Have you ever wondered that an old, Lincoln small coin can be worth millions? Yes, America’s 1795 Flowing Hair Half Dollar is one such coin, which is not only beautiful to look at, but has also played an important role in history. Recently, this rare coin has been auctioned for $ 26,437.50 (more than Rs 22 lakh). Today we will understand the story of this special coin in detail in easy and interesting language.
What is the Flowing Hair Half Dollar of 1795?
This is a 50 cent silver coin that was minted in the early years of America’s independence i.e. in 1794 and 1795. On one side of this coin (called “obverse”) is the image of Lady Liberty. Her hair is seen open and flowing in the air, which is a symbol of freedom and independence. On the other side (called the “reverse”) is a small eagle, surrounded by a wreath of leaves.
This design is called “Flowing Hair” i.e. “Freedom with flowing hair”. The special thing is that this design lasted only for two years (1794-1795) and after that it was changed. For this reason, today this coin is considered very rare and valuable.
What is the historical background of this coin?
When America became independent from British rule, it did not have its own national currency. People used Spanish dollars, Dutch and British coins. In 1792, the US Congress decided that now the country would have its own currency. In the same year, the first U.S. Mint (government institution for making coins) was opened in Philadelphia.
In 1794, America issued its first official coin series, which also included this Flowing Hair design. This Half Dollar (50 cents) coin was part of that period and was made until 1795.
That is, it is not just a coin, but a symbol of the period when America started relying on itself economically.
Who designed this coin?
The Flowing Hair Half Dollar was designed by Robert Scott, who was the first official Chief Engraver of America. He created the image of Lady Liberty inspired by Greek art, in which open hair was considered a symbol of freedom, independence and natural beauty.
This design gives the message that America is no longer under anyone and it will decide its own path.
Which metal is used in this coin?
This coin was made of 89.24% silver and 10.76% copper. This mixture was commonly used in silver coins in America at that time.
The coin weighed about 13.48 grams and was about 32.5 mm in size, slightly larger than today’s modern half dollar coins.
1795 Half Dollar Types – Some Special Differences
These coins minted in 1795 also have some special varieties that are very attractive to collectors. These differences are very subtle, but they have a profound effect on the price of the coin:
Two Leaves vs. Three Leaves:
The coin has some leaves under the eagle’s wings on the reverse side. Some coins show two leaves and some have three. This difference is due to the different dies that minted the coins. Collectors recognize these varieties differently and some varieties are considered more valuable.
Centered vs. Uncentered Drapery:
The position of Liberty’s drapery can also vary slightly in different coins. In some coins, it is perfectly centered, and in others, slightly off to the side.
These subtle variations make some coins especially rare and attract high bids at auction.
How many coins were minted in 1795?
In 1795, the US Mint minted approximately 299,680 Half Dollar coins. This number may sound high, but many of these coins were lost, melted, destroyed or damaged over time.
The coins that survive today are very few in number, and if a coin is in good condition, its value can reach millions.
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So why is this coin so special?
Historical significance:
This is the first official Half Dollar coin of the US. It symbolizes a period when the country was creating a new identity.
Rarity:
This design was only produced for two years, and very few coins survive today. That makes it special.
Beautiful design:
The flowing locks of Liberty and the image of the eagle make it not only historically but also artistically beautiful.
Collectors’ Choice:
It is a dream for coin collectors around the world to own the 1795 Flowing Hair Half Dollar. Its price at auctions starts from thousands of dollars and reaches millions.
What happened in the recent auction?
On March 30, 2025, this coin sold for $26,437.50 (about Rs 22 lakh) at an auction. Its good condition, rare variety, and historical significance earned it such a high price.
Conclusion: It is not just an old coin, it is a living history
The 1795 Flowing Hair Half Dollar is not just a piece of silver. It is a glimpse of the time when America first started minting its own coins. It is a symbol of passion, freedom and new beginnings that still inspire people today.
If you are interested in history or are fond of coins, then this coin is no less than a treasure for you. And if you ever find an old coin, look at it carefully – who knows your hands may also touch such a piece of history.
FAQs
Q1. What is the Lincoln Half Dollar?
A: The Lincoln Half Dollar is a rare coin, often confused with other Lincoln coins, and it’s highly valued among collectors for its rarity and historical features.
Q2. Why is this Lincoln Half Dollar worth $26,400?
A: Its high value comes from rare minting errors, low mintage numbers, and historical significance, making it extremely desirable for coin collectors.
Q3. Is this coin still in circulation?
A: Yes, surprisingly, a few of these rare half dollars are still in circulation, though they are extremely hard to come by in everyday transactions.
Q4. How can I identify a valuable Lincoln Half Dollar?
A: Look for unique mint marks, specific years, or error features like double-die obverse, off-center strikes, or unusually clean designs.
Q5. Which year or mint makes this coin so valuable?
A: Coins from specific years, especially those with limited mintage or errors (like the 1964 SMS or certain proof strikes), can reach high values.
