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1794 $1 Silver Plug, B-1, BB-1 SP

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1794 $1 Silver Plug, B-1, BB-1 SP

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Greysheet Catalog Details (GSID: 7144)

The 1794 One dollar is part of a series of Flowing hair silver dollar coins struck from 1794-1795. The specific variety is Silver Plug. Struck in Philadelphia and designated as a Business (SP) strike, this coin is made of 89% silver; 11% copper from a mintage of Unique struck and has a rarity rating of 8.
Considered to be a unique specimen of the rare first year silver dollar issue, with a silver plug inserted to correct weight. Quite possibly (and argued by some researchers) to be the very first silver dollar struck by the U.S. mint.
Obverse: The original design of Liberty, facing right, with hair flowing as if facing a slight breeze. 8 and 7 stars on the left and right periphery, respectively with the word LIBERTY across the top and the date positioned in the bottom center.
Reverse: A small eagle standing on branches surrounded by olive branches that are tied in a bow at the bottom. The words UNITED STATES OF AMERICA around the periphery. No denomination is mentioned.

Catalog Details    Dealers Only

Catalog Detail

GSID: 7144
Coin Date: 1794
Denomination: $1 / One dollar
Designation: SP
Mint Mark: P
Mint Location: Philadelphia
Mintage: Unique
Coinage Type: Flowing hair silver dollar
Coinage Years: 1794-1795
Prefix: Unique
Composition: 89% silver; 11% copper
Variety: Silver Plug
Variety 2: B-1, BB-1
Rarity: R-8
Strike Type: Specimen
Diameter: 39 mm
Fineness: 0.8924
Weight: 26.96 gr
Weight: 0.7731 oz
Coin Shape: Round
Designer: Robert Scot
Obverse Lettering: LIBERTY, 1794
Obverse Designer: Robert Scot
Reverse Lettering: UNITED STATES OF AMERICA
Reverse Designer: Robert Scot
PCGS #: 86851
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