James Monroe Dollar Coin Value 1817 To 1825
James Monroe was the fifth President of the United States, serving from 1817 to 1825. During his presidency, the US saw a period of economic growth and expansion, and the country's currency underwent some significant changes. One of the most notable of these changes was the introduction of the James Monroe dollar coin.
Design of the James Monroe Dollar Coin
The James Monroe dollar coin was designed by John Reich, who was the chief engraver at the US Mint from 1807 to 1817. The coin features a bust of James Monroe on the obverse (front) side, with the words "James Monroe President of the United States" around the edge.
The reverse (back) side of the coin features an eagle with outstretched wings, holding a branch and arrows in its talons. The words "United States of America" and "One Dollar" are also inscribed on this side of the coin.
Value of the James Monroe Dollar Coin
The value of the James Monroe dollar coin can vary depending on a few different factors. The condition of the coin is one of the most important factors, as coins in better condition are generally worth more than those in poor condition.
Another factor that can affect the value of the James Monroe dollar coin is the rarity of the coin. Some years of the coin were produced in larger quantities than others, and coins from certain years may be more difficult to find.
History of the James Monroe Dollar Coin
The James Monroe dollar coin was first introduced in 2008 as part of the Presidential $1 Coin Program. This program was launched by the US Mint to honor each of the US presidents by featuring them on a series of dollar coins.
The James Monroe dollar coin was released on February 14, 2008, and was the fifth coin in the series. It was minted at the US Mint's facilities in Philadelphia and Denver.
Collecting James Monroe Dollar Coins
Collecting James Monroe dollar coins can be a fun and rewarding hobby for coin enthusiasts. The coins are relatively easy to find, and many can be purchased for a reasonable price.
Some collectors prefer to focus on collecting coins from specific years, while others may be interested in collecting coins in different conditions. There are also some collectors who aim to acquire a complete set of all the coins in the Presidential $1 Coin Program.
Conclusion
The James Monroe dollar coin is a fascinating piece of US currency that reflects an important period in the country's history. Whether you are a collector or simply interested in learning more about US coins, the James Monroe dollar coin is definitely worth exploring.