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Lear Capital Assembles Gold Coin Set; Sold for $6.5 Million
June 10, 2008

LOS ANGELES, June 10 /PRNewswire/ -- Lear Capital, the West Los Angeles- based precious metals company has assembled the world's finest known gold coin set that includes four of all the finest known coins. A collector has commissioned the four coins to create one of the most expensive sets available. The set is valued at more than $6.5 million.

To complete the set, Lear spent three years trying to obtain an 1880 Coiled Hair Four Dollar Stella for its client, a prominent New York businessman who collects rare coins. Lear obtained the "Four Dollar Stella" in late 2007. As one-of-only-eight known, this 1880 Coiled Hair Four Dollar Stella is the finest known and valued at more than $3 million.

The Numismatic Guaranty Corporation (NGC), the official grading service of the American Numismatic Association and a provider of third-party coin grading services, graded all four coins. The set can be viewed online at http://www.ngccoin.com/stella.

"We relied upon the Numismatic Guaranty Corporation and their expertise in grading to help assemble the set "It is a gorgeous and impressive set that contains so much American history."

The "Four Dollar Stella" completes a set that contains an 1879 Flowing Hair (425 known), 1879 Coiled Hair (12 known), and an 1880 Flowing Hair (17 known). The set contains the finest known examples of each date.

The Stella was one of many proposals made to Congress for an International Trade Coin and only one of several that made it in pattern-coin form. Some of the finest known Stella specimens are housed in the National Numismatic Collection in the Smithsonian Institute while the others are in private collections.

PRNewswire


Lear Capital Assembles Gold Coin Set; Sold for $6.5 Million

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