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$4 Dollar Gold Stella

$4 Stella
Designer: Charles E. Barber and George T. Morgan
Face Value: $4.00
Minted: 1879-1880
Precious Metal Content: .93 part gold, .07 parts copper and
silver
The $4 gold Stella is one of the most famous and coveted U.S.
coins. The Stella was minted in 1879 and 1880 in two types:
Charles E. Barber's Flowing Hair type and George T. Morgan's
Coiled Hair type. The coin was christened Stella because of
the five-point star adorning the reverse.
The Stella originated as a prototype for an international
coinage to closely approximate the value of common foreign
coinage. However, this pattern was never produced for
circulation, although instant collector demand prompted what
scarce mintage there was of this unusual denomination.
The coins had been given by the Mint Bureau to members of
Congress.
Today, these coins are extremely rare and very much in demand
as one of America's premier numismatic works of art. With a
tiny original mintage of just 460 coins, the Stella's have
always been regarded as rarities, but attrition and
circulation have reduced the number of investment-grade
examples to a mere handful.
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