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: $62.00 (10/21/2017)
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.


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

GRADE SUMMARY

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Price Guide

Last Updated: 8/29/2017

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

1862 G$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 130 140 180 230 260 300 310 335 365 430 455 490 725 915 2300 3900 8750 33750 - -
$ - - - - 385 - - 600 850 1350 2900 4300 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 3119
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
11/4/2017 MS 64   Heritage Auctions 2017 November 2 - 4 US Coins Signature Auction - Dallas Session(5), 1261/Lot# 20251
11/4/2017 MS 64   Heritage Auctions 2017 November 2 - 4 US Coins Signature Auction - Dallas Session(5), 1261/Lot# 20253


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/18/2005 PCGS AU 55   Teletrade Auction 2028, 2028/Lot# 1965 $231.00
9/20/2007 NGC MS 62   David Lawrence Rare Coins Thursday - Internet Auction # 179, 185/Lot# 6011 $506.00
9/6/2009 PCGS AU 58   Goldberg September 6-8, 2009 Pre-Long Beach Coin and Currency Auction, 54/Lot# 3324 $258.75
1/5/2011 PCGS MS 61   Heritage Auctions 2011 January Tampa FUN Signature & Platinum Night US Coin Auction Session(7), 1151/Lot# 12337 $488.75
5/27/2012 NGC MS 65   Bonhams Coins and Medals, 19995/Lot# 1206 $1,521.00
5/12/2014 PCGS MS 62   Stack's Bowers iAuction 3481, 6030/Lot# 20735 $808.40
5/25/2014 PCGS MS 62   Stack's Bowers iAuction 3483, 6032/Lot# 22575 $616.88
8/31/2014 PCGS   GreatCollections GreatCollections Coin Auctions 08/31/2014, 189/Lot# 173929 $340.00
8/21/2016 NGC MS 62   Heritage Auctions Internet Coin Auction Session(2), 131635/Lot# 30407 $470.00


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
 
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