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1861 Proof

Gold Coins · Indian Princess (Large Head) Gold Dollars · 1856–1889
Regular Proof
Weight1.672 g
Diameter15 mm
MintPhiladelphia
StrikeProof
Mintage 527,499
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerJames B. Longacre
Collector's Key IDCK-5276

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About this coinHistory

The 1861 proof gold dollar was struck at Philadelphia during the first year of the Civil War. Proof production continued at the Mint despite the national crisis. Fort Sumter fell in April, and the country mobilized for war, but the small group of collectors who purchased proof sets maintained their orders. Estimated proof mintage is 175 to 250 coins, representing an increase in collector demand that coincided, paradoxically, with the beginning of gold coin hoarding that would pull the denomination from circulation.

The 1861 proof is more available than pre-war proof gold dollars, reflecting the higher mintage. Well-preserved examples with original surfaces and cameo contrast between fields and devices are the most desirable. The coin serves as a proof counterpart to the historically significant 1861 business strike and the rare 1861-D Confederate-authority coin.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
PR-63 Proof (PR)
Frequently Asked QuestionsFAQ
How many 1861 Proof Indian Princess (Large Head) Gold Dollars were minted?
527,499 were struck.
What is a 1861 Proof Indian Princess (Large Head) Gold Dollar made of?
90% Gold, 10% Copper, weighing 1.672 g.
What is the melt value of a 1861 Proof Indian Princess (Large Head) Gold Dollar?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1861 Proof Indian Princess (Large Head) Gold Dollar a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.