The Value of Gold Dollar Coins: A Look at Ulysses S. Grant's Contribution

When it comes to rare coins, errors can significantly impact their value. In the case of Presidential $1 coins, some errors have fetched hundreds of dollars in the marketplace. One such error is the 'Godless' coin, which lacks edge lettering due to an oversight by the mint. This mistake led to public pressure and eventually resulted in the motto 'IN GOD WE TRUST' being moved to the obverse side of the coin starting from 2009.

The Presidential dollar coins have had a tumultuous history, with some believing they were 'Godless' when the motto was not prominently displayed on the obverse. This misconception sparked a significant amount of debate and attention beyond the numismatic community. In contrast, the series failed to gain widespread popularity, unlike the 50 State Quarters program, which ended in 2008.

The Presidential dollar coin series began in 2007 and honored each deceased United States president who had served. Each year from 2007 to 2015, four presidents were featured on the coins, with the final three issues concluding with Ronald Reagan in 2016. A key criterion for inclusion was that a president would have had to pass away at least two years prior to being honored.

One of the most interesting aspects of these coins is their value. While they may not be as highly sought after as some other rare coins, errors can still make them valuable. In fact, some Presidential dollar coins have fetched hundreds of dollars due to their unique characteristics. For example, the 2011-P James Garfield $1 coin with a misprinted 'F' mintmark instead of an 'S' is extremely rare and highly valuable.

In conclusion, while the Presidential dollar coin series may not have achieved its goal of stimulating widespread circulation, it has still contributed to the world of numismatics. Errors, such as the 'Godless' coin, can significantly impact a coin's value, making them a fascinating area of study for collectors. Ulysses S. Grant's contribution to this series is just one example of how these coins have become valuable and sought after by collectors.

Gold dollar coin value ulysses s grant