The 1879 Stella Gold $4 coin, often referred to as the “Flowing Hair” Stella, holds a special place in the history of American coinage. It is famous not only for its unique design but also for its rarity and historical significance. In this article, we’ll dive deep into the background, design, value, and key facts about the 1879 Stella Gold $4 coin.
What is the 1879 Stella Gold $4 Coin?
The 1879 Stella Gold $4 coin was part of a series of experimental coins struck by the United States Mint. The coin’s purpose was to explore the possibility of creating a new currency for international trade. The United States had been considering the idea of issuing a $4 gold coin to make it more competitive in the global market. This coin, however, was not widely circulated, making it a rare and highly collectible item today.
The Flowing Hair Design
The most notable feature of the 1879 Stella Gold $4 coin is its distinctive design, known as the “Flowing Hair” style. The obverse (front) features a portrait of Liberty with flowing hair, which was a popular motif in American coinage at the time. Liberty’s image is encircled by stars, with the word “LIBERTY” above her head.
On the reverse (back) side, the coin features a striking image of an eagle with wings spread wide. The eagle is surrounded by the inscription “UNITED STATES OF AMERICA,” along with the denomination “FOUR DOLLARS” and the year “1879.” The coin’s design stands out for its beauty and elegance, representing a classic example of late 19th-century American coin artistry.
The History Behind the 1879 Stella Gold Coin
The Stella Gold $4 coin was part of a series of coins designed by the U.S. Mint under the guidance of Chief Engraver Charles E. Barber. The idea of creating a $4 gold coin emerged as the U.S. sought to find a way to compete with other nations’ coins in international trade. At the time, the United States had a large gold reserve and was looking for ways to increase the circulation of gold coins, especially in the context of trade with countries that used similar denominations.
Although the idea of a $4 coin was never fully implemented, a limited number of the Stella coins were minted. The Mint produced two types of the coin: one with the “Flowing Hair” design and one with a modified design. These coins were never intended for general circulation, and only a small number of them were produced, making them extremely rare today.
Value of the 1879 Stella Gold $4 Coin
The value of the 1879 Stella Gold $4 coin varies widely depending on its condition, rarity, and the specific variant of the coin. Some estimates suggest that a well-preserved coin could be worth anywhere between $1 million to $3 million. Due to its historical importance, limited production, and stunning design, this coin is considered one of the most valuable and desirable among collectors.
Collectors are particularly interested in finding the “Flowing Hair” version, as it is rarer than the other variations produced. The coin’s rarity and its connection to the economic history of the U.S. contribute to its high value.
Key Facts About the 1879 Stella Gold $4 Coin
| Feature | Details |
|---|---|
| Year of Minting | 1879 |
| Denomination | $4 |
| Metal | Gold |
| Weight | 6.72 grams |
| Diameter | 22 mm |
| Design Type | Flowing Hair |
| Minting Location | U.S. Mint, Philadelphia |
| Rarity | Extremely Rare |
| Value Range | $1 million to $3 million (depending on condition) |
Conclusion
The 1879 Stella Gold $4 coin, with its “Flowing Hair” design, is a fascinating piece of American history. Although it was never used in everyday transactions, it represents an important moment in the U.S. Mint’s efforts to compete in the global gold coin market. Today, its rarity and historical significance make it one of the most sought-after collectibles in the numismatic world.
Collectors and enthusiasts continue to be drawn to this beautiful coin, and its value only seems to grow over time. Whether you’re an experienced numismatist or a beginner looking to understand the allure of rare coins, the 1879 Stella Gold $4 coin is a perfect example of American coinage’s legacy.
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FAQs
1. Why was the 1879 Stella Gold $4 coin created?
The 1879 Stella Gold $4 coin was created as part of an experimental project by the U.S. Mint to explore the possibility of issuing a $4 coin for international trade.
2. How many 1879 Stella Gold coins were minted?
Only a small number of these coins were minted, making them extremely rare. The exact number is unclear, but estimates suggest that fewer than 20 coins are known to exist.
3. What is the value of the 1879 Stella Gold $4 coin today?
The value of the 1879 Stella Gold coin can range from $1 million to $3 million, depending on its condition and rarity. Coins in mint condition are worth the most.
4. What is the difference between the “Flowing Hair” and other versions of the Stella Gold coin?
The “Flowing Hair” version of the 1879 Stella Gold coin features Liberty’s portrait with flowing hair, while other versions have different designs of Liberty.
5. Is the 1879 Stella Gold coin still in circulation?
No, the 1879 Stella Gold coin was never intended for circulation and was only produced as an experimental piece. It remains a rare collector’s item today.