The value of your US Presidential Dollar coin collection can vary widely depending on several factors, with the most valuable coins typically having missing edge lettering or other significant errors. While most Presidential Dollars are only worth their face value ($1) or slightly more, some have sold for thousands of dollars at auction.
- Errors: Coins with errors, especially those missing the edge lettering (which includes the mint mark, date, and “E Pluribus Unum”), are the most valuable. Some examples include:
– The 2007 George Washington and John Adams dollars with missing edge lettering can fetch significant prices.
– The 2009 William Henry Harrison with missing edge lettering can be worth up to $2,450.
- Condition: Coins in better condition are more valuable. Coins are graded on a scale from 1-70, with higher numbers indicating better condition.
- Rarity: While Presidential Dollars were produced in large numbers, some years had lower mintages or special editions that can increase their value.
- Demand: The current demand for specific coins or sets can also influence their price.
- 2007 John Adams (without edge lettering): In the highest mint grade, this coin has sold for around $141,000.
- 2007-S John Adams Proof: In pristine condition, these are expected to become rarer and can fetch up to $100,000.
- 2007 George Washington (without edge lettering): Can sell for close to $17,700 in high-grade condition.
- Assess and Organize: Determine if you have a collection assembled for investment or simply a personal collection.
- Evaluate the Collection: Obtain a coin resource guide to get an idea of individual coin values and identify potentially rare or valuable pieces.
- Selling Options:
– Local Coin Dealers: Offer quick sales but may not yield the highest prices.
– Auction Houses: Good for larger collections of rare and valuable coins, but require minimum values and involve fees.
– Online Auctions (eBay): Offers a wide audience but requires effort in listing, photographing, and dealing with potential issues.
– Online Coin Shops: Can offer competitive prices but often require sending in your coins before payment.
Important Note: Exercise caution when selling online, ensure you are dealing with a reputable buyer, and consider getting your coins professionally graded for an accurate valuation.
