![]() So to conclude presidential coins may be valuable due to minting errors or rarity. Some people also found coins that were missing entire portraits, on one or both sides. Of course, these aren’t the only errors, some coins feature upside-down words on the rim. These errors include things like missing mint marks, issuance year, or edge inscriptions for “In God We Trust” and “E Pluribus Unum”. However, there were some minting errors in the early stages (the first few months). As I said there are over a billion Presidential coins in Federal Reserves so not all of them are valuable and rare. Like with all coins not all of them are valuable. So from 2012 to the end of the program, only a small number of new coins were minted only for coin collectors. This way the taxpayers saved up to $50 million per year. Mint stop minting and circulating the presidential coins. The former Secretary of the Treasure declared in 2011 that the U.S. The only reason was that the popularity of these coins rapidly declined and the stockpiles in Federal Reserve vaults were approximately $1.4 billion of Presidential dollar coins. The program ended in 2016 with the Reagan mint. The former president must be deceased for at least two years before it gets its own presidential coin.The list must follow the exact line in the order that each president served in the White House.The program laid out two ground rules and guidelines for issuing these one-dollar coins: The very first coin with the image of the first president, George Washington was minted in January 2007. Also, the First Spouses were honored under this program with uncirculated mints. It was signed into law in December 2005 by former President George W. This is a much easier task now that the mint has finished with this series of coins.The Presidential Coin Program was created for the simple purpose of honoring all the deceased presidents that served in the White House. We are working on updating our database to contain all presidential coins. Most other presidential coins maintain only their face value, although most Presidential $1 Coins that were uncirculated may be worth more than their face value. 2007-P J Adams (double edge lettering) - currently selling for around $250 to $300 for MS-65.2007 J Adams (missing edge lettering - also currently selling for around $150 for MS-65.2007 Washington (missing edge lettering) - currently selling for around $150 for MS-65.Specifically, the following coins hold the most value: Which Presidential Coins are the Most Valuable?Īs printing errors primarily existed during the early mint phase in the 2007 series of coins, George Washington and John Adams coins maintain the highest possible values for Presidential $1 Coins. The number of circulated coins decreased as the program neared its end, although the Woodrow Wilson coin, not the Ronald Reagan coin, has the fewest number in circulation, at just 7,980,000 coins. The program officially ended in 2016 with the Reagan mint.įinally, First Spouses were also honored under this program with uncirculated mints.Ĭoins may be valuable due to minting errors or rarity. However, the program did not actually end until the last eligible president, Ronald Reagan, was honored. While the Presidential Coin Program was intended to have a much longer run, it was initially suspended in 2011. Additionally, some individuals found the words on the rim struck upside down, while others have found coins that were missing entire portraits on one or both sides. ![]() In this case, errors occurred fairly early after minting began and within the first few months, which included missing edge inscriptions for both “In God We Trust” and “E Pluribus Unum,” as well as missing mint marks and issuance year. However, as with many newly-minted coin programs, there were some mint errors early only. The program is similar to the 50 State Quarters program, officially began on January 1, 2007, and officially ended in 2016. The program only allowed presidents who had been deceased for at least two years to be honored with their own coin, making every president up to Ronald Reagan, (but excluding Jimmy Carter) eligible to receive their own coin. Do you have a few presidential coins in your collection? Looking to pickup a few from the bank, a dealer, or just hunting them from circulation? The Presidential $1 Coin Act of 2005 was passed to honor former U.S.
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