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Coins and Medals Featuring the Robbins Collection of US Gold Coins

17 December 2013 | starting at 13:00 EST
Live Auction

Lot gallery

395 lots available

1879 Flowing Hair $4 Proof 62 Cameo NGC A classic design by George Morgan, founded in a proposal by Representative John Adam Kasson for international coinage. The bright, reflective surfaces exhibit a pronounced cameo effect against the frosted devices. An interesting note: NONE of the typical striations are present on the obverse, with only a couple visible on the reverse star under very close examination. Could this be one of the 15 Originals which supposedly show no striations that were allegedly coined in 1879? It is thought that somewhere between 400 and 800 additional examples were struck in 1880 for distribution to selected politicians and others. One of the most popular of all American coins, enough to make Stellas one of the few Patterns included among regular issue coins in most reference books, The Guidebook to U.S. Coins, a notable example. The Stellas are "international" not in their conformity to other world gold coins, but in the fact that they state their weight and the relative proportions of gold and silver on their face. Presumably, gold was more appreciated worldwide in 1879 than were U.S. dollars, thus it was easier to determine the value of 6 grams of pure gold than it was to convert $4 based on some market or government-imposed rate. Regardless of intent, the Stella experiment failed and was abandoned. Ultimately, the dollar became an international currency all on its own, not due to experiments such as this, but because of the strength and stability of U.S. markets. (PCGS 8057)

1128
1879 Flowing Hair $4 Proof 62 Cameo NGC
A classic design by George Morgan, founded in a proposal by Representative John Adam Kasson for international coinage. The bright, reflective surfaces exhibit a pronounced cameo effect against the frosted devices. An interesting note: NONE of the typical striations are present on the obverse, with only a couple visible on the reverse star under very close examination. Could this be one of the 15 Originals which supposedly show no striations that were allegedly coined in 1879? It is thought that somewhere between 400 and 800 additional examples were struck in 1880 for distribution to selected politicians and others. One of the most popular of all American coins, enough to make Stellas one of the few Patterns included among regular issue coins in most reference books, The Guidebook to U.S. Coins, a notable example.

The Stellas are "international" not in their conformity to other world gold coins, but in the fact that they state their weight and the relative proportions of gold and silver on their face. Presumably, gold was more appreciated worldwide in 1879 than were U.S. dollars, thus it was easier to determine the value of 6 grams of pure gold than it was to convert $4 based on some market or government-imposed rate. Regardless of intent, the Stella experiment failed and was abandoned. Ultimately, the dollar became an international currency all on its own, not due to experiments such as this, but because of the strength and stability of U.S. markets. (PCGS 8057)

Sold for US$146,250 inc. premium

1879 Flowing Hair $4 Proof 61 NGC The four dollar gold piece, or "Stella," (its official name per the enabling legislation) is one of the most prestigious and sought-after of all United States gold rarities. The derivation of the term Stella is one that, while often recapped in numismatic circles, is not completely understood by many. When gold coins were first struck in the Mint in 1795, they were based on a unit of value called the 'eagle.' The eagle, equal in value to ten dollars, had a factual design of an eagle on one side. If the eagle is worth ten dollars, it would follow that a half eagle would be worth half that amount, a quarter eagle two and a half dollars, and so on. The four dollar gold piece, when it was proposed in 1879-80 (the new denomination was the brainchild of John Kasson as an international metric coin), was meant to be a new base unit for gold coins. The planners decided on the name of Stella. Similar to the eagle and other gold coins based on the ten dollar gold standard, the statutory "Stella" has a star on the reverse, since 'Stella' means star in Latin. Charles Barber engraved the dies for the Flowing Hair Stella in 1879, although he modified a design earlier done by his father, William Barber, from the previous year (the father had died in August of 1879). A sparkling Proof example of a collectible quality for this beautiful design with nicely reflective fields supporting the raised, lightly frosted devices. Gleaming luster blends effortlessly with pale golden highlights on the satiny devices. Noted are some light roller lines through the portrait and star as on most of the issue. Sharp throughout; some minor hairlines and handling marks are visible under close scrutiny. Just a glance at the present lot will serve to underscore the reason bidders will eagerly vie for it. (PCGS 8057)

1129
1879 Flowing Hair $4 Proof 61 NGC
The four dollar gold piece, or "Stella," (its official name per the enabling legislation) is one of the most prestigious and sought-after of all United States gold rarities. The derivation of the term Stella is one that, while often recapped in numismatic circles, is not completely understood by many. When gold coins were first struck in the Mint in 1795, they were based on a unit of value called the 'eagle.' The eagle, equal in value to ten dollars, had a factual design of an eagle on one side. If the eagle is worth ten dollars, it would follow that a half eagle would be worth half that amount, a quarter eagle two and a half dollars, and so on. The four dollar gold piece, when it was proposed in 1879-80 (the new denomination was the brainchild of John Kasson as an international metric coin), was meant to be a new base unit for gold coins. The planners decided on the name of Stella. Similar to the eagle and other gold coins based on the ten dollar gold standard, the statutory "Stella" has a star on the reverse, since 'Stella' means star in Latin. Charles Barber engraved the dies for the Flowing Hair Stella in 1879, although he modified a design earlier done by his father, William Barber, from the previous year (the father had died in August of 1879).

A sparkling Proof example of a collectible quality for this beautiful design with nicely reflective fields supporting the raised, lightly frosted devices. Gleaming luster blends effortlessly with pale golden highlights on the satiny devices. Noted are some light roller lines through the portrait and star as on most of the issue. Sharp throughout; some minor hairlines and handling marks are visible under close scrutiny. Just a glance at the present lot will serve to underscore the reason bidders will eagerly vie for it. (PCGS 8057)

Sold for US$117,000 inc. premium

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