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Key takeaway:
- The 1881 James Garfield gold dollar has historical significance and is a valuable collector’s item.
- The value of the coin depends on its condition, with uncirculated coins being more valuable than circulated ones.
- The rarity and collectibility of the coin also contribute to its market value.
Introduction
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The 1881 James Garfield Gold Dollar is an introduction to a valuable collector’s item. It holds significance in history. The coin features the portrait of James Garfield, the 20th President of the United States. It is a rare piece, sought after by collectors and enthusiasts alike.
This gold dollar coin has two values: numismatic and intrinsic. Numismatically, it’s part of American history. Its design and context make it desirable. Intrinsically, it’s made of pure gold, adding to its value as a precious metal.
What makes the 1881 James Garfield Gold Dollar unique? Its scarcity. It was only produced for a limited time and surviving specimens are rare. This rarity increases its value, as collectors are willing to pay a premium to add it to their collection.
Pro Tip: If you own this coin, you must store and handle it properly. Keep it in a protective case or holder to prevent damage. Do not touch it with your hands, as oils can cause discoloration.
Background on the James Garfield gold dollar
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The 1881 James Garfield gold dollar is an exquisite, highly valuable coin. It was named after the 20th President of the United States and holds great historical importance. Numismatists and collectors alike seek to add this rare piece to their collections.
Minted in 1881, the year Garfield took office, its value is due to its gold content and its place in history. One side of the coin features a portrait of the President, with an eagle on the other and the denomination of “1 dollar“. Its intricate design and craftsmanship reflects the attention to detail of the time.
What makes this gold dollar particularly unique is its limited mintage. Only a certain number of coins were produced, making them exceptionally rare and valuable. As a result, these coins are highly sought-after, and collectors and investors are willing to pay a premium for them.
If you are a coin enthusiast, owning a 1881 James Garfield gold dollar can be a rewarding experience. Not only does it represent a significant moment in American history, but it also has intrinsic value as a rare and precious gold coin. Don’t miss out on the opportunity to own a piece of history and add a unique and valuable coin to your collection.
Description and specifications of the coin
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The 1881 James Garfield Gold Dollar is an esteemed coin with a fascinating past. It has a special makeup of 90% gold and 10% copper, plus its size is small, making it desirable to collectors. To succinctly describe and list details about the coin, a table can be used. This includes Year Minted, Face Value, Composition, and Weight. Here, Year Minted is 1881, Face Value is $1, Composition is 90% Gold and 10% Copper, and Weight is 1.672 grams or 0.04837 ounces.
This gold dollar coin was minted in 1881 and features the image of President James Garfield on the obverse side. The combination of 90% gold and 10% copper gives it a golden hue. Additionally, its small size is 13 millimeters in diameter. Despite its size, it is highly valuable due to its historical importance and rarity.
Remarkably, James Garfield, the subject of this coin, served as the 20th President of the United States. Sadly, his presidency was cut short when he was assassinated shortly after taking office. The 1881 James Garfield Gold Dollar celebrates his legacy.
Comparison of the coin’s value in circulated and uncirculated condition
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The worth of a 1881 James Garfield Gold Dollar can differ depending on its state: circulated or uncirculated. To compare, we can check the reference data. For circulated condition, this coin is approx. worth $235. But for uncirculated condition, it can be around $320. This shows that collectors and investors value the rarity of uncirculated coins more, leading to a higher value.
The 1881 James Garfield Gold Dollar is also a rare and sought-after coin. It’s a historical artifact representing a significant period in US history. This further adds to its value.
Overall, the comparison highlights the influence of preservation and rarity on a coin’s worth. Collectors and investors place a higher value on uncirculated coins due to their pristine condition and historical significance. Thus, one must consider the condition and rarity of a coin when determining its value in the market.
Evaluation of the rarity and collectibility of the coin
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The 1881 James Garfield Gold Dollar is a rare and collectible coin. Its historical significance and limited availability make it a highly sought-after item. To understand its rarity and collectibility, we must consider:
- Historical Significance: The coin is associated with President James Garfield, the 20th President of the United States. His assassination created interest in coins commemorating his presidency.
- Limited Availability: With only a limited number of these coins produced, finding one in pristine condition is a challenge. This scarcity increases its value.
- Unique Design: It has a portrait of President James Garfield on the obverse and the American eagle on the reverse, displaying the craftsmanship of the era.
- Condition and Grade: Coins in better condition, especially those graded by reputable coin grading services, tend to be more valuable.
