1862 Gold Dollar - 1862 Gold $1 NGC MS61. This attractive Type 3 Civil War dated 1862 Gold Dollar is seen in Mint State condition. No wear is found on the coin, as expected, and the surfaces are original, clean, and for the grade, free of individual marks worthy of note. Mint luster remains on protected areas of both sides. The strike is above average with strong details on the ends of the feathers, LIBERTY, and the two central numerals of the date. Machine doubling is noted on the reverse.

The so called Indian Princess Head gold dollar was designed by James Longacre and minted from 1854 to 1889. The first, which is actually Type 2 because there was a prior Liberty Head gold dollar, was issued until 1856. The second Indian Princess gold dollar, Type 3, the present coin, was minted from 1856 to 1889.

To remedy problem of weak elements that did not strike up well, Longacre created the Type 3 gold dollar. While the design was similar to the previous issue, Longacre lowered the relief and moved the obverse head so as not to be opposite a reverse relief area. This coin is called the Large Size or Large Head.