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UP FOR AUCTION TODAY IS A REPLICA OF THE 1879 $4 STELLA FLOWING HAIR GOLD COIN BEAUTIFULLY PLATED IN 24k GOLD.
DIAMETER - 22mm
MATERIAL - 24k GOLD PLATED OVER COPPER OR BRASS
WE ALSO HAVE THE $4 COILED HAIR AVAILABLE IN OUR STORE.
The Stella was originally produced as a pattern coin to explore the potential of becoming a member of the Latin Monetary Union (LMU). The Stella pattern coins were produced in the years 1879 and 1880 only. The Stella $4 gold piece was meant to be similar in gold content to the twenty franc coin minted in France, Switzerland and other LMU countries.
Two different designs obverse were produced: one with flowing hair and the other with coiled hear. Both bear the same inscription "★6★G★.3★S★.7★C★7★G★R★A★M★S★" ("★" is a Unicode character that should be a five-pointed star) and the date. The reverse star had the inscriptions ONE STELLA and 400 CENTS, while the reverse rim had the legends UNITED STATES OF AMERICA and FOUR DOL., and circling the star but between its points were the legends E PLURIBUS UNUM ("Out of many, one") and DEO EST GLORIA ("To God is the glory").
The coin and the prospect of joining the Latin Monetary Union were rejected by Congress, but not before several hundred restrikes of the Barber flowing hair design had been produced and sold to Congressmen at the cost of production. These later became a source of scandal when it was noted that a number of them ended up as jewelry pieces adorning the necks of madams operating some of Washington's most famous bordellos.
Five examples of a pattern quintuple Stella denominated at 20 dollars
were produced in 1879 as well. These coins used a modified version of
the then current Liberty Head (Coronet) design of the double eagle, replacing the stars on the obverse with "★30★G★1.5★S★3.5★C★35★G★R★A★M★S★", and the motto IN GOD WE TRUST on the reverse with the same DEO EST GLORIA found on the reverse of the Stella.
Only 425 examples of the Stella were made.
- SOURCE WIKIPEDIA
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