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Ultimate Guide To Andrew Johnson Dollar Coin Value

butchkaliva January 02, 2025

How much is an Andrew Johnson dollar coin worth?

The Andrew Johnson dollar coin is a one-dollar coin that was struck by the United States Mint from 1868 to 1878. The coin features a bust of Andrew Johnson on the obverse and an eagle landing on a rock on the reverse. Andrew Johnson dollar coins were minted in both silver and gold, with the silver coins being more common. The value of an Andrew Johnson dollar coin depends on a number of factors, including the year it was minted, the condition of the coin, and whether it is made of silver or gold.

The most valuable Andrew Johnson dollar coins are those that were minted in the early years of production, particularly the 1868 and 1869 coins. These coins can be worth several thousand dollars in good condition. Andrew Johnson dollar coins minted in later years are less valuable, but can still be worth a significant amount of money in good condition.

The condition of the coin is also a major factor in determining its value. Coins that are well-preserved and have no major damage can be worth significantly more than coins that are damaged or worn. The presence of mint errors can also increase the value of a coin.

Finally, the metal content of the coin also affects its value. Silver Andrew Johnson dollar coins are more valuable than gold Andrew Johnson dollar coins, simply because there are fewer of them. A silver Andrew Johnson dollar coin in good condition can be worth several hundred dollars, while a gold Andrew Johnson dollar coin in good condition can be worth several thousand dollars.

Andrew Johnson Dollar Coin Worth

Andrew Johnson dollar coins were minted from 1868 to 1878 and feature a bust of Andrew Johnson on the obverse and an eagle landing on a rock on the reverse. The value of an Andrew Johnson dollar coin depends on several key aspects:

Year of mintage
Condition
Metal content
Rarity
Mint errors
Historical significance
Collector demand

The year of mintage is a major factor in determining the value of an Andrew Johnson dollar coin. The earlier the coin was minted, the more valuable it is likely to be. For example, an 1868 Andrew Johnson dollar coin is worth more than an 1878 Andrew Johnson dollar coin. The condition of the coin is also important. Coins that are well-preserved and have no major damage are worth more than coins that are damaged or worn. The metal content of the coin also affects its value. Silver Andrew Johnson dollar coins are more valuable than gold Andrew Johnson dollar coins. Rarity is another important factor. Coins that are rare are worth more than coins that are common. Mint errors can also increase the value of a coin. Coins that have errors, such as a misaligned die, are worth more than coins that do not have errors.

The historical significance of the coin can also affect its value. Coins that were minted during important historical events, such as the Civil War, are worth more than coins that were minted during less significant events. Finally, collector demand can also affect the value of a coin. Coins that are in high demand by collectors are worth more than coins that are not in high demand.

1. Year of mintage

The year of mintage is one of the most important factors in determining the value of an Andrew Johnson dollar coin. This is because the earlier the coin was minted, the fewer of them were produced. As a result, early-year Andrew Johnson dollar coins are much rarer than later-year coins, and therefore more valuable.

For example, an 1868 Andrew Johnson dollar coin is worth significantly more than an 1878 Andrew Johnson dollar coin. This is because only 8,880 1868 Andrew Johnson dollar coins were minted, compared to 12,230,000 1878 Andrew Johnson dollar coins. The rarity of the 1868 coin makes it much more valuable to collectors.

It is important to note that the year of mintage is not the only factor that affects the value of an Andrew Johnson dollar coin. The condition of the coin, the metal content, and the presence of mint errors can also affect the value. However, the year of mintage is one of the most important factors to consider when determining the value of an Andrew Johnson dollar coin.

2. Condition

The condition of an Andrew Johnson dollar coin is one of the most important factors in determining its value. Coins that are well-preserved and have no major damage are worth more than coins that are damaged or worn. The Sheldon Coin Grading Scale is used to grade the condition of coins, with a grade of 70 being the highest possible grade. Coins that are graded 65 or higher are considered to be in mint state, and these coins are worth the most money.

Uncirculated: These coins have never been circulated and show no signs of wear. They are the most valuable Andrew Johnson dollar coins.
Extremely Fine: These coins have been circulated but show only slight signs of wear. They are also worth a significant amount of money.
Fine: These coins have been circulated and show moderate signs of wear. They are still worth a good amount of money, but not as much as uncirculated or extremely fine coins.
Good: These coins have been circulated and show significant signs of wear. They are still worth some money, but not as much as coins in higher grades.

