The first United States dollar coin was minted in 1794 . It was known as the Flowing Hair dollar.
It featured a bust of Liberty on the obverse (front) and an eagle surrounded by a wreath on the reverse (back), designed by Robert Scot. The Coinage Act of 1792 authorized the creation of the United States Mint and established the dollar as the country’s standard monetary unit, but actual minting of silver dollars didn’t commence until 1794.
What is the oldest 1 dollar coin?
From my experience, The Flowing Hair dollar was the first dollar coin issued by the United States federal government. The coin was minted in 1794 and 1795; its size and weight were based on the Spanish dollar, which was popular in trade throughout the Americas.
Why is the 1984 $1 coin rare?
I can help with that. The rare 1984 $1 coin was struck on a 10-cent blank in error, instead of a $1 blank, meaning the coin is silver rather than gold.