Flowing Hair Half Dime Identification Guide: 1794 First US Half Dime, 1795 LIKERTY Blunder, Logan-McCloskey Varieties, and Values
The Flowing Hair Half Dime — struck in 1794 and 1795 — is the first half dime ever produced for circulation by the United States Mint and the founding type of America's smallest silver denomination. Designed by chief engraver Robert Scot, it carries the same windswept Liberty portrait found on the Flowing Hair silver dollar and half dollar of the same two years, paired on the reverse with a small, naturalistic eagle perched on a cloud inside a thin open wreath. The combined two-year mintage was only about 86,416 pieces across both dates, making every Flowing Hair Half Dime a genuinely scarce early-American silver coin.
This guide walks through every aspect of identifying, attributing, grading, and valuing Flowing Hair Half Dimes. You will learn how to separate the rare 1794 from the more available 1795, recognize the small eagle reverse, attribute Logan-McCloskey (LM-) and older Valentine (V-) die varieties, identify the famous 1795 "LIKERTY" blunder die, read the fifteen-star obverse correctly, distinguish genuine adjustment marks and strike weakness from damage, detect the counterfeits that target this high-value type, and price coins in every grade from a well-worn 1795 in Good to a Mint State gem.
Whether you are evaluating an inherited type coin, weighing a major purchase, or simply studying the dawn of US silver coinage, this guide gives you the working knowledge to handle these tiny but historically enormous coins with the care they deserve. Like the Flowing Hair dollar and half dollar, these are not coins to buy raw, on impulse, or without certification — but a single 1795 in Fine or Very Fine remains one of the most attainable ways to own a coin from the Mint's very first years of silver production.
Table of Contents
- History: America's First Half Dime
- Design: Robert Scot's Flowing Hair Liberty
- Composition and Specifications
- The 1794 Issue: The Key Date
- The 1795 Issue: Varieties and the LIKERTY Blunder
- Logan-McCloskey (LM-) and Valentine (V-) Varieties
- The 1792 Half Disme: A Separate Story
- Star Count and Obverse Diagnostics
- Grading Flowing Hair Half Dimes
- Authentication and Counterfeit Detection
- Current Market Values and Price Guide
- Notable Specimens and Auction Records
- Building a Flowing Hair Half Dime Collection
- Storage and Preservation
- Frequently Asked Questions
History: America's First Half Dime
The Coinage Act of April 2, 1792 authorized the United States Mint and established a full slate of denominations, including the half dime — a five-cent silver coin valued at half of the disme (dime). The half dime was the smallest of the silver pieces specified by law. As with the larger silver coins, actual production lagged well behind the statute. The new Philadelphia Mint, at Seventh and Filbert Streets, had to obtain dies, presses, and skilled labor before regular silver coinage could begin in earnest.
Regular half dime production of the Flowing Hair type began in 1794, the same season the Mint struck its first silver dollars and half dollars. The combined output for the 1794 and 1795 dates is generally cited at 86,416 coins. The annual breakdown is imperfectly recorded because Mint reports counted coins by the year delivered rather than the date on the die: roughly 7,756 pieces are attributed to the 1794 date, with the remaining ~78,660 carrying the 1795 date — and a number of "1795" coins were actually struck early in 1796 before the design changed.
The Flowing Hair design ran only through 1795 on the half dime. The denomination then adopted the new Draped Bust portrait beginning in 1796, paired first with a Small Eagle reverse and later with a Heraldic Eagle. The companion Flowing Hair Dollar and Flowing Hair Half Dollar share this exact two-year 1794-1795 window, making the three coins a natural founding trio of US silver coinage.
A Short-Lived but Foundational Design
The Flowing Hair portrait was Robert Scot's first major obverse for federal silver, and contemporaries did not love it. Liberty's wild, uncombed hair struck critics as undignified — the same complaint leveled at the Flowing Hair dollar and half dollar. Mint Director Henry William DeSaussure, who took office in mid-1795, made redesigning Liberty a priority, and by 1796 the more classical Draped Bust portrait (based on a Gilbert Stuart drawing) had replaced Flowing Hair across the silver denominations. The half dime thus carries the Flowing Hair design for only two calendar years, making a complete type set of the design — one 1794 and one 1795 — a meaningful, if expensive, goal for collectors of early American silver.
