Finance

Dollar Coin Worth Anything?

Dollar Coin Worth

This article will briefly talk about the United States Dollar Coin and its worth now, we will also talk about the different versions of Dollar Coins, as well as the different designs. The Dollar Coin is still very valuable in some countries. The value of 1-dollar coin in the aboki dollar rate in Nigeria today is N550, which is enough to buy two tins of milk or a plate of meal in the suburb.

History of Dollar Coins

The United States dollar coin was first minted in 1794-1804, it was later minted in 1836-1904. Years after, the coin was minted again n 1921-1928, and 1934-1935. It was subsequently minted in 1971-1981, and 2000 – present.

The U.S. dollar coin is second to the half dollar in terms of physical weight and size, it is currently the security largest coin in the United States.

The Dollar Coins have been minted in different versions like; gold, silver, and base metal.

Are People Still Using Dollar Coin?

The removal of precious metal from coins made the dollar coin not to be popular in the United States. The United States government made several efforts to promote the use of the dollar coins so as to save the cost of printing one-dollar bills, this did not still yield positives as the United States citizens  prefer the bill instead of the dollar coins.

Because of it’s unpopularity, the Mint had stopped producing the dollar coin since 11th December, 2011.

Versions of Dollar Coin

There are different versions of the dollar coin that has been minted by the United States government since 1794. We have the Silver Dollar Coins, Golden Dollar Coins, Copper-nickel Clad Dollar Coins, and also the Manganese Brass ‘Golden’ Dollar Coins.

Each of these versions of dollar coins has different designs, the Silver Dollar Coin has the most designs among other versions of coins. See the different designs of the United States dollar coins below;

  1. Silver Dollar Coins:
  • Flowing Hair Dollar
  • Draped bust Dollar
  • Gobrecht Dollar
  • Seated Liberty Dollar
  • Trade Dollar
  • Morgan Dollar
  • Peace Dollar
  • American Silver Eagle
  1. Golden Dollar Coins
  • Liberty Head
  • Indian Head
  1. Copper-nickel Clad Dollar Coins
  • Eisenhower Dollar
  • Susan B. Anthony Dollar
  1. Manganese Brass ‘Golden” Dollar Coins
  • Sacagawea Dollar
  • Presidential Dollar Coins
  • American Innovation Dollar Coins

When was the first dollar coin made?

The first dollar coin that was minted was the Silver Dollar coins known as Flowing Hair dollar. This dollar coin was designed by Robert Scot in 1794. It is also the most expensive dollar coin among other coins that have been produced by the United States government.

 

How rare is a dollar coin?

The dollar coin is relatively very rare because of the low acceptance rate that it enjoys among the citizens of the United States. The people of continued to prefer the one-dollar bill instead of the dollar coins.

What is the oldest one dollar coin?

Like we said above, the oldest dollar coin was the Silver Dollar coins known as Flowing Hair dollar and was first produced in 1794. The United States had intended that the Flowing Hair dollar will equal the Spanish Dollar in both size and weight.

Are the Dollar Coins Worth Anything?

Several presidential coins that are in circulated conditions are probably worth their face value which is $1. However, the ones that are in uncirculated condition may be sold as a premium while proof coins may sell for a higher price.

See the Average Price of the Sacagawea & Native American $1 Coins Below (table source: TheSpruceCrafts)

Date & Mint Circ. Buy Circ. Sell Unc. Buy Unc. Sell
2000 P F.V. F.V. $1.50 F.V.
2000 P Cheerios * $1,500.00 $1,200.00 $3,000.00 $2,600.00
2000 P Wounded Eagle * $275.00 $225.00 $475.00 $390.00
2000 P Presentation * $300.00 $225.00 $350.00 $300.00
2000 D F.V. F.V. $1.50 F.V.
2001 P F.V. F.V. $2.50 $1.50
2001 D F.V. F.V. $2.50 $1.50
2002 P F.V. F.V. $2.50 $1.50
2002 D F.V. F.V. $2.50 $1.50
2003 P F.V. F.V. $4.00 $3.00
2003 D F.V. F.V. $5.00 $3.50
2004 P F.V. F.V. $5.00 $3.50
2004 D F.V. F.V. $5.00 $3.50
2005 P F.V. F.V. $3.50 $2.75
2005 D F.V. F.V. $3.50 $2.75
2006 P F.V. F.V. $3.50 $2.75
2006 D F.V. F.V. $7.00 $5.25
2007 P F.V. F.V. $2.00 $1.50
2007 D F.V. F.V. $2.00 $1.50
2008 P F.V. F.V. $2.00 $1.50
2008 D F.V. F.V. $2.00 $1.50
Native American Dollar Series
2009 P F.V. F.V. $2.00 $1.50
2009 D F.V. F.V. $2.00 $1.50
2010 P F.V. F.V. $2.00 $1.50
2010 D F.V. F.V. $2.00 $1.50
2011 P F.V. F.V. $2.00 $1.50
2011 D F.V. F.V. $2.00 $1.50
2012 P F.V. F.V. $2.00 $1.50
2012 D F.V. F.V. $2.00 $1.50
2013 P F.V. F.V. $2.00 $1.50
2013 D F.V. F.V. $2.00 $1.50
2014 P F.V. F.V. $2.00 $1.50
2014 D F.V. F.V. $2.00 $1.50
2015 P F.V. F.V. $2.00 $1.50
2015 D F.V. F.V. $2.00 $1.50
2016 P F.V. F.V. $2.00 $1.50
2016 D F.V. F.V. $2.00 $1.50
2017 P F.V. F.V. $2.00 $1.50
2017 D F.V. F.V. $2.00 $1.50
2018 P F.V. F.V. $2.00 $1.50
2018 D F.V. F.V. $2.00 $1.50

F.V. means Face Value.

Can you get presidential dollar coins at the bank?

Due to the fact that dollar coins are not frequently in use and has less demand, most of the banks may not have several types of rolls of these coins. You may have to ask the bank what type of dollar coins is available. However, any retail bank should have a few dollar coins at least but you may not get the entire rolls.

What is the most expensive coin worth?

The Flowing Hair Silver/Copper Dollar which was produced in 1794 – 1975 is undoubtedly the most expensive Dollar Coin. The Flowing Hair Silver/Copper Dollar was the first dollar coin that was produced by the United States federal government and it is worth around $10 million

Are 2020 coins worth anything?

The condition of the 2020- quarter Dollar Coins determines how much the coin will be worth. The nicest coin grading Mint State-68 or better is worth more than $500, while a 2020 coin that is in the uncirculated condition is worth between $15 to $20.  A 2020-W quarter coin that is worn can go for between $5 to $10.

You can see that the United States Dollar Coins are still worth a lot depending on the condition and the purpose of exchange.

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