1862 coin value

1862 coin value DEFAULT

1862 Seated Liberty Silver Dollar

1862 Liberty Seated dollars are extremely scarce 19th-century type silver coins that are collected by rare coin connoisseurs and those who appreciate classic United States type coinage. The 1862 Seated Liberty dollar is indeed every bit a numismatic treasure as it was made during the Civil War and was produced in very small quantities.

Only 11,540 business strikes were made, along with 550 proof specimens. Either is considerably scarce. Values for the 1862 Seated Liberty dollar range from $700 in a grade of Very Good-8 to $3,600 in Mint State-60. Prices for an 1862 proof dollar are in the range of $5,000.

Mintage of 1862 dollars was handled at only the Philadelphia Mint, though Liberty Seated dollars were struck at several branch facilities over the course of their 1840-1873 production; these branch mints include the Carson City, New Orleans, and San Francisco Mints. Christian Gobrecht designed the Liberty Seated dollar in 1840, and the design is shared with U.S. silver coins of other denominations, including the half dime, dime, quarter, and half dollar.

Liberty Seated silver dollars were widely circulated during the 1840s and 1850s, though by the 1860s the majority of their use was in foreign trade channels. This was due to the rising value of silver, which was the basis of foreign exchange in the 19th century and was important as the price of silver increased in the 1860s.

Liberty Seated dollars consist of a 90 percent silver and 10 percent copper composition. They weigh 26.73 grams and contain 0.77344 ounces of pure silver. Their diameter measures 38.1 millimeters, which is the same width as the widely encountered Morgan and Peace silver dollars that were struck by the United States Mint during the latter 19th and early 20th centuries.

Other Years From This Coin Series

Sours: https://coinvalues.com/seated-liberty-silver-dollar/1862

Value of 1862 $20 Gold Coin

Value of 1862 $20 Gold Coin

The 1862 $20 double eagle often displays a softness to the majority of Libertys hair elements on the obverse, though the reverse remains moderately sharp. The natural luster is generally frosty, with prooflike reflectivity evident on some higher grade examples. Fewer than 200 pieces survive from this low-mintage issue out of Philadelphia, the majority of which can be found in VF and EF grades. It becomes very scarce in AU, at which level just about three dozen coins are thought to exist. An estimated 20 to 30 Mint State coins are known, the finest of these being a single MS-64 certified by NGC. About a third of the original Proof mintage of 35 pieces is thought to remain, with a Proof-65+ Deep Cameo (PCGS) from the Loewinger Collection ranking as the finest known.


Sours: https://coinappraiser.com/coins/value-of-1862-20-gold-coin/
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1862 Silver Three-Cent Piece

For collectors, there are few coins more desirable than an 1862 Silver Three-Cent Piece. This unusual, unique coin was produced during the late 19th century and went out of existence during the same exact time period. Because of this innate rarity, the coin is as popular today as it has ever been. Unfortunately, there is only a finite number of these pieces available, so it would behoove you to get your hands on one sooner rather than later.

On the obverse side of the 1862 Silver Three-Cent Piece, the design you will find is quite simple. In the center there is a large, 6-pointed star with the Shield of the United States in the center of it. The shield’s existence is truly remarkable due to how small, yet detailed, it is. Around the outer edges of the coin you will find an inscription that reads “United States of America.” Towards the bottom of the obverse there will be an inscription indicating the 1862 year of minting.

On the coin’s reverse, The main feature is a large, capital letter “C.” Within the ornate, decorated letter exists the coin’s 3-cent face value, indicated by Roman Numerals. There are other minor features within the large “C” as well. Around the outside of the central design there are 13 stars. Each one of these stars is representative of one of the 13 original colonies of the United States.

Grading the 1862 Silver Three-Cent Piece

For collectors, the fact that this coin is so popular means that it is also subject to being counterfeited. As such, collectors interested in purchasing this coin must approach any purchase with extreme caution. Nowadays, those looking to purchase the Silver Three-Cent Piece will only do so if the piece is graded and certified as being authentic. Below, we have outlined the different coin grades to give you a better idea of what they mean.

Uncirculated: If an 1862 Silver Three-Cent Piece is determined to be of Uncirculated grade, this means that the piece in question never made it out onto the open market. Thanks to years and years of protection and safekeeping, these coins will appear today to be in flawless condition.

Extremely Fine: If a coin is determined to be of Extremely Fine grade, this means that the coin in question will have been maintained in a mostly pristine state. With that being said, the coin will feature a few very minor flaws.

A coin determined ot be of Fine grade is one that was out on the open market for a time, but was taken out of circulation before too long. These coins will play host to some consistent scratching and chipping, but most, if not all, of the surface imagery will have been preserved.

Good: Good is the lowest grade a coin can receive and is indicative of a piece that has been both heavily circulated and damaged. At times, the damage you will find on these coins is very severe and might even compromise some of the surface imagery and lettering.

Pricing the 1862 Silver Three-Cent Piece

In order to determine the price you might be asked to pay for an 1862 Silver Three-Cent Piece, the first thing you need to take into consideration is the condition the coin is in. As you might expect, the coins that have been well-preserved will carry a higher price than those that have not. In addition to this, the overall scarcity of the coin will come into play. Because there is only a limited number available, the price might be driven up as a result. Below, you will find a chart aimed at giving you a better idea of what you can expect to pay for a graded 1862 Silver Three-Cent Piece.

