1794 S - FLOWING HAIR H10C
The 1794 Half Dime was minted just a year after President Washington’s second term inauguration and just two years after the Mint Act of 1792 issued the first coins of the newly-independent nation. Of the 7,756 half dimes minted in 1794, extremely few are found in mint state, let alone this incredible SP66 example. Comparing the figure of 1794 half dimes to the 78,660 half dimes minted in 1795 shows both the infancy of the Mint and its rate of expansion.
The United States commenced Half Dime production in 1794 with the introduction of Robert Scot's Flowing Hair series. The Mint employed this design only through 1795, which means that the Flowing Hair Half Dime is important not only as the premier series of this denomination, but also as a short-lived, two-year type. Apparently, the federal government did not break down the mintage of this series by date, instead reporting a figure of 86,416 pieces for the type as a whole. Based on extant populations, however, numismatic scholars estimate that only 7,756 of these coins were dated 1794, with the balance of the mintage comprised of 1795-dated examples.