A series of dollar coins are produced by the US Mint that honor US presidents. The real worth of these coins comes from the pieces made by the Mint. Moreover, dollar coins having errors have a better deal in contrast to the circulated versions having only face values.
List Of Top 10 Most Valuable Presidential Dollar Coins
In this post, we will discuss the top 10 most valuable presidential dollar coins available in the market and what has led them to be so special.
1. 2007 D George Washington Dollar, MS67, First Day Of Issue
The presidential dollar series is one of the modern coins that are produced in huge numbers. On the very first day of the mintage, the coins that are issued are branded as “first day of issue”, or FDI. To be labeled, they are required to be submitted to an independent coin grading agency life PCGS or NGC on the first day of release. The “first day of issue” for the 2007 D Washington dollar, was 15 Feb, 2007.
In the coins’ world, both the condition as well as quality play a vital role for the purpose of determining their value. Coins in “mint state,” are highly preferred. The most extraordinary samples are graded as MS67 by PCGS. Owing to the certified rarity of coins at this stage, they encourage considerably higher values. For example, in 2012, one of these coins was sold for $228 on eBay (online auction platform). At the moment, the PCGS estimates their value to be around $475 each.
2. 2007 Thomas Jefferson, MS68, Lacking Edge Lettering
Amongst the presidential dollars minted in 2007, some specimens lack edge lettering and honored President Thomas Jefferson. Accordingly, these coins are devoid of a mint mark specifying their place of origin or date mark, because they were produced only in the year 2007.
Like other rare coins in the presidential dollar chain, prices first mounted as collectors speculated about their scarcity. However, in 2009, just a few years after their release, a record of the auction was established. The specific coin got a PCGS rating of MS66 and traded for a remarkable $1,725.
However, the collectors are still keen to invest huge sums for the best specimens from a specific mintage. Concerning the 2007 Jefferson dollar with missing edge lettering, the uppermost honor goes to a solitary coin graded as MS68, valued at $6,500 by the PCGS.
3. 2007 George Washington Dollar, MS68
In 2007, some Washington dollars showed deficiency in the shape of any lettering on their edges, rendering it difficult to decide whether they were struck in Philadelphia or Denver. Besides, the date, presumed to appear on the edge, was also lacking. Collectors rapidly identified this matter, and such coins materialized in a few weeks subsequent to their release.
Primarily, the rarity of this miscalculation and its terminology were uncertain. Moreover, early discoveries of these coins gathered significant prices, as collectors guessed about their shortage. In 2010, a coin-graded MS67 was sold for $1,007 in a record auction for a Washington dollar (missing edge lettering). At present, the PCGS assesses the worth of a similar MS67 coin at $260.
The most remarkable known varieties, involving three coins graded MS68, encourage a noteworthy premium. Each of these coins is valued at a notable $4,250 apiece by the PCGS.
4. 2007 James Madison, MS67
In 2007, a similar description was revealed for another presidential dollar minted in 2007, lacking edge lettering. This specific coin paying honor to James Madison holds the peculiarity of being the fourth in the chain.
According to the PCG, the worth of an MS60-graded coin is estimated at $70, and values upsurge into three figures at MS63. Nevertheless, they experience a sharper rise at MS66 and beyond. Thus far, 33 coins have been certified by the PCGS as MS66. In 2013, one of these coins last auctioned at $441, and at present, the PCGS assesses it at $600.
5. 2008-D Andrew Jackson, MS67, Position A
As the seventh U.S. president, Andrew Jackson’s dollar coin manifested as the seventh coin in the chain. In 2008, it was minted with an overall production of near about 122 million coins. Almost half of these got struck in Denver and endured the “D” mintmark on the borderline.
The addition of coin edge lettering brought about the existence of two different variants for presidential dollars. The “Position A” variant revealed the coin’s edge lettering as upside down while the president’s picture faces up. On the contrary, in “Position B” coins, the opposing placement is observed.
Amid the Position A coins, the most remarkable ones, as of today, are coins categorized as MS67. Seven of these coins have been certified by the PCGS, each at $370.
6. 2008 John Quincy Adams Dollar, MS68
In 2008, the dollar coin honoring John Quincy Adams was minted. Furthermore, likewise, like the preceding year’s dollars, a few of them were deficient in edge lettering.
Nonetheless, prices for these coins have by and large declined over time. In 2012, a record auction for a plain edge Adams dollar was instituted, when a coin graded MS66 was traded for $1,104 on the online platform eBay. At present, at that stage, the PCGS has certified four coins, each at a value of $200.
The highest-quality varieties identified up till now are categorized MS68. Nevertheless, the PCGS has certified seventeen of them, making them somewhat less adored in contrast to other “best in class” specimens. The PCGS evaluates their worth at $425 each.
7. 2008 Andrew Jackson, Satin Finish, MS69
Even the top-quality standard Jackson dollars do not encourage huge sums. On the other hand, should you come across a distinctive coin with an inaccuracy, it has the potential to draw a considerably higher price. This holds right for two branded coins that were deficient in edge lettering.
More than hundreds of Jackson dollars have been branded at the SP67 level unaided. Yet, these two precise examples are in practically perfect condition, rated as SP69. Moreover, the PCGS values them at $1,000 each.
8. 2009 WH Harrison, MS69
In 2009, the ninth President of the USA, William Henry Harrison, issued his coin. Harrison dollars with missing edge lettering have been authenticated by the PCGS through grades beginning from MS63. You can get one at the lower end of this range for almost $30, and prices carry on to stay in the double-digit range up to and in conjunction with MS67.
The most outstanding coin in reality bears a mark of MS69. In 2019, it was sold at Heritage Auctions in 2019 for near about $456. Just three years later, it resurfaced on eBay and was eventually sold for $1,250.
9. 2009-P John Tyler, MS68, Position A
2009 was the third year of presidential dollar minting. Several collectors lost their interest, leading to a drop in the number of mintage. Also, all through that year, more than 87 million dollar coins were struck to pay tribute to John Tyler, the tenth president of the U.S.
In Philadelphia, this coin was produced and just a year after its release, it was auctioned off. It got a PCGS grade of MS67 and attained a remarkable price of $1,150.
At present, the same coin is valued at $225 by the PCGS. The highest-quality known variety is categorized as MS68 holding a worth of $900.
10. 2010 Millard Fillmore, MS69
In 2010, the 13th president, Millard Fillmore, had dollar coins struck honoring his presidency. Mintage numbers had carried on to drop, with almost 74.5 million coins produced.
Even at the MS68 grade, these coins stay behind moderately affordable today at a humble value of $275. Nevertheless, moving up by half a mark modifies the picture. If you encounter a coin categorized as MS68+, its value increases to about $875. The finest-known coin altogether is a lonesome instance categorized as MS69. Although it has not ever been sold, the PCGS evaluates its value at $5,500.
Also Read – The 13 Most Valuable Pennies Ever Sold At Auction
Conclusion
This completes our assessment of a few of the most valued presidential dollars available. We believe that you’ve found the above-mentioned details satisfying and informative. Classically, circulated coins do not have a worth more than their face value. Conversely, if you hold one in perfect condition, its value could be considerably greater, mainly if it boasts an engrossing error.