We’re all guilty of throwing loose change around the house without giving it much thought. But before you toss your coins in a jar or piggy bank and call it a day, you may want to take a second look. If you have a Flowing Hair dollar in your possession, you could be in store for a five-figure payday.
The Flowing Hair dollar, which features the bust of Lady Liberty with long and — you guessed it! — flowing hair, is considered one of the rarest and most special coins in the United States. That’s because it was the first silver one-dollar coin created in America after the formation of the U.S. Mint in the early 1790s. It was produced for just two years, 1794 and 1795, before it was replaced by a similar-looking coin called the Draped Bust dollar.
Earlier in 2021, one of these 1795 Flowing Hair dollar coins went up for auction on eBay. It got 36 bids, and eventually sold for a whopping $10,633. While the going rate for the Flowing Hair dollar is typically in the five-figure range, one coin sold for more than $10 million at auction in 2013. At the time, it surpassed the world record for the most expensive coin ever purchased. Since there are only 150-200 1794 coins left, it was likely among the first batch of these coins produced, which also makes it one of the first coins ever minted by the U.S. government. (That’s why 1794 Flowing Hair dollars are typically much pricier than their 1795 counterparts.)
Sure, it might be difficult to part with something that has such a rich national history attached to it, but picking up $10,000 will soothe your soul… and your savings account!