The years 1801 to 1809 refer to the term of office of Thomas Jefferson as the third President of the United States . While there were circulating US dollar coins during that period, the reference to a coin with the dates 1801-1809 typically refers to a coin issued much later as part of a commemorative program.
The U.S. Mint’s Presidential $1 Coin program honors deceased presidents in chronological order. The Thomas Jefferson dollar coin, released in 2007, features Jefferson’s portrait on the front. The dates “1801-1809” on the coin indicate his presidency, not the minting year. The back of the coin shows the Statue of Liberty, “United States of America,” and “$1”. The edge is inscribed with mottos like “E Pluribus Unum” and “In God We Trust,” the minting year (2007), and the mint mark (D or P). The coin is made of a “golden” alloy, not gold.
The Thomas Jefferson dollar coin has a face value of $1. While circulating coins are generally worth face value, uncirculated examples can be valued between $2 and $5. Proof coins, made for collectors, can sell for $6 to $10 or more. Error coins, like those with missing edge lettering, can reach $20 to $50. High-grade coins (MS-65 or better) can also sell for $5 to $20 or more. A coin’s value depends on its condition, rarity, and market demand.
What is a 1809 James Madison coin worth?
Good point! Generally, James Madison presidential gold coin dollars are only worth their face value of $1 in circulated condition. Most of the coins you will come across are circulated; the most you can expect these coins to be worth is their face value.