This Rare Lincoln Half Dollar Is Worth $26.4K — And It Might Be in Your Pocket

The 1795 Flowing Hair Half Dollar is more than just a coin—it’s a powerful symbol of America’s early years. Struck during the infancy of the U.S. Mint, this historic silver coin blends rarity, artistry, and patriotic spirit. One such piece recently fetched $26,437.50 at auction, underscoring its immense collector value.

What Is the 1795 Flowing Hair Half Dollar?

Minted between 1794 and 1795, the Flowing Hair Half Dollar features a youthful Lady Liberty with long, flowing hair on the front, representing freedom and the ideals of the newly formed United States. The reverse displays a small eagle encircled by a wreath—simple, elegant, and deeply symbolic.

Coin Name1795 Flowing Hair Half Dollar
DesignerRobert Scot
Metal Composition89.24% Silver, 10.76% Copper
Weight~13.48 grams
Diameter~32.5 mm
Mint Year1795
MintageApprox. 299,680
Recent Sale Price$26,437.50 (March 30, 2025)

Historical Background

After gaining independence, the U.S. aimed to create its own national currency. The Coinage Act of 1792 established the U.S. Mint in Philadelphia, and by 1794, the first official coins—including the Flowing Hair series—were struck.

The 1795 version, although more common than the 1794 issue, is still rare today. These coins marked the earliest attempts at creating a consistent, national monetary system.

Who Designed It?

Robert Scot, the first Chief Engraver of the U.S. Mint, created the Flowing Hair design. He drew inspiration from classical art, aiming to portray Liberty as free, natural, and youthful. The design didn’t last long, but it left a lasting impression on American numismatics.

Coin Specs and Metal Content

This half dollar is composed of 89.24% silver and 10.76% copper, a standard alloy for early U.S. silver coins. It’s larger than modern half dollars, making it a standout piece in any collection.

Key Varieties of the 1795 Half Dollar

Collectors pay close attention to subtle design differences, including:

1. Two Leaves vs. Three Leaves
Look under the eagle’s wings—some coins show two leaves, while others show three. These variations came from different working dies.

2. Centered vs. Uncentered Drapery
Liberty’s drapery may be neatly centered or slightly misaligned, which can affect a coin’s eye appeal and value.

These varieties are subtle but important, adding depth to the collecting experience.

Survival Rate and Rarity

Although nearly 300,000 were minted, few have survived in collectible condition. Many were lost, melted, or heavily circulated. High-grade examples are now rare, and even lower-grade coins are prized for their age and historical value.

Why Collectors Prize This Coin

  • Historic Significance: Among the first official coins produced by the U.S. Mint.
  • Rarity: Short-lived design, low survival rate.
  • Artistry: Classical Liberty and early eagle motif.
  • Cultural Value: A tangible link to America’s earliest economic foundations.

Coins in excellent condition or with unique varieties can sell for tens to hundreds of thousands of dollars.

Conclusion

The 1795 Flowing Hair Half Dollar stands as a shining emblem of America’s beginnings. It’s not just a valuable piece of silver—it’s a slice of history that tells the story of a nation forging its own identity. Whether you’re a seasoned collector or simply admire historical treasures, this coin remains one of the most cherished in U.S. numismatics.

FAQs

Why is the 1795 Flowing Hair Half Dollar valuable?

Because of its age, low survival rate, and status as one of America’s first coins, it holds strong historical and monetary value.

Who designed the coin?

Robert Scot, the first Chief Engraver of the U.S. Mint, created the Flowing Hair design.

What are the key varieties to look for?

The Two Leaves vs. Three Leaves and Centered vs. Uncentered Drapery varieties are the most notable.

How big is the coin compared to modern half dollars?

It’s slightly larger and heavier than today’s 50-cent pieces.

Can I still find one of these coins in circulation?

No—these coins are over 200 years old and are found only in auctions or private collections today.

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