James Garfield Dollar Coin Value
Introduction
The James Garfield Dollar Coin was issued in 2018 to commemorate the 200th anniversary of the birth of the 20th President of the United States, James Abram Garfield. The coin, which was minted by the United States Mint, is composed of a copper-nickel clad composition and weighs 8.1 grams. It has a diameter of 26.5 millimeters, and a thickness of 2.0 millimeters. The James Garfield dollar coin is one of the most popular modern coins, and it is highly sought-after by both collectors and investors.
The Value of the James Garfield Dollar Coin
The value of the James Garfield dollar coin depends on its condition and its mintage. The coins were issued in both circulation strikes and proof strikes. A circulation strike coin is one that was made for use in commerce, while a proof strike coin is one that was made for collectors. Circulation strike coins are generally worth less than proof coins, since they have a lower mintage.
The value of a James Garfield dollar coin also depends on its condition. Coins that have been circulated, or show signs of wear, are generally worth less than coins that are in mint condition. Coins that have been graded and certified by a third-party grading company are worth more than coins that have not been certified.
The James Garfield dollar coin is also a popular choice among investors, since it is backed by the full faith and credit of the United States government. The coin is a legal tender with a face value of one dollar, and it can be used to purchase goods and services. Investors often purchase the coins as a hedge against inflation, since the value of the coins is likely to increase over time.
Factors that Affect the Value of the Coin
The value of the James Garfield dollar coin can be affected by a number of factors. These factors include the coin's mintage, its condition, and its popularity among collectors and investors.
Mintage: The mintage of a coin refers to the number of coins that have been minted. Generally, coins that have a low mintage are more valuable than coins that have a high mintage. This is because low mintage coins are rarer and more sought after by collectors and investors.
Condition: The condition of a coin is also very important when it comes to determining its value. Coins that are in mint condition are generally worth more than coins that show signs of wear. Coins that have been graded and certified by a third-party grading company are worth more than coins that have not been certified.
Popularity: The popularity of a coin is also a major factor in determining its value. Coins that are popular among collectors and investors are usually worth more than coins that are not popular.
Conclusion
The James Garfield dollar coin is a modern coin that was issued in 2018 to commemorate the 200th anniversary of the birth of the 20th President of the United States, James Abram Garfield. The coin is composed of a copper-nickel clad composition and weighs 8.1 grams, and has a diameter of 26.5 millimeters and a thickness of 2.0 millimeters. The value of the coin depends on its condition and its mintage, as well as its popularity among collectors and investors.
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