1862 $1 US Gold Coin help needed please

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Maller
Maller Posts: 48
in U.S. Coin Forum
I'm doing an evaluation of a bunch of coins for a 70 year old woman whose husband has passed on. The coins were his and she needs some help. I have evaluated all of the modern coins (silvers, morgans, buffalos, etc.) but I am out of my league on us gold coins. It was in a little box with some other coins.

1862 $1 US raw XF/AU

Authentic or not? weight? sharpness of motto and date? What do I look for?

No pic for now. THANKS
Collector of about anything I find at work. I love short run $1 stars.

Comments

  • DaveG
    DaveG Posts: 3,535 ✭
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    Gold dollars were, indeed, frequently counterfeited. There are known counterfeits of the 1862 gold dollar.

    First off, I'd look at the edge reeding - look for strong, even reeds; then, I'd check the dentils - again, look for strong, even dentils.

    The coin should weigh 1.672 grams and it should have a diameter of 15 mm.

    Check out the Southern Gold Society

  • PerryHall
    PerryHall Posts: 47,757 ✭✭✭✭✭
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    High resolution pics would help us help you.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • ambro51
    ambro51 Posts: 14,471 ✭✭✭✭✭
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    perry you cant tell its a counterfeit from that description you slippin buddy....image
  • coinguy1
    coinguy1 Posts: 13,484 ✭✭✭
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    If it is genuine and undamaged, its value should be approximately $200-$225.
  • PerryHall
    PerryHall Posts: 47,757 ✭✭✭✭✭
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    << <i>perry you cant tell its a counterfeit from that description you slippin buddy....image >>



    I'm good but not that good.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • ambro51
    ambro51 Posts: 14,471 ✭✭✭✭✭
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    Yeah OP check and see if it has three rows of beads and if it does PM me and Ill turn it in to the proper people. (me)

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