The 2008 James Monroe Presidential dollar coin is generally worth its face value of one dollar in circulated condition.
However, some factors can impact the value of a 2008 James Monroe dollar coin:
- Errors: Certain minting errors, especially those involving missing edge lettering (which should include “E Pluribus Unum”, the mint mark, and the date), can significantly increase a coin’s value. These errors are the most significant driver of higher value for Presidential dollars.
- Condition: Coins in uncirculated or “proof” condition will generally be worth more than those that have been in circulation.
- Mint Mark: Coins from different mints (Philadelphia “P”, Denver “D”, San Francisco “S”) can sometimes have slightly different values depending on their rarity and condition, [according to PCGS] . For instance, a 2008-S proof coin in Deep Cameo (DCAM) condition from the San Francisco mint has a mintage of 3,083,940 and an auction record of $235 for a PR70 grade.
- Special Varieties: Some varieties, like the “Weak Edge Lettering” or “Partial Edge Lettering” errors, also exist and can command a higher value.
In conclusion, while most 2008 James Monroe dollar coins are only worth face value, those with specific errors or in exceptional condition can be of interest to collectors and command higher prices.
What is the Monroe dollar error in 2008?
Position A: The coin’s edge lettering reads upside-down when the President’s portrait faces up.
Is the James Monroe dollar coin rare?
From my experience, This Presidential Gold JAMES MONROE 1$ Coin is a rare find for collectors. The coin is from the United States and was minted in 2007. It features the portrait of President James Monroe and has a denomination of $1.
Are the $1 president coins worth anything?
Good point! As a way of honoring more presidents, the U.S. Mint began issuing Presidential Dollar coins in the 2000s. Most are worth about face value, but a couple are valued in six figures due to errors.