The Rutherford B. Hayes dollar coin was released by the United States Mint in 2011 as part of the Presidential $1 Coin Program. The program was launched in 2007 to honor the U.S. presidents by issuing a dollar coin with their image on the obverse side. The Rutherford B. Hayes dollar coin was issued to honor the 19th president of the United States, who served from 1877 to 1881.
Design
The Rutherford B. Hayes dollar coin features the image of the president on the obverse side, along with the inscriptions "Rutherford B. Hayes," "19th President," and the years of his presidency, "1877-1881." The reverse side of the coin features the Statue of Liberty, along with the inscriptions "United States of America" and "$1."
Value
The value of the Rutherford B. Hayes dollar coin varies depending on its condition and rarity. As of 2021, a circulated coin in decent condition is worth around $1.50 to $2.00. Uncirculated coins in mint condition can be worth upwards of $5.00 to $10.00. However, rare varieties of the coin, such as those with errors or special markings, can be worth significantly more.
Circulation
The Rutherford B. Hayes dollar coin was produced in limited quantities compared to other coins in the Presidential $1 Coin Program. According to the United States Mint, a total of 6,160,000 Rutherford B. Hayes dollar coins were produced for circulation. However, the coins are not commonly seen in circulation as they have not been widely distributed.
Collectibility
The Rutherford B. Hayes dollar coin is a popular choice among coin collectors due to its historical significance and limited production. Collectors often seek out uncirculated or proof versions of the coin, which are produced with a special process to give them a polished, mirror-like finish. These versions of the coin can be worth more than their circulated counterparts.
Errors and Varieties
Like many coins, the Rutherford B. Hayes dollar coin has several varieties and errors that can make them more valuable to collectors. Some of the most sought-after varieties include coins with double-strikes, where the design was stamped twice, and those with special markings, such as a "W" mint mark indicating they were produced at the West Point Mint.
Conclusion
The Rutherford B. Hayes dollar coin is a unique and valuable addition to any collection. With its historical significance and limited production, it is sure to continue to be a popular choice among coin enthusiasts for years to come.
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