The United States Mint Unveils Images of the 2024-W Proof Flowing Hair Gold Coin
- Barbara StreisandOriginal
- 2024-11-07 06:34:21735browse
The coin debuts one month after the release of the 2024 Flowing Hair Silver Medal, which proved very popular, lasting just over 24 hours before going off sale.
The United States Mint has unveiled several images of the upcoming 2024-W Proof Flowing Hair Gold Coin, ahead of its scheduled release on Nov. 14 at noon ET.
The coin will debut nearly a month after the release of the 2024 Flowing Hair Silver Medal, which proved to be highly popular, lasting just over 24 hours before going off sale.
Both the coin and medal pay homage to the 230th anniversary of the first dollar coin issued by the U.S. federal government, sharing the design of that 1794 dollar created by Robert Scot.
The obverse (heads) recreates the original first dollar’s right-facing Liberty profile, encircled by 15 stars symbolizing the states that had ratified the Constitution by 1794. The design preserves the "LIBERTY" inscription and updates the date to "2024." The edge bears the denomination as "HUNDRED CENTS ONE DOLLAR OR UNIT," incused along its rim.
The reverse (tails) design remains true to the 1794 original, featuring a laurel wreath encircling an eagle with spread wings, an early precursor to the American heraldic eagle. The inscription reads "UNITED STATES OF AMERICA."
No privy mark option is specified for the gold coin, whereas 1,794 pieces of the silver medal featured a special "230." The gold coin offers other advantages. Struck at the U.S. Mint’s West Point facility in high relief from 1 troy ounce of .9999 fine 24K gold, it includes an incused edge — an element absent from the medal. Many collectors also favor its proof finish, with mirror-like backgrounds and frosted details that create a striking cameo effect, in contrast to the medal’s uncirculated finish. Additionally, as legal tender, coins tend to enjoy broader appeal than medals. Its officially stated mintage is also limited to only 17,500 pieces, compared to the medal’s 75,000.
The coin’s disadvantage is its price, which has yet to be determined and will be set according to an average weekly gold price and the Mint’s precious metals coin pricing matrix. The 1-ounce silver medal was $104. In contrast, if the coin were released today, its price would be $3,740, based on an average gold price in the range of $2,700.00 to $2,749.99 per ounce.
More images and detailed information about the coin are available on the Mint’s dedicated page to the piece.
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