Flowing Hair

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Flowing Hair (FGH) is an Ethereum-based Token for use in mainstream digital wallets. Flowing Hair integration solutions There are several Wallet solutions that are compatible with Ethereum Blockchain and ERC20 Tokens, allowing the integration of Flowing Hair (FGH) into your workflow and enabling its distribution. The bottom line is that the 1795 Flowing Hair Dollars are the only ones available to all but the wealthiest collectors, and they thus are in great demand as type coins. Some 10 obverse dies were paired in various combinations with 11 reverses, and this resulted in a total of 19 die marriages.

The first cents that were struck in the United States were the 1793 Flowing Hair Large Cents. Found with two different reverses, the Chain Cents are the most famous and much in demand, while the Wreath Cents are more easily found, but remain rare. Neither of these designs lasted longer than a few months, after much criticism found in nationwide newspapers, the designs were soon altered. Today, the story of the Chain Cent is well documented, and the examples that survive are in demand but seldom available in high grade. The Wreath Cent of 1793 had a mintage of more than double but remains rare and experiences steady demand from type and large cent collectors.

The Mint Act of April 2, 1792 represented the birth of United States coinage. On that day, the familiar denominations such as the dime, quarter, half dollar, and dollar were authorized, along with a denomination which played a vital role in the early American economy. This was the cent, or 1/100 part of a dollar, the lowest denomination which continues to be in circulation up to the present day. In 1792, patterns for various denominations including cents were created, but the first cents struck in the following year would have a very different appearance.

In 1793, the cent would be the first denomination struck by the United States Mint, in a small building in Philadelphia that served as the nation’s first officially established Mint. Earlier coinage of the United States or the former colonies had been struck in many different establishments, but this was the first time federal coins were struck, on February 27, 1793. The coin, now named the 1793 Chain Cent was supposedly designed by Henry Voigt, the first chief-coiner at the Mint. Much criticized, his work would not last long, and at least one major engraving mistake is known.

The obverse of the first cents featured the head of Liberty, facing right, with her hair flowing backwards. The inscription LIBERTY is placed above, and the date is below, with both lettering and numbers visible in a somewhat curved manner. Liberty has a somewhat odd look, which has been described as frightened. The reverse has a chain of 15 links in a continuous circle, with the denomination spelled as ONE CENT in the center. The denomination is also given as 1/100, directly under the word CENT, meant for the large group of people at the time that could not read letters. The inscription UNITED STATES OF AMERICA is evenly spaced is around.

The basic and simple design was much criticized by contemporary newspapers, some of which considered to design to be “a bad omen for Liberty”. After the newspaper reports, Henry Voigt quickly started working on an improved design which would become known as the Wreath Cent. A distinctively different type, the obverse saw the addition of a group of leaves between the truncation of the neck of Liberty and the date. Also, the hair of Liberty was much better executed, giving the image an overall more natural look. The reverse was completely altered. The chain was replaced with a wreath, and the denomination in numbers was moved to the bottom of the coin, outside of the wreath. The inscription UNITED STATES OF AMERICA was placed differently, with the words beginning at the left base of the wreath and extending around the wreath to the other side.

Flowing Hair Silver Dollar Value

Drawing

Struck only in 1793, both designs for the Flowing Hair Cent are rare and seldom encountered in problem-free condition. Especially the chain cents, of any variety are in demand, thanks to their historic significance and rarity. The wreath reverse cents are somewhat underrated, but still sell for reasonable amounts, thanks to the demand from type set collectors, but these lack the special stories that can be told when holding a chain cent, the first federal cent struck by the United States of America.

One of the first dollar coins that was made by the US Mint almost 200 years ago is now being auctioned as the owner feels it is 'time to move on'.

The silver dollar coin was stuck by the US Mint back in 1794. The coin is known as 'Flowing Hair' dollar. It features a portrait of Lady Liberty with long open hair on one side and an eagle on the other.

Bruce Morelan, who owns the rare 1794 silver dollar, feels it is time to let go of this precious collection and move on to next adventures. 'This is a dream coin -- a priceless artifact that I have been proud to own, and I'm very sorry to see it go,' he told a local media house.

Flowing Hair

Morelean got this coin in 2013 for nearly $10 million. However, he now feels that it is 'time to move on to other challenges and I hope that the new owner of the coin treasures it just as much as I have.'

Over 200 years ago when the United States Congress passed the Coinage Act of 1792 and established country's first national mint in Philadelphia, this was one of the first dollar coins that was produced.

'The Constitution had specified that the dollar was going to be the cornerstone of the US monetary system,' Douglas Mudd, the curator and director of the American Numismatic Association's Money Museum told local media house.

Flowing Hair Coins

The mint started producing silver coins in 1794, but these silver coins were not for public use but were to be distributed as souvenirs to specific 'important' people of the society as a PR policy.

The 'Flowing Hair' figure of Liberty was inspired from Roman coins where female figures were used to represent freedom.

A total of 1,758 coins were produced, out of which 130-140 coins are still out in the world.

Flowing Hair Half Dime

The auction, which can have a low turnout due to the novel coronavirus pandemic, will be held at Legend Auctions on October 8 at The Venetian Hotel in Las Vegas.