1880 $4 Coiled Hair, CA PR (PCGS# 88060)

The Gold Rush Collection

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    Heritage Auctions
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Lot Description
1880 $4 Coiled Hair. Judd-1660. Pollock-1860. PR66 Cameo NGC. R.7. The Morgan design. Reeded Edge. An exceptional Cameo Proof with mirrored fields and frosted devices, some light mint frost visible in the reverse field. A few very faint hairlines are noted. Lovely gold with traces of purplish-copper hints particularly on the edge. This is a superb, sharply detailed specimen. In reviewing the NGC and PCGS population reports we note a total of three specimens which have been graded this high, with another three coins seen finer. This particular coin has a tiny planchet flake below the right leg of the M on the reverse, on the obverse there is a tiny flake in the field between Liberty's hair bun and the star between A and M. The obverse striations run roughly at a 70 degree descending angle and are present on Liberty's head. Obverse: Head of Liberty faces left, her hair coiled in a bun atop her head, this coil held in place by a band inscribed LIBERTY. Around, the inscription * 6 * G * .3 * S * .7 * C * 7 * G * R * A * M * S * and below, the date 1880 from a curved logotype. Evidence of repunching is visible in the upper loop of the second 8 in the date. Reverse: A single large star serves as the central motif, inscribed with incuse lettering ONE STELLA 400 CENTS. Around, in small letters, the mottoes E PLURIBUS UNUM and DEO EST GLORIA. In large letters, around the border, the legend UNITED STATES OF AMERICA above, and the denomination FOUR DOL. below. This is the same reverse die found on the gold stellas, with the D in UNITED doubled, the original impression above the final location. International coinage had been proposed before, with one relevant entry by Dana Bickford in 1874. Bickford was a New York businessman and the inventor of automatic knitting machines. After experiencing difficulty traveling through Europe and contending with various exchange rates, he devised a plan for international coinage based on the systems of several countries. The Bickford eagle ha
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