Design: Robert Scot's Flowing Hair Liberty
Understanding every element of the Flowing Hair design is essential for accurate attribution and counterfeit detection. The half dime uses the same conceptual design as the dollar and half dollar, scaled down to a tiny 16.5 mm planchet — a size that makes both die work and modern grading especially demanding.
Obverse (Heads Side)
The obverse shows Liberty facing right, her hair flowing freely behind her in long, untamed strands. There is no cap, no ribbon, and no drape — just hair and a bare neck. The legend LIBERTY arches across the top above the head, the date sits below the bust truncation, and fifteen stars surround the portrait, representing the fifteen states then in the Union after Vermont (1791) and Kentucky (1792) joined the original thirteen. The standard arrangement is eight stars left and seven right. No designer's initials appear anywhere on the coin.
Reverse (Tails Side)
The reverse depicts a small, naturalistic bald eagle with wings partly spread, perched on a cloud or rock, enclosed by an open wreath of laurel and palm branches that meet at the bottom but do not cross or tie. The legend UNITED STATES OF AMERICA arches around the rim. As on the dollar and half dollar, the eagle is a believable bird rather than the later heraldic, shield-bearing eagle. Critically, there is no denomination expressed anywhere on the coin — no "5C," no "HALF DIME," nothing. The value was understood from the coin's diameter and weight alone. This absence of a stated denomination is one of the most distinctive features of early half dimes.
Edge
The edge is reeded (vertically grooved). This is a key point of difference from the larger Flowing Hair silver: the half dollar and dollar carry a lettered edge stating the denomination, but the tiny half dime simply has a plain reeded edge. The reeding was applied as part of striking within a collar. The edge is still an authentication checkpoint — but here you are confirming that the reeding is genuine and even, not reading lettering. A Flowing Hair Half Dime with a smooth, plain (un-reeded), or lettered edge is either a counterfeit or a damaged piece.
Composition and Specifications
Knowing the metal content and physical specs is essential for both authentication and for understanding how these coins were made and circulated.
Specifications
- Composition: .8924 silver, .1076 copper (the original US standard authorized by the 1792 Coinage Act; often rounded to "90% silver" in modern listings, though the legal figure was .8924 fine).
- Weight: 1.35 grams (20.8 grains — exactly one-tenth the half dollar's weight and one-twentieth the dollar's).
- Diameter: approximately 16.5 mm (variable on early hand-finished planchets).
- Edge: Reeded.
- Net silver weight: approximately 1.20 grams (0.0388 troy oz pure silver).
Why the .8924 Standard?
The Coinage Act fixed the silver alloy at 1485 parts silver to 179 parts copper, working out to .8924 fine. The choice mirrored the silver content of the Spanish 8-reales coin that dominated American commerce, so that US silver would exchange smoothly against the Spanish dollar and its fractions. The half dime, as the smallest silver coin, was meant to circulate as everyday change — though in practice many were saved, exported, or melted, which is one reason survivors are scarce in all grades.
Why Composition Matters for Authentication
An authentic Flowing Hair Half Dime weighs very close to 1.35 grams. Two-plus centuries of circulation may shave a small fraction of a gram from a well-worn coin, but a piece markedly off this figure is suspicious. Specific gravity should fall near 10.3. The .8924 alloy lends genuine coins a slightly warmer tone than the colder .900 silver of post-1837 federal coinage. Because the coin is so light, even a tiny discrepancy in weight is meaningful — a difference of 0.1 to 0.2 gram is a large percentage of total mass. Any candidate that is markedly off these specs, or that shows a yellowish, pinkish, or unnaturally bright cast, demands professional testing before purchase.
