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: $61.17 (5/22/2017)
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.


GRADE SUMMARY

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Price Guide

Last Updated: 5/19/2016

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

1862 G$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 130 140 180 250 280 285 335 350 375 435 485 550 685 1050 2450 3700 13500 34000 - -
$ - - 340 360 400 - - 580 800 1400 - 5500 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 3100
Low Grade: G
Average Grade: 61
High Grade: 68


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
6/11/2017 MS 65   Heritage Auctions 2017 June 8 - 11 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1256/Lot# 4717


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
7/16/2000 PCGS AU 58   Teletrade Auction 1333, 1333/Lot# 1468 $200.45
10/30/2008 NGC MS 65   David Lawrence Rare Coins Thursday - Internet Auction # 296, 302/Lot# 6514 $2,300.00
2/1/2009 PCGS MS 65   Goldberg February 1-4, 2009 Pre-Long Beach Coin and Currency Auction, 51/Lot# 1334 $2,012.50
11/6/2011 NGC Details AU Details  Heritage Auctions Internet Coin Auction Session(1), 131146/Lot# 24466 $207.00
12/8/2011 NGC AU 55   Heritage Auctions 2011 December 8-11 US Coins Signature Auction- New York Session(5), 1162/Lot# 9656 $253.00
5/27/2012 NGC MS 65   Bonhams Coins and Medals, 19995/Lot# 1206 $1,521.00
4/14/2014 PCGS MS 62   Stack's Bowers iAuction 3477, 6026/Lot# 20703 $808.40
10/12/2014 PCGS   GreatCollections GreatCollections Coin Auctions 10/12/2014, 190/Lot# 173929 $340.00
9/9/2016 NGC MS 65   Heritage Auctions 2016 September 9 - 12 The Twelve Oaks Collection Signature Auction Session(2), 1244/Lot# 13277 $6,462.50


NGC Registry

NGC Registry Score 1862 G$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base2442682953203955155325515725866076206741081137515782401300942295950851712391
252277303345435520538558576593611638809117914421852260334154802680598080
000000538558576593611638809117914421852260334154802680500
000000544565581600615656945127715102126280638225376766100
Registry Image Gallery
Grade: MS 65
Points: 2754
Owner: Electric Peak
 
Grade: MS 64
Points: 2033
Owner: K M Lust
 
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