Coin Specifications

Category: Liberty Head $5 (1839-1908)
Mint: Philadelphia
Mintage: 4,430
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 8.3600g
AGW: 0.2419oz
Melt Value: $428.65 (7/9/2020)
Diameter: 21.6mm
Edge: Reeded
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1862 $5 MS obverse 1862 $5 MS reverse
Images Courtesy of Heritage Auctions (HA.com)
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Description & Analysis

Unlike the smaller 1862 gold issues, production of P-mint half eagles through double eagles from this Civil War year was well below traditional levels. To illustrate this decrease, business strike fives were reduced from more than 688,000 pieces in 1861 to a mere 4,430 business strikes in 1862. This limited production of half eagles at the Philadelphia facility would continue until after Reconstruction. The average grade of surviving '62-P fives indicates that most saw extensive commercial use, with pieces grading XF or lower being far more prevalent than higher graded examples. Known Mint State pieces can be counted on one hand.

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: 9/4/2019

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1862 $5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 1150 1500 2500 5000 8450 10000 12250 13000 20000 25000 37500 45000 - - - - - - - -
$ - - - - 21000 - - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 42
Low Grade: VF
Average Grade: 53
High Grade: 62

The chart showing VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series.
NGC CENSUS DETAIL Last Updated: 7/7/2020 1862 $5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----234261581-1--------42
-----------------------
----------1-----------1
-----------------------
Total----234261591-1--------43
 ----5%7%9%5%14%35%21%2%-2%-------- 

NGC Registry

NGC Registry Score 1862 $5 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base1644169719412233319847015015563361276757714476468247894933333333
1662177820382555369948065221579863376886731178468481894933333330
0000005221579863376886731178468481894933333300
0000005427596265477015747980478715894933333300
1862 $5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1558160918432124305745124817541758976509688673747960864433333333
1575168719372435354246145017557761016635704975698188864433333330
0000005017557761016635704975698188864433333300
0000005217573763056760721177658416864433333300
Registry Image Gallery
Grade: MS 60
Points: 7374
Owner: Tim Stl
 
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