Abraham Lincoln Dollar Coin 1861 To 1865 Worth
Introduction
The Abraham Lincoln Dollar Coin is a commemorative coin that was released by the United States Mint in 2010. The coin is part of the Presidential $1 Coin Program and is the sixteenth coin to be released in the series. The coin features the likeness of Abraham Lincoln, the 16th President of the United States, on the obverse side and the Statue of Liberty on the reverse side.
History
The Presidential $1 Coin Program was authorized by the Presidential $1 Coin Act of 2005. The act required the United States Mint to release four new Presidential $1 coins each year, in the order of the President's term in office. The Abraham Lincoln Dollar Coin was released in 2010, along with coins featuring Millard Fillmore, Franklin Pierce, and James Buchanan.
The Abraham Lincoln Dollar Coin was designed by United States Mint Artistic Infusion Program (AIP) Master Designer Justin Kunz and sculpted by United States Mint Sculptor-Engraver Phebe Hemphill. The obverse side of the coin features a portrait of President Lincoln with the inscriptions "Abraham Lincoln," "In God We Trust," "16th President," and "1861-1865."
The reverse side of the coin features a rendition of the Statue of Liberty with the inscriptions "United States of America" and "$1."
Value
The value of the Abraham Lincoln Dollar Coin varies depending on its condition and whether it is graded or not. Generally, an uncirculated coin in its original packaging can be worth around $2.00 to $3.00. A graded coin in perfect condition can be worth much more, with some coins selling for over $100.00.
Grading
Grading is the process of evaluating a coin's condition and assigning it a grade based on a scale from 1 to 70. The higher the grade, the better the condition of the coin. Grading is done by professional coin grading services such as the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC).
Graded coins are worth more than ungraded coins, as collectors value the assurance of a third-party grading service that the coin is in the condition claimed. A graded Abraham Lincoln Dollar Coin in perfect condition can be worth significantly more than an ungraded coin of similar condition.
Conclusion
The Abraham Lincoln Dollar Coin is a popular collector's item and a piece of American history. The coin's value varies depending on its condition and whether it is graded or not. Collectors interested in purchasing an Abraham Lincoln Dollar Coin should consider having it graded by a third-party grading service to ensure its authenticity and condition.