sold at $780,000 in 2022. On the other hand, one collector paid $1,057,500 for the off-center variation rated SP 66 in 2016.
The most expensive coin in the set is the 1794 Flowing Hair (Silver Plug) silver dollar with an SP 66 rating. It won the auction record of $10,016,875 at Stack’s Bowers in 2013.
1795 Silver Dollar Grading
The 1795 silver dollars are early, over two centuries old American coins, so it is necessary to be careful with their grading. Professional companies use the same Sheldon scale as for other coinage, but their appraisers take care of every, even the tiniest detail.
In this case, even a slight deviation can make a price difference of several thousand dollars. Besides, be aware that circulated Early Dollars are also scarce and expensive. Since these coins are so old, finding specimens ranked over MS 66 is impossible, regardless of which variation is involved.
Rare 1795 Silver Dollar Errors List
You can find a few varieties with a centered or off-centered image on Draped Bust dollars and Flowing Hair dollars with a different number of leaves. Besides, there are Silver Plug specimens issued to correct the underweight planchets’ weight.
Finally, the 1795 early silver dollar sets often included imperfect coins with errors in letterings and numbers. The most common imperfections you can find now are the following:
- Doubled edge lettering
- Off-center on a copper planchet of 3.08647 troy ounces (96 g)
FAQ about the 1795 Early Silver Dollars
What makes 1795 Early silver dollars rare?
What can you expect from nearly 230-year-old coins other than that they are rare regardless of their condition? Of course, the costliest are scarce pieces in the highest grades since they are exceptionally hard to find.
Which 1795 Early silver dollars are worth a lot of money?
- 1794 SP66 Flowing Hair dollar (Silver Plug) – $10,016,875 (2013)
- 1795 V CH to GEM UNC Flowing Hair dollar (3 leaves) – $1,265,000 (2005)
- 1795 SP66 Draped Bust dollar (Off-center) – $1,057,500 (2016)
- 1795 MS66+ Draped Bust dollar (Off-center) – $910,625 (2013)
- 1795 MS66 Flowing Hair dollar – $822,500 (2015)
- 1795 SP65 Draped Bust dollar (Centered) – $780,000 (2022)
- 1795 MS66 Bust Draped Bust dollar (Off-center) – $763,750 (2016)
- 1795 MS65+ Flowing Hair dollar (Silver Plug) – $705,000 (2015)
- 1795 MS65 Flowing Hair dollar – $646,250 (2013)
- 1795 MS66 Bust Draped Bust dollar (Centered) – $646,250 (2016)
- 1795 MS65 Flowing Hair dollar – $600,000 (2021)
- 1795 MS65 Flowing Hair dollar – $576,000 (2020)
- 1795 MS65+ Draped Bust dollar (Centered) – $456,000 (2020)
- 1795 MS65 Flowing Hair dollar – $258,500 (2015)
- 1795 MS65 Flowing Hair dollar – $253,000 (2011)
- 1795 MS63Flowing Hair dollar (2 leaves) – $218,500 (2006)
- 1795 MS61 Flowing Hair dollar (Silver Plug) – $172,500 (2011)
- 1795 CH AU Flowing Hair dollar (Silver Plug) – $161,000 (2002)
- 1795 AU55 Flowing Hair dollar (Silver Plug) – $129,250 (2019)
- 1795 XF45 Missing Leaf Flowing Hair dollar $100,625 (2011)
- 1795 AU58 Flowing Hair dollar – $97,750 (2011)
- 1795 VF35 Flowing Hair dollar – $94,875 (2011)
- 1795 XF40 Flowing Hair dollar – $80,500 (2011)
- 1795 MS62 Flowing Hair dollar – $78,000 (2017)
- 1795 AU53 Flowing Hair dollar (Silver Plug) – $74,750 (2011)
- 1795 AU55+ Flowing Hair dollar $41,125 (2012)
- 1795 AU55 Flowing Hair dollar $39,600 (2021)
- 1795 XF45 Flowing Hair dollar (Silver Plug) – $32,900 (2012)
- 1795 FINE Flowing Hair dollar $25,300 (2007)
- 1795 Fine Details Flowing Hair dollar $23,000 (2010)
- 1795 VF25 Flowing Hair dollar (Silver Plug) – $19,550 (2009)
- 1795 XF40 Flowing Hair dollar – $9,988 (2015)
- 1795 VG Flowing Hair dollar – $1,200 (2018)
What is the 1795 Early Dollars value?
All coins minted this year are costly, thanks to their age and rarity. You can find circulated pieces for several thousands of dollars, depending on their preservation level and possible damage. On the other hand, those in the mint state are worth tens of thousands to a few million dollars nowadays.
What are the priciest Early silver dollars?
The most expensive Flowing Hair dollars are the following:
- 1794 SP66 Flowing Hair dollar (Silver Plug) – $10,016,875 in 2013
- 1794 MS66+ Flowing Hair dollar – $6,600,000 in 2021
The most expensive Draped Bust dollars are the following:
- 1804 PR68 Draped Bust dollar (original, Class I, heraldic eagle, Type 2) – $7,680,000 in 2021
- 1804 PR58 Draped Bust dollar (re-strike, Class III, heraldic eagle, Type 2) – $2,300,000 in 2009
- 1796 MS65 Draped Bust dollar (small date, small letters, small eagle, Type 1) – $1,175,000 in 2013
- 1795 SP66 Draped Bust dollar (off-center error, small eagle, Type 1) – $1,057,500 in 2016