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: $55.98 (10/9/2015)
Diameter: 15mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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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.


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Price Guide

Last Updated: 9/28/2015

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

1862 G$1 MS
Base $ 130 140 180 250 290 300 310 345 405 625 700 1000 1300 2500 4350 7800 32500 - -
$ 295 - 320 360 435 635 775 1125 1625 2800 5500 - -

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: 3014
Low Grade: G
Average Grade: 61
High Grade: 68

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
5/28/2006 PCGS AU 50   Goldberg May 28-31, 2006 Pre-Long Beach Coin and Currency Auction, 36/Lot# 576 $253.00
4/24/2008 NGC MS 66   David Lawrence Rare Coins Thursday - Internet Auction # 241, 247/Lot# 6145 $3,680.00
6/17/2010 NGC MS 61   Stack's Bowers The June 2010 Baltimore Auction, 41/Lot# 3490 $402.50
1/29/2012 PCGS MS 65   Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 1129 $2,242.50
5/27/2012 NGC MS 64   Bonhams Coins and Medals, 19995/Lot# 1207 $819.00
6/5/2012 NGC MS 63   Teletrade Auction 3289, 3289/Lot# 1381 $615.00
2/24/2013 PCGS MS 62   GreatCollections GreatCollections Coin Auctions 02/24/2013, 63/Lot# 101881 $749.10
8/4/2013 PCGS MS 63   GreatCollections GreatCollections Coin Auctions 08/04/2013, 86/Lot# 131251 $733.33
11/14/2014 NGC MS 63   Heritage Auctions 2014 November 14 - 15 Selections from the Eric P. Newman Collection Part V US Coins Signature Auction - New York Session(2), 1215/Lot# 7357 $1,057.50

NGC Registry

NGC Registry Score 1862 G$1 MS
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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