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Lot
7949

NGC 1879 Gilt Coiled Hair Stella, Judd-1639, R.7, PR 62. Mo...

1994 ANA Sale #122

 
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Auction Ended On: Jul 29, 1994
Item Activity: 2 Internet/mail/phone bidders
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Location: Detroit, MI
Description:
NGC 1879 Gilt Coiled Hair Stella, Judd-1639, R.7, PR 62. 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 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 which account for the grade and a slightly variegated color in the left obverse field. (PCGS# 61639)

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