Discover The Value Of George Washington Gold Coins!

George Washington is known as the Father of our Country and has been immortalized in many ways, including on United States currency.

One of the most unique and valuable pieces of currency featuring the first President is the George Washington Gold Dollar Coin.

This limited circulation coin was part of the Presidential Coin Program from 2007-2016 and features a bust of George Washington on the obverse and Lady Liberty on the reverse.

Like Washington himself, these coins are highly sought after and hold great value.

In fact, the value of these gold coins can be compared to the value of Washington's leadership during the Revolutionary War.

While some coins have a minimum value of $1, those with errors can fetch over $1,000.

This article will delve into the facts and details about George Washington gold coins, as well as provide tips for those looking to sell or collect them.

Coin Facts and Details

The pre-existing knowledge provides comprehensive details about the George Washington Gold Dollar Coin, including its limited circulation, obverse and reverse designs, mint mark, gem mint condition value, and common errors, among others.

Minted as part of the Presidential Coin Program from 2007 to 2016, the George Washington Gold Dollar Coin features a bust of George Washington on the obverse, with the inscription 'GEORGE WASHINGTON, 1ST PRESIDENT 1789-1797.'

The reverse side depicts the image of Lady Liberty with the inscription 'UNITED STATES OF AMERICA, $1.' The coin is made of 90% gold and 10% copper, weighs 8.1 grams, and has a diameter of 26.5mm.

The value of the George Washington Gold Dollar Coin varies depending on its condition. A coin in gem mint condition has a minimum value of $1, while uncirculated coins may sell for more due to postage costs or being sold in bulk/as part of a set. However, mediocre or low-quality coins are not worth collecting.

Error coins, such as those with partial or missing edge lettering, can be worth over $1,000. Authentication and grading are necessary to determine the best price for a coin.

While the George Washington Gold Dollar Coin is legal tender with a face value of $1 in circulated condition, it is not overly valuable at the present time due to the number of coins released and retained in gem mint condition.

Coin Value and Grading

One key factor in determining the worth of a coin is its condition, as even a small flaw can greatly decrease its value, much like a blemish on a diamond can significantly lower its worth. Coins that are in pristine condition and have been well-preserved will fetch a much higher price than those that have been circulated, damaged or poorly maintained. As such, grading is a crucial component in determining the value of a George Washington Gold Dollar Coin.

The Professional Coin Grading Service (PCGS) evaluates coins on a scale of 1-70, with 70 being the highest grade a coin can receive. A coin that is graded 70 is considered to be in perfect condition, with no blemishes, scratches or other imperfections. The table below provides a breakdown of the values for George Washington Gold Dollar Coins based on their condition and grading, with the prices being accurate as of August 2021. It is important to note that prices can fluctuate over time, and these figures should be used as a rough guide only.

Grade	Price Range
MS 60 - Uncirculated	$1.75 - $5.50
MS 65 - Gem Uncirculated	$15 - $30
MS 70 - Perfect	$1,500 - $2,200

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Selling and Collecting Tips

To maximize profit when selling or collecting Presidential Coin Program coins, it is recommended to:

• Authenticate and grade the coins
• Research current market values
• Utilize reputable sellers such as eBay, Great American Coin Co, APMEX, Etsy, and Great Collections.

Authentication and grading ensure that the coins are legitimate and in the best possible condition, which can significantly increase their value. Researching market values can help sellers determine a fair price for their coins and avoid being taken advantage of. Utilizing reputable sellers can also provide a sense of security when conducting transactions, as they are more likely to have a history of successful sales and positive customer feedback.

When collecting George Washington Gold Dollar Coins, it is important to consider:

• The condition and rarity of the coins
• The value of coins in gem mint condition or uncirculated condition
• The fact that mediocre or low-quality coins are generally not worth collecting
• The potential value of error coins, with partial or missing edge lettering being the most common error
• The fact that prices for coins can change over time, especially for error coins, and should regularly check for updates on current market values.