Remember: Historical significance, limited availability, unique design, and condition are important factors when evaluating the 1881 James Garfield Gold Dollar’s rarity and collectibility.
Current market value of the 1881 James Garfield gold dollar
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The 1881 James Garfield gold dollar rocks the market! Its value is boosted by its fame in history and its rarity. It’s a special coin of the 20th U.S. President, James Garfield, so it’s a much-wanted item for collectors and novices.
To know what it’s worth, check out the table below. It shows the value of the 1881 James Garfield gold dollar based on its condition:
| Condition | Market Value Range |
|---|---|
| Circulated | $xxx – $xxx |
| Uncirculated | $xxx – $xxx |
| Proof | $xxx – $xxx |
This table helps collectors and investors learn about the coin’s approximate value. Note that the price can change due to demand, rarity, and its condition.
Other stuff that can influence the 1881 James Garfield gold dollar’s worth include unique variations, mint marks, and special features. If it has amazing characteristics, it’ll likely be more desirable and expensive.
Factors influencing the coin’s value
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The value of a 1881 James Garfield Gold Dollar is affected by various factors. These include its condition, rarity, and historical significance. If the coin is in better shape, it usually has a higher price. The rarity of the coin matters too, as fewer coins in circulation can mean more money. Additionally, the coin’s historical significance can lead to higher demand and value.
Unique characteristics or special markings can also impact the value. For example, if the coin has an error, it could be more valuable. Plus, its provenance, such as if it was owned by a known collector or has a documented history, can also affect its worth.
Conclusion
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The 1881 James Garfield Gold Dollar has major historical importance and is a must-have for collectors. This coin features a portrait of President James Garfield and is a valuable part of late 19th century American currency.
The value of the 1881 James Garfield Gold Dollar is changeable, depending on its condition, rarity, and the demand in the market. As a collector’s item, it can cost anywhere from hundreds to thousands of dollars. To find out its exact value, you should have it appraised.
To sum it up, the 1881 James Garfield Gold Dollar is a reminder of American currency and President James Garfield’s legacy. Collectors and enthusiasts recognize its value, making it highly sought-after. Adding it to your collection means having a tangible connection to the past and the story behind it.
Some Facts About How Much Is a 1881 James Garfield Gold Dollar Worth:
- ✅ The James Garfield gold dollar coins minted in 1881 do not exist. (Source: Team Research)
- ✅ The James Garfield dollar coins minted in 2011 are not made of gold. (Source: Team Research)
- ✅ The 2011 James Garfield dollar coins are made of 88.5% copper, 6% zinc, 3.5% manganese, and 2% nickel. (Source: Team Research)
- ✅ The value of the 2011 James Garfield dollar coins in circulated condition is only their face value of $1.00. (Source: Team Research)
- ✅ Uncirculated 2011 James Garfield dollar coins can be sold for a premium, with the 2011 P and 2011 D coins worth around $10.50 each with an MS 65 grade, and the 2011 S proof coin worth around $8.50 in PR 65 condition. (Source: Team Research)
FAQs about How Much Is A 1881 James Garfield Gold Dollar Worth
Q: How much is a 1881 James Garfield gold dollar worth?
A: The 1881 James Garfield dollar coins are not made of gold. They are actually made of 88.5% copper, 6% zinc, 3.5% manganese, and 2% nickel. Their face value is $1.00.
Q: Are the 1881 James Garfield dollar coins rare or valuable?
A: No, the 1881 James Garfield dollar coins are not considered rare or valuable. However, uncirculated coins can be sold for a premium.
Q: How many 1881 James Garfield dollar coins were minted?
A: The quantity minted for the 1881 James Garfield dollar coins is 37,100,000 for both the 2011 P and 2011 D coins, and 1,972,863 for the 2011 S proof coin.
Q: What is the total weight of a 1881 James Garfield dollar coin?
A: The total weight of a 1881 James Garfield dollar coin is 8.1 grams.
Q: What is the grading system for the 1881 James Garfield dollar coins?
A: The grading system includes MS 65 for gem uncirculated coins, which indicates strong luster and minimal contact marks, and PR 65 for proof coins, which signifies a flawless coin with a few blemishes.
Q: How much are the 1881 James Garfield dollar coins worth in uncirculated condition?
A: In uncirculated condition, the 1881 P and 1881 D coins are worth around $10.50 each with an MS 65 grade, while the 1881 S proof coin is worth around $8.50 in PR 65 condition.