1. Rarity: The 1821 Flowing Hair Dollar is relatively scarce compared to other early US silver dollars. The mintage for that year was approximately 18,500 coins, which is low compared to subsequent issues. This scarcity contributes to its overall value.
2. Condition and Grade: The condition and grade of an 1821 Flowing Hair Dollar play a critical role in determining its worth. Coins that have been well-preserved, with minimal wear and tear, command higher prices. The grading services such as the Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC) evaluate and assign grades to coins based on various criteria like strike, surface condition, and eye appeal.
3. Numismatic Value: As one of the earliest silver dollars issued by the United States Mint, the 1821 Flowing Hair Dollar holds significant numismatic value. It is a desirable collectible among coin enthusiasts and numismatists interested in early American coinage.
4. Market Trends and Demand: The market value of 1821 Flowing Hair Dollars can vary based on overall market trends and demand from collectors. Strong demand and favorable market conditions can drive up prices, while periods of economic uncertainty or decreased interest may affect the value.
Given the various factors that influence the value of rare coins, it's advisable to consult with reputable coin dealers, auction houses, or numismatic experts to obtain an accurate appraisal of the specific 1821 Flowing Hair Dollar you have. Values may range from a few thousand dollars for lower-grade examples to tens of thousands of dollars for well-preserved, high-grade specimens.