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: $51.18 (11/28/2015)
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 NGC 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: 9/25/2015

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

1861 D G$1 MS
Base $ 5250 6500 9500 13000 31000 51500 59000 65000 70000 91500 110000 147500 175000 260000 - - - - -
$ - - - - - - - - - - - - -

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Total Graded: 27
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
11/7/2003 PCGS MS 63   Heritage Auctions 2003 November Signature Sale #334, 334/Lot# 7072 $52,900.00
1/3/2012 NGC AU 50   Heritage Auctions 2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando Session(5), 1166/Lot# 4706 $12,650.00
8/2/2012 NGC Details AU Details  Heritage Auctions 2012 August 2-5 US Coins Signature Auction- Philadelphia Session(3), 1173/Lot# 4420 $9,400.00
11/11/2012 PCGS AU 55   David Lawrence Rare Coins Internet Auction # 725, 734/Lot# 1126 $66,500.00
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
1/8/2014 PCGS AU 58   Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(3), 1201/Lot# 5350 $55,812.50

NGC Registry

NGC Registry Score 1861 D G$1 MS
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