PCGS PR65
- PCGS #:
- 8059
- Designer:
- Charles E. Barber
- Edge:
- Reeded
- Diameter:
- 22.00 millimeters
- Weight:
- 7.00 grams
- Mintage:
- 35
- Mint:
- Philadelphia
- Metal:
- 86% Gold, 4% Silver, 10% Copper
- Auction Record:
- $959,400 • PR67 • 09-23-2013 • Bonham's
Rarity and Survival Estimates Learn More
| Survival Estimate | |
|---|---|
| All Grades | 24 |
| 60 or Better | 22 |
| 65 or Better | 13 |
| Numismatic Rarity | |
|---|---|
| All Grades | R-9.0 |
| 60 or Better | R-9.0 |
| 65 or Better | R-9.4 |
| Relative Rarity By Type All Specs in this Type | |
|---|---|
| All Grades | 1 / 2 |
| 60 or Better | 1 / 2 |
| 65 or Better | 1 / 2 |
| Relative Rarity By Series All Specs in this Series | |
|---|---|
| All Grades | 3 / 4 |
| 60 or Better | 3 / 4 |
| 65 or Better | 3 / 4 |
Condition Census What Is This?
| #1 PR67 PCGS grade |
#2 PR66 PCGS grade
Sherwood Boyd Collection - Stack's 5/1985:1343, $63,250 - Dr. Jack Adams Collection - Superior 5/1992:2673, $91,850 - Heritage 4/2015:5300, $517,000 |
|
#2 PR66+ PCGS estimated grade
Dr. John E. Wilkison Collection (via David W. Akers and Mike Brownlee prior to 1973) - H. Jeff Browning Collection ("The Dallas Bank Collection") - Sotheby's/Stack's 11/2001:362, $241,500 - Bonham’s 9/2013:1010, $959,400 |
| #4 PR65 PCGS grade |
| #4 PR65 PCGS grade |
| #4 PR65 PCGS grade |
| #4 PR65 PCGS grade |
| #4 PR65 PCGS grade |
| #4 PR65 PCGS grade |
| #4 PR65 PCGS grade |
A reported 15 specimens of this pattern were struck, but since there are more specimens known than that and since a number of them have the same light adjustment marks on the head as the known restrikes of 1879, one might naturally conclude that this pattern was restruck as well. However, correctly used, the term "restrike" refers to a piece struck in a year later than its date, and in my opinion. this was not the case with the 1880 flowing hair stella. It hardly seems likely that specimens of the 1880 flowing hair stella would have been struck in 1881 or later. The idea of a metric coin was dead and besides, as late as October 12, 1880, there were still 150 unsold 1879 flowing hair stellas in the vaults of the Mint. I think it is much more reasonable to assume that the additional quantity of 1880 flowing hair stellas was struck after the initial 15 pieces was actually struck later in 1880, making the use of the term "restrike" incorrect. I would estimate that 25 1880 flowing hair stellas are known. This means that this pattern is 12 to 15 times as rare as the 1879 flowing hair stella, yet surprisingly, it usually brings less than twice as much when offered at public auction.
This coin is one of the top three finest known 1880 Flowing Hair Four Dollar Gold, of the less than twenty known coins of this date with Flowing Hair. This is the rarest of the Flowing Hair variety, which was only struck in 1879 and 1880. It is also the only date and variety which is struck with a small date, the 1879 Flowing and Coiled Hair varieties and the 1889 Coiled Hair coins are all struck with the same size larger date.
An 1880 Flowing Hair Stella made its first known auction appearance in Sampson’s 12/29/1885 Auction Sale in lot 583. Since that sale until the current September, 2013 auction I have observed only 95 auction appearances of this date and variety.