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Lot
5173

1879 Gilt Coiled Hair Four-Dollar Stella, Judd-1639, Pollock-...

1998 ANA Signature Sale #190

 
Sold for: Not Sold
Auction Ended On: Aug 3, 1998
Item Activity: 5 Internet/mail/phone bidders
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Location: Portland, OR
Description:
1879 Gilt Coiled Hair Stella, Judd-1639
1879 Gilt Coiled Hair Four-Dollar Stella, Judd-1639, Pollock-1839, R.7, PR 62 NGC. Morgan's famous Coiled Hair design for the proposed four-dollar gold piece, or stella, as the denomination was known ("stella," of course, being the Latin word for "star" which is the design motif on the reverse). Struck in copper and gilt with a reeded edge.
In gold, Coiled Hair stellas are prohibitively rare and expensive. They stand as one of the most avidly sought after and closely held of all American coins, with many years passing between offerings. Only 10-15 pieces were struck in gold in each year. The off-metal patterns are somewhat more available and only a fraction of the cost of the gold strikings. This piece still shows much of the original flash of the fields through the gilt. There are a few hairlines on each side, some tiny facial marks, and a curved field mark on the obverse that account for the grade. (PCGS# 61639)

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