The United States Mint has just published several images of the 2024-W Proof Flowing Hair Gold Coin ahead of its scheduled release on Nov. 14 at noon ET. The coin debuts one month after the release of the 2024 Flowing Hair Silver Medal, which proved very popular, lasting just over 24 hours before going off sale.
Both the coin and medal pay homage to the 230th anniversary of the first dollar coin issued by the U.S. federal government, sharing the design of that 1794 dollar created by Robert Scot.
The obverse (heads) recreates the original first dollar’s right-facing Liberty profile, encircled by 15 stars symbolizing the states that had ratified the Constitution by 1794. The design preserves the "LIBERTY" inscription and updates the date to "2024." The edge bears the denomination as "HUNDRED CENTS ONE DOLLAR OR UNIT," incused along its rim.
The reverse (tails) design remains true to the 1794 original, featuring a laurel wreath encircling an eagle with spread wings, an early precursor to the American heraldic eagle. The inscription reads "UNITED STATES OF AMERICA."
Produce and Release Information
No privy mark option is specified for the gold coin, whereas 1,794 pieces of the silver medal featured a special "230." The gold coin offers other advantages. Struck at the U.S. Mint’s West Point facility in high relief from 1 troy ounce of .9999 fine 24K gold, it includes an incused edge — an element absent from the medal. Many collectors also favor its proof finish, with mirror-like backgrounds and frosted details that create a striking cameo effect, in contrast to the medal’s uncirculated finish. Additionally, as legal tender, coins tend to enjoy broader appeal than medals. Its officially stated mintage is also limited to only 17,500 pieces, compared to the medal’s 75,000.
The coin’s disadvantage is its price, which has yet to be determined and will be set according to an average weekly gold price and the Mint’s precious metals coin pricing matrix. The 1-ounce silver medal was $104. In contrast, if the coin were released today, its price would be $3,740, based on an average gold price in the range of $2,700.00 to $2,749.99 per ounce.
More images and detailed information about the coin are available on the Mint’s dedicated page to the piece.
No privy mark option specified. Possible price of $3,740 per coin. Household limit of 1 coin. How many minutes before it sells out?
Antonio, I don’t think it’ll take but minutes for this to be SOLD OUT! We are going to need some Good Luck to even be able to order one! I can’t wait to get my hot little hands on one of these! I have already purchased three (3) of these on Pre Sales on Ebay!! I’m going to attempt to get another one on the release date from the Mint! I’m guessing there will be others that will want more than one of these! I’m hoping these take off in value similarity to the 2021 Cowboy coin from the Gold… Read more »
AKBob, do you have any suggestion on how early before the 12 noon ET release time a customer should sign in and enter the “waiting room” in order to maximize their chances of successfully ordering one of these beauties, especially in light of the high-traffic demand anticipated for this coin and the recent redesign of the Mint’s website. Any advice you may have and want to share would be greatly appreciated.
Rich, I wish I knew the secret, if there is one, to get out of the Waiting Room fast!! If I knew it tho, I’m not sure I’d disclose it here or not, as much as I’d like to say I would, I don’t really know what I’d do! Who knows how many folks read this site and are going to (attempt) to order one. I would say get on the mints website early. That’s the best advice I could give as I really don’t know the “secret”! Now if there’s anyone on here that knows the “secret” please share… Read more »
AKBob, My concern with timing when to best initially enter the waiting room in this case relates to the stipulated 10 minute period you have to complete your order once admitted into the site. Could you potentially cue your place in the waiting room too early prior to release time (12 noon) and then be admitted into the site more than 8-10 minutes before the release time and your 10 minute time allotment expires before you can place the order, or does everyone, in priority order, in the waiting room only begin to enter the site at the noon launch… Read more »
I thought you couldn’t enter the waiting room until high noon but maybe I’m wrong about that.
I, too, had a bad experience with the 2019 Enhanced. Sold out with the Mint. Bought it on Ebay. Seller pulled out. Later bought it from another seller at a much higher price. I almost threw in the towel with the Mint after that but they got better.
