Coin Specifications

Category: Gold Dollars (1849-1889)
Mint: Philadelphia
Mintage: 1,361,355
Catalog: KM-86
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Gold
Fineness: 0.9000
Weight: 1.6720g
AGW: 0.0484oz
Melt Value: $62.65 (5/6/2016)
Diameter: 15mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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.


GRADE SUMMARY

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Price Guide

Last Updated: 2/19/2016

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1862 G$1 MS
  GVGFVFXF5053555861626364656667686970
Base $ 130 140 180 250 290 300 310 345 390 525 570 725 1100 2450 3900 8450 33650 - -
$ - - 320 355 410 535 610 800 1475 - 5500 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 3047
Low Grade: G
Average Grade: 61
High Grade: 68


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/12/1999 NGC MS 60   Teletrade Auction 1153, 1153/Lot# 2206 $221.55
7/20/2004 NGC MS 65   Heritage Auctions 2004 July New York, NY Signature Sale #320, 320/Lot# 7970 $2,070.00
10/30/2008 NGC MS 65   David Lawrence Rare Coins Thursday - Internet Auction # 296, 302/Lot# 6514 $2,300.00
9/6/2009 PCGS AU 58   Goldberg September 6-8, 2009 Pre-Long Beach Coin and Currency Auction, 54/Lot# 3324 $258.75
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
6/8/2014 PCGS   GreatCollections GreatCollections Coin Auctions 06/08/2014, 202/Lot# 199233 $187.60
6/4/2015 PCGS MS 64   Heritage Auctions 2015 June 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach Session(5), 1221/Lot# 8159 $822.50


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 Collection
 
Grade: MS 64
Points: 2033
Owner: K M Lust
 
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