In celebration of the 230th anniversary of the first U.S. silver dollar, the U.S. Mint has released a meticulously crafted 2024 Flowing Hair Silver Medal. This limited-edition collectible pays homage to one of the nation’s earliest coinage designs, first minted in 1794, and has already become a prized item among numismatists.

With an exclusive mintage, special anniversary markings, and perfect CACG MS-70 certification, the medal has attracted considerable interest for both its historical value and investment potential.

A Reverent Nod to America’s Coinage Origins

The 2024 Flowing Hair Silver Medal revives Robert Scot’s iconic Liberty design that appeared on the first official U.S. silver dollar issued by the Mint in 1794. The obverse of the medal features the flowing hair depiction of Liberty facing right with the inscription “LIBERTY” and the year “2024.” On the reverse is a bold heraldic eagle—mirroring the original artwork that symbolized the nation’s emergence on the world stage.

The design stands as a tribute to the craftsmanship and ideals of the Founding Fathers, capturing the spirit of a young republic asserting its identity through its currency.

Specifications and Metal Composition

Each 2024 Flowing Hair Silver Medal is struck in one troy ounce of .999 fine silver and has a diameter of 40.6 mm. The edge is reeded, replicating historical minting techniques. These medals are not legal tender but are intended solely as collector’s items issued under the Mint’s modern commemorative medal program.

A Special “230” Anniversary Privy Mark

Adding to its allure, a portion of the mintage includes a “230” privy mark—commemorating the 230th anniversary of the 1794 silver dollar. Only 1,794 pieces were produced with this special mark, echoing the original year and providing a symbolic link to the past.

This rare feature distinguishes the medal from other modern commemoratives and significantly enhances its collector appeal

Graded to Perfection: CACG MS-70

Each medal is certified by CAC Grading (Certified Acceptance Corporation Grading) and received a perfect MS-70 grade. This rating signifies a flawless strike with no visible imperfections even under magnification.

Collectors prize MS-70 specimens for their pristine condition and high resale value, and CACG certification is increasingly recognized as a gold standard among numismatic professionals.

Visit CAC Grading’s official site for more information on grading standards and methodology.

Packaging and Authenticity

Some high-grade medals come with a certificate of authenticity signed by U.S. Mint Director Ventris C. Gibson, further enhancing their credibility and desirability. Packaging varies, with many MS-70 graded medals offered in tamper-evident slabs with clear labeling and barcoding.

Several versions, including “First Delivery” and “Advanced Release” labels, have also been released, appealing to both investors and historical collectors alike.

Market Trends and Collector Demand

The 2024 Flowing Hair Silver Medal with the “230” privy mark and MS-70 CACG certification is already commanding premiums on secondary markets such as eBay and GreatCollections.

Prices vary based on edition, label, and packaging but typically range from $150 to over $300 for MS-70 specimens. Given the limited mintage and high grade, many experts anticipate future value appreciation, especially among collectors of early American coinage commemoratives.

Final Thoughts

The 2024 Flowing Hair Silver Medal represents more than just silver content—it is a striking tribute to the foundational years of U.S. coinage. With limited production, historical resonance, and flawless grading, it is positioned to become a standout collectible for years to come.

Those interested in acquiring one should act promptly, as demand continues to rise with availability dwindling fast.

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