Coin Specifications

Category: Gold Dollars (1849-1889)
Mint: Philadelphia
Mintage: 1,361,355
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Gold
Fineness: 0.9000
Weight: 1.6700g
AGW: 0.0484oz
Melt Value: $73.51 (9/21/2019)
Diameter: 15mm
Edge: Reeded
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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.


Note: This coin is commonly targeted by counterfeiters. Learn more here.

GRADE SUMMARY

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Price Guide

Last Updated: 8/16/2019

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

1862 G$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 130 140 190 234 260 300 310 335 365 430 455 490 710 860 2300 3900 8000 33750 - -
$ - - - - 385 - - 600 850 1350 2900 4300 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 3178
Low Grade: G
Average Grade: 61
High Grade: 68

The chart showing G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 9/17/2019 1862 G$1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-1---1438713258572510064773021124691--3176
--------------1211----5
-------------3311------17
-----------------------
Total-1---1438713258572510094813151134791--3198
 -0 %---0 %0 %0 %0 %2 %10 %3 %23 %32 %15 %10 %4 %1 %0 %0 %-- 
1862 G$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------1-1-------2
-----------------------
-----------------------
-----------------------
Total------------1-1-------2
 ------------50 %-50 %------- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/3/2004 NGC MS 64   Heritage Auctions 2004 June Long Beach Signature Sale #349, 349/Lot# 8637 $1,265.00
10/30/2006 NGC MS 63   David Lawrence Rare Coins Internet Auction # 111, 116/Lot# 1641 $759.00
7/28/2008 PCGS AU 55   Teletrade Auction 2563, 2563/Lot# 2195 $280.00
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 65   Bonhams Coins and Medals, 19995/Lot# 1206 $1,521.00
9/6/2012 NGC AU 58   Heritage Auctions 2012 September 6-9 US Coins Signature Auction- Long Beach Session(5), 1174/Lot# 9545 $352.50
10/17/2012 PCGS AU 58   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 25152 $458.25
1/27/2013 PCGS AU 58   GreatCollections GreatCollections Coin Auctions 01/27/2013, 59/Lot# 97596 $324.50


NGC Registry

NGC Registry Score 1862 G$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base2442682953203955155325515725866076206741081137515782401300942295950851712391
252277303345435520538558576593611638809117914421852260334154802680598080
000000538558576593611638809117914421852260334154802680500
000000544565581600615656945127715102126280638225376766100
Registry Image Gallery
Grade: MS 65
Points: 2401
Owner: Electric Peak
 
Grade: MS 64
Points: 1578
Owner: K M Lust
 
View the Registry Image Gallery

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