The 1862 $1 Gold Coin, known as Type 3, is part of the Liberty Head series minted from 1849 to 1889. The Type 3 design features a more refined depiction of Lady Liberty compared to its predecessors, with a slightly altered hair design and a larger denomination inscription. This coin was produced during the U.S. Civil War, making it a notable collectible due to its historical context and its status as one of the first gold coins issued for general circulation. Its gold content is approximately 1/10th of an ounce, and while it is less common than other denominations, it holds value for collectors due to its age, design, and gold content.

Item Denomination Series Year Mint
1862 G$1 G$1 $1 Gold – Type 3 1862 Philadelphia