The phrase references a specific numismatic item: the first dollar coin issued by the United States federal government. Its availability on the market implies a transaction where a seller offers this coin to potential buyers. The year of mintage, 1794, makes this particular dollar a highly sought-after collectible due to its historical significance and rarity.
The value associated with possessing one stems from its place in American history, its intrinsic silver content, and its limited production numbers. Consequently, it represents more than mere currency; it functions as a tangible piece of the nation’s past. The coins historical context, coupled with the low surviving population, contributes significantly to its status among collectors and investors alike.