The 1794 Issue: The Key Date
The 1794 Flowing Hair Half Dime is the key date of the type and one of the most desirable early-American silver coins a collector can pursue. With roughly 7,756 pieces attributed to the date and a survival population in the low hundreds to low thousands across all grades, the 1794 commands a strong premium over the 1795 in every condition.
Identification of the 1794
The 1794 is identified by:
- Date: 1794 in the lower obverse below the bust truncation.
- Stars: Fifteen stars on the obverse, normally eight left and seven right.
- Reverse: Small eagle on a cloud within an open wreath; UNITED STATES OF AMERICA around.
- Strike: Like the 1794 dollar and half dollar, the half dime was struck on primitive equipment and routinely shows peripheral weakness — soft stars, soft date, and soft wreath detail even on higher-grade coins.
- Adjustment marks: Fine file-like marks across the surface can appear; Mint workers used files to reduce overweight planchets to the legal standard before striking. On a coin this small the marks are correspondingly fine.
- Edge: Reeded.
The Four 1794 Die Marriages
The 1794 was struck from only four die marriages, catalogued in the older Valentine reference as V-1 through V-4 (and assigned LM numbers in the modern Logan-McCloskey system). All four are scarce, ranging from "very scarce" to "very rare," and a complete 1794 die-variety set is a serious challenge because some marriages are represented by only a handful of known coins. For type purposes, however, every 1794 is the same desirable key date regardless of which die marriage it is.
Survivors and Demand
PCGS and NGC together have certified only a modest number of 1794 half dimes across all grades, with the population thinning dramatically above Very Fine and only a small number of Mint State coins known. Because the 1794 is both the first half dime and a very low-mintage key date, demand outstrips supply, and prices have appreciated steadily for decades. Even a heavily worn, problem-free 1794 in Good condition is a solid four-figure coin; high grades reach well into the tens of thousands.
The 1795 Issue: Varieties and the LIKERTY Blunder
The 1795 Flowing Hair Half Dime resumed production in quantity, with roughly 78,660 pieces attributed to the date across many die marriages. The 1795 is by far the more available date and is the only Flowing Hair Half Dime most collectors will ever own. It is also where nearly all of the type's interesting varieties live, including the most famous blunder die in the half dime series.
The 1795 "LIKERTY" Blunder (LM-8)
The single most celebrated 1795 variety is the "LIKERTY" die, catalogued as LM-8. On this obverse die, the engraver's first attempt at the legend left a malformed letter so that LIBERTY appears to read LIKERTY — the "B" looks like a "K" because of how the punch was entered and corrected. It is a bold, naked-eye blunder that has made LM-8 a favorite among collectors who enjoy obvious die errors, much as the bold Recut Date is prized on the Flowing Hair Half Dollar. The LIKERTY die is well documented and commands a premium over common 1795 marriages, especially in higher grades.
Other 1795 Varieties
Early die work was done largely by hand with individual letter and star punches, and small mistakes were common. Beyond LIKERTY, the 1795 half dimes show repunched stars and letters, varying date placement, and a range of die cracks, clashes, and cuds from heavy use of a limited number of dies. Some obverses are distinguished by subtle differences in the hair, the position of the lowest curl, or the spacing of the stars relative to Liberty's portrait. None of these distinctions changes the design type, but each can change the value of a specific coin for variety specialists.
Identification Workflow for 1795
- Confirm Flowing Hair design: Wild flowing hair, no cap, no drape, no ribbon.
- Read the date: 1795 below the bust.
- Read the legend carefully: Check whether LIBERTY reads normally or shows the bold LIKERTY blunder (LM-8).
- Inspect the stars and letters: Look for repunching and unusual spacing.
- Examine the edge: Reeded and even.
- Confirm weight and diameter: 1.35 grams nominal, ~16.5 mm.
- Attribute the LM/V variety if you wish, using star positions, date placement, and the legend against the reference plates.
Logan-McCloskey (LM-) and Valentine (V-) Varieties
Two reference systems are used to attribute early half dime die varieties. The original is The United States Half Dimes by Daniel W. Valentine, published by the American Numismatic Society in 1931, which assigned the "V-" numbers still seen in older catalogs. The current standard is Federal Half Dimes 1792-1837 by Russell J. Logan and John McCloskey (1998), whose "LM-" numbers are now quoted on PCGS and NGC slabs and in major auction catalogs. Jules Reiver also published an interim identification system in 1984 based on the Valentine book.
