Table of Contents
The Thomas Jefferson Dollar was released on 16 August 2007, and it is the third in the multi-year Presidential Dollar coin series. The U.S. Mint hosted an official release ceremonial at the Jefferson Memorial in Washington. The publication of findings from the Mint’s Gallup Poll, in which the mint asked Americans some fundamental questions about the first four U.S. presidents, was one of the attractions of the release event.
The Presidential $1 Coin Act (Public Law 109-145) authorized the U.S. Mint to make one-dollar coins depicting each country’s presidents. The rule also stipulated that any president represented on a coin must have died at least two years before release. As a result, these coins were dubbed “Godless Dollars” in 2007 and 2008. Due to the engraved words “E Pluribus Unum,” the mintmark, the year of issuance, 13 five-pointed stars, and “In God We Trust” on the coin’s edge.
In 2009, Congress mandated that “In God, We Trust” be relocated to the obverse of a coin. The face of this presidential coin was created and etched by Joseph Mena, and don Everhart sculpted and carved a typical design on the reverse. Each coin has a pure copper core with a manganese brass coating. The coin comprises 88.5% Cu, 6% Zn, 3.5% MN, 2 %Ni. In this post, you will acknowledge everything about Thomas Jefferson Dollar Coin.
How Much is a Thomas Jefferson Dollar Coin Worth?
The 2007 P & 2007 D Thomas Jefferson Dollar Coin & is worth $3.50 in uncirculated condition with MS 65 grade. The 2007 S Thomas Jefferson Dollar Coin is worth $4 in PR 65 condition. These high-quality rare coins sell for a premium price only in uncirculated conditions.
The United States Mint manufactured the 2007 P, 2007 D, and 2007 S Thomas Jefferson dollar coins. The coin’s edge has the mintmark. Regular coins lack the fine detail found on proofs. Because they are stuck using specialized planchets, they need more time to produce. They’re not going to be in your wallet since they’re only made for collectors. Because the 2007 Thomas Jefferson dollar coins are in circulation, they are only worth $1.00. A higher price is paid for these coins if they are found in their original uncirculated condition.
Thomas Jefferson, known as the “silent member” of the Continental Congress, wrote volumes with his pen. At 33, he authored the Declaration of Independence and became America’s diplomatic envoy to France, succeeding Benjamin Franklin. Louisiana Purchase and Lewis & Clark Expedition were two of President Thomas Jefferson’s most significant accomplishments during his first time as President, which almost quadrupled the United States’ size.
The current Westward Journey Nickel Series from the United States Mint commemorated the anniversary of these historical events. Jefferson retired to Monticello at the end of his presidency, where he labored to build the University of Virginia in neighboring Charlottesville. The school was initially established in March 1825, with 123 students.
How much is a 2007 Jefferson golden dollar worth? A
The Thomas Jefferson 2007 Golden Dollar is worth $2.28 in uncirculated MS+ Mint condition. The coin is also found in MS 65 gem uncirculated form. It offers a strong luster & appealing eye experience. Some Light Contact marks may be present, but they are barely visible.
When Authorities introduced the presidential “golden” dollars in 2007, they made history as the first circulated U.S. dollar coins with edge writing in over 200 years. However, pieces that had somehow fled the mint with their edge inscription began to appear. In our catalogs, this is the only time we’ve ever offered a 2007 Thomas Jefferson dollar without the date, mintmark, motto e Pluribus Unum, or motto in God we trust.
The media even labeled these early releases “Godless” coins! However, both Uncirculated coins are encased and put in an attractive display case, and this Missing Edge Lettering coin is matched with its properly struck twin. Order this intriguing Error set now to acquire a treasured first-year-of-issue coin commemorating an American Founding Father and the author of the Declaration of Independence.
What coin is Thomas Jefferson on?
The Thomas Jefferson Dollar Coin is on nickel composition. Jefferson’s portrait has been on the nickel since 1938. In 1938 authorities changed the Thomas Jefferson Dollar Coin design from buffalo nickel.
The United States Treasury decided to discontinue minting Buffalo nickels in 1938. The Buffalo nickel (known as the Indian Head nickel) has just finished its twenty-five-year mandated circulation. Because the new President, Franklin D. Roosevelt, was a fan of Thomas Jefferson, the United States Mint sponsored a competition to design a coin in his honor. A $1,000 reward would be awarded to the winning entry. Usually, American coins are created by the Mint’s Chief Sculptor-Engraver, but the public was encouraged to contribute ideas for the Jefferson five-cent piece.