REB, Rich and AKBob,
I will admit to being the odd man out here. If I can’t get a coin from the Mint and pay their list price I won’t buy the coin at all
That being said, I wish you all the best of luck with this upcoming auction and/or getting one of the FHG’s from the Mint.
Antonio,
Even without any added incentives a quick sell-out? God bless discretionary funds.
17,500 is still a lot of coin. Unless they do a silver medal arrangement where they only sell half, I am not sure this will have legs. Over time, dealers will only pay slightly more for this over other bullion as they did with the reverse proof AGE. Those were limited to 10k I believe. Lastly, I don’t really see high relief in the pictures. Assume it is more pronounced when in hand.
I looked at bullion exchange and they have a 70 flag label for $5,500. Same price they had the silver flowing hair medal with privy.
ECG, I’m wondering “if” you’ve looked at exactly how much the Gold American Liberty Series coins are going for now? The 2015 & 2017 haven’t had as good an upside as the others, even tho those are selling for a premium but that’s only because of the designs on them, JMHO. All buyers of those two years have almost doubled their investment. If you look at the rest of them, they have ALL had very nice legs! The 2024 actually for me, has the best design of ALL previous Gold releases so I think (JMHO) the FHG will have more… Read more »
AKBob, I simply don’t get all the hype over this modern Au coin. I like the classic design and would buy one for that reason alone if the mints premium fell in the realm of sanity and reason. It is a great looking coin, but I just don’t like handing a lot of money over to any government agency as a fee. Never had, never will. I’ll let all the fomo hype die down and see where they are in a couple years. Who knows, maybe Elon will look into the mint and suggest some cost savings there which could… Read more »
Elon? God I hope you were only joking.
Now I’m confused. I was already beginning to believe that Elon is God.
Kaiser,
Lol…you may be right. He made an additional $20 Billion on Wednesday, kind of makes your head spin! Are you going to vie for one of those Privy marked Au FH coins which the mint will graciously auction off in December? I might get in on that action.
Craig,
My IRA lost a couple grand recently. You think some of that went into Elon “Hi Ho, We’re Off To Mars” Musk’s $20 billion?
Kaiser, Elon’s net worth soared to over $300 Billion this week, from Tesla’s stock price meteoric rise this week. So he was up, on paper, around $60 Billion for the week. I really don’t think a couple thousand makes any difference to a figure like that. Lol. I hope your IRA bounced back this week as most folks with money in the markets did very well. I’m thinking about bidding on one of those privy FH’s as a result of those gains. However, if they go for insane prices, I’ll just watch the action. You stated in an earlier post… Read more »
Apparently half the country believes that also. And they aren’t even being sacastic. Funny how that half of the country won’t buy one of his cars though.
I believe they would if and when there are enough charging stations that don’t make you wait for an hour or so to charge a battery. Also, who the hell wants to park a monstorous lithium battery in their garage with the prospect of it exploding? Good luck putting it out if it does. No, since I live in the lovely suburbs, I’ll stick with my 4Runner and corvette…both run on reliable fossil fuels (and neither have ever caught fire in my spacious garage). I do think electric vehicles have a place in congested urban areas. BTW, I recently saw… Read more »
Craig,
I saw one of those tin plate looking Judge Dredd-type contraptions the other day. It’s like being on a sci-fi movie set.
I can’t wait until the Pentagon, CIA, FBI and USPS is ordered to buy them for their fleets. Pretty sure on that day alot of early retirements will be tendered.
Christo,
Will they still worship Grimes’s baby daddy (three times over) when the “hardship” he’s been advocating makes itself felt?
Rich men rarely take responsibility for some of their kids so who knows. I do feel sorry for all of the silver stackers who thought Elon was good for their favorite candidate however since Elon has billions of reasons to crush the price of silver. Pretty funny if you think about it.