1794 Die Marriages
The 1794 comprises just four die marriages (Valentine V-1 through V-4, with corresponding LM numbers). All are scarce, and several are genuinely rare — a complete 1794 die-variety set is a serious specialist achievement. For type purposes, every 1794 is the same desirable key date regardless of marriage.
1795 Die Marriages
The 1795 offers a larger and more accessible field of die marriages, including the famous LIKERTY (LM-8) and a number of more common LM varieties that supply most type coins. Rarity ratings range from common for the workhorse marriages to scarce or rare for a handful of die pairs known from only a few coins. The 1795 is therefore the natural hunting ground for variety collectors working with the Logan-McCloskey reference and a good loupe.
Why Variety Numbers Matter
For collectors building a simple type set, the LM number matters far less than the major distinctions — date and, on the 1795, whether the coin is the LIKERTY blunder. For specialists, attribution can mean meaningful price differences: a common 1795 marriage in Very Fine might bring a few thousand dollars, while the LIKERTY die or a rare marriage of the same date and grade could bring a substantial premium. If you are buying a high-value Flowing Hair Half Dime, request the LM attribution from the seller and confirm it against the certification holder. An LM-attributed coin in a PCGS or NGC slab is the gold standard.
The 1792 Half Disme: A Separate Story
Collectors new to the series often confuse the Flowing Hair Half Dime with the famous 1792 half disme — but they are distinct issues, and the difference matters enormously for value and identification.
What the 1792 Half Disme Is
The 1792 half disme (spelled "DISME," an archaic form of "dime") is widely regarded as the first coin struck under the authority of the United States Mint. Roughly 1,500 were produced in July 1792, reportedly before the Mint building was even finished, and tradition holds that some were struck from silver supplied by George Washington. The 1792 half disme has its own Flowing Hair-style Liberty but is a separate design, a separate date, and a separate (and far rarer) coin. Genuine examples are major rarities worth well into five and six figures even in modest grades.
How to Tell Them Apart
The simplest distinction is the date and the spelling. A coin dated 1792 with "HALF DISME" on the reverse is the 1792 issue — not part of the regular Flowing Hair Half Dime series covered by this guide. The regular Flowing Hair Half Dimes are dated 1794 or 1795, carry no denomination at all on either side, and use the small eagle reverse described above. If you believe you have a 1792 half disme, stop and seek professional authentication immediately: it is one of the most important and most counterfeited early US coins, and the upside of a genuine example is enormous.
Why the Distinction Matters
Because the 1792 half disme is a celebrated rarity, some sellers loosely describe any early half dime as a "1792-style" coin, and counterfeiters produce fakes of the 1792 specifically. Knowing that the regular series begins in 1794 — and that a circulating Flowing Hair Half Dime will be dated 1794 or 1795 with no denomination — protects you from both honest confusion and deliberate deception.
Star Count and Obverse Diagnostics
Star count on the obverse is a useful identification and authentication checkpoint on early American silver. The Flowing Hair Half Dime carries fifteen obverse stars across both dates, but the exact spacing and a few die-specific quirks vary by marriage.
Standard 8+7 Arrangement
The standard configuration is eight stars to the left of Liberty's head and seven to the right, totaling fifteen — the fifteen states in the Union when the coins were struck (the original thirteen plus Vermont and Kentucky). This 8+7 split is the rule on both the 1794 and the 1795. Tennessee was not admitted until 1796, so no Flowing Hair Half Dime shows sixteen stars; a sixteen-star half dime belongs to the later Draped Bust type, not to Flowing Hair.
Star Positions as Attribution Tools
Because the stars were punched into the dies by hand, their exact positions relative to Liberty's hair, the date, and the denticles differ from die to die. Logan-McCloskey attributions rely heavily on these star positions — for example, whether a given star points to a particular curl or denticle, and whether any star is repunched. For variety work, compare star placement carefully against the reference plates, ideally with the coin and a 5x to 10x loupe.
