Price: P.O.R - - SOLD - 7/29/2013* Free Shipping and Insurance for coins at $10K or above.
1862 G$1 (1862 Gold Dollar) PCGS AU55 CAC. Civil War Gold Dollar. This Civil War dated 1862 Gold Dollar comes in an OGH (Old Green Holder). Lots of mint luster remains on this piece giving it a considerable amount of eye appeal. The grade of AU55 is confirmed by CAC. The strike is unusually strong for the design type and date.
The first Indian Princess gold dollar showed a head of Liberty facing left wearing a stylized feathered headdress. It is inscribed LIBERTY on the headband. She is surrounded by the legend UNITED STATES OF AMERICA. The reverse shows an open wreath of corn, cotton, maple, and tobacco tied below with a bow. The wreath encircles the denomination, 1 DOLLAR, and the date. The problem with this coin was that it did not strike up well. To remedy this situation, Longacre designed the second Indian Princess type, of which the present coin is an example. Longacre lowered the relief and moved the obverse head so as not to be opposite a reverse relief area. This Gold Dollar is called the Large Size or Large Head.
The 1862 gold dollar had a mintage of 1,361,355 low by modern standards but high for Civil War times.
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