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This Type 3 1862 $1 Indian Head Gold Dollar would be a great addition to your collection. NGC has graded 437 as AU58 with 3,081 finer.
Designed by James B. Longacre, the Type 3 featured a larger, thinner planchet and a modified Indian princess portrait with a more refined headdress, addressing earlier issues of durability and wear. Struck at the Philadelphia Mint during the Civil War, it reflects a nation in turmoil yet committed to maintaining its gold coinage amid economic strain.
Graded NGC AU-58, this example hovers on the cusp of mint-state condition, displaying only the lightest friction on the high points—cheek, headdress feathers, and wreath—while retaining sharp details and much of its original luster.
Its provenance from the Great Kentucky Hoard elevates its significance. Discovered in 2023 on a Kentucky farm, this trove yielded hundreds of gold coins buried during the Civil War era, including pristine Type 3 dollars like this one. The hoard’s coins, untouched for over 150 years, offer a direct link to the Civil War and 19th-century America, with this 1862 specimen embodying both numismatic excellence and historical resonance.
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