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1862 $3 Indian Princes

Gold Coins · $3 Indian Princess · 1854–1889
Weight 5.015 grams
Diameter 20.5 mm
Mint Philadelphia
Mintage 5,785
Edge Reeded
Alignment ↑↓ Coin
Composition 90% Gold, 10% Copper
Melt Value $680.64 (spot as of )
Designer James B. Longacre
Collector's Key IDCK-5638
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About this coinHistory

Philadelphia delivered 5,785 three-dollar gold pieces in 1862. Gold traded at a premium over greenbacks, and the coins served financial purposes with no domestic circulation. PCGS estimates roughly 50 to 75 survive. The 1862 is scarce. Most grade between Fine and EF. The Civil War context adds historical interest. The war continued, and gold traded at a substantial premium over the greenbacks that replaced coins in everyday commerce. The coin's scarcity is well documented in numismatic references. Problem-free examples with honest wear and no damage carry premiums reflecting the limited supply available to collectors. Authentication and certification by PCGS or NGC are recommended for any example offered at a significant premium.

Price GuideTypical retail prices for problem-free examples.
Educational
GradeDescriptionTypical Price
G-4 Good (G)
VG-8 Very Good (VG)
F-12 Fine (F)
VF-20 Very Fine (VF) $1,560–$1,800
EF-40 Extremely Fine (EF) $2,465–$2,845
AU-50 About Uncirculated (AU) $3,630–$4,190
MS-60 Uncirculated (MS) $7,130–$8,225
MS-63 Choice Uncirculated (MS) $21,220–$22,470

This table is for educational purposes only and is intended to illustrate general market price trends and pricing steps between grades. Actual market conditions may vary significantly, especially for rarer pieces that often command premiums above the ranges shown here.

Other Varieties & References
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Key Varieties

No major varieties are known for this issue.

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