The June 22 auction session of Spink USA's The Numismatic Collector's Series Sale includes a selection of United States coin patterns, including an 1879 Coiled Hair Stella $4 pattern struck in aluminum.
The sale is set to begin at 11 a.m. Eastern Time at 145 W. 57th St., 18th Floor, in New York City.
The reeded edge 1879 Coiled Hair $4 Stella pattern in aluminum is attributed as Judd 1640 in United States Pattern Coins by J. Hewitt Judd, edited by Q. David Bowers. Graded Proof 66 Cameo by Numismatic Guaranty Corp., the pattern carries an estimate of $80,000 to $120,000.
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Once part of the Lemus Collection, the pattern executed by U.S. Mint Engraver George T. Morgan depicts a rendition of Liberty with coiled hair on the obverse.
Inscribed around is 6★G★.3★S★.7★C★7★G★R★A★M★S★ and the date 1879 at bottom.
A five-pointed star on which is inscribed ONE / STELLA / 400 / CENTS occupies the center of the reverse. Inscribed around is UNITED STATES OF AMERICA, E PLURIBUS UNUM and DEO EST GLORIA.
Stellas were intended to be gold $4 coins. Two distinct designs were struck in both 1879 and 1880, one design depicing the Coiled Hair Liberty and the other depicting a Flowing Hair Liberty. The reverse was common to both types. The concept was not adopted and none were issued for circulation, though small numbers of patterns were struck in several different metals.
Also offered in the auction is an original annular 1850 cent pattern struck in a billon composition of 10 percent silver and 90 percent copper with a plain edge, attributed as Judd 119. The piece is graded Proof 64 by Professional Coin Grading Service.