The purpose of the Stella coins was to create a denomination suitable for international trade, particularly with European countries where gold coins of various denominations were in use.
The 1880 Stella Gold $4 coin with Coiled Hair is an exceptionally rare and valuable piece of American numismatic history. The Stella series was an experimental coinage project initiated by the United States Mint in the late 19th century.
The Stella coins were proposed as part of a plan to create an international currency based on the metric system. The $4 denomination was chosen to be equivalent to the Austrian 8 florin coin, a popular trade coin at the time.
The Coiled Hair variety of the 1880 Stella Gold $4 coin refers to the design of Liberty's hair on the obverse side of the coin.
There are two distinct varieties of the 1880 Stella Gold $4: one with Flowing Hair and the other with Coiled Hair. The Coiled Hair variety features Liberty's hair in a more tightly wound coil compared to the Flowing Hair variety.
Despite its historical significance and rarity, the Stella coin never entered circulation, and only a small number of patterns were produced. The Coiled Hair variety is particularly scarce, with only a few dozen known to exist.
Due to their rarity and desirability among collectors, the 1880 Stella Gold $4 coins, especially those with the Coiled Hair variety, command high prices at auction and in the numismatic market.
They are highly sought after by collectors of both American coins and patterns, and their value can vary significantly depending on factors such as condition, provenance, and market demand.
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