Generally, Presidential $1 coins, especially those in circulation, are worth their face value . However, some can be more valuable to collectors depending on several factors:
- Uncirculated coins are typically worth more than their circulated counterparts.
- Professional Coin Grading Service (PCGS) assigns grades between 1 and 70 to coins.
- Coins in pristine condition (high grade) , like those graded MS67 or higher, can be significantly more valuable. For instance, a 2007-D George Washington Presidential Dollar graded MS67 was sold for $228 in 2012, and is valued at $475 today by PCGS.
- Coins with lower mintages are generally rarer and thus command higher prices.
- Some Special Mint Sets (SMS) or proof coins have lower mintages and are therefore sought after by collectors.
- Mint errors significantly increase a coin’s value. Some common errors found in Presidential Dollars include:
– Missing Edge Lettering: This occurs when the coins skip the step where the date, mint mark, and the motto “E Pluribus Unum” are inscribed on the edge. Examples include the 2007 George Washington and 2007 John Adams dollars without edge lettering, which can be worth thousands of dollars. A 2007 George Washington dollar with missing edge lettering can be valued at up to $2,000.
– Doubled Edge Lettering: This happens when the coin goes through the edge lettering machine twice, resulting in two sets of inscriptions.
– Upside-down Lettering: The lettering is inverted relative to the portrait.
– Struck-through Errors: Grease or debris during the striking process can lead to faint or missing details in the design.
– Die Cracks and Cuds: These are small raised areas on the coin caused by broken dies.
- 2007 George Washington (Missing Edge Lettering): Depending on the grade, these can be valued between $1,000 and $4,250.
- 2007 John Adams (Missing Edge Lettering): In high grade, these coins can sell for around $141,000.
- 2007-S John Adams Proof: Flawless examples are valued at around $100,000.
- 2009 SMS William Henry Harrison (Missing Edge Lettering): The most valuable example with a grade of 69/70 can be worth up to $2,450.
It is important to note that most Presidential Dollar Coins found in circulation will not have significant errors and their value will likely remain at face value. It is recommended to consult a coin grading service like PCGS to accurately determine the value of a specific coin.
Is the Abraham Lincoln $1 coin worth anything?
The reverse has a lovely view of the Statue of Liberty and ‘United States of America’ as well as’ $1′. The coin was minted at different mints and today, a fair market resale value is between 5 and 20 usd in auction, on Ebay. Many sellers charge really high prices which in general are not achieve.
What is the rarest $1 coin?
I can help with that. 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.
What are $1 presidential coins made of?
Great question! The $1 Presidential coin contains 88.5 percent copper, 6 percent zinc, 3.5 percent manganese and 2 percent nickel.