The Presidential $1 Coin Program, established by the Presidential $1 Coin Act issued by President George W. Bush in 2005, featured the release of the 2007 Thomas Jefferson Presidential Dollar, the third in the series of coins. This coin celebrates Thomas Jefferson, the third President of the United States, who directed the main development of the United States through the Louisiana Purchase and whose writing of the Declaration of Independence enjoyed an important impact on the founding of the nation of the United States.
The Thomas Jefferson Presidential Dollar is an important coin of numismatic history. It offers collectors an opportunity to hold a coin that celebrates one of America’s founding originators. Released in 2007, this coin is part of the more comprehensive Presidential $1 Coin Program, which sought to keep all U.S. Presidents in the demand of their service. The coin’s design and historical value make it a valuable addition to any collection.
History of 2007 Thomas Jefferson Presidential Dollar
An important figure in American history, Thomas Jefferson was known for his excellent political ability and his artistic achievements. Jefferson, who was born in 1743, was the main author of the Declaration of Independence and a prominent supporter of American independence. From 1801 until 1809, he served as the third President of the United States. Jefferson launched the Lewis and Clark expedition to explore this new area and managed the Louisiana Purchase in 1803, which approximately increased the size of the United States.
Before President Jefferson’s coin was minted, coins with the faces of George Washington and John Adams were released as a part of the Presidential $1 Coin Program in 2007. This campaign promoted the use of dollar coins in everyday transactions while also trying to raise public understanding and respect for the countries before the presidents.
Specifications
- Composition: The coin is made of copper and manganese-brass cladding, providing it a golden look.
- Weight: 8.1 grams
- Diameter: 26.5 millimeters
- Thickness: 2.0 millimeters
- Edge: The edge of the coin is inscribed with the minting year, the mottoes “E Pluribus Unum” and “In God We Trust,” is written on it, and the mint mark, making it unique among U.S. coinage.
Design
Obverse
The obverse of the coin has a detailed image of Thomas Jefferson. It is designed by Joseph Menna. The inscription “Thomas Jefferson” is prominently shown, along with “3rd President 1801-1809,” showing his duration in office.
Reverse
The reverse side shows a striking version of the Statue of Liberty. It is also designed by Don Everhart. The reverse design is even across all coins in the Presidential $1 Coin Program, representing freedom and the American spirit.
Edge Inscriptions
Unlike traditional U.S. coins, the edge of the Jefferson dollar has incused inscriptions. These inscriptions add a layer of detail and have the mint year, mint mark, and the mottos “E Pluribus Unum” and “In God We Trust.”
Types
The 2007 Thomas Jefferson Presidential Dollar was minted in two main types:
- Philadelphia Mint (P): Coins from this mint take the “P” mint mark.
- Denver Mint (D): Coins from this mint are labeled with a “D.”
Both versions are part of standard circulation, though uncirculated versions are known for collectors.
Errors
Like many coins in the Presidential $1 Coin Program, the 2007 Thomas Jefferson Dollar is known for some unique errors:
- Missing Edge Lettering: Some coins were released without the edge inscriptions, making them highly sought after by collectors.
- Double Edge Lettering: A rarer error where the edge lettering is stamped twice, creating a unique, collectible variant.
- Misaligned Edge Lettering: Examples where the edge inscriptions are improperly aligned, can also improve the coin’s value.
Value of 2007 Thomas Jefferson Presidential Dollar
The value of a 2007 Thomas Jefferson Presidential Dollar depends on its condition, mint mark, and any errors it may possess. Circulated coins typically have a nominal value of around $1, matching their face value. However, uncirculated or proof versions, especially those with mint errors, can be worth significantly more to collectors. Coins in mint condition, particularly those with missing or double-edge lettering, can fetch anywhere from $20 to over $100, depending on the market demand and rarity of the error.
Also Read – 2007 George Washington Dollar: A Complete Guide
Conclusion
The 2007 Thomas Jefferson Presidential Dollar is more than just a coin of currency; it’s an honor to one of America’s most influential figures. Whether you’re a seasoned collector or new to numismatics, this coin presents a fascinating glimpse into the life and legacy of Thomas Jefferson. Its complex design, historical value, and potential for valuable errors make it a must-have for any collection.