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: $56.85 (2/6/2016)
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: 9/28/2015

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1862 G$1 MS
  GVGFVFXF5053555861626364656667686970
Base $ 130 140 180 250 290 300 310 345 405 625 700 1000 1300 2500 4350 7800 32500 - -
$ 295 - 320 360 435 635 775 1125 1625 2800 5500 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 3026
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
6/6/1998 NGC AU 55   Heritage Auctions 1998 June Long Beach Sale #187, 187/Lot# 6226 $1,092.50
3/24/2004 NGC MS 66   Heritage Auctions 2004 March Portland, OR Signature Sale #344, 344/Lot# 6068 $2,127.50
6/27/2005 NGC MS 62   David Lawrence Rare Coins Auction 43: The Cook Family Collection, 47/Lot# 1282 $661.25
7/16/2007 NGC MS 61   Teletrade Auction 2395, 2395/Lot# 2649 $358.40
2/10/2008 PCGS MS 64   Goldberg February 10-13, 2008 Pre-Long Beach Coin and Currency Auction, 44/Lot# 2286 $1,323.00
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 64   Bonhams Coins and Medals, 19995/Lot# 1207 $819.00
10/17/2012 PCGS AU 58   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 25153 $282.00
6/8/2014 PCGS   GreatCollections GreatCollections Coin Auctions 06/08/2014, 202/Lot# 199233 $187.60


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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