Stack’s Bowers Galleries, a leading name in the numismatic world, has once again earned the privilege of collaborating with the United States Mint to auction a remarkable set of coins. On December 12, 2024, Stack’s Bowers will present a special auction of the 2024 Flowing Hair High Relief Gold coins, commemorating the 230th anniversary of America’s first silver dollar—the 1794 Flowing Hair dollar. This auction marks a rare opportunity for collectors to acquire a piece of American history, as these gold coins are a modern tribute to one of the most iconic coins in U.S. history.
The Legacy of the Flowing Hair Dollar
This Article Includes
- 1 The Legacy of the Flowing Hair Dollar
- 2 A Modern Homage: The 2024 Flowing Hair High Relief Gold Coins
- 3 Exclusive Auction: Only 230 Coins Available
- 4 The Auction Format: Waiver of Buyer’s Premium and State Tax Exemption
- 5 A Record of Excellence in Rare Coin Auctions
- 6 Conclusion: A Must-See Auction for Coin Collectors
The original 1794 Flowing Hair silver dollar holds a place of immense historical significance. Struck as the first official U.S. dollar, it symbolizes the birth of the nation’s coinage system. Designed by Mint Chief Engraver Robert Scot and produced under the direction of Mint Director David Rittenhouse, only 1,758 coins were minted. Today, fewer than 150 of these coins are believed to survive. The rarity and significance of the 1794 Flowing Hair dollar make it one of the most sought-after pieces in numismatics, with past examples fetching multi-million-dollar bids.
A Modern Homage: The 2024 Flowing Hair High Relief Gold Coins
In honor of this historic coin, the U.S. Mint has struck the 2024 Flowing Hair High Relief Gold coins. These coins replicate the designs of the original silver dollar, with the obverse and reverse carefully re-sculpted by Mint medallic artists. Each coin is crafted from one ounce of .9999 fine gold, ensuring both its aesthetic appeal and intrinsic value. The coins will feature a “230” privy mark, a unique symbol that celebrates the 230th anniversary of the original dollar’s creation. This special marking makes these gold coins even more historically significant.
Exclusive Auction: Only 230 Coins Available
The upcoming auction by Stack’s Bowers Galleries will feature the first 230 coins from the 2024 series, each marked with the “230” privy mark to indicate their limited-edition status. The coins will be graded by Professional Coin Grading Services (PCGS), ensuring their authenticity and quality. In addition to the coins themselves, the first of these privy-marked gold coins will come with a special presentation. Each of these coins will be accompanied by the canceled obverse and reverse dies used to strike the series, housed in a custom-built box. The inclusion of these dies offers collectors an added layer of historical value, making this auction a truly unique event.
The Auction Format: Waiver of Buyer’s Premium and State Tax Exemption
In a move designed to encourage even stronger bidding, Stack’s Bowers Galleries will waive the Buyer’s Premium on these 230th Anniversary gold coins. This means that the winning bidder will only need to pay the hammer price, excluding shipping fees. Additionally, due to the Supremacy Clause of the U.S. Constitution, the Mint is not obligated to charge state sales tax on the sale of these coins, which could further entice collectors to participate in the auction.
A Record of Excellence in Rare Coin Auctions
Stack’s Bowers Galleries is no stranger to handling rare and valuable coins. Over its 90-year history, the auction house has set numerous records, including the world record for the sale of the 1794 Flowing Hair dollar. In 2002, Stack’s Bowers (in partnership with Sotheby’s) auctioned off the only 1933 Saint-Gaudens double eagle authorized for private ownership, setting a record at over $7.5 million. More recently, Stack’s Bowers was chosen to auction the unique 35th Anniversary American Eagle at Dusk and Dawn coins, which fetched over $4.6 million. These high-profile sales have cemented Stack’s Bowers Galleries as a leader in the auction of rare coins.
Conclusion: A Must-See Auction for Coin Collectors
The auction of the 2024 Flowing Hair High Relief Gold coins is not only a rare opportunity to own a piece of American history but also a testament to the continuing legacy of the U.S. Mint’s coinage system. With only 230 coins available, each uniquely marked and graded, collectors can look forward to an unforgettable auction. Whether you are an experienced numismatist or a new collector, this is an event you won’t want to miss. To register for bidding or learn more about the coins, visit Stack’s Bowers Galleries or call their customer service for assistance.