Thomas Jefferson 250th Anniversary Silver Dollar Proof Value
Introduction
Thomas Jefferson, the third President of the United States, was born on April 13, 1743, and this year marks his 250th birth anniversary. To commemorate this occasion, the United States Mint issued a limited edition Thomas Jefferson 250th Anniversary Silver Dollar Proof in 1993. This silver dollar proof is a collector's item and holds a significant value in the numismatic world.
History of Thomas Jefferson 250th Anniversary Silver Dollar Proof
The Thomas Jefferson 250th Anniversary Silver Dollar Proof was authorized by the United States Congress in 1992 to celebrate the 250th birth anniversary of Thomas Jefferson. The United States Mint produced a limited edition of 600,000 coins with a face value of one dollar. This silver dollar proof was struck in 90% silver and 10% copper, with a weight of 26.73 grams and a diameter of 38.1 mm.
Design of the Thomas Jefferson 250th Anniversary Silver Dollar Proof
The obverse of the coin features a portrait of Thomas Jefferson, designed by T. James Ferrell. The inscription "LIBERTY" is above the portrait and "IN GOD WE TRUST" is below it. The reverse of the coin features an image of Jefferson's home, Monticello, designed by Edgar Z. Steever. The inscriptions "UNITED STATES OF AMERICA" and "E PLURIBUS UNUM" are above and below the image, respectively.
Value of the Thomas Jefferson 250th Anniversary Silver Dollar Proof
The value of the Thomas Jefferson 250th Anniversary Silver Dollar Proof varies depending on its condition and rarity. As of 2021, a graded proof 69 silver dollar proof can be valued at around $70, while a graded proof 70 silver dollar proof can be valued at around $130. However, if you have an ungraded silver dollar proof, its value may vary depending on its condition and rarity.
Factors that Affect the Value of the Thomas Jefferson 250th Anniversary Silver Dollar Proof
Several factors can affect the value of the Thomas Jefferson 250th Anniversary Silver Dollar Proof, including:
- Condition: The condition of the coin plays a crucial role in determining its value. A well-preserved coin with minimal wear and tear will have a higher value than a damaged one.
- Rarity: The rarer the coin, the more valuable it is. If the coin has a low mintage or a unique error, its value will be higher.
- Authenticity: The authenticity of the coin is essential in determining its value. A genuine silver dollar proof will have a higher value than a fake one.
Where to Buy the Thomas Jefferson 250th Anniversary Silver Dollar Proof
You can purchase the Thomas Jefferson 250th Anniversary Silver Dollar Proof from reputable coin dealers, online marketplaces, and auctions. However, it is essential to research the seller and the coin's authenticity before making a purchase. You can also check the United States Mint's official website to see if they have any available coins for sale.
Conclusion
The Thomas Jefferson 250th Anniversary Silver Dollar Proof is a valuable collector's item that commemorates the birth anniversary of one of the most significant figures in American history. Its value depends on various factors such as its condition, rarity, and authenticity. If you are a collector or a history enthusiast, owning a Thomas Jefferson 250th Anniversary Silver Dollar Proof can be a rewarding experience.
