1879 $4 Flowing Hair, Judd-1635, Pollock-1833, R.3, PR65 Cameo NGC.. ...
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.
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.
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.)
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).
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 $14) 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.
- 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:
- There is no penalty for paying off early.
- Non-dealers only
- With pre-approved credit application
- Get pre-approved by filling out a credit application.
- Bid normally and win some lots.
- When you get your electronic invoice, select "other" from the payment options.
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.
- Minimum down payment is 20%.
- 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.
Remarkably Well-Preserved Specimen
In 1866 Congress passed the Metric Act, written by Rep. John A. Kasson, then-chairman of the House Committee on Coinage, Weights, and Measures. In March 1867 William Darrah "Pig Iron" Kelley, a Philadelphia native, would assume the chairmanship of the committee, serving through 1873. Kasson, during the next two decades, would serve in some local Iowa state posts as well as on a couple of important European assignments -- one to an international postal convention, one as Minister Plenipotentiary to Austria-Hungary.
The 1866 Metric Act is sometimes referred to as the Kasson Act, under which:
"It shall be lawful throughout the United States of America to employ the weights and measures of the metric system; and no contract or dealing, or pleading in any court, shall be deemed invalid or liable to objection because the weights or measures expressed or referred to therein are weights or measures of the metric system."
Kasson laid out his motives for legalizing the metric system in a report to the 39th Congress in 1866, pointing out that the system "is already used in some arts and trades in this country, and is especially adapted to the wants of others." He wrote further, however, that:
"Its minute and exact divisions specially adapt it to the use of chemists, apothecaries, the finer operations of the artisan, and to all scientific objects. It has always been and is now used in the United States coast survey. Yet in some of the States, owing to the phraseology of their laws, it would be a direct violation of them to use it in the business transactions of the community."
Although Kasson is usually credited with the stella proposal, Robert W. Julian in an (undated) article in Coins magazine titled "From Goloid pattern to $4 coins" puts the idea squarely at the feet of eccentric Philadelphia inventor Dr. William Wheeler Hubbell. Hubbell in 1877 received a patent for his "invention" of goloid metal, a mix of gold and silver that was really just a variant of electrum, which the Lydians had used to strike their first coinage around 600-700 B.C.
In early 1878 Hubbell, through his political connections, succeeded in getting goloid and goloid metric dollars produced (Judd-1557, 1560, 1563), which failed miserably. Even though they contained varying amounts of gold, they were indistinguishable from coins made out of normal coin silver.
The 1879 and 1880 stellas, in both Coiled Hair and Flowing Hair designs, also loudly broadcast their content in even metric weights, although the curious net gold fineness is purportedly six-sevenths, or 85.14%. (The stellas do contain an even metric weight of seven grams.) The 1879 Flowing Hair stellas were offered to congressmen -- enraging collectors of the day -- in three-piece sets with the 1879 metric dollar (Judd-1617/1618) and the 1879 goloid dollar (Judd-1626/1627).
"For some unexplained reason John Kasson, a former congressman, is given credit for Hubbell's strange ideas. Supposedly Kasson thought that the $4 coin would exchange nicely with the French 20-franc gold, even though the latter was worth about $3.86, not $4. Kasson would have known better. Hubbell did not and should get all the credit, or blame, for the idea of a Stella coin."
This is, of course, in direct contradiction to the Judd reference (edited by Q. David Bowers) and numerous other authorities, including Walter Breen and Jeff Garrett and Ron Guth. Despite the details concerning their genesis, all numismatists today would concur that the stellas are celebrated rarities whose auction appearances are certain to incite spirited bidding.
The wonderfully preserved surfaces of this unusual experimental coin radiate bright yellow-gold color with deeply mirrored fields and sharply contrasting mint frost over the devices. Extremely light die striations traverse the face of Liberty, as always. Close examination with a loupe reveals a few tiny planchet flakes and a thin mark in the left obverse field. Census: 15 in 65 Cameo, 27 finer (2/11).(Registry values: P1) (NGC ID# 28AZ, PCGS# 88057)
Service and Handling Description: Coins & Currency (view shipping information)