Prototype of First US Dollar Coins Going up for Auction

The front of a piece of copper, known as the “No Stars Flowing Hair Dollar," that was struck by the U.S. Mint in Philadelphia in 1794 and was a prototype for the fledgling nation's money, in a file photo provided by Heritage Auctions. Emily Clements/Heritage Auctions via AP

A piece of copper that was struck by the U.S. Mint in Philadelphia in 1794 and was a prototype for the fledgling nation’s money will go up for auction Friday.

Businessman and Texas Rangers co-chairman Bob Simpson owns the item, which is known as the “No Stars Flowing Hair Dollar.”