Although centered in AGC 4049, IC 5362 appears to be foreground object at a similar redshift as AGC 4038, which is located about 0.9° WNW.

Lewis Swift discovered IC 5362 = Sw. XI-241 on 14 Sep 1896 and recorded (in AN 3517) "eeF; pS; bet 2 B st; 5th of 5 [with IC 5350, 5353, 5354, and 5358]." His description in AJ 388 reads, "eeF, pS, nrly bet an 8m * nf and a 9m * sp nearer the former, 5th of 5." There is nothing near his position (identical in both lists). Herbert Howe reported "I saw nothing in the place given by Swift, but measured one 34 seconds following at nearly the same declination. It precedes a star of mag 8, 17 seconds, 2.3' south. This star has a companion of mag 12 at 70°, 6"." Howe's accurate position was used in the IC. Swift probably discovered this galaxy again on 24 Jul 1897 and reported Sw. XII-45 (later IC 5363) as "vF, eS, R, 3 st in line p[receding], one D[ouble]." His position is a fairly poor fit; 18' SE of IC 5362 (not unusual in his last summer of observing). Another discrepancy is his description mentions "3 stars in line [to west]" and 3 collinear stars are nearly due east of IC 5363.

400/500mm - 18" (10/29/11): fairly faint, fairly small, round, 30" diameter, weak even concentration to a small bright core and faint stellar nucleus. Located 4.5' SW of SEE 497, a close, very unequal mag 8/11 pair at 5" that was resolved.

Notes by Steve Gottlieb