LAS VEGAS (AP) — A 1794 silver dollar believed to be among the first ever minted in the U.S., and the most valuable, went unsold during a public auction in Las Vegas.
Legend Auctions chief executive Matthew Bell said offers for the coin dubbed the Flowing Hair Silver Dollar didn’t reach a minimum bid and Las Vegas resident Bruce Morelan retained ownership.
Morelan sold 12 rare coins during the Thursday event at the Bellagio resort, reaping almost $4 million.
Coin collecting experts had thought the Flowing Hair coin could sell for more than the $10 million Morelan spent to buy it in 2013.
The coin features images of Lady Liberty ringed with stars on the front and an eagle on the back. A different Lady Liberty image was adopted for silver dollars beginning in 1795.
Experts say the coin is one of perhaps 300 original silver dollars that still exist