Skip to main content
Go to accessibility options

Description

1879 Coiled Hair Stella, PR67 Cameo
Landmark Pattern Rarity, Judd-1638
Only 14 Examples Traced
Newly Documented Example

1879 $4 Coiled Hair, Judd-1638, Pollock-1838, JD-1, R.6, PR67 Cameo NGC. The 1879 Coiled Hair stella is among the rarest and most valuable issues in American numismatics. In addition to their absolute rarity, the coins possess a beauty of design and intense historic interest that few issues can match. In their Encyclopedia of U.S. Gold Coins, Jeff Garrett and Ron Guth note:
"The Coiled Hair $4 gold Stella is considered one of the great prizes of U.S. coinage. Examples are usually offered only when important collections cross the auction block."

     PCGS CoinFacts estimates the surviving population at 12 to 15 examples in all grades, which agrees closely with John Dannreuther's estimate of 12 to 14 specimens extant. Most recent rosters have identified 13 specimens that have appeared in recent times, but this coin does not appear to be one of those examples. Although it is imaged on page 37 of the 6th edition of the 100 Greatest U.S. Coins, we cannot positively link this coin with any previous auction appearance. It was purchased privately by our consignor and is entirely fresh to the market. NGC lists four coins in PR67 Cameo in their Census, with none finer, while PCGS has certified a single coin in PR67 (non-Cameo), also with none finer (2/26). We suspect even those meager citations include some resubmissions and crossovers. Heritage Auctions is pleased to present one of the finest-known examples of this iconic issue in this important offering.

The Stella
The stella was a proposed four-dollar gold coin intended to serve as an international monetary unit, much like the present-day euro. The Honorable John A. Kasson suggested the idea for a coin that would be equivalent to coins of the Latin Monetary Union, like the French 20 franc piece and the Austrian 8 florin coin, in a letter to the State Department on January 3, 1879. The letter was passed to the Treasury Department and then to Alexander Stephens, head of the Committee on Coinage, Weights, and Measures. Stephens was closely associated with Dr. William Wheeler Hubbell, who had patented his famous "Goloid" composition, an alloy of silver, gold, and copper, and advocated its use for international coinage. Roger W. Burdette suggests the real impetus for the stellas came from Hubbell, rather than Kasson. Patterns were struck for the proposed coinage in 1879 and 1880, using both the Flowing Hair and Coiled Hair designs. Unfortunately, the four dollar stella was not an exact match in value for its intended European equivalents (the 20 franc piece worth $3.88) and the idea was eventually deemed impractical.

The Coiled Hair Design
Obverse: Head of Liberty with braided hair, coiled on top, with a headband inscribed LIBERTY. Legend★ 6★ G★ .3★ S★ .7★ C★ 7★ G★ R★ A★ M★ S★ around, date 1879 below. Reverse: A large five-pointed star with the incuse inscription ONE STELLA/400 CENTS in the center, E PLURIBUS UNUM. DEO EST GLORIA around, UNITED STATES OF AMERICA/FOUR DOL. at the borders.
Many numismatists believe the Coiled Hair obverse design was engraved by then-Assistant Engraver George T. Morgan, because of its similarity to the portraits on his Goloid and Metric silver dollars. Recent research by Roger Burdette suggests Chief Engraver Charles Barber may have adapted Morgan's design for use on the stella (see the Journal of Numismatic Research, Spring 2015 edition). The reverse design is generally attributed to Barber. Struck in gold, with a reeded edge. All examples seen show parallel striations from the drawing bench, but their location, orientation, and prominence varies widely. The Coiled Hair design was also struck in copper (Judd-1639), aluminum (Judd-1640), and white metal (Judd-1641).

