1862 $1 Gold Indian Princess Head Type 3 NGC MS 61
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1862 $1 Gold Indian Princess Head Type 3 NGC MS 61
Step back into the Civil War era with the 1862 $1 Gold Indian Princess Head Type 3 NGC MS 61, an authentic example of America's smallest-denomination federal gold coin. Struck by the United States Mint at Philadelphia, this historic Gold Dollar was produced from .900 gold and contains approximately 0.0484 troy oz of actual gold weight. Certified Mint State 61 by NGC, the coin survives in uncirculated condition more than 160 years after its production. Its 1862 date, classic Indian Princess design, and pre-1933 gold status give this piece appeal well beyond its underlying gold content.
The United States introduced the $1 Gold Dollar in 1849, following major gold discoveries in California and the resulting expansion of the nation's gold supply. Although tiny in size, the denomination became an important and distinctive part of 19th-century American coinage.
By 1862, the country was engulfed in the American Civil War. Gold and silver coins increasingly disappeared from everyday circulation as people hoarded hard money during the economic uncertainty of the conflict. A surviving Mint State Gold Dollar from this period therefore offers collectors a tangible connection to one of the most consequential chapters in U.S. history.
Coin Specifications:
- Grade as MS 61 by NGC
- Contains 0.0484 troy oz of .900 fine gold
- Denomination: $1
- Produced by the US Mint
- Presented in an official NGC holder
- Obverse: Features Lady Liberty wearing a native headdress. Inscriptions include "UNITED STATES OF AMERICA."
- Reverse: Displays the denomination and year of mintage surrounded by a laurel wreath.
Why Collect This 1862 Gold Dollar?
- Civil War-Era Coin: Struck during one of the defining periods in American history.
- Classic Pre-1933 Gold: Own genuine 19th-century U.S. gold coinage.
- Popular Type 3 Design: Features Longacre's distinctive Indian Princess Head artwork.
- Historic Gold Denomination: Represents the smallest denomination of U.S. federal gold coinage.
Few gold coins pack as much American history into such a small format as the 1862 Gold Dollar. Struck while the Civil War was reshaping the nation and preserved today in NGC MS 61 condition, this coin offers something modern bullion cannot replicate: an original piece of 19th-century U.S. monetary history that has survived without entering circulation. Its Type 3 Indian Princess design, Civil War date, and certified Mint State preservation make the 1862 Gold Dollar a compelling acquisition for collectors seeking authentic pre-1933 American gold.
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