I don’t want to disparage the gold flowing hair coin as I would like one. Not sure I want that or buy a beautiful pre 33 gold coin. Looking long term as I remember a dealer telling me the early 19th century commemorative half dollars were very hot at one time and collector herd/hoard moved on to the next shiny object and prices collapsed. With gold eventually going up over the years, one will make their money back. It’s just how long that horizon is. Based on recent gold movement, I would guess 5 years.
East Coast Guru,
Just a thought, but if inflation takes off again the dollars that one gets for selling gold won’t go as far so the “hedge” won’t be all that advantageous.
ECG – I am in your camp.., I question if the FHG will have legs, 17,500 is a lot.., if all struck 10,000 would have been perfect; 12,500 meets collector demand (IMO) 15,000 was my max Mintage ‘grey zone’ to provide premium downside protection, meaning that on the secondary market, the FHG value would still hold some, if not most, of the mint’s premium, 17,500 – of a $3,700 coin, is a lot of coins.., again IMO, if all struck, this thing could linger for a while, and may not offer premium downside protection.., or I could be left holding… Read more »
“or I could be left holding an empty bag on the 14th”
I hope I’m not with you in the waiting room holding the same bag.
REB and Keep Calm & Stack On,
The empty bag waiting for the coin won’t be quite as vital as the full bag of cold hard cash you will need to purchase that fancy gold ducat with.
Yeah, 17.5k at one per order is pretty generous. The much-hyped L&B sold 1/3 of that. It might sell out but I think it might take a few days. But, FOMO can be a strong motivational tool.
REB,
FOMO seems to have become the number one motivational factor in coin buying.
East Coast Guru,
$5,500? The profit on that is in addition to the Mint’s already steep premium. Holy cow!
So much for sales data being posted weekly on Tuesdays by 5 pm EST?
Maybe they’re too busy counting Returns, lol!
Exactly, they are!
Or trying to figure out their own new and improved website, and pecking around trying to find where to upload the sales data….
lol.
They’re allowed to go and vote. That’s where they were, on your dime.
✅
AKBob, Antonio and CaliSkier,
Look at it this way, fellow coinquistadors. Every hour they stay out of the Mint is that much less time to cause trouble.
Price is so out of my reach…. gave up on gold decades ago
Domenic Vaiasicca,
The up side of that is you don’t have to go through gold withdrawal now; you’re long “clean”.
I think I have a better chance getting a date with Christie Brinkley then getting this coin. I would love to have this coin and my chances are about 1% I feel like Rodney Dangerfield .No respect.
I recently watched an old episode of The Tonight Show and Carson had Rodney on. Why don’t we have comics like that anymore, you know, who are actually funny. With 17,500 pressed, I think you will have success in procuring one from the mint. I’m not very optimistic about the 230 privy FH’s the mint will be auctioning in December.
FHG Pricing (based off of previous weekly London Fix average) –
AM / PM Fix
11/6 – $2,726.2 / $2.660.20
11/7 – /
11/8 – /
11/11 – /
11/12 – /
11/13 – /
11/14 – Game Day
Running average = $2,693.2
Grid range (Avg to-date): $2,650 – $2,699.99
Forecasted Price: $3,690*
”based off of weekly running average
Just today, I heard and agree with a trader saying gold was going to drop for awhile with the anticipation of the new administration. It probably will be down from its high for several months unless a black swan shows up with war, terrorist strike etc. I am on the fence for this flowing hair. It’s going to be a beautiful coin. Good thing there is time to think it over.
But if the dealer price doubles then buying it from the Mint is a prudent idea. That’s the way I thought with the FH silver medal. I’ve been proven correct. I could only afford one, so that’s all I aimed for. As with all investments, there is some level of risk.
East Coast Guru,
Given the choice, I would much rather see gold tank than have a war on our hands, witness another act of terrorism or have to contend with a failing economy.
It’s a beauty, but I’m not paying $1000 premium. I used to buy all their gold proof, but nothing since they triples (or quadrupled?) the premiums. I also hope Elon reviews their practices.
