1879 $4 FLOW HAIR
Bid InformationFor your convenience, the bid information on this page automatically refreshes with the most up to date data so you don't have to refresh/reload this page.
Minimum Next BidBid increments determine the lowest amount you may bid on a particular lot. Normally, bids must be at least one bidding increment over the Current Bid. However, podium, fax, phone and mail bidders submit bids at various times without knowing the current bid and must be on-increment or at a half increment (called a Cut Bid). Any podium, fax, phone, or mail bids that do not conform to a full or half increment will be rounded up or down to the nearest full or half increment.
Internet bids are required only to bid the increment past the Current Bid, or more. Internet bids greater than one increment over the Current Bid can be any whole dollar amount.
It is possible under several circumstances for winning bids to be between increments. It is also possible for an existing bid to be outbid by less than a full increment, sometimes by only $1. This usually happens when two bidders feel that a lot is worth about the same amount, but one places an off-increment bid. Generally when this happens, the Current Bid was much lower than the high secret maximum bid when the off-increment bidder placed his bid.
For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
Number of BiddersThis number represents the number of individual bidders prior to the close of Internet bidding on each lot. An individual who bids more than once is still counted only once. During the live session, only the winning bidder is included in this number, although detailed records are kept of all forms of bids.
Reserve (If Any) Not Posted Yet:
Although many lots will not get reserves, this signifies that we have not yet posted any reserves to this entire auction. Reserves are usually posted approximately 3 days prior to the closing for Internet-only auctions, and approximately 7 days prior to the live session for Signature auctions. At that point, any unmet Reserve will become both the price shown (with an asterisk) and the Minimum Next Bid, regardless of any previous bids.
Consignor Has Not Yet Submitted a Reserve:
Although the consignor's agreement allows a reserve on this lot, the deadline for submitting such a reserve has elapsed. If consignor submits a reserve post-deadline and the item fails to meet that reserve, we may charge the consignor a higher reserve fee.
This lot is being sold without a consignor reserve. (Note: By law, consignors may still bid under certain conditions, but they are responsible for paying the full Buyer's Premium and Seller's Commission if they do.)
Reserve Not Met:
A reserve has been posted on this lot, but no bids have met the reserve. The current bid has been set to the reserve amount, and the next bid will meet the reserve.
Reserves have been posted for this auction, and there is a reserve on this lot that has already been met.
Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).
Our Auction Results Archives now allow our members to make anonymous offers on items that may not be auctioned again for some time. Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell.
Heritage retains 10% (minimum $40 per lot) of the total price as its commission (compared with a 12%-25% Buyer's Premium charged on auction transactions), from which Heritage absorbs all credit card/PayPal costs. This service is free to the buyer (no Buyer's Premium), includes a 7 day return policy, and protects the identity of both parties. Because no Buyer's Premium is charged on Make Offer to Owner transactions, auction consignment discount coupons are invalid.
Our software allows offers and counter-offers, but we suggest making your best offer the first time as most owners will not respond to low offers at all. You will receive a response or no-response email from Heritage within 72 hours.
What's This?The owner of this item has indicated that they would sell this item at the amount, although their acceptance of your offer is required before the item can be purchased.
BP - Buyer's Premium per LotA Buyer's Premium will be added to each successful bid. For this sale: 15% of the successful bid (minimum $0) per lot. Please see #2 in our Terms & Conditions.
Not SoldThis indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.
Opening Bid:Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).
Extended Payment Plan
Available on select items as noted on the item page in the bidding area.
- Minimum invoice total is $2,500.
- You may take up to four (4) months to pay the balance (monthly payments of at least 1/4th of invoice total).
- Interest is calculated at only 1% per month (12% annually) on the unpaid balance, and must be kept current.
- Minimum down payment is 25% within two weeks of the sale date. All down payments made beyond this 2 week window will require a 35% down payment, and the term will be shortened to 3 months.
- Subject to a refundable 3% set-up fee, which will be paid as part of your 1st monthly installment. This fee will be refundable upon completion of the plan if the following conditions are satisfied:
- All payments (including the down payment) must be made on-time per your specific EPP schedule (there will be a brief grace period).
- All payments must be made using one or a combination of the following payment methods: cash, check, cashier's check, eCheck, money order, or bank draft.
- There is no penalty for paying off early.
- Non-dealers only
- With pre-approved credit application
All traditional sales policies still apply. Due to the nature of the business and market volatility, there is no return privilege once you have confirmed your sale, and penalties can be incurred on cancelled orders.
- Get pre-approved by filling out a credit application.
- Bid normally and win some lots.
- Heritage will maintain possession of all the lots until paid in full. Therefore, you must notify us of your intent to use our Extended Payment Plan on or before the day of the auction. All pre-shipped material must be returned to Heritage in order for the plan to be in effect.
- When you get your electronic invoice, select "other" from the payment options.
