Franklin Pierce Dollar Coin 1853 To 1857 Worth
Introduction
The Franklin Pierce Dollar Coin was released by the United States Mint as part of the Presidential Dollar Coin Program. This program was initiated in 2007 to honor the former Presidents of the United States by featuring them on circulating coins. The Franklin Pierce Dollar Coin was released in 2010 as the fourteenth coin of the series. In this article, we will discuss the history and value of the Franklin Pierce Dollar Coin.
History of Franklin Pierce
Franklin Pierce was the 14th President of the United States, serving from 1853 to 1857. Born on November 23, 1804, in Hillsborough, New Hampshire, he was the youngest President to be elected at the age of 48. Pierce was a Democrat and a lawyer by profession. He served in the House of Representatives and the Senate before becoming President.
Pierce's Presidency was marked by controversies, including the Kansas-Nebraska Act and the Ostend Manifesto. The Kansas-Nebraska Act allowed settlers in the territories of Kansas and Nebraska to decide whether to allow slavery, which led to violent clashes between pro-slavery and anti-slavery forces. The Ostend Manifesto was a secret document that proposed the acquisition of Cuba from Spain through force, which was widely criticized by the public.
Design of Franklin Pierce Dollar Coin
The obverse (front) of the Franklin Pierce Dollar Coin features a portrait of Pierce, designed by Susan Gamble and sculpted by Phebe Hemphill. The inscription "FRANKLIN PIERCE" is inscribed at the top, and "IN GOD WE TRUST," "14TH PRESIDENT," and the year of minting are inscribed at the bottom.
The reverse (back) of the coin features the Statue of Liberty, designed by Don Everhart, with the inscriptions "UNITED STATES OF AMERICA" and "$1."
Minting and Distribution
The Franklin Pierce Dollar Coin was minted at the Philadelphia and Denver Mints. The Philadelphia Mint produced 43,020,000 coins, while the Denver Mint produced 45,020,000 coins. The coins were released into circulation on May 20, 2010.
Value of Franklin Pierce Dollar Coin
The value of the Franklin Pierce Dollar Coin varies depending on its condition, rarity, and demand. As of 2021, a circulated coin is worth around $2, while an uncirculated coin is worth around $3.50. However, some coins in pristine condition can fetch a higher price in the market.
The value of the coin is also influenced by the current market conditions and the demand for it. As with any collectible item, the value of the coin may fluctuate over time, and it is essential to keep an eye on the market trends before buying or selling.
Conclusion
The Franklin Pierce Dollar Coin is a valuable addition to any coin collection, not only for its historical significance but also for its unique design. While the value of the coin may vary depending on several factors, including its condition and rarity, it is a valuable item to own. Whether you are a numismatist or a history buff, the Franklin Pierce Dollar Coin is a must-have in your collection.