History of Europe

What is value of 1862 currency dollar?

The value of a 1862 one-dollar bill depends on the condition and variety. In general, a bill in average condition (about VF) will be worth around $100 to $200.

A bill in very fine condition (VF+) will be worth around $200 to $300.

A bill in extremely fine condition (XF) will be worth around $300 to $400.

An uncirculated bill with sharp corners and no folds will be worth around $500 or more.

The prices can also vary depending on the specific variety. There are several different varieties of 1862 one-dollar bills, including the "greenback," "legal tender," and "coin" varieties. The most common variety is the greenback, which has a green back and a red serial number. The legal tender variety has a red back and a black serial number. The coin variety has a red back and a red serial number. The coin variety is the most rare and valuable of the three.

It's important to note that condition is a major factor in determining the value of a bill, so any tears, stains, or folds can significantly reduce the value. To get an accurate estimate of the value of your bill, it is best to consult a professional numismatist who specializes in paper money.