1862 $1 Indian Head Princess Type 3 Gold Dollar NGC AU58 About Uncirculated Coin

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An 1862 (Philadelphia Mint) $1 Indian Head Princess (Large Head) Type 3 gold dollar graded About Uncirculated 58 (AU-58) by NGC. This piece displays an original golden color/tone, nice light visible luster and excellent visible details. The total mintage for this date & mint: 1,361,355. Please view our photos for additional information and ask any questions PRIOR to purchase.
1862 $1 Indian Head Princess Type 3 Gold Dollar NGC AU58 About Uncirculated Coin

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Product Description

An 1862 (Philadelphia Mint) $1 Indian Head Princess (Large Head) Type 3 gold dollar graded About Uncirculated 58 (AU-58) by NGC. This piece displays an original golden color/tone, nice light visible luster and excellent visible details. The total mintage for this date & mint: 1,361,355. Please view our photos for additional information and ask any questions PRIOR to purchase.

Starting in 1854, James B. Longacre’s Liberty Head design was scrapped and his new design was implemented. The new obverse featured a profiled bust of Liberty depicted as an Indian Princess or Indian with a traditional feathered headdress. The reverse remained relatively the same, ‘1 DOLLAR’, and the date directly below. The wreath increased in size, inevitably increasing the diameter of the coin. Whereas the earlier Liberty Head design had a 13 mm diameter, the new Indian Head Princess featured a 15 mm diameter. In 1856, the size of Liberty’s head was enlarged, creating the Type 3 variety. All other parameters remained the same, .900 gold/ .100 copper composition, a net weight of .04837 oz. pure gold, total weight of 1.672 grams, and a reeded edge.

Additional Info

Denomination $1
Condition About Uncirculated
Grade Designation AU-58
Mint / Brand Philadelphia
Metal Type Gold
Aggregate Precious Metal Weight in oz 0.0484
SKU Gold:g-1862$1au58/3

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