What about now(look carefully), and what if they only strike 230 of these?
Click & finger zoom the image……
Nice photo shop trick there. Put me down for one.
ECG,
That privy image came directly from the USM when they posted it yesterday for a few minutes.
It’s rumored that these may be auctioned off by the USM putting windfall profits into their pockets instead of you, me, or flippers…
Smart move for the USM in doing this(if rumors materialize that is)..
Rick,
I doubt it will do anything to deter the flippers. They will just factor in the Mint’s profit and go about their merry double-pricing way.
Good work Rick gotta Stella or ‘13 Liberty in stock. I’m still on th fence on 5he FHAu… it looks marvelous. But I did just drop $ on CC $20. Pre 33 has some decent deals re: current spot and gold contact. Will FHLady lib throw the Bronco for a loop. Stay tuned….the yellow metal didn’t like the orange winner it seems…..
Pre 33 CC is the safe bet and congrats on those buys, you can’t lose on those! The legs go forever..
I want a FHG and I’ll give the waiting room a shot I think. It’s soo marvelous!..
The yellow metal is color blind.
TDS sees RED.
Thanks Rick seems like the $20 CCs aren’t too bad compared w $3,700+ for FHG. Another K get a Au CC….may try for the set a $5 completes a 3 coin CC Au set….kinda. . They posted some actual pix the FHG it looks unreal I may try to thro some $ at it. The shots above look like a doubled profile
I think Gold Stackers will be just fine with the “orange winner” over the long term. Not so much Silver Stackers since he doesn’t seem to like green energy much and loves those petroleum pumpers.
Beautiful strike. $25k to $30k. Give it a few decades to reach it’s full potential.
Antonio,
Sheesh. I haven’t got “a few decades” unless I live as long as Methuselah!
Reb in a previous thread said: “What? Did I miss something? There’s a privy mark? I didn’t see any mention of it on the description of the product on the Mint’s site.” Kia99 in a previous thread said: “The description explicitly says “No Privy.” Two pictures show a privy , the others do not!” Gentleman, do keep in mind we are talking about the US Mint, LOL! You might recall, that with the 2024 Flowing Hair Silver Medal, the item listing is still sending, mixed signals. In the medals specifications, they list Privy Mark as none. Yet in the description,… Read more »
Speaking the Flowing Hair gold, the mints pictures appear to show the lettering on the edge that is raised vs incuse. If so, the only other raised edge lettering I can think the mint has made before is the 2009 high relief gold Eagle and a $20 gold Eagle. I would need to double check.
You’re right. The mock up appears to be raised but the Description describes the lettering as being incused. Anyone happen to have a 1794 dollar to see how the edge lettering is? 😀
Are the pictures on the site the actual coin or “an artist’s rendering”? I wonder if they just took the renderings from the silver medal, colorized them, and added the edge lettering. We shall see. The Mint has certainly got us talking about the coin and the real or phantom privy mark.
I don’t want to open my roll Antonio….
ECG, Antonio, Reb, I agree there is an appearance of raised lettering, however with the smooth vs reeded edge, I do believe these will be as they say, and be incused vs raised lettering. However, nothing surprises me any longer when it comes to our US Mint. They very well could have issues with knowing the difference between “incused” and “raised letterisng”, as was stated and used on the 2009 UHR St Gaudens $20? Guess we’ll know soon enough.
Well, straight from the horses mouth…
As a tribute to the number of years that have elapsed since the Flowing Hair dollar coin was introduced, the Mint will also auction 230 one ounce, high relief, 24-karat gold coins with a “230” privy mark on December 12, 2024. The first coin will be auctioned with the die in a custom-made display box. Each of the coins will be accompanied by a certificate of authenticity hand-signed by the Honorable Ventris C. Gibson, Director of the United States Mint. Additional details about this special auction will be released at a later date.
Yep. I got the same email. AK was RIGHT!
