The value of a George Washington $1 coin generally depends on its condition and whether it’s a standard issue or an error coin.
- Most commonly, a George Washington $1 coin is worth its face value, or $1.
- However, if the coin is in pristine, uncirculated condition, its value might increase slightly, perhaps up to $2 to $4.
- The [Numista website] indicates that 2007-D and 2007-P uncirculated coins can fetch around $2.50 to $3.90.
- Some uncirculated versions are sold by dealers for around $1.95 – $6.25.
- Some George Washington dollar coins were minted in 2007 with missing edge lettering (where the date, mint mark, and mottos are normally located).
- These error coins can be worth considerably more, potentially ranging from $20 to over $100, depending on the specific error and condition.
- Condition: Uncirculated coins in pristine condition are typically more valuable than circulated ones.
- Errors: Coins with manufacturing errors, like the missing edge lettering, can significantly increase their value.
- Mintage Numbers: Lower mintage numbers generally contribute to higher values.
- Demand: The demand from collectors also influences a coin’s value.
In summary: Unless your George Washington $1 coin has a unique error like missing edge lettering or is in a professionally graded, high-quality condition, it’s generally worth around its face value. If you suspect you have a valuable error coin or a high-grade specimen, consulting with a professional coin dealer or appraiser is recommended to determine its exact value.
What is the George Washington $1 coin?
The George Washington $1 coin was first available to the public on February 15, 2007, in honor of Washington’s Birthday, which was observed on February 19. This marked the first time since the St. Gaudens Double Eagle (1907–1933) that the United States had issued a coin with edge lettering for circulation.
Are the $1 president coins worth anything?
From my experience, 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.
What is the rarest $1 coin?
Great question! The standout is the 2000 one dollar mule, an error coin created when the wrong dies were used, resulting in a heavier rim on the obverse (heads) side. It’s estimated that only around 6,000 of these mule coins were made, which is less than 0.1% of the total coins minted that year.