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1879 $4 Flowing Hair Stella PCGS PR64+Cameo (CAC)

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SKU
27759524
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This is the "Stella"--the Rolls Royce of gold coins. Numismatists who possess such a coin are among the crème de la crème of numismatic aristocracy. Here is a decidedly rare opportunity from AUCM to purchase one of the most dramatic coins to ever grace the numismatic stage. Own this coin, and you will have unrivaled cachet in the world of coin collecting. The vast majority of collectors can only dream of calling such a coin their own. The discerning numismatist with available resources now has the chance to include this specimen among his or her treasures.

      This is an iconic piece of American numismatic history. Even though it is classified as a pattern coin, the "Stella" has long been counted as the key to a type collection of United States gold. This is due to its being included in the Red Book for generations. Struck upon a golden canvas, the 1879 "Stella" is the most legendary of all gold pattern coins. It derives its distinctive name from the five-pointed star on the reverse.

      These stunningly beautiful coins were the brainchild of John A. Kasson, U.S. envoy and minister plenipotentiary to Austria-Hungary. He had previously served as the chair of the Committee of Coinage, Weights, and Measures in Congress. This was another of many failed schemes to create an international coinage. The valuation of different world monetary units differed from each other, typically during a short span of time. However, Kasson had the inspiration that a U.S. $4 coin would be around the same value as the Austrian 8 florins, French 20 francs, Italian 20 lire, Spanish 20 pesetas, and Dutch 8 florins. The Judd book, United States Pattern Coins, tells us, "The entire idea was absurd at the start, as approximate values would never satisfy the needs of commerce, and such pieces would eventually be valued on their gold content and would not come out in even units of foreign currency." Thus the "Stella" was never produced for mass distribution and circulation. However, the nation's loss is the discriminating collector's gain.

      Designed by U.S. Mint Engraver Charles E. Barber, this specimen of the 1879 "Stella" is one of only around 425 struck. They were given to members of Congress and afterward collectors from late 1879 through the early part of 1880. This is unquestionably Barber's tour de force. Surviving pieces of this treasure are found in a range from worn out to damaged to virtually flawless. The specimen we are offering to you was graded Proof 64+CAM (CAC) by PCGS. Only 2 have been graded PR 64+CAM by PCGS, with 34 finer (as of 12/2020). Plus the CAC certification documents its overall superior quality for the grade. This proof cameo example has beautiful contrasting mirrored orange-red surfaces and a sharp strike. The new owner will enjoy this exceptional work of numismatic art for many years to come.   

More Information
PCGS # 88057
Grading Service NONE
Year of Issue NONE
Grade NONE
Denom Type N/A
Numeric Denomination $4
Mint Location NONE
Designation NONE
Circ/UnCirc Not Specified
Strike Type N/A
Holder Variety Flowing Hair
Grade Add On NONE
Holder Type N/A

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