Coin Specifications

Category: Gold Dollars (1849-1889)
Mint: Philadelphia
Mintage: 1,361,355
Catalog: KM-86
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Gold
Fineness: 0.9000
Weight: 1.6720g
AGW: 0.0484oz
Melt Value: $58.80 (9/22/2014)
Diameter: 15mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1862 G$1 MS obverse 1862 G$1 MS reverse


  
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Description & Analysis

The U.S. Mint tried vainly to keep coins in circulation in 1862, as the hostilities between North and South made the outcome of the 'great conflict' increasingly in doubt. Silver and gold coins disappeared first, and by July 15 even Indian Head cents had vanished from circulation. The Mint pumped out more than 1.3 million gold dollars, but most of them were hoarded, to reappear only decades later, if at all.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 4/16/2014

Click on a price to see historical prices, comparison charts and trends.

1862 G$1 MS
  GVGFVF4045505355586061626364656667686970
Base $ 130 140 180 250 290 290 300 310 345 405 565 680 775 1025 1250 2500 4350 7400 - - -
$ 295 310 320 360 435 585 710 810 1125 1625 2800 5150 9000 -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 2984
Low Grade: G
Average Grade: 61
High Grade: 68


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/10/1998 NGC MS 61   Teletrade Auction 1057, 1057/Lot# 2054 $263.75
6/27/2005 NGC MS 62   David Lawrence Rare Coins Auction 43: The Cook Family Collection, 47/Lot# 1282 $661.25
12/2/2007 PCGS MS 64   Heritage Auctions Sunday Internet Coin Auction #67122, 67122/Lot# 24410 $1,380.00
2/1/2009 PCGS MS 65   Goldberg February 1-4, 2009 Pre-Long Beach Coin and Currency Auction, 51/Lot# 1334 $2,012.50
1/5/2011 PCGS MS 61   Heritage Auctions 2011 January Tampa FUN Signature & Platinum Night US Coin Auction Session(7), 1151/Lot# 12337 $488.75
10/2/2011 PCGS MS 63   GreatCollections GreatCollections Coin Auctions 10/02/2011, 138/Lot# 19005 $880.00
5/27/2012 NGC MS 64   Bonhams Coins and Medals, 19995/Lot# 1207 $819.00
1/9/2013 NGC AU 58   Heritage Auctions 2013 January 9-13 US Coin FUN Signature Auction - Orlando Session(9), 1181/Lot# 12687 $270.25
4/1/2014 PCGS AU 55   Stack's Bowers March 2014 Baltimore Auction, 6008/Lot# 8042 $364.25


NGC Registry

NGC Registry Score 1862 G$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base2442682953203955155325515725866076206741081137515782401300942295950851712391
252277303345435520538558576593611638809117914421852260334154802680598080
000000538558576593611638809117914421852260334154802680500
000000544565581600615656945127715102126280638225376766100
Registry Image Gallery
Grade: MS 65
Points: 2754
Owner: Electric Peak Collection
 
Grade: MS 64
Points: 2033
Owner: K M Lust
 
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