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 »
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 »
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.
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 »
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….
They’re allowed to go and vote. That’s where they were, on your dime.
✅
Price is so out of my reach…. gave up on gold decades ago
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.
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