The condition of an Andrew Johnson dollar coin can also be affected by environmental factors, such as exposure to moisture or chemicals. Coins that have been exposed to these elements may have toning or other damage that can reduce their value.

3. Metal content

The metal content of an Andrew Johnson dollar coin is another important factor in determining its value. Andrew Johnson dollar coins were minted in both silver and gold, with the silver coins being more common. Silver Andrew Johnson dollar coins are worth more than gold Andrew Johnson dollar coins, simply because there are fewer of them. A silver Andrew Johnson dollar coin in good condition can be worth several hundred dollars, while a gold Andrew Johnson dollar coin in good condition can be worth several thousand dollars.

The reason why silver Andrew Johnson dollar coins are worth more than gold Andrew Johnson dollar coins is because silver is a more valuable metal than gold. Silver is also more rare than gold, which makes silver Andrew Johnson dollar coins even more valuable.

The metal content of an Andrew Johnson dollar coin can also affect its value in other ways. For example, coins that are made of a higher purity of silver are worth more than coins that are made of a lower purity of silver. Coins that have been toned or otherwise altered by environmental factors may also be worth more or less than coins that have not been altered.

Ultimately, the metal content of an Andrew Johnson dollar coin is one of the most important factors in determining its value. Collectors are willing to pay more for coins that are made of more valuable metals, such as silver and gold. Coins that are made of a higher purity of metal are also worth more than coins that are made of a lower purity of metal.

4. Rarity

Rarity is one of the most important factors that determines the value of an Andrew Johnson dollar coin. The rarer the coin, the more valuable it is likely to be. This is because rare coins are more difficult to find, and therefore more desirable to collectors. There are a number of factors that can make an Andrew Johnson dollar coin rare, including:

Year of mintage: The earlier the coin was minted, the fewer of them were produced. As a result, early-year Andrew Johnson dollar coins are much rarer than later-year coins.
Mint errors: Coins that have errors, such as a misaligned die, are much rarer than coins that do not have errors. Mint errors can occur during any stage of the minting process, and they can range from minor to major.
Condition: Coins that are in good condition are more valuable than coins that are damaged or worn. However, even damaged or worn coins can be rare if they are from a rare year or have a mint error.

The rarity of an Andrew Johnson dollar coin can have a significant impact on its value. For example, an 1868 Andrew Johnson dollar coin with a mint error can be worth thousands of dollars, while a common 1878 Andrew Johnson dollar coin in good condition may only be worth a few dollars.

It is important to note that rarity is not the only factor that affects the value of an Andrew Johnson dollar coin. The condition of the coin, the metal content, and the presence of historical significance can also affect the value. However, rarity is one of the most important factors to consider when determining the value of an Andrew Johnson dollar coin.

5. Mint errors

Mint errors are mistakes that occur during the coin production process. These errors can range from minor imperfections to major flaws, and they can significantly affect the value of a coin. In the case of Andrew Johnson dollar coins, mint errors can make a coin much more valuable than a coin that was minted without errors.

Die errors: Die errors occur when there is a problem with the die that is used to strike the coin. These errors can include things like a misaligned die, a cracked die, or a doubled die. Die errors can create a variety of different effects on the coin, and some of these errors can be quite valuable.
Planchet errors: Planchet errors occur when there is a problem with the planchet, which is the blank coin that is struck by the die. These errors can include things like a clipped planchet, a brockage, or a lamination error. Planchet errors can also create a variety of different effects on the coin, and some of these errors can be quite valuable.
Strike errors: Strike errors occur when there is a problem with the strike of the coin. These errors can include things like a weak strike, an off-center strike, or a double strike. Strike errors can also create a variety of different effects on the coin, and some of these errors can be quite valuable.
Post-mint errors: Post-mint errors occur after the coin has been struck. These errors can include things like environmental damage, damage from cleaning, or damage from circulation. Post-mint errors can reduce the value of a coin, but some post-mint errors can actually increase the value of a coin.

The value of an Andrew Johnson dollar coin with a mint error depends on a number of factors, including the type of error, the severity of the error, and the overall condition of the coin. Some mint errors are more common than others, and some mint errors are more desirable to collectors than others. As a result, the value of an Andrew Johnson dollar coin with a mint error can vary significantly.

