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: $94.52 (9/20/2020)
Diameter: 15mm
Edge: Reeded
Link to this coin

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: 9/18/2020

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

1862 G$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 130 140 200 240 260 300 310 335 365 430 455 490 710 860 2300 3900 8000 34000 - -
$ - - - - 385 - - 600 850 1350 2900 4300 - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 3212
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: 9/15/2020 1862 G$1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-1---1438763368973610074803021124681--3210
--------------1211----5
-------------3311--1---18
-----------------------
Total-1---1438763368973610104843151134791--3233
 -0%---0%0%0%0%2%10%3%23%31%15%10%3%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

Related Articles

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.