The reverse side of nickel was redesigned for the first time in 2004 to celebrate the anniversary of the Lewis and Clark Expedition. The Indian Peace Medal was portrayed on one minting, while the keelboat from the voyage was represented on the other. The United States Mint added a new portrait of Jefferson to the front of the nickel in 2005 to give it a more modern appearance. Joe Fitzgerald created the illustration. In addition, the mint has prepared two alternate coin reverse sides based on the concept “a Westward Journey.” The American bison was shown on one design, while the Pacific Ocean — the expedition’s ultimate aim — was depicted on the other.
In 2006, the nickel had a new forward-facing picture of Jefferson on a freshly cast reverse based on the 1800 Rembrandt Peale portrait. In addition, the obverse featured a revised forward-facing image of Jefferson derived from the 1800 Rembrandt Peale portrait. It is the first circulating coin in the United States to depict a President pointing forward. Jamie Franky created the new obverse design.
The contemporary minting technology is more detailed than the 1938 picture. The metal composition of the “nickel” has varied, although the graphics on the coin have remained mostly the same. For the most part, the Jefferson nickel has been made up of 75% copper and 25% nickel alloy. However, from 1942 until 1946, a wartime variant of the coin was in circulation. It had 56% copper, 35% silver, and 9% manganese in metal content. Nickel, which was previously utilized as money, was shifted to military use.
Is the Thomas Jefferson coin rare?
The Thomas Jefferson Dollar Coins are not rare, and however, these Thomas Jefferson Dollar Coins can sell at a premium price. The error coins of this dollar coin are precious & rare. Examples of error coins are Jefferson Dollar Die Clash, Jefferson Dollar Double Die & Weak Edge Lettering on Jefferson Coin.
When Jefferson dollar dies, clash mistakes come to market, they frequently sell for $30 or more. A die collision mistake happens when two dies collide without a planchet. As a result, some of the opposing die designs appear on the other die in a die collision mistake. Alternatively, the die collision might cause additional types of damage. Die clash mistakes, in any case, are very valuable.
According to collectors, several Thomas Jefferson dollar coin doubled dies have been discovered. According to one account, several gown folds on the reverse (tails side) of the 2007-P Jefferson dollar coin are duplicated on the Statue of Liberty. Because so few such coins have been sold on the market, values are all over. On the other hand, similar double dies have often sold for $50 to $100. The edge lettering is one of the most prevalent faults on Presidential $1 coins. There is no inscription on the edges, some writing along the edges, and edge writing is messed up. In addition, there are many inaccuracies because the border writing was placed separately from the obverse & reverse striking on the Presidential $1 coins.
Authorities frequently tripped up this extra step for various reasons. The semi-smooth edge mistake, also known as the weak edge lettering error, is one such error. The edge writing is imprinted very faintly into the coin’s edge in this misprint, and it’s a rare mistake with a value of roughly $50. The edge writing is intended to be in a specific order on Presidential dollars. The inscriptions usually read 2007 (mintmark) — E PLURIBUS UNUM — WE TRUST IN GOD. Although the descriptions on several 2007-S proof Jefferson dollars were inverted, 2007-S — IN GOD WE TRUST — E PLURIBUS UNUM was the correct reading on those coins.
The mottoes were arranged incorrectly by a mint worker organizing the separate parts of the edge lettering design. What’s less clear is how many of these mistakes were made. As of this writing, this defect appears only found on Jefferson dollar coins. It’s also incredibly uncommon since just a few of these coins have surfaced in the years following the coin’s release in 2007. Even though it’s worthless, the Jefferson dollar with an edge defect sought $10,000 from the person who discovered it!
Overall the Thomas Jefferson Dollar Coin is valuable and worth the collection. But even though the coins aren’t directly about Thomas Jefferson, he does feature on two more coins released by the United States Mint. In addition, the 2006 South Dakota Statehood Quarter portrays Mount Rushmore, which includes a sculpture of Jefferson’s visage.
The Mount Rushmore Half Dollar, produced in 1991 to mark the 50th anniversary of this stunning mountainside monument, is another commemorative coin. Jefferson is also seen on the $2 US Bill and the $100 Series E.E. Savings Bond in the United States. We hope you must have acknowledged everything about Thomas Jefferson Dollar Coin. If you have questions about Thomas Jefferson Dollar Coin, let us know in the comment box.
If you like bills and coins, you should learn more about Gold and Silver IRAs. You can protect your retirement fund if you invest in precious metals. Investors with gold IRAs can hold physical metals such as bullion or coins. Get a free pdf about Gold IRA.
GET GOLD IRA GUIDE