In a circulated condition, Thomas Jefferson dollar coins are worth only their face value, but in the uncirculated condition, these coins can be worth up to $4. Error coins can be worth $400 or more, so look out for those!
The Thomas Jefferson dollar coin was introduced in 2007, and it was the first dollar coin to feature a portrait of a president on the obverse side. The coin was met with mixed reviews, and it was eventually discontinued in 2011. In this blog post, we’ll take a closer look at the Thomas Jefferson dollar coin and what makes it so valuable, so keep on reading!
Who was Thomas Jefferson?
Thomas Jefferson was one of the most influential Founding Fathers of the United States. He was born on April 13, 1743, in Shadwell, Virginia and died on July 4, 1826, in Charlottesville, Virginia.
Jefferson was a writer, lawyer, and politician who served as the third President of the United States. He was also the principal author of the Declaration of Independence, which proclaimed the independence of the United States from the Kingdom of Great Britain.
Jefferson was a leading figure in the American Enlightenment and helped advance the ideals of republicanism in the United States. He was a strong advocate for democracy and individual rights, and he played a major role in the development of the American political system. He was also a founding father of the University of Virginia and an avid architecture enthusiast.
Jefferson was a complex figure, and his legacy is still being debated and discussed centuries after his death. But there is no doubt that he was a profoundly important figure in American history.
What are Presidential Dollar Coins?
The United States Mint began producing Presidential Dollar Coins in 2007. These coins feature images of all former U.S. Presidents and are intended for use in circulation. Presidential Dollar Coins are made of a clad alloy of manganese and copper and are the same size and weight as a quarter.
Presidential Dollar Coins were initially met with mixed reviews. Some people loved them and thought they were a great way to honor our former Presidents. Others thought they were unnecessary and a waste of money. However, the Mint continued to produce them for a few years until the production was discontinued due to low demand.
Are Presidential Coins Collectible?
Presidential coins are a relatively new addition to the world of collectible coins, but they are already gaining in popularity. Even though they were first minted less than twenty years ago, many people are interested in collecting them because they are no longer being produced.
As more and more people become interested in collecting coins, the value of presidential coins is likely to increase. The designs on Presidential coins are quite unique, and they offer a glimpse into the history of our nation. In addition, Presidential coins are a great way to show your support for your favorite President. If you’re looking for a coin that will appreciate in value over time, a Presidential coin is a great choice.
Thomas Jefferson Presidential Dollar Coin Identification Guide
The Jefferson dollar coin features Thomas Jefferson on the obverse (front of the coin) and the Statue of Liberty on the reverse (back of the coin). Obverse inscriptions include “THOMAS JEFFERSON”, “3RD PRESIDENT 1801-1809”, and the date. Reverse inscriptions include “UNITED STATES OF AMERICA” and “$1”. The coin was designed by artists/engravers Joseph Menna and Don Everhart.
It is composed of 88.5% copper, 6% zinc, 3.5% manganese, and 2% nickel, and has a total weight of 8.1 grams.
The coin also has a reeded edge. The edge inscriptions on the Jefferson dollar coin include the date 2007 and the motto “E Pluribus Unum.” There are three mint marks, depending on where the coin was minted: Philadelphia (P), Denver (D), and San Francisco (S).
How Rare is Thomas Jefferson Presidential Dollar Coin?
The Jefferson dollar coin is not a rare coin by any means. Over 206,000,000 were minted between the Philadelphia, Denver, and San Francisco mints. The Philadelphia mint alone produced over 100 million of them. The Denver mint produced even more. And there are also several million proof coins from the San Francisco mint.
So, if you have a Jefferson dollar coin, chances are good that you’re not the only one. But that doesn’t mean that your coin is worthless.
Are There Any Errors on Thomas Jefferson Presidential Dollar Coins?
As any collector knows, coins with errors can be worth a small fortune. There are some errors that can increase the value of a Thomas Jefferson dollar coin, so let’s take a closer look at them.
Jefferson Dollar Die Clashes
In minting coins, each die is supposed to strike a blank planchet, or metal disc. However, sometimes the dies can come together without a planchet in between them, leaving an imprint of both dies on a single coin. This error is known as a die clash, and it can be quite valuable to collectors.
Jefferson Dollar Doubled Dies
This error occurs when the die used to strike the coins is misaligned, causing the design elements to appear double. These errors are highly sought after by collectors, and a single coin can be worth hundreds of dollars.
Edge Lettering Error
Due to a manufacturing error, some coins were produced without any edge lettering and some coins had messed up edge lettering.
This error occurred when the blank planchet (the metal disc that is eventually struck by the die to create the coin) was not properly aligned with the collar (the ring that holds the blank planchet in place during striking). As a result, the edge lettering was not imprinted on the coin.
Reversed Inscriptions
Due to a manufacturing error, some of the coins were struck with the inscriptions reversed, reading “GOD WE TRUST” first and “E PLURIBUS UNUM” second. Though the mistake was quickly corrected, a small number of the defective coins made it into circulation. While the mistake may seem trivial, it has caused quite a stir among collectors.