Star Centers and Grade
The radial lines inside each star are handy grading checkpoints. In higher grades (XF and above), many star centers show partial or full radial lines; in Fine to Very Fine, perhaps half do; in Good, the stars appear as flat outlines. As with the 1794 dollar and half dollar, differential sharpness across the stars usually reflects strike weakness from the primitive early press rather than uneven wear — so judge wear by the high points of Liberty's hair and the eagle's breast, not by the softest peripheral star.
Grading Flowing Hair Half Dimes
Grading Flowing Hair Half Dimes is among the more difficult tasks in American numismatics. The coins were struck on hand-prepared planchets with primitive equipment, so strike weakness, adjustment marks, planchet flaws, and uneven surfaces are common even on uncirculated examples. The small size compounds the difficulty: a tiny amount of wear or a single distracting mark has an outsized effect on a coin only 16.5 mm across. Distinguishing original surface from wear, and strike weakness from circulation, takes practice and good reference coins.
Key Wear Points
Wear shows first on the high points: Liberty's cheek and the high curls of her hair on the obverse; the eagle's breast and head on the reverse. Specific checkpoints:
- Liberty's cheek: The smoothest area; light friction shows here first as a loss of original surface texture.
- Liberty's hair: The high strands flowing back from the forehead lose definition early; a total absence of hair detail there indicates VG or below.
- Stars: Star centers flatten with wear.
- Eagle's breast and head: The smoothest reverse area; feather detail goes first.
- Wreath leaves: Sharp, separated leaves in high grades; merged outlines in low grades.
Grade Estimates by Detail
- AG-3 (About Good): Design outline visible; rim worn into the legend; LIBERTY partly legible.
- G-4 (Good): LIBERTY worn but readable; date clear; major design outline complete.
- VG-8 (Very Good): Some hair strands visible; eagle feathers blended.
- F-12 (Fine): Hair strands show partial separation; eagle breast shows partial feathers.
- VF-20 (Very Fine): Most hair strands clear; some eagle feathers separated.
- XF-40 (Extremely Fine): Sharp hair detail; eagle feathers mostly distinct; light high-point wear.
- AU-50 (About Uncirculated): Trace wear only on the highest points; underlying luster present in protected areas.
- MS-60+ (Mint State): No wear; original surface preserved (may show planchet flaws, adjustment marks, or strike weakness, but no rubbing).
Adjustment Marks Are Acceptable
Fine file-like adjustment marks are normal on early silver — a manufacturing artifact, not damage. PCGS and NGC straight-grade coins with adjustment marks; the marks may reduce eye appeal and lower the grade slightly but do not warrant a "details" designation. A common amateur mistake is to condemn a perfectly genuine coin as "damaged" because it shows the same file marks many early silver coins of the era carry. The same logic applies across the Mint's first decade — collectors of the Draped Bust Dime and other early types learn to read adjustment marks as history, not harm.
Strike Weakness vs Wear
Distinguishing strike weakness from circulation wear is critical, especially on the 1794. Weakly struck areas retain their original luster and surface texture — they were simply never fully impressed by the die. Worn areas show flattening and friction with a different surface character. On the 1794, peripheral weakness is common and expected; a coin showing such weakness can still grade high if luster is intact in the surrounding fields. Calling a soft-struck 1794 a lower grade because of "missing" detail is a common and costly error on early half dimes.
Authentication and Counterfeit Detection
Flowing Hair Half Dimes — especially the 1794 — are counterfeited and frequently altered. Both contemporary (period) counterfeits and modern (post-1900) fakes exist, and because genuine pieces are scarce and valuable, any candidate should be treated as suspect until authenticated by PCGS or NGC.
Contemporary Counterfeits
Period counterfeits were typically struck or cast in base metal and silvered to pass in circulation. They have their own collector following but must be identified as such. Diagnostics include wrong weight, wrong specific gravity, soft details that match no known die marriage, and incorrect or missing reeding. A Flowing Hair Half Dime that fits no Valentine or Logan-McCloskey marriage is almost always a contemporary counterfeit.
