The 1972 American Revolution Bicentennial coin value is a frequent topic of inquiry for collectors and those who encounter these commemorative pieces. It is important to clarify that what are often referred to as “1972 American Revolution Bicentennial coins” are, in fact, medals rather than official circulating coinage issued by the United States Mint for general commerce. These medals were produced to commemorate the upcoming bicentennial of the American Revolution, which was celebrated in 1976. This article provides a comprehensive overview of their characteristics, typical value, and factors that influence their market price.
Understanding the 1972 American Revolution Bicentennial Medals
The 1972 medals were part of a broader effort to mark the 200th anniversary of American independence. While the United States Mint did issue official bicentennial coinage later (starting in 1975 with the dual-dated 1776-1976 quarters, half dollars, and dollars), the 1972 pieces predate these and were not legal tender. They served a commemorative purpose, often sold to the public as collectibles or souvenirs.
Design and Composition
A prominent example of these medals is the George Washington Bicentennial Medal. These pieces typically feature a depiction of George Washington on the obverse (front) and the Liberty Tree on the reverse (back). They were issued in various metals, most commonly bronze. There may have been limited editions or special issues in other metals, though bronze versions are the most prevalent.
What Determines the 1972 American Revolution Bicentennial Coin Value (Medal Value)?
The typical 1972 American Revolution Bicentennial coin value for these medals falls within the $5 to $15 range for pieces in good to uncirculated condition. Several factors contribute to this valuation:
1. Condition
As with any collectible item, the condition of the medal significantly impacts its value.
- Uncirculated (UNC) Condition: Medals that show no signs of wear, maintain their original luster, and have no scratches or blemishes command higher prices. An example listed on Numista, a reputable numismatic resource, indicates an Uncirculated (UNC) condition medal as being worth around $2.20, though this can vary based on market demand.
- Circulated/Used Condition: Medals that exhibit wear, scratches, or other damage from handling will generally have a lower value. Recent sales data shows used examples fetching around $11.99 or $12.50.
2. Metal Composition
While bronze is the most common material, the presence of other metals could influence value. If a medal were made of silver or gold (which would be rare for these specific 1972 issues but not impossible for special releases), its intrinsic metal value would be a primary driver of its price, far exceeding the typical commemorative value. One eBay listing mentioned a “Vintage 1972 Bicentennial Commemorative Gold Medal Coin American Revolution RARE” selling for $14.99, which suggests it was likely gold-toned or gold-plated rather than solid gold, given the price point.
3. Mint Mark
Some of these medals may bear a mint mark, such as “P” for Philadelphia. While these are not official government coins, the presence of a mint mark can be of interest to collectors who seek to identify the origin of the piece. The Numista entry for the ND (1972) P (Philadelphia) medal notes a mintage of 896,345, indicating a significant production run.
4. Rarity and Varieties
While the majority of these 1972 medals are common, certain rare varieties or specific issues could command higher prices. This is less common for the standard 1972 George Washington Bicentennial Medal but is worth considering for any commemorative item.
5. “Error” Medals
Similar to official coinage, manufacturing errors can occur in medals. Sources mention potential “error coins” (medals) such as:
- Off-center strikes: Where the design is not perfectly centered on the planchet.
- Doubled dies: Where elements of the design appear doubled due to a misaligned die strike.
- Broad strikes: Where the metal flows outside the retaining collar during striking, resulting in a wider, flatter medal.
The presence and severity of such errors can significantly increase the 1972 American Revolution Bicentennial coin value. Collectors specializing in error pieces often pay premiums for unique or visually striking examples.
6. Original Packaging/Presentation
Medals sold in their original cases, packaging, or with accompanying certificates often fetch slightly higher prices, particularly if the packaging itself is in good condition. This indicates that the medal has been protected and preserved. An example of a 1972 George Washington P American Revolution Bicentennial Bronze Coin in case was available for $12.50, illustrating this point.
Market Data and Sales Examples
Reviewing recent sales data provides a practical perspective on the 1972 American Revolution Bicentennial coin value:
- A 1972 George Washington P American Revolution Bicentennial Bronze Coin in case: $12.50 (eBay).
- A similar medal in used condition: $11.99 (Etsy).
- A used example on Poshmark: $100, discounted from $200. This higher price point on Poshmark, a platform not specifically for collectibles, suggests an outlier and may not reflect typical market value.
- A 1972 American Revolution Bicentennial Medal Commemorative Coin: $12.40 (eBay).
- A “Vintage 1972 Bicentennial Commemorative Gold Medal Coin American Revolution RARE” (likely gold-toned/plated): $14.99 plus shipping (eBay).
- Numista listing for an Uncirculated (UNC) ND (1972) P (Philadelphia) medal: $2.20. This lower valuation from Numista might represent a wholesale or base collector value, while retail prices often include seller premiums.
These examples consistently show the 1972 American Revolution Bicentennial coin value (medal value) generally staying within the $5 to $15 retail range for most common examples.
Distinguishing Medals from Official Coinage
It is crucial to differentiate these 1972 medals from the official United States Bicentennial coinage that began circulation in 1975.
- 1975-1976 Bicentennial Quarter: Features a colonial drummer on the reverse.
- 1975-1976 Bicentennial Half Dollar: Depicts Independence Hall on the reverse.
- 1975-1976 Bicentennial Dollar: Shows the Liberty Bell superimposed on the moon on the reverse.
These official coins bear the dual date “1776-1976” and were legal tender. The 1972 pieces do not have this dual date and were never intended for circulation. This distinction is vital when discussing the 1972 American Revolution Bicentennial coin value.
Recommendations for Valuation
If someone possesses a 1972 American Revolution Bicentennial medal and seeks a precise valuation, consider these steps:
1. Assess Condition: Carefully examine the medal for signs of wear, scratches, dents, or corrosion. Note the presence of original luster.
- Check for Markings: Look for any mint marks or other distinguishing characteristics.
- Research Completed Sales: Check online auction sites (like eBay’s “sold” listings) for similar items that have recently sold. This provides a realistic view of current market demand.
- Consult a Professional Appraiser: For medals in exceptional condition, or if there is a suspicion of a rare variety or error, consulting a professional numismatic appraiser is advisable. They possess the expertise to identify subtle nuances that can significantly affect value.
The 1972 American Revolution Bicentennial coin value is primarily driven by the commemorative nature of these items. While not official coinage, they hold historical significance as early commemorations of a pivotal moment in American history. For the majority of these medals, their value remains modest, making them accessible collectibles for those interested in American historical memorabilia.
Are national bicentennial medals worth anything?
3″ Gold National Bicentennial Medal (1976)
3” gold medal was made to order and individually numbered. Issue price of $4,000 each. (approximately $22,000 in today’s dollars).
When was the American Revolution bicentennial?
I can help with that. It was a central event in the memory of the American Revolution. The Bicentennial culminated on Sunday, July 4, 1976, with the 200th anniversary of the adoption of the Declaration of Independence by the Founding Fathers in the Second Continental Congress.
What is the meaning of bicentennial 1776 to 1976?
The “Bicentennial Era” was a series of observances, celebrations, and commemorations leading up to the 200th anniversary of the adoption of the Declaration of Independence on Sunday, July 4, 1976.