The 1879 Stella Gold $4 coin, featuring the Flowing Hair design, is a fascinating piece of American numismatic history. Here are some key points about this coin:
Design: The obverse of the coin features a left-facing bust of Liberty with flowing hair, reminiscent of the design seen on early American coins such as the Flowing Hair dollar and the Half Cent.
The word "LIBERTY" is inscribed above the portrait, and the date "1879" is below it. The reverse features a rendition of a large five-pointed star with the inscriptions "ONE STELLA" and "FOUR DOL." indicating its denomination.
Purpose: The Stella coin was proposed as a pattern coin intended for international trade. It was intended to be equal in value to four US dollars, or one-quarter of an ounce of gold.
Mintage: Despite being initially proposed for circulation, the Stella never entered general circulation. Only a small number of patterns were produced as part of a limited trial.
Varieties: There are two major varieties of the 1879 Stella Gold $4 coins: the Flowing Hair variety and the Coiled Hair variety. The Flowing Hair variety is the first version of the coin, with Liberty's hair flowing freely, while the Coiled Hair variety features her hair tied up in a bun.
Collectibility: Due to their rarity and historical significance, 1879 Stella Gold $4 coins are highly sought after by collectors. Both varieties, especially the Flowing Hair variety, command significant premiums in the numismatic market.
Collectibility: The 1828 Capped Bust Gold $5 Half Eagle with the "8 Over 7" overdate variety is highly collectible among numismatists due to its rarity, historical significance, and distinct error.