Coin Specifications

Category: Gold Dollars (1849-1889)
Mint: Dahlonega
Mintage: 1,250
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: $58.12 (3/27/2015)
Diameter: 15mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1861 D G$1 MS obverse 1861 D G$1 MS reverse

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There are no varieties for this coin.

Description & Analysis

The 1861-D is the rarest and most famous gold dollar from this Southern mint. It is also the single most coveted coin from Dahlonega, as it is the only regular issue that was produced entirely by the Confederacy. After the Mint was seized in April 1861, between 1,000 and 1,500 examples were struck by CSA forces. It is unlikely that more than five to six dozen are known today. Interestingly, more of these exist in high grade than one might expect, and there are probably more than a dozen pieces in Uncirculated. Winter writes in the second edition of Gold Coins of the Dahlonega Mint that 'the number of high grade specimens is greater than normal for an issue with this small a mintage, suggesting the existence of a small hoard.' It is not at all a stretch of the imagination to suggest that some Confederate officer, or some involved with the production of these fabled coins, kept a handful of souvenirs of what must have been a momentous occasion for those involved: a tangible association in golden metal of the rift that was dividing the fabric of a nation. This issue has a distinct appearance that contributes in part to the charm of the 1861-D gold dollar. It is always found with a weak strike on the obverse.

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


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Price Guide

Last Updated: 3/20/2015

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

1861 D G$1 MS
Base $ 5250 6500 9500 13000 31000 31000 50000 57500 63500 70000 75000 87500 105000 145000 165000 260000 - - - - -
$ 35000 - - - - - - - - - - - - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Total Graded: 28
Low Grade: 40
Average Grade: 58
High Grade: 65

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
6/4/1995 PCGS AU 55   Heritage Auctions 1995 June Long Beach Sale #137, 137/Lot# 5814 $13,200.00
11/7/2003 PCGS MS 63   Heritage Auctions 2003 November Signature Sale #334, 334/Lot# 7072 $52,900.00
4/6/2006 NGC MS 65   Heritage Auctions 2006 April Atlanta, GA (ANA) Signature Auction #402, 402/Lot# 1493 $138,000.00
1/3/2007 NGC MS 64   Heritage Auctions 2007 January Orlando, FL (FUN) Signature Coin Auction #422, 422/Lot# 3362 $86,250.00
11/11/2012 PCGS AU 55   David Lawrence Rare Coins Internet Auction # 725, 734/Lot# 1126 $66,500.00
4/24/2013 NGC AU 55   Heritage Auctions 2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago Session(5), 1184/Lot# 4441 $49,937.50
6/5/2013 PCGS MS 63   Heritage Auctions 2013 June 5 - 9 US Coin Signature Auction - Long Beach Session(3), 1186/Lot# 4697 $111,625.00

NGC Registry

NGC Registry Score 1861 D G$1 MS
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