As numismatic enthusiasts continue to seek out valuable, unique, and rare coins, the Andrew Johnson Dollar Coin stands out for its unique design and historical significance. This coin, part of the United States Presidential $1 Coin Program, was issued to honor Andrew Johnson, the 17th President of the United States. While it might not be as celebrated as some of the more prominent coins in the series, its rarity and the story it tells make it a worthy addition to any collection.
History of the Andrew Johnson Dollar Coin
The Presidential $1 Coin Program was established by the United States Congress in 2005 under Public Law 108-15. This initiative aimed to create a series of $1 coins featuring designs that commemorate each deceased president from George Washington to Ronald Reagan. Andrew Johnson's coin, released in 2011, is part of this extensive collection.
Andrew Johnson's Presidency
Andrew Johnson succeeded Abraham Lincoln and served from 1865 to 1869. His presidency is often overshadowed by the Reconstruction era, a period of immense struggle in American history following the Civil War. Understanding Johnson's impact on the country can enhance the appreciation of his commemorative coin:
- Reconstruction Policies: Johnson's lenient approach towards former Confederate states often clashed with the Radical Republicans in Congress.
- Impeachment: He holds the dubious honor of being the first U.S. president to be impeached, though he was acquitted by one vote in the Senate.
- Expansion: His administration also saw the admission of Nebraska into the Union.
The Design of the Andrew Johnson Dollar Coin
Obverse
The front of the coin, or obverse, showcases a portrait of Andrew Johnson, designed by Don Everhart. Here are some details:
- Portrait: An older Johnson, highlighting his dignified, albeit stern, appearance.
- Mottoes: "In God We Trust" and "Liberty" are inscribed around the portrait.
- Year of Issue: The coin was issued in 2011.
Reverse
The reverse of all Presidential $1 coins, including Andrew Johnson's, features:
- Statue of Liberty: A rendition of the iconic New York monument.
- Mottoes: "$1" is in the center, with the words "United States of America" and "E Pluribus Unum" (From Many, One).
- Edge Lettering: Incused inscriptions are "Trust in God" and the date and mint mark.
Rarity and Value
While the Andrew Johnson Dollar Coin was minted in large quantities, its value today is influenced by various factors:
- Circulation vs. Uncirculated: Coins that never entered circulation, known as Mint State (MS) or Proof, can be worth significantly more due to their condition.
- Errors and Varieties: Certain minting errors or variations in the design can greatly increase the value.
- Edge Errors: Since the edge lettering is quite intricate, errors here can make a coin very valuable.
Here's a breakdown of potential values:
<table> <tr> <th>Condition</th> <th>Value Range (Approx.)</th> </tr> <tr> <td>Circulated</td> <td>$1 - $3</td> </tr> <tr> <td>MS60</td> <td>$1 - $5</td> </tr> <tr> <td>MS65</td> <td>$10 - $20</td> </tr> <tr> <td>MS69+</td> <td>$100 - $200+</td> </tr> </table>
<p class="pro-note">๐ Pro Tip: Look for coins that have been graded by reputable services like PCGS or NGC. These certifications can significantly increase the coin's worth and appeal to collectors.</p>
Tips for Collecting Andrew Johnson Dollar Coins
Collecting the Andrew Johnson Dollar Coin can be both challenging and rewarding. Here are some strategies:
Where to Find Them:
- U.S. Mint Rolls: You can buy bags or rolls from the U.S. Mint, which ensures you get coins in uncirculated condition.
- Bank Deposits: Sometimes, banks receive rolls of these coins from the Federal Reserve, although these are often circulated.
- Coin Shows and Dealers: Often a good place for finding high-grade examples or error coins.
Advanced Techniques:
- Certification: Always consider getting your coins graded. While it incurs a cost, it can also lead to a higher resale value or a better selling price.
- Varieties: Look for minor variations in the die or edge lettering, which can be the difference between a common coin and a rare one.
Common Mistakes to Avoid:
- Ignoring Edge Lettered Coins: The uniqueness of the edge inscriptions makes these coins attractive, but checking for errors or correct positioning is crucial.
- Not Checking for Counterfeits: High-value coins are prime targets for counterfeiting. Always be vigilant.
<p class="pro-note">๐ Pro Tip: Sometimes, you can find good deals on eBay or other online marketplaces, but always check the seller's ratings and use a grading service for high-value purchases.</p>
Scenarios and Examples
Scenario 1: Finding an Error Coin
Imagine you come across a coin with double edge inscriptions. This anomaly would make the coin exceptionally rare. Here's how you might proceed:
- Purchase: Secure the coin at a reasonable price, keeping in mind that rarity adds value.
- Grading: Send it for professional certification to confirm its status and potential value.
- Value: Once graded, the coin could be worth significantly more, perhaps even thousands of dollars.
Scenario 2: Building a Collection
Suppose you're focusing on Presidents who were impeached:
- Johnson: You find his coin in good condition.
- Clinton: His coin would complement this collection.
This thematic approach not only adds intrigue to your collection but also gives it a unique historical angle.
<p class="pro-note">๐ผ Pro Tip: Always document your collection, keeping track of each coin's provenance, purchase date, and price, which can be invaluable for insurance or selling purposes.</p>
Final Thoughts
In summary, the Andrew Johnson Dollar Coin, with its historical significance and unique design, offers a compelling story for collectors. Its rarity in high grades or with minting errors can make it a treasure for those looking to delve into numismatic investing.
As you explore this coin, consider branching out into other coins from the Presidential Series. The numismatic world is vast, and every coin tells a story. Whether you're a seasoned collector or just starting, there's always something new to discover.
<p class="pro-note">๐ Pro Tip: Keep an eye on the calendar for release dates of new coins in the series, as this is when you might find uncirculated examples in better condition.</p>
<div class="faq-section"> <div class="faq-container"> <div class="faq-item"> <div class="faq-question"> <h3>Where can I buy Andrew Johnson Dollar Coins?</h3> <span class="faq-toggle">+</span> </div> <div class="faq-answer"> <p>They are available from the U.S. Mint, coin dealers, and sometimes even in banks in circulation rolls.</p> </div> </div> <div class="faq-item"> <div class="faq-question"> <h3>How can I tell if an Andrew Johnson Dollar Coin is rare?</h3> <span class="faq-toggle">+</span> </div> <div class="faq-answer"> <p>Check for minting errors, particularly on the edge inscriptions, or get a coin graded for high-quality condition.</p> </div> </div> <div class="faq-item"> <div class="faq-question"> <h3>What should I look for when collecting these coins?</h3> <span class="faq-toggle">+</span> </div> <div class="faq-answer"> <p>Focus on condition, uniqueness (like errors or varieties), and certification from reputable grading services.</p> </div> </div> <div class="faq-item"> <div class="faq-question"> <h3>Are there any special editions of the Andrew Johnson Dollar Coin?</h3> <span class="faq-toggle">+</span> </div> <div class="faq-answer"> <p>While the coin itself has standard issues, special editions could include those with errors or particular finishes like Proof sets.</p> </div> </div> <div class="faq-item"> <div class="faq-question"> <h3>Can I still find these coins in circulation?</h3> <span class="faq-toggle">+</span> </div> <div class="faq-answer"> <p>Yes, although less common, banks might still receive them in circulation rolls or from vending machines.</p> </div> </div> </div> </div>