Coin Specifications

Category: Gold Dollars (1849-1889)
Mint: Philadelphia
Mintage: 3,725
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: $63.35 (7/26/2014)
Diameter: 15mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1865 G$1 MS obverse 1865 G$1 MS reverse


  
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Description & Analysis

The 1865 gold dollar boasts a minuscule mintage of 3,725 pieces. Among Philadelphia Mint issues it ranks as the second-rarest gold dollar, behind the 1863. The few 19th century collectors who systematically pursued collections of gold coins usually opted for proof specimens to fill their date runs, but only 25 gold proof sets were produced in 1865. Consequently, a few spectacular Mint State coins (such as the present example) were saved by collectors who could not obtain a proof example at the time of issue.

Early numismatists often noted the elusive nature of the 1865, as the cataloger did in the William H. Woodin Collection (Elder, 3/1911), lot 878, '1865. Brilliant uncirculated. Coinage given as only 3,725 pieces, being several thousand less than coined in either 1863, or 1864. The price realized for this sale should be correspondingly large.' Elder was not disappointed, as the lot realized $47, a large sum at the time.

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.

1865 G$1 MS
  GVGFVF4045505355586061626364656667686970
Base $ 250 300 400 500 725 725 1050 1250 1375 1600 2100 3150 3650 4000 6150 8850 15850 30000 47500 - -
$ 775 1150 1325 1475 1750 2450 3450 3900 4850 7500 10000 18000 24600 -
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Census

 
NGC GRADE SUMMARY

Total Graded: 38
Low Grade: 53
Average Grade: 62
High Grade: 67


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Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/30/1997 NGC AU 53   Teletrade Auction 0958, 958/Lot# 1891 $685.75
2/21/2002 PCGS MS 67   Heritage Auctions 2002 February Long Beach Signature Sale #284, 284/Lot# 6686 $11,500.00
1/31/2010 PCGS AU 53   Goldberg January 31 - February 3, 2010 Pre-Long Beach Coin and Currency Auction, 57/Lot# 2061 $1,380.00
8/11/2010 PCGS MS 67   Heritage Auctions 2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143, 1143/Lot# 3386 $37,375.00
11/3/2010 NGC MS 66   Stack's Bowers The November 2010 Baltimore Auction, 44/Lot# 4762 $8,625.00
8/11/2011 NGC MS 66   Heritage Auctions 2011 August Chicago Signature US Coin & Platinum Night Auction Session(5), 1158/Lot# 7413 $12,650.00
8/2/2012 NGC MS 62   Heritage Auctions 2012 August 2-5 US Coins Signature Auction- Philadelphia Session(3), 1173/Lot# 4425 $2,702.50


NGC Registry

NGC Registry Score 1865 G$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base5275706156637931066115512391463159617761886208723682754344740804565556385841161316001
541585631706884109511831313150716561812195321802496298536584241489765709593130750
0000001183131315071656181219532180249629853658424148976570959300
00000012111388155117161849202022742625321638694403523075771060300
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