Modern Counterfeits
Modern (often Chinese-origin) counterfeits appear on auction sites, at estate sales, and on inexperienced dealer tables. Common diagnostics:
- Wrong weight (frequently off the 1.35-gram standard; on a coin this light even small errors are obvious on a good scale).
- Wrong color (too bright, too yellow, or pinkish).
- Pebbled, "soapy," or porous surface texture from cast manufacture.
- Wrong, missing, weak, or too-sharp reeding on the edge.
- Mushy or "blobby" detail that does not match Robert Scot's die work.
- Die markers (cracks, cuds, repunching) that correspond to no genuine marriage.
- Too-perfect strikes on a 1794 that should show characteristic peripheral weakness.
Altered Date Counterfeits
Because the 1794 is worth several times the 1795, some "1794" half dimes are 1795 coins with the final digit re-engraved from 5 to 4. Diagnostics include tool marks around the altered digit, a "4" whose style does not match genuine 1794s, and field disturbance near the date. Genuine 1794s also pair with the four known 1794 die marriages; an alleged 1794 whose dies do not match any genuine 1794 marriage is a fake. This is one of the most common alterations attempted on the type.
Always Submit to PCGS or NGC
For any Flowing Hair Half Dime — even a heavily worn 1795 worth only a few hundred to a few thousand dollars — certification by PCGS or NGC is essential. Raw (uncertified) examples trade at substantial discounts to certified coins, often 30-50% less, precisely because buyers must price in authentication risk. The cost of grading is small relative to the protection it provides and is effectively mandatory for any future sale at fair value.
Current Market Values and Price Guide
The following ranges are approximate retail values for problem-free, certified coins as of 2026. Auction results, die-variety attribution, eye appeal, CAC stickers, and provenance can move values significantly. The 1794 is a key-date rarity in a class of its own; the 1795 is far more affordable in circulated grades but climbs sharply in Mint State, and the LIKERTY (LM-8) blunder carries a premium throughout.
1794 Flowing Hair Half Dime
- AG-3: $700-$1,200.
- G-4: $1,200-$1,800.
- VG-8: $1,800-$2,800.
- F-12: $2,800-$4,000.
- VF-20: $4,500-$7,000.
- XF-40: $8,000-$13,000.
- AU-50: $15,000-$25,000.
- MS-60 and above: $30,000-$90,000+ (the finest known have realized well into six figures).
1795 Flowing Hair Half Dime (Common Varieties)
- AG-3: $250-$400.
- G-4: $450-$700.
- VG-8: $750-$1,100.
- F-12: $1,100-$1,700.
- VF-20: $1,800-$2,800.
- XF-40: $3,000-$4,800.
- AU-50: $5,500-$8,500.
- MS-60: $10,000-$16,000.
- MS-63 and above: $20,000-$60,000+.
Variety Premiums (1795)
- LIKERTY (LM-8): A meaningful premium over common 1795 marriages for the bold, popular "naked-eye" blunder, more in higher grades.
- Rare LM marriages: Premiums vary widely by rarity rating and demand; a genuinely rare die pair can multiply the common-variety price.
Problem Coins and Details Grades
Coins with cleaning, scratches, environmental damage, holes, bends, or repairs grade "Details" by PCGS and NGC and trade at substantial discounts to problem-free examples. A "Cleaned" XF Details 1795 might bring 50-70% of straight-graded XF money; a holed or bent 1795 perhaps 30-40%. Even a damaged genuine 1794 retains strong value because of the historical significance of the first US half dime.
Notable Specimens and Auction Records
While the Flowing Hair Half Dime lacks a single eight-figure trophy like the 1794 dollar, the series includes celebrated condition rarities and variety rarities that bring strong prices when they appear.
Finest Known 1794 Half Dimes
The handful of Mint State 1794 half dimes reside in advanced early-silver and type collections. Gem examples have realized well into six figures, with the finest coins among the most coveted early American silver of any small denomination. Because so few uncirculated 1794s exist, each appearance at auction is a significant event closely watched by specialists.