But how does that happen? It appears that a mint employee who was arranging the individual edge lettering device pieces made a mistake regarding the mottoes’ order. Thanks to him, these coins can be worth hundreds today!
What Is Thomas Jefferson 1801 to 1809 Coin Worth?
The Thomas Jefferson 1801 to 1809 coin is worth a certain amount of money depending on a number of different factors. The most important factor is the condition of the coin, which is judged by professional numismatists. The second major factor is the series, which refers to the particular US Mint it was produced in.
In general, most 2007 Thomas Jefferson dollar coins in circulated condition are only worth their face. In uncirculated condition, they can be worth up to $4. The low price is due to the fact that these coins are not rare (over 200 million were minted), and they are still relatively new.
The MS 65 grade is given to a coin that is considered to be in uncirculated condition. This means that the coin has never been circulated and therefore does not show any wear. Both the 2007 P and 2007 D Thomas Jefferson dollar coins are each worth around $4 in uncirculated condition with an MS 65 grade.
Proof coins are specially minted for collectors and have a higher value than regular coins. The 2007 S proof Thomas Jefferson dollar coin is worth around $4 in PR 65 condition, which means it is in perfect condition.
Ebay is a great marketplace for both regular and proof coins, wether they’re in circulated or uncirculated condition. It’s also a great place to compare sold coins to your Thomas Jefferson dollar coin and see how much could it be worth. For example:
- Uncirculated Thomas Jefferson dollar coin from the Philadelphia mints sold for $4.
- Uncirculated 2007 S Proof Thomas Jefferson dollar coin sold for $2.25.
- An unopened roll of 25 2007 D Thomas Jefferson presidential coins sold for $39 plus high shipping charges.
- Two similar unopened rolls of 25 coins sold for $75.
As you can see, presidential dollar coins are often sold in bulk in order to fetch a higher price. Value of single coins can vary based on condition or constantly changing market trends, but they rarely go over $4.
How Much is a Thomas Jefferson Error Coin Worth?
Many people have heard of error coins, but they may not be aware of how much these coins can be worth. Error coins are those that have been misstruck in some way, resulting in a flaw that is visible to the naked eye. While the value of an error coin will depend on the severity of the flaw, some can be worth quite a bit of money.
Thomas Jefferson die clash errors are relatively common, but they can still fetch a decent price on the collector’s market. Jefferson dollar die clash errors often sell for $30 or more, while more rare doubled dies have generally sold for anywhere from $50 to $100.
The most common type of error is coins with errors on their edges. These coins can be worth anywhere from $40 to $400. The most valuable type of error coin is a coin with a reversed inscription. These coins can be worth up to $10,000! If you have a Thomas Jefferson Error Coin, you should take it to a professional to have it appraised.
If you have those error coins and you’re looking to cash in on them, you may want to consider Heritage Auctions – the largest collectibles auctioneer and third-largest auction house in the world.
Heritage Auctions attracts buyers who are mostly interested in items with unique features, that’s why error coins can sell for a premium. For example, a Thomas Jefferson presidential dollar coin with missing edge lettering error graded MS 65 sold for $156. This is also a great way to see an approximate value of your dollar coin, but that price is not definite as it can vary due to market fluctuations.
Thomas Jefferson 250th Anniversary Dollar
The Thomas Jefferson 250th Anniversary Dollar was issued in 1994 to commemorate the 250th anniversary of the birth of Thomas Jefferson. The reverse of the coin features a rendering of Monticello, while the obverse features a portrait of Thomas Jefferson. This coin is made of 90% fine silver, and it features dual dates 1743-1993.
The coin was minted in San Francisco, and only a limited number were produced. As a result, the Thomas Jefferson 250th Anniversary Dollar is a relatively rare coin, with less than 500,000 coins issued. Designer T. James Ferrell created a beautiful and timeless design that captures the essence of Thomas Jefferson and his legacy.
What is the Value of Thomas Jefferson 250th Anniversary Dollar?
The coin is composed of 90% silver, so it’s worth at least the spot silver melt value. The value of the coin depends on its condition and whether it is circulating or uncirculated. A circulated coin is worth $12, while an uncirculated coin is worth at least $30. The value of the coin may increase if it is in pristine condition. Thus, the Thomas Jefferson 250th Anniversary Dollar is a valuable collector’s item that can also be used for regular transactions.
Final Thoughts
While Thomas Jefferson presidential dollar coin is not the most valuable coin out there, there is a potential for its price to increase in future due its unique background. Currently, circulated Thomas Jefferson dollar coins are worth only their face value, while uncirculated can be worth up to four times the face value, depending on the condition and mint series.
Error coins are extremely rare and always highly sought by collectors, and they can be worth hundreds of dollars depending on the type and the severity of the error. Thomas Jefferson error dollar coins with reversed inscription are the most valuable, and they can fetch even thousands of dollars on auctions. So, if you have any Thomas Jefferson dollars sitting in your piggy bank, take a closer look at them – they just might be worth more than you think. Thanks for reading!
