The Zachary Taylor dollar coin is a commemorative coin that was minted in 2009 as part of the Presidential $1 Coin Program. The coin features the fourth President of the United States, Zachary Taylor, who served from 1849 until his death in 1850. As with any collectible coin, the value and price of the Zachary Taylor dollar coin can vary depending on several factors, including its condition, rarity, and demand.
In this article, we will explore the value and price guide of the Zachary Taylor dollar coin, including its history, design, and mintage. We will also discuss the factors that affect the coin's value and provide tips for collectors who are looking to buy or sell this coin.
History of the Zachary Taylor Dollar Coin
The Presidential $1 Coin Program was authorized by the Presidential $1 Coin Act of 2005, which aimed to honor each of the Presidents of the United States on a dollar coin. The program began in 2007 with the George Washington dollar coin and continued with a new coin design every quarter until 2011.
The Zachary Taylor dollar coin was minted in 2009 and features a portrait of Taylor on the obverse (front) side. The reverse (back) side features a Statue of Liberty design that is common to all coins in the Presidential $1 Coin Program.
Design of the Zachary Taylor Dollar Coin
The obverse side of the Zachary Taylor dollar coin features a portrait of Taylor designed by Don Everhart, a sculptor and engraver at the United States Mint. The portrait shows Taylor facing to the right and is based on a painting by George P.A. Healy.
The reverse side of the coin features a Statue of Liberty design that is common to all coins in the Presidential $1 Coin Program. The design features a representation of the Statue of Liberty with the words "UNITED STATES OF AMERICA" and "$1" inscribed above.
Mintage of the Zachary Taylor Dollar Coin
The Zachary Taylor dollar coin was minted in Philadelphia and Denver, with a total mintage of 98.5 million coins. The mintage was divided between the two mints, with 43.7 million coins minted in Philadelphia and 54.8 million coins minted in Denver.
Value and Price Guide
The value and price of the Zachary Taylor dollar coin can vary depending on several factors, including its condition, rarity, and demand. Here is a rough estimate of the coin's value and price guide:
- Circulated coins:
- Face value: $1
- Collectible value: $1-$5
- Uncirculated coins:
- MS-60: $5-$10
- MS-65: $10-$20
- MS-70: $20-$50
- Proof coins:
- PR-60: $10-$20
- PR-65: $20-$50
- PR-70: $50-$100
Note that these values are estimates and can vary depending on the market and the coin's condition.
Factors Affecting the Value of the Zachary Taylor Dollar Coin
Several factors can affect the value of the Zachary Taylor dollar coin, including:
- Condition: The coin's condition can greatly affect its value. Coins in good condition, with minimal wear and tear, are more valuable than those that are worn or damaged.
- Rarity: The mintage of the coin can affect its rarity and value. Coins with lower mintages are generally more valuable than those with higher mintages.
- Demand: The demand for the coin can also affect its value. Coins that are in high demand, such as those with unique designs or historical significance, can be more valuable than those that are not as popular.
Tips for Collectors
If you are a collector looking to buy or sell the Zachary Taylor dollar coin, here are some tips to keep in mind:
- Buy from reputable dealers: Make sure to buy from reputable dealers who specialize in collectible coins.
- Check the coin's condition: Make sure to check the coin's condition before buying or selling. Coins in good condition are more valuable than those that are worn or damaged.
- Research the market: Research the market to determine the coin's value and price guide.
- Consider grading and authentication: Consider having your coin graded and authenticated by a reputable third-party grading service to increase its value.
Conclusion
The Zachary Taylor dollar coin is a commemorative coin that was minted in 2009 as part of the Presidential $1 Coin Program. The coin features a portrait of Taylor on the obverse side and a Statue of Liberty design on the reverse side. The coin's value and price guide can vary depending on several factors, including its condition, rarity, and demand. By following the tips outlined in this article, collectors can buy or sell the Zachary Taylor dollar coin with confidence.
Gallery of Zachary Taylor Dollar Coin:
FAQ:
What is the Zachary Taylor dollar coin?
+The Zachary Taylor dollar coin is a commemorative coin that was minted in 2009 as part of the Presidential $1 Coin Program.
What is the design of the Zachary Taylor dollar coin?
+The obverse side of the coin features a portrait of Taylor, while the reverse side features a Statue of Liberty design.
What is the value of the Zachary Taylor dollar coin?
+The value of the coin can vary depending on several factors, including its condition, rarity, and demand.