Mintage, Distribution, and Early History of the Coiled Hair Stellas
No official documentation on the mintage, purpose, and production of the Coiled Hair stellas has ever come to light. However, it seems certain that the Coiled Hair design was struck in extremely limited quantities for sale to collectors in 1879 and 1880. The Coiled Hair stellas were offered as part of three-coin Goloid sets, together with a Goloid dollar pattern (Judd-1631) and a Metric dollar pattern (Judd-1622). The earliest auction appearance of such a set was apparently in lot 631 of the John Colvin Randall Collection (George Cogan, 3/1882):
"1879 Goloid Set. Goloid Dollar. Hair done up in a knob. Band of ribbon with Liberty on it. Rev. '895-8-S. 42-G. 100C 25 Grams' in centre of wreath. 'One Dollar' below. 'Deo Est Gloria' above. Brilliant proof.

"Metric Dollar. Hair braided and done up in a coil. Ribbon 'with Liberty on it.' Rev. 15.3-G. 236-7-S. 28-C. 14 Grams within circle of 38 stars. '100 Cents' below. Brilliant proof.

"Gold Stella (No. 4 piece). Hair braided and done up in a coil, head of Liberty surrounded by *6*G*.3.*S*.7*C*7*G*R*A*M*S* Rev. A star inscribed 'One Stella, 400 Cents.' Brilliant proof. This set has never been offered before at either public or private sale. Excessively rare.

"Note.-This set must not be taken for the ordinary 'Goloid Set' as the obverse is nothing like it. In this set hair of Liberty is arranged in coils, while in the other it falls down the neck in curls, and the face is totally different."

     Early auction citations note only 10 examples of the 1879 Coiled Hair stella were struck, but a few more examples are known today; so, either the initial mintage was larger than reported or a small number of restrikes was produced later. John Dannreuther estimates the total mintage of the 1879 issue at 20 pieces. The stellas were ostensibly struck on planchets made of the patented Goloid composition, but many numismatists believe they were actually struck on shaved-down half eagle blanks, because all examples seen show parallel die striations. Alternatively, recent research indicates the planchet stock was rolled in such a way that these striations were produced.
     Auction appearances of the 1879 Coiled Hair stella have been few-and-far-between over the years, but the issue brings high prices whenever an example is offered. The current record price realized is $1,464,000, brought by the PR66 Cameo PCGS specimen in lot 3210 of our recent FUN U.S. Coins Signature (Heritage, 1/2026). We expect this higher-graded, newly discovered specimen will inspire intense competition from series specialists and Registry Set enthusiasts when it crosses the auction block.

The Present Coin
The coin offered here is a spectacular Superb Gem Cameo proof, with sharply detailed design elements in most areas, and just a touch of softness on Liberty's curls, due to roller marks that were not completely struck out. These parallel striations, which are seen on all known examples, are oriented in a nearly vertical alignment on this coin. The deeply mirrored fields contrast boldly with the frosty devices to create a stunning cameo effect when the coin is tilted in the light. The yellow and orange-gold surfaces are virtually free of post-strike distractions, but a distinctive lintmark is visible in the field above the L in LIBERTY on the obverse, and there is a die line from a dentil toward the O in FOUR on the reverse that serve as good pedigree markers. Overall eye appeal is terrific. Our consignor purchased this coin privately from Blanchard and Company some time ago, but we can find no prior auction appearance of this remarkable specimen. It is an exciting new discovery and entirely fresh to the market. This coin is tied for finest-certified honors, making it a Registry Set essential. The 1879 Coiled Hair stella is listed among the 100 Greatest U.S. Coins and this specimen is the plate coin for the 6th edition of that reference. NGC Census: 4 in 67 Cameo, 0 finer (2/26).

