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The coining of both gold and silver was delayed by the inability of the U. S. Mint's assayer and coiner to post the bonds required for the handling of precious metals. This problem ultimately was solved when two wealthy advocates of the Mint posted the requisite funds on behalf of the officers. The first silver issues, aside from the brief production of half dismes in 1792, were the dollars coined in early October of 1794. Since the Philadelphia Mint's largest press was not suited for striking a coin of this size, the impressions were incomplete. This resulted in only 1,758 acceptable coins out of an estimated 2,000 struck.
Coin Feature:
- Category: Early dollors
- Mint: Philadelphia
- Mintage: 1,758
- Obverse Designer: Robert Scot
- Reverse Designer: Robert Scot
- Composition: Silver
- Fineness: 0.892
- Weight: 26.96g
- ASW: 0.7731oz
