The value of a coin from 1789 depends heavily on its origin, type, and condition.
Here are some examples and points to consider:
- US Coins:
– 1789 Quarter Dollar: US quarters were not minted until 1796, so this coin does not exist. Coins from that year that might have circulated as quarters would likely be foreign currency, especially Spanish dollars.
– George Washington 1789-1797 Coins: These are commemorative coins minted in 2007 as part of the Presidential $1 Coin Program, made of a manganese-brass alloy.
– Most circulated examples are worth their face value of $1.
– Uncirculated examples might be worth up to $4.
– Errors, such as missing or inverted edge lettering, can increase the value, potentially reaching $100-$350+.
– Proof coins, which have a mirror-like finish and frosted details, were minted in San Francisco and are part of collector sets. Their value ranges from $4 to $40, depending on their grade.
– High-grade examples of these coins are rarer, with values estimated at $600 for MS67+ and $4,250 for MS68.
- Foreign Coins:
– Spanish 8 Reales 1789 S C (Silver): The average value of this coin in good condition is around $400, [according to Coinstrail].
– Switzerland Bern 4 Kreuzer 1789: This rare copper coin featuring a climbing bear is currently listed on Etsy for $61.02.
– 1789-I France Louis XVI Ecu KM564.7 (Silver): An uncirculated example of this coin is currently listed on eBay for $400.
– Various European Coins: A search for “NGC 1789 Year European Coins” on eBay reveals a wide variety of coins with varying values, including Russian Kopeks, Irish Half Pennies, German Pfennigs, and French Sous.
– 1789 Mo Mexico 2 Reale: A scarce example of this coin is listed on eBay for $125.
- Colonial Coins:
– 1789 New York Penny VOC: This Dutch copper coin is listed on eBay for $24.99 with a certificate of authenticity (COA), or $32 in a folder.
– 1789 New Jersey Colonial Cents: Two of these coins are listed on eBay for $395.
In conclusion, the value of a coin from 1789 can vary significantly. To determine a coin’s specific value, consult a coin expert or professional appraiser who can consider the coin’s characteristics and current market trends.
Is the George Washington $1 coin rare?
Good point! While the George Washington Dollar is not considered particularly rare due to its modern mintage, certain rare presidential dollar coins and error varieties can command significant premiums. Basic uncirculated specimens, however, remain readily available and affordable for beginning collectors.
How do I know if I have a rare $1 coin?
I can help with that. One of the easiest ways to tell if a coin is rare is to check the date. If the coin is from before 1800, it’s likely rare. Coins minted in the 19th century are also generally considered rare, with a few exceptions. Coins from the 20th century are less likely to be rare, but there are still some that meet the criteria.
Are any of the $1 presidential coins worth anything?
The most expensive Presidential Dollar coin is the 2009 SMS William Henry Harrison with missing edge lettering, graded 69/70, which can sell for up to $2,450. The least expensive among the top valuable coins is the 2007 SMS Jefferson dollar with missing edge lettering, graded 67, valued at $600.