- Send an e-mail to EPPGroup@HA.com indicating the invoice number and your intention to use the Extended Payment Plan.
Note: This offer may not be available on some items.
Terms and Conditions
Extended Payment Plan for Heritage Owned Inventory Items(excludes Virtual Bourse, Comic Market and Virtual Sports Show)
- Minimum invoice total is $2,000.
- You may take up to 6 months to pay the balance (monthly payments of at least 1/6th of invoice total).
- Minimum down payment is 20%.
- Payments (including the down payment) must be made on-time per your specific EPP schedule (there will be a brief grace period).
- Payments must be made using one or a combination of the following payment methods: cash, check, cashier's check, eCheck, money order, bank draft, bank wire or PayPal.
- There is no penalty for paying off early.
- Non-dealers only
SMS Alerts- Receive a text message approximately 35 lots ahead of your item being up for bidding at auction, with a link to bid in Heritage Live in the text message. Haven't registered? Visit MyProfile to sign-up for free by entering your mobile number. The green icon indicates Live Bidding Text Alerts are on for that lot. Live Bidding Text Alerts are only available for lots in live sessions.
Note: The extra increment won't be placed until the item is up for live bidding, so it is possible that you could be outbid by a bid placed prior to live bidding, such as another proxy bid, live proxy bid, mail bid, etc., which could result in your losing the lot by that one increment. For the same reason, it is also possible that a currently losing bid with bid protection placed could potentially win the lot once the lot is subject to live bidding and the Bid Protection increment(s) is placed.
Upon his return from Europe in 1874, Dana Bickford of New York City complained bitterly about the difficulty of international travel in the absence of a unified currency. Laid before Mint Director Henry R. Linderman, Bickford's complaints and proposed solutions resulted in his submission of a design that carried eight different currency inscriptions from as many nations. The daily fluctuation in exchange rates, coupled with the average American citizen's limited knowledge of international monetary units, put the nail in the coffin of Bickford's proposal after a limited number of 1874-dated pattern pieces were struck in gold, copper, aluminum, and nickel (Judd-1373 through Judd-1378, Pollock-1518 through Pollock-1523).
The failure of Congress to follow up on either Paquet's or Bickford's pattern pieces did not, however, lay to rest the idea of an international monetary unit. In 1879, John A. Kasson, the United States' minister to Austria, proposed a four dollar coin whose metallic content would be stated in the metric system--the standard used in Europe. According to Kasson's proposal, this new coin would approximate, among other denominations, the Spanish 20 peseta, Dutch 8 florin, Austrian 8 florin, Italian 20 lire, and France's 20 franc piece. With enthusiasm that seemed out of place in connection with a third proposal for an international monetary unit, Congress ordered the Mint to produce pattern pieces in anticipation of regular issue coinage. Chief Engraver Charles E. Barber prepared an obverse design that depicted a portrait of Liberty facing left with long, flowing hair. The date appeared at the bottom and the inscription 6 G .3 S .7 C 7 G R A M S around the central portrait. With stars in between each character, this inscription advertised the coins' weight as 7 grams and gave the proportionate composition of gold, silver, and copper. The reverse depicted ONE STELLA 400 CENTS superimposed atop a five pointed star with the inscriptions UNITED STATES OF AMERICA, E PLURIBUS UNUM, DEO EST GLORIA (God is glorious), and FOUR DOL. in the surrounding field. Using these dies, the Philadelphia Mint struck approximately 15 examples in the specified alloy in December 1879. Early the following year, a further 400 or so pieces followed, although careless Mint employees improperly spaced the dies with the result that these later examples display weak definition on the hair over Liberty's ear. While improper handling and/or circulation have taken their toll on as many as half of these pieces, the remaining representatives constitute the majority of unimpaired stellas in today's numismatic marketplace. Limited numbers of 1879-dated Flowing Hair stellas also exist in standard gold (90% gold, 10% copper), copper, aluminum, and white metal.
The present example displays deeply mirrored fields and thinly frosted devices. With weakly defined central hair features and planchet striations that were not obliterated through striking, this specimen is an unmistakable survivor of the 1880 delivery. The metric gold alloy inscribed on the obverse probably describes this coin's composition, although, as stated earlier, the Philadelphia Mint did strike an undetermined number of coins on standard gold planchets. We cannot, therefore, say for certain whether this coin contains a metric or standard gold alloy. There is, however, little doubt surrounding the rarity and desirability of Charles E. Barber's Flowing Hair stella among advanced gold type collectors. Scattered hairlines rule out a near-Gem assessment, although the memorable eye appeal of the honey-gold surfaces is hardly diminished. Accuracy compels us to mention an inconspicuous toning spot along the reverse rim above the T in UNITED.
From the Joseph J. Abbell Collection of U.S. Gold Coins. (NGC ID# 28AZ, PCGS# 8057)
Service and Handling Description: (view shipping information)