First American Coins: A Look Back at History

The first American coins, minted in 1793, are a significant part of American numismatic history. One such coin is the Flowing Hair Chain cent, which recently sold for $1.5 million at an auction in Orlando. This impressive sale is just one example of the value and significance placed on these early American coins.

In this article, we will take a closer look at the history of the first American coins, including the Flowing Hair Chain cent and other significant pieces that have crossed the $1 million barrier.

The story behind the acquisition of the lustrous cent is an interesting one. Alan Weinberg shared his experience, recalling how he purchased the coin from Ted Naftzger on New Year's Eve in 1996. The cent was graded Mint State 64+ brown by PCGS and bears a green CAC sticker.

Heritage wrote that this early die state piece was likely struck on one of the first days of coinage operation in 1793, making it among coins in the first delivery dated March 1, 1793. The Sheldon 1 cent features America abbreviated as AMERI on the reverse side.

The February monthly edition of Coin World recently featured a story on collecting silver dollars by type. This article explored the nation's legacy of silver dollars, from the early Flowing Hair dollars struck in 1794 to today's American Eagle silver dollar, produced by the millions every year.

Other coins that have crossed the $1 million barrier include a coveted 1879 $4 Stella pattern graded Proof 66 Cameo by NGC and an 1884 Trade dollar - one of only 10 known and graded Proof 66 by NGC. This certified dollar sold for $3.96 million at a recent auction.

The finest-known of five 1885 Trade dollars was the top lot at Heritage's 2019 Florida United Numismatists auctions in Orlando, selling for an impressive sum. These early American coins are not only significant for their historical value but also for their beauty and rarity.

In conclusion, the first American coins, such as the Flowing Hair Chain cent, continue to fascinate collectors and historians alike. With their rich history and beauty, it is no wonder that these coins have become highly sought after and valuable.

First american coins 1793