The Value of George Washington Dollar Coin: Worthy or Not?

Sometimes, it feels as though certain coins have been around for ages, even though they were introduced only recently. George Washington dollar coins belong to the group of numismatic creations that captivate collectors yet still remain unknown to the rest of the public. 

Nevertheless, those who are involved in the sphere of coin collecting strive to obtain exceptional instances and spot rare George Washington coins 1789 to 1797 value correctly. Let us find out how to identify coins and their value on your own and make your experience smoother like never before. 

Background of the George Washington Dollar Coin

First of all, it is vital to note that the George Washington Dollar Coin is only a part of the Presidential $1 Coin Program, which was started by the US Mint to sequentially commemorate the accomplishments of the nation's past presidents one by one. This coin, the first in the series (just like George Washington himself who ruled between 1789 and 1797), was released on February 15, 2007. 

Despite being designed to be used in everyday transactions, the currency did not become widely accepted in the end. The paper dollar's continuous use and the public's resistance to adopting dollar coins limited its usefulness, and the George Washington 1 dollar coin 1789 to 1797 value, which may vary depending on the condition, mint marks, and unique characteristics, is modest among collectors only.

Related article: 1776-1976 Kennedy Half Dollar.

Design Features of the George Washington One Dollar Coin 

The George Washington One Dollar Coin may boast a couple of qualities that make this instance highly sought-after and desirable. Some features are apparent thanks to their artistic and/or cultural significance, while others are connected with the coin's composition and manufacturing method. The key features of the coin are summed up in the table below.

Apart from these technical details, the coin is also known for being a part of such a powerful program that may commemorate some of the most desirable options possible. It is a fascinating piece of numismatic history because of its distinctive iconography and inventive edge lettering. But how much is a 1789 to 1797 George Washington coin worth? What is the 1 dollar coin George Washington value in general? 

Current Market Values of the Coin

How much is a George Washington gold dollar worth? In general, the George Washington dollar coin value 1789 to 1797 is prone to any type of changes, and some of the determinents can include the coin's quality, mint mark, and any special features (such as mistake coins, for example). Its face value is one dollar; but when it is no longer confined to its face value only, collectors and numismatists should be ready to pay more. As for the prices… 

Circulated Coins: 1 dollar George Washington coin value cannot be really high or have any extra worth, especially when it comes to the popularity and distribution of the coin. Besides, as a unit of currency, this was not widely accepted by the public, which forms an image of the dollar coin 1789 to 1797 value. 

Uncirculated Coins: Coins that are uncirculated — that is, in perfect condition and have never been used in commerce — generally have a higher 1789 dollar coin value than the rest. The US Mint and collectors' markets often trade these coins, which may be sold for $2 to $4 depending on their rarity and condition.

Proof Coins: Some coins might not be created for the general public but coin appreciators and those who care. The market value of proof coins, which have a better finish, can be much higher, i.e., from $5 to $15 or more, according to the demand and condition of a coin.

Error Coins: The rarity of error coins (e.g., the "Godless" type, which lacks the edge phrase "IN GOD WE TRUST") tends to make them more valuable with an average rate of $50 to several hundred dollars for one instance paid.

So, Should We Collect It, or Not? 

George Washington $1 coin value has both historical and cultural contexts that reflect the peculiarities of their times and mindset, just as the most valuable Kennedy half dollars. Yes, its face value is only one dollar, but uncirculated and proof copies can be worth more, especially if they are in pristine condition or include unusual minting mistakes.

Nonetheless, so as to know the 1789 to 1797 George Washington coin value on a whim, it can be vital to refer to additional tools and ask for professional help. Coin ID Scanner unites both digital features like quick identification by photo or fast coin lookup and professional insights from the experts in the community. What is a George Washington dollar coin worth? Ask Coin ID Scanner, as it is to find the most relevant information possible. 

$1 George Washington coin value may fluctuate, and this depends on a set of factors at the same time. Nevertheless, if you wish to incorporate this iteration into your collection, do not focus on the real value, but cultural (personally justified) significance only. 

Sources: 

1. https://www.pcgs.com/coinfacts/coin/2007-p-1-george-washington/148052

2. https://www.usmint.gov/learn/coins-and-medals/presidential-dollar-coins?srsltid=AfmBOooQsGl9e847TYhUTMGksvSsTyfT5RAklm48hmipxwnqOEH7ynL_