U.S. Mint 230th Anniversary Flowing Hair Silver Medal Sells Out in 24 Hours

Figures place the medal, which celebrates the anniversary of the first dollar coin issued by the U.S. federal government, at a combined total of 49,925.

The U.S. Mint has released the first batch of sales figures for the 230th Anniversary Flowing Hair Silver Medal, a .999 fine 1-ounce medal that was offered for $104 and sold out in just over 24 hours after its Oct. 15 launch.

According to the figures, a total of 49,925 medals were sold, which is about two-thirds of the announced 75,000 mintage. Of the total sold, 40,999 were sold individually, while 8,926 went through the Mint’s Authorized Bulk Purchase Program (ABPP).

The medal celebrates the anniversary of the first dollar coin issued by the U.S. federal government. It is available in original government packaging with a certificate of authenticity for $119.95 or in a presentation case with a certificate of authenticity hand-signed by the Honorable Ventris C. Gibson, Director of the United States Mint, for $144.95.

There is no official word yet on whether the remaining one-third of the originally announced 75,000 mintage will be available. Currently, the Mint’s product page features a "Learn More" link with the standard statement:

"We are currently out of this item, but more may be available later. If you provide your email address or cell number using the “REMIND ME” button, you will receive any back-in-stock messages we send related to this product."

Sales of the medal on the secondary market have been exceptional, especially extraordinary for the distinct 1,794 carrying a "230" privy mark and the even smaller selection that includes both the privy mark and a certificate of authenticity hand-signed by Gibson, limited to just 230.

The Flowing Hair Silver Dollar was first struck in December 1794 and was designed by Robert Scot. It was the first dollar coin issued by the U.S. federal government and was struck for just three years before being replaced by the Draped Bust Dollar in 1795.

The obverse of the 230th Anniversary Flowing Hair Silver Medal features a depiction of Miss Liberty adapted from the Flowing Hair Silver Dollar. The reverse design features an American bald eagle in flight carrying a flowing hair banner in its talons, which is also adapted from the original dollar coin design.

The medal was sculpted by Phebe Hemphill and struck at the Philadelphia Mint. It is available in .999 fine silver and measures 38.1 millimeters in diameter.

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