230 is insane. Why not 2300 with 230 signed COAs? What will the minimum bid be? $230,000? Looks like I may end up with a hole in my precious metals proof collection.
As I think about this auction of 230 privy’s, I wonder if the only people making money on this issue is the mint and big money players who flip these coins ASAP. The rest of us schlubs get the regular issue which is still a nice coin. The mint will make an extra $17.5m on the high premium of these coins, plus the bigger additional $11m assuming $50k per coin on average on the auction. $50k I pulled out the air thinking about what some of those last and first ASE’s went for. Maybe I over estimated. Still, I wonder… Read more »
ECG, if this coin is like the past special gold issues, Gold American Liberty Series and the Lib/Brit then you won’t be purchasing it for less a few years down the road! Everyone of them has almost minimally doubled in value. Something to think about and if there’s going to be one that’s going to go down in value, I personally do NOT think it’ll be this one but time will tell! The old saying, “you snooze, you lose”. Just some food for thot! Remember too, ECG, you can order it and you have 7 days to return it! Just… Read more »
Get ’em while the gridle is hot.
REB, I’m not happy about the mintage of this at 17,500! I would have rather seen it at 10K, 12,500 would be fine too but over 15,000 I am not happy! It is a large mintage of this coin I have to agree with others that have stated that. I just got this feeling that for this coin, 17,500 may NOT end up being enough and that would make me very happy! Look at the 2006 Reverse Proof Gold Eagle, I think there’s over 100K of those and it’s an extremely desirable gold coin to this date although I’ll admit… Read more »
“I’m not happy about the mintage of this at 17,500!”
How about 230?
AKBob, the mintage limit was 10,000 for the 2006-W $50 Reverse Proof Gold Eagle – 20th Anniversary, with final mintage = 9,996. I fully agree with your prediction that the 2024 230th Anniversary Flowing Hair High Relief Gold Coin will be a “huge Winner with lots of legs and upside!”
Rich,
I stand corrected. Thanks for correcting me!! I think I may have been thinking of the 2009 $20 UHR Gold Eagle. It, with that mintage has pretty much gone up in value with the Gold spot price in recent years. No “real” legs but it’s one of the most beautiful Gold coins ever. I have one example of it.
Well, as always, Good Luck ALL!!!
ECG, besides the 2009 Ultra High Relief Double Eagle Gold Coin which featured in raised lettering on the edge of the coin the inscription “E PLURIBUS UNUM” (with each letter separated by a star), the 2017 American Liberty 225th Anniversary Gold Coin was also minted in high–relief, with raised edge lettering. As stated by the Mint, on the 230th Anniversary Flowing Hair High Relief Gold Coin, the denomination is incused on the edge as “HUNDRED CENTS ONE DOLLAR OR UNIT.”
Ventris has her little auction, 230 privy marked FHG, lot 1 with a cancelled die. Ay chee waa waa what $100,000 for lot 1. Ricky rich territory
Metals are starting to come back up! I think there was some selling (profit taking) going on after the election is all! It looks like gold and silver still has a ways to go up still. It’s a double edged sword, if it goes up, our holdings go up but so do the prices when buying! I’d rather see silver and gold continue going up tho.
Since I hold a lot of both, so do I. I’m wondering what the minimum bids will be on those 230 privy FH’s ,forgetting about the first 5-10 coins which will go to guys like Elon, Jeff, and maybe Magic Mike. I’m thinking $20-$25K.
Craig and AKBob,
You’ve both put your finger on the zero sum problem that precious metal ownership and for that matter non-ownership brings with it. The better off those who possess gold and silver are at any given time, the worse off will be those who don’t have either since it is when the economy tanks that precious metal values rise the most. Somebody has to be the loser.
Any of you boys throwing down on Privy?
ROFL LMAO…, USM is pimping out the hottest next new shiny object?
Oh my.., I’m USM Done Dot Com
Any guesstimates on what #1 tap out for?
