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"Stella! Hey, Stella!"

GoldbullyGoldbully Posts: 17,939 ✭✭✭✭✭
From Stack's, The Samuel Berngard and S.S. New York Collections...............


1879 pattern $4. J-1635, P-1832/1833. Rarity-3. Flowing Hair. Proof-67 CAMEO (NGC).


Gold. Reeded edge. This flawless example of the most famous U.S. proposal for an international gold trade coin presents a splendid rendition of Charles E. Barber's Flowing Hair Liberty. As so often seen on even the rarest patterns of this busy era of U.S. Mint creativity, the detail on the highest locks is indistinct while the large star with its incuse ONE/ STELLA/ 400/ CENTS is razor-sharp. Gleaming mirror fields contrast boldly with lightly frosted reliefs for exceptional beauty and undeniable visual appeal. The Stella was never struck for circulation but has been eagerly sought by collectors ever since it was first made. The present coin is one of exactly four certified in this grade by NGC, there are none certified higher within the CAMEO designation.

The 1879 Flowing Hair Stella is the only readily collectible variety from the suite of four combinations produced in gold by the Mint in 1879 and 1880. Interestingly, the 1879 Coiled Hair variety and both varieties of 1880 were produced secretly, for private profit, and were not even illustrated in a numismatic publication until well into the 20th century, then by Edgar H. Adams in The Numismatist. With regard to the 1879 Flowing Hair Stella, several hundred of these were produced and distributed to congressmen and others of influence in Washington. These were a very desirable lagniappe, were prized by the recipients, and it is said (by Walter Breen) that more than just a few were fashioned into jewelry and given as tips or rewards to the proprietors of brothels in Washington. During that era most senators and representatives were far from home, and stayed in hotels or apartments. Politicians being imbued with a combination of ambition and aggressiveness, perhaps necessary to be elected, also often had an eye for feminine beauty. Accordingly, they were continually good customers for local madams. Unofficial gambling parlors also thrived.

Numismatists sought to acquire examples of the 1879 Flowing Hair Stella (not knowing about the other varieties that were made) and petitioned the Mint. One dealer, S.H. Herzfeld, was given an interview. It seems that some were made available, but no records were kept, or at least none exist today. The quantity struck is not known, but probably was somewhat more than 700, of which perhaps 300 or so survive today, often showing signs of handling or jewelry use, and, when not in that category, usually in lower numerical preservation such as Proof-62 or 63. The present Proof-67 is indeed incredible, a showpiece.



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Current Bid: $260,000.00

Stack's Link

Comments

  • AUandAGAUandAG Posts: 24,934 ✭✭✭✭✭
    What a piece of %$##$. Can't even get the letters and numbers straight. Can't spell LIBERTY.
    hmmmmmmmmmmmmmm,
    Worth melt.

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • image
    Completed BS&T Deals

    halfnut X3, Dabigkahuna, Kaelasdad, LALASD4, harvey85422458,
    fivecents, Coll3ctor, cucamongacoin, Becoka
  • StellaStella Posts: 720 ✭✭✭✭✭
    I'm here! What did you want? image

    Anyway, this is a beautiful coin. It exhibits the typical striations for the issue, but any Stella is an impressive piece!
    Coin collector since childhood and New York Numismatist at Heritage Auctions.
  • cmerlo1cmerlo1 Posts: 7,960 ✭✭✭✭✭
    I'll get my checkbook.





    image
    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
  • GoldbullyGoldbully Posts: 17,939 ✭✭✭✭✭


    << <i>I'm here! What did you want? image

    Anyway, this is a beautiful coin. It exhibits the typical striations for the issue, but any Stella is an impressive piece! >>




    Stella, thanks for answering my plea!

    I just missed you dearly!!!! image


    Not a bad coin either!!!
  • StellaStella Posts: 720 ✭✭✭✭✭


    << <i> Stella, thanks for answering my plea!

    I just missed you dearly!!!! image

    Not a bad coin either!!! >>



    It's good to know that someone cares... image
    Coin collector since childhood and New York Numismatist at Heritage Auctions.
  • Thanks, Super Valuable...
    -Rome is Burning

    image
  • derrybderryb Posts: 37,667 ✭✭✭✭✭
    I'll run down to Indybank in the morning for a withdrawal. Ya think they still have my money?

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • ArtistArtist Posts: 2,013 ✭✭✭
    Widget.


    image
  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    House.
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    is it true that members of congress gave 'em away to prostitutes?

    K S
  • From the pic, the coin looks weak East of the eye. That might be common for this coin? I'll check mine and see.image
    OLDER IS BETTER
  • RWBRWB Posts: 8,082
    The Stella story is typical of the mixture of myth, imagination, blatant fabrication, and fact that permeate numismatics. Based on the collection inventory of mint engraver Charles Barber (1916- photocopy in ANA library), both flowing hair and coiled hair designs of the $4 coin were by Charles Barber, as was the common reverse. The patterns were sold in sets that included the Goloid dollar and a metric dollar. Initial distribution was via the House Coinage Committee membership, later expanded to other members of congress and Treasury employees such as the superintendent of the New York Assay Office. Purchasers were charge the bullion value of the sets. Sets were also sold to collectors and others who had political connections. Most of the sets initially reserved for Congress were not sold to members, and were later diverted to collectors. Available contemporary records do not describe both flowing and coiled hair varieties; however, they are described in an 1887 inventory of the mint collection patterns and are also referenced to R Colton Davis’ collection in the mint document.

    As far as the coins being given to Washington DC women, that mostly included the wives and daughters of members of Congress and their political allies. The unusual $4 pieces were much sought after as were gold dollars for use in jewelry. (See The Treasurer’s Treasure in RAC 1909-1915 and the CW article on use of gold dollars.) Some quantity likely found their way to Washington bordellos, too, but it is a gross exaggeration (from Breen) to claim that any large proportion ended up there. It is also misleading to assume that the experiences of one contemporary coin dealer are in any way typical of the experience of collectors. The cost of a Goloid-stella-metric set was much more than ordinary collectors could spend: it was a very high-end luxury item not unlike a gold proof set.

    Although contemporary information is presently incomplete, the difficulty might be that we are looking in the wrong places.


  • << <i>is it true that members of congress gave 'em away to prostitutes?

    K S >>



    Nevermind. Brain cramp on my part.
  • pmacpmac Posts: 3,189 ✭✭✭
    Stack's has five up for auction in Baltimore from this one for a quarter million to a bargain basement 72k. Does this include shipping?
    Paul

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