A total of four die combinations have been identified for the 1794 Flowing Hair Half Dime. The rarest of these is the variety identified as Valentine-1 and Logan-McCloskey-1. The other three varieties range from relatively scarce to rare.
Luckily enough for collectors of high grade coins, a few uncirculated examples of the coin have survived including, incredibly, a few gems. On the whole, this is an issue which is mostly found in circulated grades, and rare in uncirculated grades.
Type set collectors determined to buy an uncirculated example, most of the time will settle for the 1795 half dime, as it is somewhat easier to acquire. Yet when found, the 1794 half dime is a prized rarity as one of the first coins to be struck by the United States Mint.
A single coin of this date has been certified as a specimen striking, and easily is the finest known of both the date and type. Additionally, a single copper impression (Judd-14/Pollock-18) is known to exist, struck from unfinished dies most likely some time in late 1794.