It appears you’re referring to collectible coins that commemorate the establishment of the Department of the Treasury in 1789, rather than coins actually minted and circulated in 1789. These are generally medals or tokens issued by the U.S. Mint or other entities, often made of bronze or copper.
Here’s a breakdown of their potential value based on the available search results:
- Uncirculated Condition: In uncirculated condition, these coins often fetch between $3 and $9.
- General Asking Prices: You can find these coins listed for sale online (e.g., eBay, Etsy, Poshmark) at prices ranging from around $8 to $28, depending on the specific item and seller.
- Proof Sets: Some of these coins are included in proof sets, which may increase their value slightly. For example, a 1982 United States Proof Set including a 1789 Treasury Dept. Bronze Medal is listed for $8.00 on Etsy.
- Material: The majority of these coins are made of bronze or copper, not precious metals like gold or silver.
- Minting Date: While commemorating 1789, these coins were produced much later, generally between 1970 and 1997, and sometimes even as part of the Presidential Dollar Coin series starting in 2007.
- Condition: The condition of the coin plays a significant role in its value. Uncirculated coins in original packaging will be more valuable than circulated or damaged ones.
- Rarity: While not typically considered rare, some variations or errors might be more sought after by collectors, potentially increasing their value.
To get an accurate appraisal of your specific coin, it’s recommended to consult with a professional coin appraiser or numismatist. They can evaluate its condition, rarity, and other factors to determine its true market value. You can also explore online marketplaces like eBay and Etsy to see what similar coins are being sold for.
Does the Department of Treasury coin money?
Great question! The Department of the Treasury operates and maintains systems that are critical to the nation’s financial infrastructure, such as the production of coin and currency, the disbursement of payments to the American public, revenue collection, and the borrowing of funds necessary to run the federal government.
Who was the Department of Treasury in 1789?
Good point! Alexander Hamilton took the oath of office as the first Secretary of the Treasury on September 11, 1789. Hamilton had served as George Washington’s aide-de-camp during the Revolution, and was of great importance in the ratification of the Constitution.
Are Denver Mint coins worth anything?
Rare Coins Minted in Denver That Hold Lasting Value
For example, the 1916-D Mercury Dime had a very limited mintage and remains one of the most sought-after dimes among coin enthusiasts. The 1932-D Washington Quarter is another key date coin that commands strong prices in high grades.
What is special about the Denver Mint?
From my experience, The mint is still operating and producing coins for circulation, as well as mint sets and commemorative coins. Coins produced at the Denver Mint bear a D mint mark (as did the Dahlonega Mint, which closed before the Denver branch opened). The Denver Mint is the single largest producer of coins in the world.