1879 Four-Dollar Gold Stella. Flowing Hair. Judd-1635, Pollock-1832/1833. Rarity-3. Proof-62 (PCGS).
2517

1879 Four-Dollar Gold Stella. Flowing Hair. Judd-1635, Pollock-1832/1833. Rarity-3. Proof-62 (PCGS).

Currency:USD Category:Coins & Paper Money / US Coins Start Price:75,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1879 Four-Dollar Gold Stella. Flowing Hair. Judd-1635, Pollock-1832/1833. Rarity-3. Proof-62 (PCGS).

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Lot #2517. 1879 Four-Dollar Gold Stella. Flowing Hair. Judd-1635, Pollock-1832/1833. Rarity-3. Proof-62 (PCGS).




Charles Edward Barber's Flowing Hair design with a left-facing head of Liberty on the obverse. Liberty is wearing a coronet inscribed LIBERTY. The periphery bears the inscription * 6 * G * .3 * S * .7 * C * 7 * G * R * A * M * S * with the date 1879 below. On the reverse, the denominations ONE SETLLA and 400 CENTS are inscribed on a five-pointed star, the Latin word for which is stella. Immediately around the star are the mottoes E PLURIBUS UNUM and DEO EST GLORIA. The legend UNITED STATES OF AMERICA is above and another expression of the denomination, FOUR DOL., is below. Struck in gold (amost certainly a standard alloy of 90% gold, 10% copper) with a reeded edge.
After striking 15-25 examples for presentation to Congressional leaders to help them debate the merits of authorizing a coin in this denimonation, the Philadelphia Mint prepared some 500-700 additional Flowing Hair Stellas in 1880 from 1879-dated dies. These restrikes were prepared because the Stella proved extremely popular among Congressmen as keepsakes and gifts. Perhaps surprisingly, however, Congress eventually decided not to designate the Four-Dollar gold piece as a regular-issue coin.
Today, the most frequently encountered Stellas in numismatic circles are survivors of the 1879 Flowing Hair issue of 1880. We caution bidders, however, that even the relatively plentiful 1879 Flowing Hair Stella cannot be described as a "common" coin in any sense of the word. Specimens are rare at all levels of preservation, and those that appear in the market are usually quick to disapper into another tightly held collection.
With even orange-tan color and no sizeable contact marks, this coin has above-average eye appeal for the assigned grade. There are also not that many hairlines, although we do note that the original mint finish is a bit subdued. Well struck for the type, with the highpoints of Liberty's portrait and the reverse star a bit softly impressed--a virtual diagnostic of genuine examples. A definite highlight of this sale, and a coin that will certainly elicit solid bids on auction day.




 












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$200.00


$6.50




$201.00
to $300.00


$9.00




$301.00
to $1,000.00


$10.50




$1,001.00
to $2,000.00


$13.00




$2,001.00
to $3,000.00


$17.00




$3,001.00
to $5,000.00


$18.00




$5,001.00
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$23.00




$10,001.00
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$27.00




$25,001.00
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$42.00




$50,001.00
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$55.00




$75,001.00
to $100,000.00


$70.00




$100,001.00
to $250,000.00


$100.00




$250,001.00
to $500,000.00


$175.00




$500,001.00
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$250.00




$750,001.00
to $99,999,999.00


$400.00





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Bowers and Merena Auctions was founded in 1983 and has grown to become the world's
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