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The gold one dollar presidential coins are a popular choice among collectors and investors alike. Introduced in 2007, these coins feature designs of all the U.S. presidents in the order they served.
Each coin is made of 22-karat gold, with a weight of 1 troy ounce, and a diameter of 0.8 inches. This unique combination of gold and presidential history makes them a valuable addition to any collection.
One of the key factors that determine the value of gold one dollar presidential coins is their limited mintage. The U.S. Mint releases a limited number of coins each year, which can drive up demand and increase their value.
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Minting and Release History
The Presidential gold dollar coins were first minted in 2007 at the request of Congress.
These coins were produced several times a year in large numbers, resulting in a significant stockpile of uncirculated coins.
Before the U.S. Mint switched to lower mintage figures, Presidential gold dollar coin values were pegged to around $1 each.
The initial coins produced from 2007-2011 were minted in extremely high numbers, making Presidential gold dollar coin values not particularly high.
Certain editions of the coin, like the George HW Bush Presidential gold dollar coin, are rarer than others and have a higher value due to lower mintage numbers.
For your interest: Rare Coin Values Chart
Determining Value
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Determining the value of gold one dollar presidential coins can be a bit tricky. They're minted in large quantities, so their value isn't based on precious metal content.
Their values depend entirely on collector interest and numismatic investment potential. This means their worth can fluctuate over time.
The condition of a coin is crucial in determining its value. Higher-grade coins are generally worth more.
A coin in BU (Brilliant Uncirculated) condition is considered pristine and highly valuable. There are more than 100 MS67 coins, and each one is worth approximately $375.
For more insights, see: Are $1 Dollar Presidential Coins Worth Anything
Value Factors
Determining the value of gold one dollar presidential coins can be tricky, considering they contain no precious metal content and have been minted in exceptionally large quantities.
Five main factors influence Presidential gold dollar coin values: collector demand, historical context, Presidential legacy, market fluctuations, and investment potential.
The George HW Bush Presidential gold dollar coin value is higher than most of the other coins in the series, primarily because it was released in lower numbers during the 2020 pandemic than previous Presidential coins.
Higher-grade coins, like those in pristine BU (Brilliant Uncirculated) condition, are usually worth more, and Presidential gold dollar coins are no exception.
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Determining Value
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Determining the value of Presidential gold dollar coins can be a bit tricky, considering they're minted in large quantities and contain no precious metal content.
Their values depend entirely on collector interest and numismatic investment potential, which means they're valuable for collectable reasons rather than just their bullion content.
Presidential gold dollar coins are very valuable when they're in BU (Brilliant Uncirculated) condition, free of damage and markings.
There are more than 100 MS67 coins, and each one is worth approximately $375.
The grade and condition of a coin play a huge role in determining its value, with higher-grade coins being worth more.
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Rarity and Mintage
The Presidential gold dollar coin series produced extremely high numbers of coins in the early years, resulting in a significant stockpile of uncirculated coins.
Mintage numbers for the initial coins produced from 2007-2011 were so high that it led to a decrease in the coin's value.
Take a look at mintage numbers before deciding which Presidential gold dollars to purchase, as certain editions are rarer than others.
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The George HW Bush Presidential gold dollar coin value is higher than most of the other coins in the series, primarily because it was released in lower numbers during the 2020 pandemic.
Pieces with lower circulation figures might be worth quite a bit more than common coins produced in the hundreds of millions.
Factors Influencing Value
Presidential gold dollar coin values are influenced by a variety of factors, and understanding these factors can help you make informed purchasing decisions.
Collector demand is the single most important influence on the value of a numismatic coin, and Presidential gold dollar coins are no exception. The value of these coins can fluctuate greatly depending on investor interest.
Historical context plays a significant role in determining the value of Presidential gold dollar coins. The George HW Bush Presidential gold dollar coin value, for instance, is higher than most of the other coins in the series due to its lower mintage numbers during the 2020 pandemic.
