$4 Stella (1879-1880)
The $4 Stella was the United States attempt to develop a coin for International trade. The British sovereign, Italy's 20 lire, and the 20 pesetas of Spain were coins that were smaller than the $5 American coin and widely used in international trade.
The Stella was made as a pattern coin and never made it to full scale production. Two design types were presented to Congress. Charles E. Barber designed the flowing hair Stella, while George T. Morgan designed the coiled hair type.
Only 472 coins were struck in Proof Condition for both varieties making the $4 Stella extremely Rare in any condition.
Some recent auction prices realized for the Stella are
1879 Flowing Hair $333,500 Certified Proof - 67
1879 Coiled Hair $655,500 Certified Proof - 67
1880 Flowing Hair $264,500 Certified Proof - 65
1880 Coiled Hair $977,500 Certified Proof - 66
Historical events of the time.
At New York City's Madison Square Garden the first artificial ice rink in North America opens.
Women's rights: American President Rutherford B. Hayes signs a bill allowing female attorneys to argue cases before the Supreme Court of the United States.
Doc Holliday kills for the first time after a man shoots up Holliday's New Mexico saloon.
Thomas Edison demonstrates incandescent lighting to the public for the first time (Menlo Park, New Jersey).
In Menlo Park, New Jersey, Thomas Edison performs the first test of his electric railway.
First electric lamp factory opened by Thomas Edison.
Isle of Man becomes first political entity that allows women to vote.
Our recommended conditions are PCGS or NGC certified "AU 50 or better,"
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