Roster of 1879 Coiled Hair Stellas, Judd-1638
This roster was expanded from earlier work by Ron Guth and the Numismatic Detective Agency, Saul Teichman, and John Dannreuther. Grades are per the last auction appearance, unless a subsequent certification event is known.
1. PR67 Cameo NGC. Blanchard and Company; private purchase by the consignor. The present coin.
2. PR67 Cameo NGC. Western Collection of United States Gold Coins (Stack's, 12/1981), lot 1137, $80,000; Gold Rush Collection (Heritage, 1/2005), lot 30041, $655,500; Tacasyl Collection (Bonhams, 9/2013), lot 1009, $1,041,300.
3. PR66+ Cameo PCGS. Louis E. Eliasberg, Sr. Collection (Bowers and Ruddy, 10/1982), lot 317, $101,750; Dr. Jerry Buss Collection (Superior, 1/1985), lot 1766, $104,500; G. Lee Kuntz Collection (Superior, 10/1991), lot 3389, not sold.
4. PR66+ Cameo PCGS. Will W. Neil Collection (B. Max Mehl (sold as part of a complete set of Stellas), 6/1947), lot 2603; Grant Pierce Collection / 1976 ANA (Stack's (sold as part of a complete set of Stellas), 8/1976), lot 2920; May Auction (Superior, 5/1991), lot 1374, not sold; Bob R. Simpson Collection.
5. PR66 Cameo PCGS. Rio Rancho Estate (Superior, 10/1974), lot 133, $105,000; Lighthouse Collection (Stack's, 6/1978), lot 828, $90,000; Ed Trompeter Collection, Part I (Superior, 2/1992), lot 134, $198,000; Orlando Sale (Superior, 8/1992), lot 598, not sold; Seymour Finkelstein Collection (Stack's, 10/1995), lot 1547, $222,000; Costa Family / FUN Signature (Heritage, 1/2026), lot 3210, $1,464,000.
6. PR66 Cameo PCGS. A Small Collection of Coins and Medals (Bangs & Co., cataloged by H.P. Smith, 1/1882), lot 655, $6; T. Harrison Garrett Collection - Robert and John Work Garrett Collection; John Work Garrett Collection / Johns Hopkins University Collection, Part I (Bowers and Ruddy, 11/1979), lot 431, $115,000; Auction '80 (Superior, 8/1980), lot 385, $175,000; Buddy Ebsen Collection (Superior, 5/1987), lot 2444; Holecek Family Trust (Stack's, 10/2000), lot 1623, $310,500; FUN Signature (Heritage, 1/2014), lot 5405, $851,875; David Lawrence, reportedly sold for "just over $1,000,000" in 12/2017 (see E-Sylum volume 20, number 52 12/17/2017); D.L. Hansen Collection.
7. PR66 Cameo NGC. Memorable Collection (Numismatic Gallery (Abe Kosoff & Abner Kreisberg), 3/1948), lot 280; Rarities Sale (Bowers and Merena, 7/1997), lot 359, $231,000; Spectrum Numismatics, sold privately; HBC Collection (Heritage, 1/2019), lot 4651, $1,050,000; Tyrant Collection.
8. PR66 Uncertified (per Jeff Garrett). Josiah K. Lilly Collection, donated intact by Lilly's estate in 1968 to the National Numismatic Collection in exchange for a $5.5 million tax credit; National Numismatic Collection at the Smithsonian Institution (accession #283645, Id Number NU.68.159.0149).
9. PR65 PCGS CAC. Jerome David Kern Collection/Golden Jubilee Sale (B. Max Mehl (as part of a set), 5/1950), lot 243; Amon G. Carter, Jr. Family Collection (Stack's, 1/1984), lot 632, $88,000; New Orleans Collection (Heritage, 4/2015), lot 5299, $881,250; ANA U.S. Coins Signature (Heritage, 8/2025), lot 3381, realized $1,440,000.
10. Gem Brilliant Proof Uncertified. Dallas Bank (H. Jeff Browning) Collection (Sotheby's/Stack's, 10/2001), lot 361, $345,000. According to Saul Teichman, this coin was earlier from the Dr. John E. Wilkison Collection.
11. PR64 Cameo PCGS. New Orleans ANA (Stack's Bowers, 5/2013), lot 1294, $646,250; Pre-Long Beach Auction (Goldberg Auctions, 6/2019), lot 1171, not sold.
12. PR63 NGC. Armand Champa Collection (Bowers and Ruddy, 5/1972), lot 521, $29,000; S. Hallock duPont Collection (Sotheby's, 9/1982), lot 250, $61,600; Coles Collection (Stack's, 10/1983), lot 57, $74,800; Rarities Sale (Bowers and Merena, 8/1995), lot 307, $137,500; Long Beach Signature (Heritage, 9/1998), lot 7105, $161,000; Gold Rush Collection (Heritage, 1/2005), lot 30040, $287,500; Freedom Collection (Heritage, 1/2007), lot 3488, $316,250; Pre-Long Beach (Goldberg Auctions, 5/2007), lot 1551, $414,000; Pre-Long Beach (Goldberg Auctions, 2/2009), lot 1433, $304,750; Poulos Family Collection (Heritage, 8/2019), lot 3861, $336,000.
13. PR62 PCGS (previously PR63 NGC). Stack's Summer 1997 Fixed Price List, as part of a set offered at $875,000; Americana Sale (Stack's (as part of a complete set of Stellas), 1/1998), lot 1498, not sold; Richmond Collection [Bradley Hirst], Part I (David Lawrence, 7/2004), lot 1304, $299,000; Denver Platinum (Heritage, 8/2006), lot 5468, $402,500; Bruce Sherman Collection, Part II (Heritage, 4/2025), lot 3091, $576,000.
14. PR63 NGC. King Farouk; Palace Collections of Egypt (Sotheby's, 2/1954), lot 322; Gaston DiBello Collection, Part II (Stack's, 5/1970), lot 796, $22,000; Globus and Corson Collections (Stack's, 3/1999), lot 134, $138,000; Rarities Sale (Bowers and Merena, 1/2000), lot 350, $126,500; Genaitis Collection (Heritage, 8/2001), lot 7750, $132,250.

