The Thomas Jefferson Presidential Dollar is a cherished coin in U.S. history. It honors Thomas Jefferson, the third President of the United States. Collectors and history enthusiasts admire this coin for its design and significance. This article explores its features, history, and value.
Features of The Thomas Jefferson Presidential Dollar
The Thomas Jefferson Presidential Dollar has distinct features that make it special:
- Obverse (Front): Displays Thomas Jefferson’s portrait designed by Joseph Menna.
- Reverse (Back): Shows the Statue of Liberty, designed by Don Everhart.
- Edge Inscription: Includes the year, mint mark, and “E Pluribus Unum.”
- Composition: Made of a copper core with manganese-brass outer layers.
- Size and Weight: Measures 26.5 mm in diameter and weighs 8.1 grams.
History and Significance
Thomas Jefferson’s Legacy
- Served as the third U.S. President from 1801 to 1809.
- Drafted the Declaration of Independence.
- Expanded the U.S. through the Louisiana Purchase.
- Founded the University of Virginia.
Release and Minting
- Issued on August 16, 2007, as part of the Presidential Dollar series.
- Minted at Philadelphia (P) and Denver (D) mints.
- Not released for circulation but available in rolls, bags, and sets.
Collecting The Thomas Jefferson Presidential Dollar
Why Collect This Coin?
- Historical Value: Honors a key figure in U.S. history.
- Unique Design: Features an elegant portrait and fine details.
- Limited Availability: Not commonly found in circulation.
- Investment Potential: Rare and high-grade coins increase in value over time.
How to Identify a Valuable Coin
- Mint Mark: Look for “P” or “D” on the coin’s edge.
- Condition: Uncirculated and proof coins are more valuable.
- Errors and Variations: Missing edge inscriptions can boost value.
- Grading: Higher-grade coins (MS65+) fetch better prices.
The Value of The Thomas Jefferson Presidential Dollar
Factors Affecting Value
- Condition: Mint State (MS) coins have higher worth.
- Mint Mark: Coins from certain mints may be rarer.
- Errors: Misprints and missing inscriptions can increase value.
- Demand: Popularity among collectors influences price.
Estimated Market Prices
- Circulated Coins: Worth around face value ($1).
- Uncirculated Coins: Range between $2 to $5.
- Proof Coins: Valued between $5 and $10.
- Error Coins: Can sell for $50 or more.
Tips for Collecting and Preserving
How to Store Your Coins
- Use Holders: Protect coins in airtight capsules.
- Avoid Touching: Handle with gloves to prevent damage.
- Keep in a Cool Place: Prevents oxidation and discoloration.
Where to Buy and Sell
- Coin Dealers: Visit reputable numismatic shops.
- Online Marketplaces: eBay and coin forums offer many options.
- Coin Shows: Great for finding rare pieces.
- Auction Houses: Sell high-value coins for maximum returns.
The Thomas Jefferson Presidential Dollar is an essential collectible for history and coin lovers. With its historical significance and investment potential, it remains a sought-after piece. If you find one, keep it safe, as its value may grow over time.
FAQs
What makes The Thomas Jefferson Presidential Dollar valuable?
The coin’s condition, mint mark, and rarity influence its value.
Where can I buy a Thomas Jefferson Presidential Dollar?
You can buy it from coin dealers, online marketplaces, and auctions.
How do I store my Thomas Jefferson Presidential Dollar?
Use airtight holders, avoid touching with bare hands, and store in a cool place.
Are there any errors in this coin that increase its value?
Yes, missing edge inscriptions and misprints can make it more valuable.
Is the Thomas Jefferson Presidential Dollar still in circulation?
No, it was not widely circulated and is mostly available through collectors and dealers.