George Washington One Dollar Coin 1789 To 1797 Value
George Washington was the first President of the United States and is considered to be one of the most important figures in American history. To honor his legacy, the United States Mint released a series of commemorative one dollar coins featuring his image. These coins were minted between 1789 and 1797 and are highly prized by collectors today.
History of the George Washington One Dollar Coin
The idea for a commemorative coin featuring George Washington was first proposed in 1783 by Thomas Jefferson, who at the time was serving as the United States Minister to France. However, it wasn't until 1789, after Washington had been elected President, that the coin was finally authorized by Congress.
The first George Washington one dollar coin was minted in 1792 and featured a bust of Washington on the obverse side and an eagle on the reverse side. The coin was also inscribed with the words "Liberty Parent of Science & Industry" and "United States of America."
Design of the George Washington One Dollar Coin
The design of the George Washington one dollar coin was created by artist Robert Scot, who was also responsible for designing many other coins for the United States Mint. The coin features a bust of Washington on the obverse side, with the words "George Washington President" and the year the coin was minted inscribed around the edge.
The reverse side of the coin features an eagle with outstretched wings, holding a ribbon in its beak that reads "E Pluribus Unum." The eagle is surrounded by the words "United States of America" and "One Dollar."
Value of the George Washington One Dollar Coin
The value of the George Washington one dollar coin varies depending on its condition, rarity, and historical significance. Generally, coins that are in excellent condition and have not been circulated are worth more than coins that are worn or damaged.
As of 2021, the value of a George Washington one dollar coin ranges from around $15 to $50, depending on its condition and rarity. However, some rare coins have sold for much higher prices at auction.
Collecting the George Washington One Dollar Coin
Collecting the George Washington one dollar coin can be a fun and rewarding hobby for coin enthusiasts. There are many different types of George Washington one dollar coins to collect, including coins with different mint marks and coins that were minted in different years.
When collecting George Washington one dollar coins, it's important to consider the coin's condition, rarity, and historical significance. Coins that are in excellent condition and have not been circulated are generally worth more than coins that are worn or damaged. Additionally, coins that have historical significance, such as coins that were minted during a particular year or at a particular mint, may be more valuable to collectors.
Conclusion
The George Washington one dollar coin is a highly prized collectible that honors the legacy of one of America's most important historical figures. Whether you're a seasoned coin collector or just starting out, collecting George Washington one dollar coins can be a fun and rewarding hobby that allows you to own a piece of American history.