Historic Half Dollar coin from 1795 appears online priced at $57,500

Coins dealer Bowers and Merena of Irvine, California, is offering a very valuable half Dollar specimen in its online stock.

This uncirculated Half Dollar from 1795 is one of the final coins to bear the Flowing Hair design, produced between 1794-95, similar to the design of the era's half dimes and silver dollars.

The coin shows Liberty as a woman with long flowing locks, while the coin's reverse depicts a scrawny-looking eagle within a wreath.


The Flowing Hair Half Dollar from 1975 was the first of many designs
for the coin (Click to enlarge)

 

Most of these coins were made from silver deposited at the US Mint Philadelphia, often donated by people who brought silver or silver foreign coins to the Mint to be melted down.

At the time, the US government had little money with which to purchase silver. Those who brought sliver to the mint were able to exchange it for their own shiny new silver coins.

Someone obviously decided to hold onto theirs and look after this example. It is graded MS62 - which translates as "average, uncirculated" - and is priced $57,500

 

Join our readers in 189 countries around the world - sign up for your free weekly Collectibles Newsletter today

 

Featured products

Elvis Presley Authentic Strand of Hair
Elvis Presley Authentic Strand of Hair
Sale price£399
In stock
Fidel Castro signed certificateFidel Castro Signed Certificate
Fidel Castro signed certificate
Sale price£2,995
In stock
King Henry VIII Autographed DocumentKing Henry VIII Autographed Document
King Henry VIII Autographed Document
Sale price£55,000
In stock