Lot 935
1794 Flowing Hair Half Dime. . LM-1, V-1. PCGS graded MS-62 PQ. CAC Approved. This variety is quickly recognized by the obverse, with the third curl joined to the upper inside point of star 2. The obverse die is cracked while the reverse has a short crack from a dentil into the field between A and M.
An nicely toned specimen, with attractive satiny surfaces on both sides (some 1794 half dimes include hints of Prooflike luster in areas). Exceptional strike, better than average even on the eagle's breast, where many of the feathers are outlined if not clearly defined (a trait that is rarely seen on this date or type as the eagle's breast is often flat). Full hair details, with every strand completely struck up although the lowest two merge together in one spot. Nicely centered on a full-sized planchet, showing at least half of denticles on both sides (partially hidden by the grading holder). Were it not for some fine marks on both sides and a small scratch below TY of LIBERTY, we'd expect the grading service to add a point to the grade. Worthy of inclusion in the choicest cabinet. Pop 8; 34 finer (PCGS # 4250) .
The Flowing Hair half dimes of 1794-95 were designed by Robert Scot, a talented engraver of the First Philadelphia Mint. His design was different than that found on Birch's 1792 half dismes (the spelling of "disme" would gradually evolve to "dime." On the 1792 coins, the denomination is spelled HALF DISME).
Scot's design features a head of Liberty facing to the right with distinctive flowing hair. Fifteen stars, arranged 8x7, surround the head with the date below and the word LIBERTY above. On the reverse, an eagle stands amid an olive branch with the legend UNITED STATES OF AMERICA around it. There is no indication of this coin's value on either side, nor would there be until the Capped Bust design was adopted in 1829.
Estimated Value $20,000 - 22,000.
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| Realized $20,700 |
