United States | |
Value | 4 United States dollars |
---|---|
Diameter | 22 mm |
Edge | reeded |
Composition | 85.7% gold, 4.3% silver, 10% copper |
Years of minting | 1879–1880 |
Mint marks | None, all were struck at the Philadelphia Mint. |
Obverse | |
Design | Liberty with flowing hair |
Designer | Charles E. Barber |
Design date | 1879 |
Design | Liberty with coiled hair |
Designer | George T. Morgan |
Design date | 1879 |
Reverse | |
Design | Star |
Designer | Charles E. Barber |
Design date | 1879 |
The United States four dollar coin, also officially called a Stella, is a unit of currency equivalent to four United States dollars.
It was originally minted as a coin tied to Latin Monetary Union standards, in preparation for possible U.S. entry to the Union. Two varieties of the Stella were made: Liberty with flowing hair, designed by Charles E. Barber, and with coiled hair, designed by George T. Morgan. [1] The flowing hair variety is the most commonly seen variety. Even though the coin was designed as a pattern coin, [2] similar to the Gobrecht dollar, many catalogs list the coin as a regular-issue item.
The Stella was a pattern coin produced to explore the possibility of joining the Latin Monetary Union (LMU); these patterns were produced in 1879 and 1880 at the urging of John A. Kasson, a former chairman of the United States House Committee on Coinage, Weights, and Measures. [3] The Stella was meant to contain a quantity of precious metal similar to that of the standard LMU gold piece, the twenty-franc Napoleon minted in France, Switzerland, and other LMU countries. However, the composition and weight of the Stella was not a precise match to the LMU standard: the total weight was 7 grams (rather than 6.45 grams), the gold content was 6 grams of fine gold (rather than 5.81 grams), and the coins were only .857 fine (rather than .900).
Two different designs obverse were produced: one with flowing hair; in the other the hair is coiled. Both bear the same inscription: "★6★G★.3★S★.7★C★7★G★R★A★M★S★" (the five-pointed glyph variant of the "★" is used) to indicate the metallic content of the coin, and the date. The reverse star had the inscriptions ONE STELLA and 400 CENTS, while the reverse rim had the legends UNITED STATES OF AMERICA and FOUR DOL., and circling the star but between its points were the legends E PLURIBUS UNUM ("Out of many, one") and DEO EST GLORIA ("To God is the glory").
The coin and the prospect of joining the Latin Monetary Union were rejected by Congress, [4] but not before several hundred restrikes of the Barber flowing hair design had been produced and sold to Congressmen at the cost of production. These later became a source of scandal when it was noted that a number of them ended up as jewelry pieces adorning the necks of madams operating some of Washington's most infamous bordellos.[ citation needed ]
Five examples of a pattern quintuple stella denominated at 20 dollars were produced in 1879 as well. These coins used a modified version of the then-current Liberty Head (Coronet) design of the double eagle, replacing the stars on the obverse with "★30★G★1.5★S★3.5★C★35★G★R★A★M★S★", and the motto IN GOD WE TRUST on the reverse with the same DEO EST GLORIA found on the reverse of the stella. [5]
Only 425 examples of the Stella were made. All 1880 coins are rare; 25 examples are known. [6]
The Monetary Convention of 23 December 1865 was a unified system of coinage that provided a degree of monetary integration among several European countries, initially Belgium, France, Italy and Switzerland, at a time when the circulation of banknotes in these countries remained relatively marginal. In early 1866, it started being referred to in the British press as the Latin Monetary Union, with intent to make clear that the United Kingdom would not join, and has been generally referred to under that name and the acronym LMU since then. A number of countries minted coins according to the LMU standard even though they did not formally join the LMU.
A double eagle is a gold coin of the United States with a denomination of $20. The coins are 34 mm × 2 mm and are made from a 90% gold and 10% copper alloy and have a total weight of 1.0750 troy ounces.
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Charles Edward Barber was an American coin engraver who served as the sixth chief engraver of the United States Mint from 1879 until his death in 1917. He had a long and fruitful career in coinage, designing most of the coins produced at the mint during his time as chief engraver. He did full coin designs, and he designed about 30 medals in his lifetime. The Barber coinage were named after him. In addition, Barber designed a number of commemorative coins, some in partnership with assistant engraver George T. Morgan. For the popular Columbian half dollar, and the Panama-Pacific half dollar and quarter eagle, Barber designed the obverse and Morgan the reverse. Barber also designed the 1883 coins for the Kingdom of Hawaii, and also Cuban coinage of 1915. Barber's design on the Cuba 5 centavo coin remained in use until 1961.
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The Flowing Hair dollar was the first dollar coin issued by the United States federal government. The coin was minted in 1794 and 1795; its size and weight were based on the Spanish dollar, which was popular in trade throughout the Americas.
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