The Flowing Hair Half Dime (1794-1795) is one of the most significant coins in American numismatics. As the first five-cent piece ever minted by the United States, these tiny silver coins hold immense historical value. Designed by Robert Scott, they feature the same Flowing Hair Liberty motif as the half-dollar coin but in a smaller 16mm format. Due to their low mintage numbers and the rarity of surviving specimens, these coins have become highly sought after, with some selling for over a million dollars at auction.
Below is a look at the eight most valuable Flowing Hair Half Dimes ever sold, along with their fascinating histories and record-breaking prices.
The 8 Most Valuable Flowing Hair Half Dimes
1. 1794 Flowing Hair Half Dime – $1,175,000
- Grade: PCGS MS-64
- Auction: Stack’s Bowers (2022)
This 1794 half dime is a remarkable example of America’s first five-cent coin. With only 7,765 minted, surviving examples are exceptionally rare. In 2022, this MS-64 graded coin sold for an astonishing $1,175,000, setting an all-time auction record.
2. 1795 Flowing Hair Half Dime – $763,750
- Grade: PCGS MS-65
- Auction: Heritage Auctions (2021)
While the 1795 Flowing Hair Half Dime had a higher mintage of 78,660, finding one in pristine condition is still incredibly difficult. This MS-65 graded specimen, with its sharp details and brilliant luster, fetched $763,750 at auction in 2021.
3. 1794 Flowing Hair Half Dime – $705,000
- Grade: PCGS MS-63
- Auction: Stack’s Bowers (2018)
Another 1794 half dime reached a staggering price of $705,000. This MS-63 graded coin features original toning and a strong strike, making it one of the most attractive early U.S. coins ever sold.
4. 1795 Flowing Hair Half Dime – $528,750
- Grade: PCGS MS-64
- Auction: Heritage Auctions (2019)
Even though the 1795 issue had a larger production, few coins have survived in such high grades. This MS-64 example, with its excellent strike and eye appeal, was auctioned for $528,750.
5. 1796 Flowing Hair Half Dime – $411,250
- Grade: PCGS AU-58
- Auction: Stack’s Bowers (2017)
The 1796 Flowing Hair Half Dime is a transitional issue with a smaller bust design. This AU-58 graded coin, showing minimal wear and strong details, sold for $411,250 in 2017.
6. 1795 Flowing Hair Half Dime – $352,500
- Grade: PCGS MS-62
- Auction: Heritage Auctions (2016)
Despite its slightly lower MS-62 grade, this 1795 half dime commanded an impressive $352,500. Its historical significance, combined with attractive toning and sharp details, contributed to its high value.
7. 1794 Flowing Hair Half Dime – $293,750
- Grade: PCGS AU-55
- Auction: Stack’s Bowers (2015)
Even in a non-Mint State grade, this 1794 half dime fetched $293,750 due to its rarity and historical importance. It remains a highly prized piece among collectors.
8. 1795 Flowing Hair Half Dime – $258,500
- Grade: PCGS MS-61
- Auction: Heritage Auctions (2014)
Rounding out the list is another 1795 half dime, graded MS-61. Despite some light wear, it sold for an impressive $258,500, proving that even slightly worn coins from this era can command high prices.
Why Are Flowing Hair Half Dimes So Valuable?
Several factors contribute to the immense value of these early American coins:
| Factor | Reason for Value |
|---|---|
| First U.S. Five-Cent Coin | These coins represent the very beginning of the U.S. currency system. |
| Limited Survival Rate | Many of these coins were lost, melted down, or heavily circulated, leaving very few in existence. |
| High-Grade Rarity | Mint State and high-grade examples are exceptionally scarce, driving up their value. |
| Historical Significance | As some of the first coins struck by the U.S. Mint, they hold immense historical importance. |
Most surviving Flowing Hair Half Dimes are now housed in museums or elite private collections. However, occasional discoveries at estate sales and auctions prove that hidden treasures still exist.
The skyrocketing prices of these coins show that they are more than just currency—they are tangible pieces of American history. Whether you’re a seasoned collector or a history enthusiast, owning one of these rare half dimes is an extraordinary achievement.
FAQs
How can I tell if I have a real Flowing Hair Half Dime?
Check for key details like the Flowing Hair Liberty design, a small 16mm size, and the correct date (1794 or 1795). If you suspect you have one, it’s best to have it authenticated by a professional grading service like PCGS or NGC.
How much is a worn Flowing Hair Half Dime worth?
Even heavily worn examples can still be worth thousands of dollars. The exact value depends on the coin’s condition, rarity, and demand among collectors.
Where can I buy or sell a Flowing Hair Half Dime?
Reputable auction houses like Heritage Auctions, Stack’s Bowers, and Legend Rare Coin Auctions often handle high-value Flowing Hair Half Dimes. You can also check major coin dealers and numismatic conventions.
Are there any counterfeits of Flowing Hair Half Dimes?
Yes, due to their high value, counterfeit versions exist. Always buy from reputable sources and ensure the coin is certified by a trusted grading service.
