The value of a Ulysses S. Grant coin can vary significantly depending on several factors, including:
- Type: The most common Ulysses S. Grant coins are the Presidential dollar coins issued in 2011. There are also older, potentially rarer coins from the 19th Century featuring Grant.
- Condition: A coin’s condition is crucial for determining its value. Uncirculated or “Mint State” (MS) coins are generally more valuable.
- Errors: Error coins, such as those with doubled edge lettering, can fetch higher prices. Some specific errors include:
– Doubled edge lettering: Coins mistakenly passed through the edge lettering machine twice.
– Overlapped errors: Doubled edge lettering running in the same direction.
– Inverted errors: Doubled edge lettering running in opposite directions and upside down.
– Torch Flames Error: Coins with a small cut in the middle flame, [according to eBay].
- Rarity: While the 2011 Presidential dollar coins are considered relatively common (mintage of 76 million), coins from earlier periods, like the 1869 gold dollar, can be quite rare and highly sought after.
- Precious Metal Content: Some older Grant coins, like the 1869 gold dollar, may derive value from their gold composition.
- Circulated Presidential dollar coins: In most cases, a Ulysses S. Grant Presidential dollar coin that has been in circulation is likely only worth its face value of $1.
- Uncirculated Presidential dollar coins: These may be worth slightly more, potentially around $2.50.
- Error coins:
– Doubled edge lettering: Can sell for over $300 in high grades. An example of an MS67 sold for $475.
– Torch Flames Error: Prices range from $900 to $1780.
– Misaligned: One such coin was sold for $700.
- Rare 19th Century coins: These can be worth thousands of dollars, depending on their rarity and condition. Examples include a rare 1869 gold dollar valued around $3800 and other rare coins from 1869-1877 listed between $1199 and $5000.
Note: Online marketplaces like eBay list various Ulysses S. Grant coins with a wide range of prices. It’s essential to research specific coins and consult with a reputable coin dealer or appraiser for accurate valuations. Some online postings may have exaggerated claims about a coin’s rarity or value.
Why is the 1984 $1 coin rare?
Thanks for asking. The rare 1984 $1 coin was struck on a 10-cent blank in error, instead of a $1 blank, meaning the coin is silver rather than gold.