1794 Flowing Hair silver dollars are extremely scarce. Any dollar with that date should be checked for a small word COPY or REPLICA worked into the design. If the word isn't there the coin should be authenticated by an expert appraiser or dealer.
Numismedia lists the following approximate retail values as of 04/2011:
Very worn condition - $60,630
Moderately worn - $131,250
Slightly worn - $156,250
Almost no wear - $387,500
Uncirculated - $637,500 to $956,250 depending on quality
DISCLAIMER: The retail values quoted are the best available as of the date shown, but may vary significantly due to changes in the precious metals market. Also the wholesale (buying) price of a coin will be less than the selling (retail) price. A reputable coin dealer will be able to give a more accurate valuation based on inspection of the coin.
AnswerA 1794 Dollar is worth 7,500,000The first US Dollar coin was struck in 1794
Silver Dollars were minted starting in 1794. There were no silver dollars minted in 1791
I really hate to give you the bad news but silver dollar you have, if it were in near perfect condition would be worth as much as $500,000. A 1794 flowing hair dollar is valued at over $2,000,000. The hole drilled in yours makes it almost worthless.
No US silver dollars dated 1779 first year of issue was 1794.
An 1804 silver dollar sold at auction at PRF-68 for $4,000,000. Fewer than 15 are known.UpdatesIn 2010 a 1794 flowing hair silver dollar sold for almost $8 million.
1794/5 Flowing hair silver/copper dollar. $10,000,000
1794/5 Flowing hair silver/copper dollar
The first US Dollar coin was struck in 1794
1794/5 Flowing hair silver/copper dollar U.S.
Silver Dollars were minted starting in 1794. There were no silver dollars minted in 1791
1794/5 Flowing hair silver/copper dollar
I really hate to give you the bad news but silver dollar you have, if it were in near perfect condition would be worth as much as $500,000. A 1794 flowing hair dollar is valued at over $2,000,000. The hole drilled in yours makes it almost worthless.
No US silver dollars dated 1779 first year of issue was 1794.
An 1804 silver dollar sold at auction at PRF-68 for $4,000,000. Fewer than 15 are known.UpdatesIn 2010 a 1794 flowing hair silver dollar sold for almost $8 million.
In June of 2010 the finest known 1794 Flowing Hair silver dollar that is believed by several prominent experts to be the first silver dollar ever struck by the United States Mint sold for 7,850,000.00.
The first official US silver dollar is now called the "Flowing Hair" design. It featured an image of Miss Liberty with long hair appearing to flow in the wind. The reverse showed an eagle surrounded by a wreath.
US silver dollars were first made in 1794, look at the coin again and post new question.