The 1793 Flowing Hair Large Cent is one of the most iconic coins in American numismatic history. This coin, with its beautiful design and significant historical context, holds a special place in the hearts of collectors. Minted during the early years of the United States, the Flowing Hair Large Cent represents the nation’s first attempt at creating its own currency. In this article, we’ll explore the fascinating history behind this coin, the meaning of the “AMERI” in the legend, its features, and why it remains so valuable to collectors.
The Birth of the Flowing Hair Cent
In 1793, the United States government began producing its own currency, and the Flowing Hair Cent was among the first coins to be struck. The coin’s name comes from the depiction of Lady Liberty, whose hair flows freely, symbolizing the country’s freedom and youthful energy. This was a new beginning for American coinage, as prior to this, the nation relied on foreign coins and its own paper money.
The Flowing Hair design was created by Robert Scot, the first Chief Engraver of the U.S. Mint. The reverse side of the coin features a wreath, symbolizing unity and strength, which surrounds the inscription “UNITED STATES OF AMERICA.”
The Meaning of “AMERI” in the Legend
One of the key features of the 1793 Flowing Hair Large Cent is the word “AMERI” in the legend on the reverse side of the coin. This inscription appears as part of the full phrase “UNITED STATES OF AMERI,” which was meant to be completed with the word “CA.”
However, during the minting process, some of the coins were struck with the incomplete legend, reading just “AMERI.” This error became part of the coin’s allure and value, as it provides a fascinating glimpse into the early stages of the United States Mint’s operations. The “AMERI” coins are extremely rare and highly sought after by collectors due to this error, making them a coveted piece of history.
Design and Features of the Coin
Obverse Side:
On the obverse (front) of the coin, we see Lady Liberty, facing right, with her flowing hair and a cap on her head. Surrounding her image is the inscription “LIBERTY,” which represents the ideals of freedom that the United States was founded upon.
The date “1793” is also visible below Liberty’s portrait, marking the year the coin was minted. The flowing hair was designed to symbolize the nation’s budding potential and the freedom of its people.
Reverse Side:
The reverse side of the coin features a wreath surrounding the words “UNITED STATES OF AMERI.” The wreath symbolizes the unity of the states and the strength of the young nation. The incomplete “AMERI” legend makes the coin even more intriguing for collectors.
Why is the 1793 Flowing Hair Large Cent Valuable?
The value of the 1793 Flowing Hair Large Cent comes from a combination of its rarity, historical significance, and unique design. Only a small number of these coins were ever produced, and fewer still have survived in good condition.
The incomplete legend, “AMERI,” adds to its appeal, as the mistake is rare and indicates the minting errors that were common in the early years of coin production. Coins with this error are among the most sought-after in American numismatics, with some fetching prices well into the millions of dollars at auction.
Table of Key Features
| Feature | Details |
|---|---|
| Year of Minting | 1793 |
| Designer | Robert Scot |
| Obverse Design | Lady Liberty with flowing hair |
| Reverse Design | Wreath with incomplete “AMERI” legend |
| Material | Copper |
| Diameter | 29-30 mm |
| Weight | 13.48 grams |
| Minting Location | Philadelphia, Pennsylvania |
| Rarity | Extremely rare, with fewer than 100 known to exist |
How Rare Are 1793 Flowing Hair Large Cents?
The rarity of the 1793 Flowing Hair Large Cent can be attributed to several factors. Firstly, it was produced in limited numbers, as the U.S. Mint was still in its infancy. Secondly, due to the limited technology and poor minting processes, many coins were damaged or melted down before they could be circulated. As a result, there are very few of these coins still in existence, making them extremely valuable to collectors and numismatists.
Collecting the 1793 Flowing Hair Large Cent
For collectors, owning a 1793 Flowing Hair Large Cent is considered a major accomplishment. The rarity and historical significance of the coin make it one of the most prized possessions in any collection. Whether you are a seasoned numismatist or just starting to explore coin collecting, this coin represents a key piece of American history.
Conclusion
The 1793 Flowing Hair Large Cent is a beautiful and rare coin that tells the story of America’s early days. The incomplete “AMERI” legend makes it even more special, adding to its historical value and appeal. For collectors, it is a reminder of the challenges the United States faced as it established its minting system and began to create its own currency. With its rich history and rarity, the 1793 Flowing Hair Large Cent continues to captivate collectors and remains one of the most desirable coins in the world.
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FAQs
1. What is the significance of the 1793 Flowing Hair Large Cent?
The 1793 Flowing Hair Large Cent is one of the first coins minted by the United States and is significant because it represents the nation’s early efforts to establish its own currency. It is also known for the rare “AMERI” error in its legend.
2. Why is the “AMERI” error important?
The incomplete “AMERI” legend is a minting mistake that occurred when the U.S. Mint struck the coin. The error makes the coin extremely rare and highly valuable to collectors.
3. How many 1793 Flowing Hair Large Cents exist today?
There are only a few dozen 1793 Flowing Hair Large Cents known to exist today, making it a very rare and highly sought-after coin.
4. How much is the 1793 Flowing Hair Large Cent worth?
The value of a 1793 Flowing Hair Large Cent can vary depending on its condition and rarity. Some have sold for millions of dollars at auction.
5. Who designed the 1793 Flowing Hair Large Cent?
The coin was designed by Robert Scot, the first Chief Engraver of the U.S. Mint.