Additional Appearances
A. Brilliant Proof. John Colvin Randall Collection (George Cogan, 3/1882), lot 631, part of a Goloid set.
B. Proof. George Woodside Collection (New York Coin & Stamp, 4/1892), lot 346.
C. Proof. Harlan Page Smith Collection (S.H. & H. Chapman, 5/1906), lot 1445.
D. Proof. A coin sold to DeWitt Smith by H.P. Smith, mentioned by Henry Chapman in his Smith Collection catalog in C above. Sold to Virgil Brand in 1908, Brand Journal number 46963.
E. Proof. Edgar Adams in 1911; sold to Virgil Brand, Brand Journal number 57093.
F. Proof. F.C.C. Boyd in 1921; sold to Virgil Brand, Brand Journal number 105729.
G. Proof. John Story Jenks Collection (Henry Chapman, 12/1921), lot 5682.
H. Brilliant Proof. William Forrester Dunham Collection (B. Max Mehl, 6/1941), lot 2063.
I. Brilliant Proof. Albert H. Grinnell Collection (Mehl, 6/1943), lot 185; Fred E. Olsen Collection (Mehl, 11/1944), lot 614. Part of a four-piece set of stellas.
J. Brilliant Proof. Pennsylvania Sale (Hollinbeck, 2/1947), lot 2533.
K. Brilliant Gem Proof. J.W. Schmandt Collection (Stack's, 2/1957), lot 219.
L. Proof. Public Auction Sale (Kreisberg-Schulman, 2/1961), lot 1150, part of a set of stellas.
M. Brilliant Gem Proof. Golden Sale, Part II (Kreisberg-Schulman, 1/1963), lot 1938, part of a set of stellas.
N. Gem Proof. Public Coin Auction (Quality Sales, 9/1973), lot 1154.

Coin Index Numbers: (NGC ID# 28B2, PCGS# 88058, Greysheet# 8781)

Weight: 7.00 grams

Metal: 86% Gold, 4% Silver, 10% Copper


View Certification Details from NGC

Auction Info

Bidding Begins Approx.
April
10th Friday
Auction Dates
Apr-May
29th-3rd Wednesday-Sunday
Proxy Bidding Begins Approx. 
31 Days
Bids + Registered Phone Bidders: N/A
Lot Tracking Activity: N/A
Page Views: 264
Auction Type
Signature®:  Heritage Live®:After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)

Signature® Floor Sessions
Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.
Track Item