Between 2007 and 2011, the U.S. Mint released a series of dollar coins featuring U.S. Presidents. While many were produced in large numbers, some presidential dollars are surprisingly valuable.
These rare coins, often due to errors or unique features, have become prized collectibles among numismatists. Let’s explore some of the most valuable presidential dollar coins that could be hidden in your collection.
Rare Presidential Dollar Coins Worth Thousands
1. 2007-D George Washington Dollar
The 2007-D George Washington dollar, when marked as a First Day of Issue (FDI), holds a significant premium. Only a few of these coins were graded MS67 by PCGS, making them highly valuable.
While most circulated Washington dollars are worth around $2, the pristine MS67 examples can fetch up to $475 due to their exceptional condition.
2. 2007 George Washington Dollar
Some Washington dollars from 2007 were minted with a significant error – missing edge lettering. These “Godless” dollars, as they were called, lack essential details such as the mintmark and date.
The finest examples, graded MS68, are valued at $4,250 due to their rarity and error status. Despite a drop in prices over time, these coins remain a highly sought-after collector’s item.
3. 2007 Thomas Jefferson Dollar
Another rare coin from 2007 is the Thomas Jefferson presidential dollar with missing edge lettering. Like the Washington dollar, this error made the coin more valuable. The finest specimen, graded MS68, is valued at $6,500.
With over 700 lower-grade examples in circulation, the MS68 versions remain some of the most expensive coins in the presidential dollar series.
4. 2007 James Madison Dollar
The 2007 James Madison dollar also suffers from the missing edge lettering error, significantly increasing its value.
Although over 200 million coins were minted, those lacking the necessary edge details are much rarer. A coin in mint state (MS67) can sell for up to $4,000, making it another highly desirable collectible.
5. 2008 William Howard Taft Dollar
Unlike earlier coins, the William Howard Taft dollar from 2008 had a relatively low mintage. This scarcity makes it an attractive addition to any collection.
With coins in exceptional condition, collectors have paid up to $3,000 for a pristine example. Its combination of rarity and condition boosts its market value significantly.
| Coin | Year | Condition | Error Type | Estimated Value |
|---|---|---|---|---|
| George Washington | 2007 | MS67 | FDI | $475 |
| George Washington | 2007 | MS68 | Missing Edge Lettering | $4,250 |
| Thomas Jefferson | 2007 | MS68 | Missing Edge Lettering | $6,500 |
| James Madison | 2007 | MS67 | Missing Edge Lettering | $4,000 |
FAQs
1. What makes presidential dollar coins valuable?
Presidential dollar coins gain value due to rarity, errors during minting, and their condition. Coins with missing details or unique features are considered more valuable, especially if they are in pristine condition.
2. How do I know if my presidential dollar coin is valuable?
Look for specific traits such as missing edge lettering, unusual minting errors, or if it’s a First Day of Issue coin. Have your coin professionally graded by services like PCGS to determine its value.
3. Why are coins with missing edge lettering so valuable?
Missing edge lettering is a rare minting error. These coins were produced without the standard inscriptions on the edge, which makes them unique and desirable to collectors.
4. Are all presidential dollar coins worth a lot of money?
No, most presidential dollar coins are only worth their face value unless they possess a minting error or are in exceptional condition. Rare and error coins, however, can fetch a significant premium.
Can I sell my rare presidential dollar coins?
Yes, rare presidential dollar coins can be sold through various coin dealers, auctions, or online platforms. It’s best to have them appraised or graded to ensure you’re getting the best value.
