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1862
| Weight | 1.672 g |
| Diameter | 15 mm |
| Mint | Philadelphia |
| Strike | Circulation strike |
| Mintage | 1,361,390 |
| Edge | Reeded |
| Alignment | ↑↓ Coin |
| Composition | 90% Gold, 10% Copper |
| Melt value | — |
| Designer | James B. Longacre |
| Collector's Key ID | CK-5280 |
Collection
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No additional varieties recorded for this strike.
External references
Philadelphia produced 1,361,390 gold dollars in 1862, the highest output since 1856 and a figure that seems paradoxical given that gold coins had disappeared from circulation the previous year. The explanation lies in export demand and Treasury operations. Gold was needed for international trade settlements, customs duties (which were payable in gold), and government bond transactions. The gold dollar served as a convenient unit for these purposes even though it no longer passed hand to hand in domestic commerce.
The 1862 is one of the more common Civil War-era gold dollars. Circulated examples are plentiful, and Uncirculated coins with original surfaces appear at auction regularly. The coin's high mintage and strong survival rate make it one of the most accessible dates in the 1860s portion of the series. For type collectors seeking an affordable Civil War-era gold dollar, the 1862 is a practical choice.
Reference data only — not an appraisal.
| Grade | Description | Low | High |
|---|---|---|---|
| G-4 | Good (G) | — | — |
| VG-8 | Very Good (VG) | — | — |
| F-12 | Fine (F) | — | — |
| VF-20 | Very Fine (VF) | $310 | $355 |
| EF-40 | Extremely Fine (EF) | $310 | $360 |
| AU-50 | About Uncirculated (AU) | $320 | $370 |
| MS-60 | Uncirculated (MS) | $475 | $545 |
| MS-63 | Choice Uncirculated (MS) | $895 | $945 |
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