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2007-P James Madison Presidential Dollar

Bullionshark 2007-P James Madison Presidential Dollar

2007-P James Madison Presidential Dollar

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The James Madison Dollar Coin was issued in 2007 as part of the U.S. Presidential $1 Coin Program. It features a portrait of James Madison, the 4th U.S. president, on the obverse and the Statue of Liberty on the reverse. The coin is made of a manganese-brass alloy and has no silver or gold content. 

 

Details of This Unique Coin:

  • Edge Lettering Variations: Presidential Dollars feature distinctive edge lettering, adding an element of intrigue for numismatists. Position A means the inscriptions can be read correctly when the obverse faces down or the reverse is up, a detail prized by collectors.
  • Historical and Collectible Value: As the fourth release in the Presidential Dollar series, the 2007-P James Madison Dollar holds special significance, reflecting the ideals and achievements of this key figure in American history.
  • Historical Connection: Part of the Presidential Dollar series, this coin is a tangible link to the ideals of the early United States.
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Design Highlights:

  • Obverse: The obverse features a detailed portrait of James Madison, encircled by his name, "In God We Trust," and the title “4th President” alongside his presidential term, “1809-1817.”
  • Reverse: The reverse displays the iconic Statue of Liberty, symbolizing the freedom and democracy Madison helped shape. The inscriptions “United States of America” and “$1” affirm the coin’s value and national pride.
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 Key Specifications:

  • Designer: Joel Iskowitz/Don Everhart
  • Edge: Lettered
  • Diameter: 26.50 millimeters
  • Weight: 8.10 grams
  • Mintage: 84,560,000
  • Mint: Philadelphia
  • Metal: 88.5% Copper, 6% Zinc, 3.5% Manganese, and 2% Nickel Mixed positions.

 

 

FAQ

The James Madison Dollar Coin was issued in 2007 as part of the Presidential $1 Coin Program, which honors U.S. presidents. The obverse features James Madison, the fourth U.S. president, while the reverse displays the Statue of Liberty. The coin is made of a manganese-brass alloy and is not composed of gold or silver.

In general, a James Madison Dollar Coin in circulated condition has a face value of $1. However, uncirculated coins or special versions, such as proof coins, can be worth more, ranging from $2 to $9. Coins with errors or in mint condition can fetch higher prices, especially among collectors.

Common errors include missing edge lettering, where the "In God We Trust" and mint mark inscriptions are absent from the coin’s edge. This type of error is relatively rare and can increase the coin’s value significantly, often reaching $50 or more depending on condition.

The mint mark for the James Madison Dollar Coin is located on the coin’s edge, along with the year of minting and the inscriptions “E Pluribus Unum” and “In God We Trust.” Coins were minted in both Philadelphia (P) and Denver (D).

While the coin is legal tender, it is not commonly found in circulation today. Most James Madison Dollar Coins are now held by collectors or used in numismatic collections.

An uncirculated James Madison Dollar Coin is worth about $2 to $9, depending on its condition and mint location (Philadelphia or Denver). Coins in higher mint state (MS-65 or above) can be worth slightly more.

The James Madison Dollar Coin is composed of a manganese-brass alloy consisting of 88.5% copper, 6% zinc, 3.5% manganese, and 2% nickel. It has no gold or silver content.

The James Madison Dollar Coin honors the fourth U.S. president, James Madison, who is considered the "Father of the Constitution." The coin is part of the broader Presidential $1 Coin Program, which celebrated U.S. presidents from 2007 to 2016.

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