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Presidential legacy is another factor that can impact the value of these coins. The more popular and influential a President is, the higher their coin's value may be.
Market fluctuations can also affect the value of Presidential gold dollar coins. During times of high gold prices, some collectors may switch to non-bullion coins to add numismatic value to their portfolios.
Investment potential is the final factor that influences Presidential gold dollar coin values. The value of completing a collection of Presidential gold dollar coins seems pretty clear, making it a solid investment for resellers.
Check this out: Is Gold Coins a Good Investment
Specific Coins
The John Quincy Adams dollar coin was minted in 2008, and some of them were missing their edge lettering, making them scarcer than the plain edge Washington dollars.
These coins have generally fallen in value over time, with the auction record for a plain edge Adams dollar being set in 2012 at $1,104 for a coin graded MS66.
The PCGS values coins graded MS68 at $425 apiece, but there are 17 of them certified, making them less desirable than other "best in class" examples.
The auction record for a John Quincy Adams dollar with edge lettering missing was $646, set in 2016 for a coin graded MS65.
Denominations and Series
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The Presidential gold dollar coin series is quite straightforward when it comes to denominations. Each coin is worth only $1 USD.
The face value of these coins has remained consistent throughout the series. We don't see any coins with a face value higher than $1 USD.
While some rare coins might be worth more than their face value, most trade for around one to two dollars. This is a general rule of thumb for these coins.
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2008 John Quincy Adams Dollar, Missing Edge Lettering, MS68 $425
The 2008 John Quincy Adams Dollar is a fascinating coin to collect, especially if you're looking for one with missing edge lettering. The PCGS values a coin graded MS68 at $425.
Some of these coins are quite rare, and their value can fluctuate over time. The auction record for a plain edge Adams dollar was set in 2012, with a coin graded MS66 selling on eBay for $1,104.
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Even the finest quality coins, graded MS68, aren't as desirable as other "best in class" examples. The PCGS has certified seventeen of these coins, which are valued at $425 apiece.
It's worth noting that the value of these coins can change over time. The auction record for this mintage and error is $646, set in 2016 for a coin graded MS65.
US Presidents on Dollar Coins
The Presidential dollar coin program was initiated by George W. Bush's administration to honor US presidents on the currency. It was authorized by the Presidential $1 Coin Act, which was passed in 2005.
The program features a different president's face on the front of the coin, while the Statue of Liberty is displayed on the back. Each coin is released in the order of the president's term, starting from George Washington and ending at Ronald Reagan.
The program began in 2007 and was set to run until 2016. During this time, 10 different presidents' portraits were featured on the coins. These presidents are: George Washington, John Adams, Thomas Jefferson, James Madison, James Monroe, John Quincy Adams, Andrew Jackson, Martin Van Buren, William Henry Harrison, and John Tyler.
Here is a list of the first 10 presidents featured on the coins, along with their release dates and total mintage:
The program was expanded in 2016 to include living former presidents, ensuring the tradition of honoring US leaders on the currency continues.
Final Thoughts
These coins are highly reliant on numismatic interest, which means their value is largely determined by their historical significance and the public's perception of the president featured on the coin.
Their values can vary greatly, depending on factors like investor demand and sentiment, which can be influenced by the president's reputation.
Grading coins at home is a skill that can be developed with practice, and it's essential for determining a coin's value.
If you're interested in collecting gold one dollar presidential coins, be sure to learn how to grade coins at home to get a better understanding of their value.
Here are some key factors that can affect the value of these coins:
Understanding these factors can help you make informed decisions when buying or selling gold one dollar presidential coins.
Sources
- https://www.herobullion.com/presidential-gold-dollar-coin-value/
- https://www.boldpreciousmetals.com/blogs/presidential-gold-dollar-coin-value
- https://www.coinvaluechecker.com/rare-presidential-dollar-coins/
- https://www.usacoinbook.com/coins/dollars/presidential/
- https://coin-identifier.com/blog/coins-overview/presidential-dollar-coins-value
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