Three Cent Silver

1862 Three Cent Silver$40$50$100$175

All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice.

Sours: https://www.jmbullion.com/coin-info/three-cents/three-cent-silver/1862-three-cent-silver/
1862, Victoria Queen, Silver One Rupee - Value #Indian_Coin_Collectors

1862 Indian Head Penny

The Indian Head Penny is one of the most prestigious types of coins ever produced by the US Mint. Though originally produced in 1859, the coin’s design was changed after only one year. The 1862 Indian Head is the third year the new design was used and is sought after by collectors of all types.

Because these coins are well over 150 years old, it is extremely difficult to find them in decent condition. These coins were used to pay bills, pay for food, and as a result were circulated heavily. This wear is seen on many of the coins in this series which is why it is extremely difficult to get your hands on one that is in great condition. Still, plenty of pristine 1862 Indian Head Pennies exist and are available for purchase.

Being that 1862 was the second year of the Civil War, this coin is sought after by collectors who are attempting to collect Civil War-era coins. These coins are made with a copper-nickel alloy that makes them a bit heavier than Indian Heads produced either before or after the War.

Grading the 1862 Indian Head Penny

The grade of a coin is nothing more than an expert’s way of determining the condition of the coin in question. Knowing this condition, you can accurately determine how much the coin in question is worth or can be sold for. Of course, only an expert can determine the exact grade, but by using the specifications below you can give your coin a rough grade.

Uncirculated: An uncirculated 1862 Indian Head Penny looks almost identical to the way it did when it was produced more than 150 years ago. Apart from some changes to the coloration and tone of the coin due to age, the coin’s imagery and inscriptions are all easily discernible to the naked eye. Things like the Indian’s cheekbone and the leaves on the reverse side’s wreath can be seen without much trouble at all.

Extremely Fine: An Extremely Fine coin looks a lot like an Uncirculated coin, only you can see some small signs of wear and tear. The coin’s imagery will be a bit worn down, but it is there and visible. Unlike an Uncirculated coin, an Extremely Fine Indian Head will have lost much of its luster and shine.

Fine: A Fine coin was not circulated for an extremely long period of time, but was circulated. You can see clear signs of wear and tear, especially on the coin’s images and inscriptions. Scratching is also a fairly common sign of a Fine grade.

Good: A Good graded 1862 Indian Head Penny is in fairly rough shape and was circulated for quite some time. The raised inscriptions and imagery have been smoothed out through years of circulation. In all, many of the detailed aspects of the coins faces have faded with the years.

1862 Indian Head Pricing

The pricing of Indian Head Pennies is determined first and foremost by the condition and grade of the coin. Because most of these coins have signs of wear and tear, collectors are trying to get their hands on those that are in the best condition. As you might expect, the Indian Heads that are in the best condition will also go for the highest prices. By using the chart below you can get a rough idea of how much a coin with a specific grade will cost you.

1862 Indian Head Penny


All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice.

Sours: https://www.jmbullion.com/coin-info/cents/indian-head-pennies/1862-indian-head-penny/

Value 1862 coin

The 1862 Indian Head pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.

1862 Indian Head Penny


Type: Indian Head Penny
Year: 1862
Face Value: $0.01
Composition: 88% copper, 12% nickel
Total Weight: 4.67 grams

There is no mint mark on this coin. Each coin was minted in Philadelphia.

SeriesLocationQuantity Minted
1862 ProofPhiladelphia1,500-2,000


The 1862 Indian Head penny is worth around $10 in good condition. In very fine condition the value is around $30. In extremely fine condition the value is around $50. In uncirculated condition the price is around $120 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $215.

The 1862 Indian Head proof penny is worth around $850 in PR 63 condition.

Grading System

Good- The word "LIBERTY" inscribed on Liberty's headband is not visible.

Very fine- The word "LIBERTY" inscribed on Liberty's headband is visible but there is slight wear.

Extremely fine- The word "LIBERTY" inscribed on Liberty's headband is sharp. The other details on the coin are also sharp. There is slight wear on the end of the ribbon.

MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.

MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.

PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.



The Red Book

See also:

1863 Indian Head Penny
1861 Indian Head Penny
1860 Indian Head Penny

Sours: https://www.silverrecyclers.com/coins/1862-indian-head-penny.aspx
Half Anna India Coin 1862-1877 Price/Value - Sell British India Copper old Coin in 50,000 Rupees

1862 Seated Liberty Dollars

Mintage: 12,090

Minted at: Philadelphia (No Mint Mark)

Designer - Engraver: Christian Gobrecht

Metal Composition: 90% Silver - 10% Copper

Diameter: 38.1 mm

Mass / Weight: 26.73 grams

What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.):
1862 Seated Liberty Silver Dollar

USA Coin Book Estimated Value of 1862 Seated Liberty Silver Dollar is Worth $772 in Average Condition and can be Worth $6,083 to $8,311 or more in Uncirculated (MS+) Mint Condition. Proof Coins can be Worth $5,096 or more. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin). Click here to see the Melt Value of every US Coin.

MELT VALUE: $18.93

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Sours: https://www.usacoinbook.com/coins/3139/dollars/seated-liberty/1862-P/

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