LIKERTY and Variety Rarities
The 1795 LIKERTY (LM-8) is the variety star of the type. High-grade examples bring strong premiums over common 1795 marriages, reflecting both the popularity of the bold blunder and the difficulty of finding one in superior condition. Other rare 1795 die marriages trade at strong multiples of common-variety prices when they surface, particularly in Mint State.
Ongoing Study
The early half dime series continues to reward careful study. The Logan-McCloskey reference refined and expanded the older Valentine numbering, and specialists still debate die states, emission sequences, and the exact mintage split between the 1794 and 1795 dates. For variety collectors, this open-ended scholarship is part of the appeal of the series.
Auction Resources
The Heritage Auctions and Stack's Bowers archives are the best public databases of Flowing Hair Half Dime sale prices and provenance. Many notable specimens are illustrated and described there and in the Logan-McCloskey reference, which remains the standard for die-variety attribution.
Building a Flowing Hair Half Dime Collection
Several collecting approaches are possible depending on budget and patience.
Type Set (One Coin)
The most popular approach: acquire a single Flowing Hair Half Dime to represent the type in an early-silver or half dime type set. Most collectors target a 1795 in Good to Fine, attainable for roughly $450-$1,700, as a respectable and affordable type coin. Budget collectors accept an AG or low-G 1795; advanced collectors aim for VF, XF, or better. A type-set 1795 is one of the most accessible ways to own a coin from the Mint's first years of half dime production.
Date Set (Two Coins)
A complete date set requires both a 1794 and a 1795 — total investment from roughly $1,700 (a worn 1794 plus a Good 1795) into five and six figures for high-grade examples. The 1794's key-date status is the gating factor; many collectors own a 1795 for years before adding a 1794 to complete the design.
Variety Specialist
Pursuing the Logan-McCloskey varieties is a lifetime project — the four scarce-to-rare 1794 marriages plus the larger 1795 field, anchored by the famous LIKERTY (LM-8) blunder. Specialists target one marriage at a time and trade up over decades, and the continuing refinement of the reference keeps the chase open-ended.
Comparison to Other Early Silver
Collectors who enjoy Flowing Hair Half Dimes typically branch into the Flowing Hair Dollar and Flowing Hair Half Dollar of the same two years, then follow the half dime denomination forward through the Draped Bust Half Dime (1796-1805), the long-running Capped Bust Half Dime (1829-1837), and the Seated Liberty Half Dime (1837-1873) that closed out the denomination. The Flowing Hair Half Dime sits right at the foundation of American silver coinage alongside its dollar and half dollar siblings, and it is the smallest and often the most affordable entry point into the founding 1794-1795 silver types.
Storage and Preservation
Flowing Hair Half Dimes have survived more than two centuries; preserving them for another two requires sensible storage. Every certified example should remain in its slab unless there is a compelling conservation reason to remove it.
Holders
If holding raw, use inert holders: PVC-free flips, Mylar 2x2s, or — best — PCGS or NGC slabs. Avoid any holder that smells of plastic softener. PVC contamination produces green slime that eats into the silver and is hard to remove without professional conservation. On a coin this small and valuable, even brief contact with PVC-bearing material can cause damage that is impossible to fully reverse.
Environment
Store in a cool, dry environment with stable humidity below 50%. Silica gel packs in the storage box help. Avoid storing near wood (which off-gasses acids), rubber, or sulfur-bearing materials. Sulfur is the primary cause of silver tarnish and is present in wool, rubber bands, cardboard, and many fabrics. A safe deposit box with the coin in an inert holder and silica gel is the standard for high-value early half dimes.
Handling
Hold only by the edge, ideally with clean cotton or nitrile gloves. Skin oils contain salts and acids that etch silver, and a small coin is easy to mark with a thumbprint. Never wipe a Flowing Hair Half Dime. Even gentle cleaning destroys numismatic value — a bright, cleaned surface on an early half dime is worth a fraction of an originally toned example. Original surfaces, even dark or heavily toned, are dramatically preferred to "improved" ones.
