1862-P $1 Gold Indian Type III Great Kentucky Hoard NGC Uncirculated Details

The Great Kentucky Hoard Forever Changes The Landscape Of Civil War Coinage

When the Civil War broke out in early 1861, gold, silver, and even copper coins vanished from circulation as people fearful of the war’s outcome stashed them away. Nowhere was this more pronounced than in Kentucky where the state was divided in its loyalties with one group of politicians declaring neutrality in the conflict and another faction voting to join the Confederacy. Over the years, Kentucky has been the site of many hidden treasure troves and the most recent discovery is being hailed by coin experts as a find that will forever change the landscape of Civil War coinage.

Where Did The Coins In The Great Kentucky Hoard Come From?

Christened as the Great Kentucky Hoard, this amazing find consists of more than 700 vintage United States gold coins dated between 1840 and 1863 that were unearthed on Kentucky farmland! Part of the allure of this particular treasure hoard is the mystery—the exact origin and circumstances surrounding the burial of the Great Kentucky Gold Hoard remains unknown! Is it possible that this hoard of gold coins was an insurance policy for someone who lived in Kentucky, someone who expected to come back at a later time to dig them up? Did he or she die—or forget—where the coins had been buried? Were any landmarks like a tree or fence destroyed or removed, making it harder to remember where the coins were buried? All of these are possible scenarios as to why these coins were secreted away only to finally see the light of day 160 years later.

1862 Type III Gold Indian Dollars From The “Mother Mint

Here you can secure a spectacular 1862 Type III Gold Indian Dollar struck at the “Mother Mint” in Philadelphia the same year the battles of Antietam, Shiloh, and Fredericksburg were fought. It was designated as the Type III design to distinguish it between the smaller Indian Princess design of the Type II design issued from 1854 to 1856. First struck in 1849, the Gold Indian Dollar was minted until 1889. Plus, each 1862-P Type III Gold Indian Dollar available here has been certified and graded by the Numismatic Guaranty Company (NGC) as being in Uncirculated (UNC) Details condition, meaning that its surface conditions preclude it from receiving a numeric grade from 1 to 70. Each coin available in this offer will come encapsulated in a museum-quality acrylic holder with a label that pedigrees it as coming from the “Great Kentucky Hoard.” In addition to the adjectival NGC Details grade, a description of the coin’s surface problem—corrosion, scratched, chopmarked, etc.—will be noted on the label. The coin will also come beautifully housed in a custom wooden presentation case and accompanied by a Certificate of Authenticity and a fact-filled storybook about this sensational hoard.

Gold To Make Pocahontas Proud!

America’s last 90% gold dollar is known as the Indian Princess Dollar because of the remarkable portrait of Miss Liberty on the coin’s obverse. She’s featured in a gorgeous pom-pom headdress that would have made Pocahontas proud. The coin’s reverse shows a wreath enclosing the denomination. Prior to 1849 the United Sates Mint did not strike gold dollars because there wasn’t enough gold available to do so. After gold was discovered in California in 1848, the precious metal began flowing in quantities sufficient for the mint to strike its first gold dollar in 1849. The Type I gold dollar was minted between 1849 and 1854. These small gold coins were never struck in large quantities, which by itself would certainly make them scarce today, more than 160 years later. But their small size and the fact that they were used in daily commerce meant many were lost or simply wore out. This is a great opportunity to secure one of these Great Kentucky Hoard coins struck with gold from the California Gold Rush!

Extremely Limited Availability

Our Unique & Scarce Division is the exclusive distributor of this recent find of more than 700 U.S. vintage Civil War era gold coins that were discovered buried in Kentucky. Quantities are extremely limited so order now before the coins of this hoard disappear, perhaps never to return!

COIN HIGHLIGHTS:

• PART OF THE GREAT KENTUCKY HOARD – This coin has been certified and authenticated by the Numismatic Guaranty Company (NGC) as being part of the Great Kentucky Hoard, a find of more than 700 vintage United States gold coins dated between 1840 and 1863 that were unearthed on Kentucky farmland.
• UNCIRCULATED DETAILS CONDITION – Your coin has been graded by NGC in Uncirculated (Unc) Details condition, meaning that its surface conditions preclude it from receiving a numeric grade. Along with this adjectival NGC Details grade, a description of the surface problem is noted on the certification label.
• UNITED STATES LEGAL TENDER STRUCK IN HIGHLY PURE GOLD – This legal-tender $1 coin was struck in 1862 by the Philadelphia Mint in 1.672 grams of highly pure 90% fine gold and measures 15 mm in diameter.
• DESIGNED BY JAMES B. LONGACRE – Designated as a Type III Gold Indian Dollar, this coin was design by James B. Longacre, one of the most celebrated and prolific coin designers in U.S. Mint history. It features Miss Liberty on the obverse wearing a pompom headdress and a wreath enclosing the denomination of the reverse.
• STRUCK FROM CALIFORNIA GOLD RUSH GOLD – This coin was struck with gold mined from the California Gold Rush

Don’t miss your chance to secure a piece of the Great Kentucky Hoard with this fabulous 1862-P $1 Gold Indian Type III coin. Order it now graded by NGC in Uncirculated details condition. Quantities are extremely limited so act fast!