George Washington $1 Dollar Coin 1789 To 1797 Value
George Washington, the first President of the United States, is featured on the $1 bill and also on the $1 coin. The George Washington $1 coin was first introduced in 2007 and was part of the Presidential $1 Coin Program. This program was created to honor the Presidents of the United States by featuring them on a circulating coin.
The Design of the George Washington $1 Coin
The design of the George Washington $1 coin is similar to that of the $1 bill. On the obverse side, George Washington’s portrait is featured along with the words “George Washington” and “1st President 1789-1797”. On the reverse side, there is an image of the Statue of Liberty along with the words “United States of America” and “$1”.
The Value of the George Washington $1 Coin
As with any coin, the value of the George Washington $1 coin is dependent on a number of factors. The condition of the coin, its rarity, and the demand for the coin all play a role in determining its value. Currently, a George Washington $1 coin in average condition is worth around $2. However, if the coin is in excellent condition or is a rare variety, it can be worth much more.
The History of the George Washington $1 Coin
The George Washington $1 coin was first introduced in February 2007, along with the John Adams $1 coin. The coins were part of the Presidential $1 Coin Program, which was created to honor the Presidents of the United States. The series ran from 2007 to 2016 and featured a new President on the coin every three months.
Although the coins were intended for circulation, they were not widely used in everyday transactions. Instead, many people collected the coins as a way to honor the Presidents or as a way to invest in precious metals. The series was discontinued in 2016, but the coins remain legal tender and can still be used as currency.
Collecting George Washington $1 Coins
Collecting George Washington $1 coins can be a fun and rewarding hobby. There are many different varieties of the coin, including uncirculated coins, proof coins, and special editions. Some collectors focus on building a complete set of the Presidential $1 coins, while others may focus specifically on the George Washington coin.
When collecting George Washington $1 coins, it is important to pay attention to the condition of the coin. Coins that are in excellent condition will be worth more than coins that are damaged or worn. It is also important to be aware of any rare or special varieties of the coin that may be more valuable.
Selling George Washington $1 Coins
If you are looking to sell your George Washington $1 coins, there are a number of options available. You can sell your coins to a coin dealer or collector, or you can sell them online through a marketplace such as eBay or Amazon.
When selling your coins, it is important to do your research and understand the value of your coins. Be sure to get multiple offers from different buyers to ensure that you get the best price for your coins.
Conclusion
The George Washington $1 coin is a unique and interesting coin that honors the first President of the United States. Whether you are a collector or simply interested in the history of the coin, there is much to learn and appreciate about this piece of American currency.