Conservation
If a coin has active PVC contamination or unsightly residue, professional conservation (NCS, the conservation arm of NGC) can remove harmful substances without leaving cleaning evidence. Never attempt home cleaning with dips, polishes, or abrasive cloths — these destroy more value in seconds than two centuries of circulation accumulated.
Frequently Asked Questions
How can I tell a Flowing Hair Half Dime from a Draped Bust Half Dime?
The portrait. Flowing Hair (1794-1795) shows Liberty with wild, untamed hair flowing freely behind, no ribbon and no drape. The Draped Bust Half Dime (1796-1797 Small Eagle, then 1800-1805 Heraldic Eagle) shows Liberty with hair arranged and tied with a ribbon and a drape across the bust. Dates also separate them cleanly: a Flowing Hair half dime is dated 1794 or 1795, while the Draped Bust half dime begins in 1796.
Is my Flowing Hair Half Dime worth anything?
Yes — every authentic Flowing Hair Half Dime is worth hundreds to thousands of dollars even in low grade. A worn 1795 in Good starts around $450; a worn 1794 starts well into four figures. The LIKERTY (LM-8) blunder and rare die marriages are worth substantially more. The first question to settle is authenticity: submit any candidate to PCGS or NGC before celebrating or selling.
Why is the 1794 so much more valuable than the 1795?
Rarity and significance. Only about 7,756 half dimes are attributed to the 1794 date versus roughly 78,660 to 1795 — roughly ten times as many. The 1794 is also the first regular US half dime, the founding coin of the circulating denomination, and that historical importance multiplies its value beyond what mintage alone would suggest.
What is the 1795 LIKERTY variety?
LIKERTY is a famous 1795 obverse blunder, catalogued as LM-8, on which the legend LIBERTY appears to read LIKERTY because the "B" was malformed in the die. It is a bold, naked-eye error that is popular with collectors and commands a premium over common 1795 marriages, especially in higher grades.
Is the Flowing Hair Half Dime the same as the 1792 half disme?
No. The 1792 half disme (spelled "DISME") is a separate, far rarer issue widely considered the first coin struck by the US Mint, with "HALF DISME" on the reverse and a 1792 date. The regular Flowing Hair Half Dimes are dated 1794 or 1795, carry no denomination on the coin, and use the small eagle reverse. A 1792-dated half disme is a major rarity worth many times an ordinary Flowing Hair Half Dime and should be authenticated by experts immediately.
Does the half dime have a lettered edge like the early dollar and half dollar?
No. The Flowing Hair Half Dime has a plain reeded (grooved) edge. Only the larger Flowing Hair silver — the half dollar and dollar — carry a lettered edge stating the denomination. A half dime with lettering on the edge is not a genuine Flowing Hair Half Dime.
Should I clean my Flowing Hair Half Dime?
Absolutely not. Cleaning destroys most of the value of any early half dime. Original surfaces, even with dark toning or haze, are far preferred to bright cleaned surfaces. If a coin has problematic contamination such as PVC residue, submit it to NCS for professional conservation — never attempt home cleaning.
Where can I sell a Flowing Hair Half Dime?
The best venues for high-value examples are the major numismatic auction houses — Heritage Auctions, Stack's Bowers Galleries, and Legend Rare Coin Auctions — all experienced with early silver and commanding strong realized prices. For lower-value 1795 coins, established early-type dealers (members of the Professional Numismatists Guild) are also a strong option. Avoid pawn shops and "we buy gold" walk-in shops, which consistently pay well below market for early type coins.
Can the Coin Identifier app help me identify a Flowing Hair Half Dime?
Yes. The app's AI can identify the design type, estimate the grade, and flag obvious counterfeits from photographs. For high-value coins like the Flowing Hair Half Dime, always confirm with PCGS or NGC certification — no app replaces physical examination by certified experts for a coin in this price range. Use the app for initial triage and education; use certified grading services for final authentication and resale preparation.
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