Unfortunately I am not in the top 1% club. Besides, the billionaire class will buy them all up and use them for poker chips at the next card night tentatively scheduled to be played at their new meeting place in Florida. I’ve heard its going to be a weekly scheduled game down there until it’s moved to DC in January.
Good one, Christo. I tried to book a table at Chez Orange but no luck. Shucks.
I’m from a Blue State so i doubt they will take my call either once they see the area code.
FYSA – As a tribute to the number of years that have elapsed since the Flowing Hair dollar coin was introduced, the Mint will also auction 230 one ounce, high relief, 24-karat gold coins with a “230” privy mark on December 12, 2024. The first coin will be auctioned with the die in a custom-made display box. Each of the coins will be accompanied by a certificate of authenticity hand-signed by the Honorable Ventris C. Gibson, Director of the United States Mint. Additional details about this special auction will be released at a later date.
Smells Like Teen Spirit.
230 provy, pig in a poke, I smell V75 itis
Aw, c’mon guys. Ventris is just locking up her job through the next four years.
FHG Pricing (based off of previous weekly London Fix average, Thurs thru Weds) –
AM / PM Fix
11/7 – $2,667.05 / $2,692.0
11/8 – /
11/11 – /
11/12 – /
11/13 – /
11/14 – Game Day
Running average = $2,679.53
Grid range (Avg to-date): $2,650 – $2,699.99
Forecasted Price: $3,690*
*based off of weekly running average
The discrepancy between the FHG’s intrinsic value and its $1.00 value as legal tender definitely puts the 5 oz. Silver ATB’s vs. 25 Cents face value difference to shame
Since we won’t need silver for electric car batteries and solar panels soon actually getting .25 cents for the ATB five ouncers will be a steal.
EV’s will gradually increase in sales year over year as there is a place for them here and abroad. Also, in case you haven’t heard about the AI revolution, Ag is used in AI computer chips. My bet is Jensen Huang is buying all the Ag he can get his hands on for his Blackwell chips! Let me know when Ag spot plummets to .05c/oz. and maybe I’ll sell you a few. It’s currently over $31/oz, so there’s still a ways to go!
Craig and Christo,
I have almost no Au to speak of but oodles of Ag so I have to go with leaning toward Craig’s prognostication here or I’ll end up a ruined man.
Kaiser,
No one wants to see you as a ruined man, my friend! I don’t know where Au and Ag spot are going, but I certainly don’t see any crash. BTW, I’m making my1st purchase from the mint this year with the RP M/P dollar set. I know they’re overpriced and over pressed, but what the hell, I like RP’s!
Just remember that Elon has a billion reasons to crush the price of silver so it will be interesting to watch this play out as I’m not sure how much the Jenson Huang people donated to the presidential election.
FHG Pricing (based off of previous weekly London Fix average, Thurs thru Weds) – AM / PM Fix 11/7 – $2,667.05 / $2,692.0 11/8 – $2,685.20 / $2,691.15 11/11 – $2,670.55 / $2,624.75 11/12 – $2,590.75 / $2,606.85 11/13 – estimated $2,616 / $2,606 11/14 – Show Time Running average = $2,645.04 Grid range (Avg to-date): $2,600 – $2,649.99 Forecasted Price: $3,640* *based off of weekly running average Calling it early.., looks like buyers of the FHG just squeaked by (by my calculations) of $5 in the weekly London Fix average to get just under the $2,650 pricing range grid.., AND… Read more »
Great job projecting the price of the FHG at $3,640 for tomorrow’s release, KCSO, as verified on the Mint product page a few hours ago. Dropping two grid price ranges for a $100 price reduction is no small feat and is encouraging for all prospective buyers.
$3640 for the common Au FH coin. a $1050 prime over spot. No big surprise here!
This will be one of the few collector coins minted in a while where it’s value will not be pegged to the price of gold. But still, with gold down 9% in 2 weeks, will that give folks pause to purchase? I’m gonna say no.