6. Historical significance

The historical significance of an Andrew Johnson dollar coin can also affect its value. Coins that were minted during important historical events, such as the Civil War, are worth more than coins that were minted during less significant events. This is because coins that were minted during important historical events are more likely to be in demand by collectors.

For example, an 1865 Andrew Johnson dollar coin, which was minted during the Civil War, is worth more than an 1875 Andrew Johnson dollar coin, which was minted during a period of peace. This is because the 1865 coin is more closely associated with the Civil War, which was a major historical event.

The historical significance of an Andrew Johnson dollar coin can also affect its value in other ways. For example, coins that were minted at a specific mint location, such as the Philadelphia Mint, are worth more than coins that were minted at a less significant mint location, such as the Denver Mint. This is because coins that were minted at a specific mint location are more likely to be associated with a particular historical event or period.

Ultimately, the historical significance of an Andrew Johnson dollar coin is one of the most important factors in determining its value. Coins that were minted during important historical events, at specific mint locations, or that have a unique historical connection are worth more than coins that do not have these same characteristics.

7. Collector demand

Collector demand is one of the most important factors in determining the value of an Andrew Johnson dollar coin. This is because the more people who want a particular coin, the more valuable it will be. There are a number of factors that can affect collector demand, including:

Rarity: Rare coins are more in demand than common coins, simply because there are fewer of them available. This is one of the reasons why early-year Andrew Johnson dollar coins are worth more than later-year coins.
Condition: Coins that are in good condition are more in demand than coins that are damaged or worn. This is because coins in good condition are more attractive to collectors.
Historical significance: Coins that were minted during important historical events, such as the Civil War, are more in demand than coins that were minted during less significant events. This is because coins that were minted during important historical events are more likely to be associated with a particular historical figure or event.
Mint errors: Coins that have mint errors are more in demand than coins that do not have mint errors. This is because mint errors are relatively rare, and they can make a coin more unique and desirable to collectors.

Ultimately, the collector demand for an Andrew Johnson dollar coin is determined by a combination of factors, including rarity, condition, historical significance, and mint errors. Coins that have a high collector demand are worth more than coins that have a low collector demand.

FAQs about Andrew Johnson Dollar Coin Worth

This section addresses frequently asked questions about the worth of Andrew Johnson dollar coins.

Question 1: What factors determine the worth of an Andrew Johnson dollar coin?

The worth of an Andrew Johnson dollar coin is determined by several factors, including the year of mintage, condition, metal content, rarity, mint errors, and historical significance.

Question 2: Which Andrew Johnson dollar coins are the most valuable?

Question 3: How can I determine the condition of my Andrew Johnson dollar coin?

The condition of an Andrew Johnson dollar coin can be determined by examining its surface for any signs of damage or wear. Coins that are well-preserved and have no major damage are worth more than coins that are damaged or worn.

Question 4: What is the difference between a silver Andrew Johnson dollar coin and a gold Andrew Johnson dollar coin?

Silver Andrew Johnson dollar coins are worth more than gold Andrew Johnson dollar coins, simply because there are fewer of them. A silver Andrew Johnson dollar coin in good condition can be worth several hundred dollars, while a gold Andrew Johnson dollar coin in good condition can be worth several thousand dollars.

Question 5: Where can I sell my Andrew Johnson dollar coin?

Andrew Johnson dollar coins can be sold to a variety of places, including coin dealers, auction houses, and online marketplaces. It is important to research different options to get the best price for your coin.

These are just a few of the most frequently asked questions about the worth of Andrew Johnson dollar coins. If you have any other questions, please consult a professional coin dealer.

Transition to the next article section:

Now that you know more about the worth of Andrew Johnson coins, you can start to evaluate your own collection or make informed decisions about buying or selling these coins.

Conclusion

The worth of an Andrew Johnson dollar coin is determined by a number of factors, including the year of mintage, condition, metal content, rarity, mint errors, and historical significance. The most valuable Andrew Johnson dollar coins are those that were minted in the early years of production, particularly the 1868 and 1869 coins. These coins can be worth several thousand dollars in good condition.

Andrew Johnson dollar coins are a popular collectible among coin collectors, and their value has been rising in recent years. If you have an Andrew Johnson dollar coin, it is worth having it appraised by a professional coin dealer to determine its value. You can also consult a variety of resources online to learn more about Andrew Johnson dollar coins and their worth.