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Home›World›The Buzz | Prototype of first US dollar coins auctioned for $840,000

The Buzz | Prototype of first US dollar coins auctioned for $840,000

By -
Tuesday, April 27, 2021
78
0

A piece of copper that was struck by the U.S. Mint in Philadelphia in 1794 and was a prototype for the fledgling nation’s money was auctioned off for $840,000, considerably more than expected, an official said.
Heritage auctions spokesman Eric Bradley said the “No Stars Flowing Hair Dollar” opened at $312,000 when it was put up Friday evening but “in less than a minute, intense bidding quickly pushed the coin to its final auction price of $840,000.”
The coin, formerly owned by businessman and Texas Rangers co-chairman Bob Simpson, had been expected to sell for $350,000 to $500,000, Bradley said.
Known as a pattern, the front features the flowing hair portrait of Liberty and the date 1794, while the reverse side shows a small eagle on a rock within a wreath.

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