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: $79.62 (2/21/2020)
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: 1/17/2020

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

1862 G$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 130 140 190 240 260 300 310 335 365 430 455 490 700 860 2300 3900 8000 34000 - -
$ - - - - 385 - - 600 850 1350 2900 4300 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 3191
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: 2/18/2020 1862 G$1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-1---1438723268573110084803031124681--3189
--------------1211----5
-------------3311--1---18
-----------------------
Total-1---1438723268573110114843161134791--3212
 -0%---0%0%0%0%2%10%3%23%31%15%10%4%1%0%0%-- 
1862 G$1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------1-1-------2
-----------------------
-----------------------
-----------------------
Total------------1-1-------2
 ------------50%-50%------- 

NGC Registry

NGC Registry Score 1862 G$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base43445047759769274578382083888293310361073112414041568264334064694831590229771
43945951762971075879582685389996710481090121714591926289738355901855192720
00000079582685389996710481090121714591926289738355901855100
000000808832867916100210611107131115132285315242657108878600
Registry Image Gallery
Grade: MS 65
Points: 2643
Owner: Electric Peak
 
Grade: MS 64
Points: 1568
Owner: K M Lust
 
View the Registry Image Gallery

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