Do you have the 2007 James Madison Dolar coin? If so, you might be a lucky person.
This coin was created in 2007 to honor James Madison, the 4th President of the United States from 1809 to 1817.
Is the 2007 James Madison Dollar worth anything?
Yes, the price of this coin is very high but for this, you have to keep some things in mind like error, mintage, and coin condition which have been explained very well below and will also show you such 2007 Madison coins that have been sold for hundreds of dollars.
In this guide, we will explore the current value of the James Madison Dollar Coin 1809 to 1817. You will learn a bit about the coin’s history, interesting features, and tips on how to grade this coin.
2007 James Madison Dollar Coin Value Chart
| Name with Mint Mark | Good | Fine | Extremely Fine | Uncirculated |
|---|---|---|---|---|
| 2007-P James Madison Dollar coin | $1 | $1 | $1 | $38 |
| 2007-D James Madison Dollar coin | $1 | $1 | $1 | $15 |
| 2007-S James Madison Dollar coin | $1 | $1 | $1 | $25 |
| 2007 Missing Edge Lettering James Madison | – | – | – | $4,000 |
Note: These are coin conditions like Good, Fine and Uncirculated (rare coin). and we have explained more about 2007 James Madison coins in detail below.
History of the 2007 James Madison Dollar
To honor the Presidents of our country, the United States Mint issues $1 coins with their images in the order in which they have served the country.
What did James Madison choose?
James Madison is the U.S. 4th. President from 1809 to 1817 who has done a lot of work for America. James Madison is also called the “Father of the Constitution” because he created and promoted the Constitution of the United States and the Bill of Rights.
James Madison was born on March 17, 1951, in Port Conway, Virginia. He was a student of history and law who studied at “Princeton University” in New Jersey and later returned to his state and started helping in drafting his state’s Constitution.
After this, James Madison was elected as the U.S. President, and at that time, a war was ongoing between France and Britain.
Thus, to honor James Madison, the James Madison dollar coin was struck on November 15, 2007, by different mints and with different mint marks.
- D – Denver Mint Mark
- P – Philadelphia Mint Mark
- S – San Francisco Mint Mark
Features of the 2007 James Madison Dollar
Let us now look at the features of the coin, which will help you a lot in knowing the real value of this coin so that no one can cheat you.
Obverse
If we talk about the obverse features of the 2007 James Madison $1 coin, the image of James Madison looking towards the right has been printed on it, and the names of James Madison and the 4th. President 1809-1817 is written.
If you look carefully, the names of Designer: Joel Iskowitz (JI) and Sculptor: Don Everhart, Sculptor-Engraver (DE) are also written on James Madison’s neck.
- JAMES MADISON
- James Madison Image
- 4th PRESIDENT 1809-1817
- JI
- DE
Reverse
If we talk about the reverse of the James Madison dollar coin 1809 to 1817, there are more letters written on it on the reverse side as compared to the obverse.
On the back side of this coin, you will see the image of the United States of America, $1, and the Statue of Liberty printed which is looking towards the left side.
On the reverse, you will find the name of the Sculptor: Don Everhart, Sculptor-Engraver (DE) written on a book near the hand of the Statue of Unity.
- $1
- DE
- United States of America
- Statue of Liberty Image
Edge
Mint mark and some letters are written on the edge of the 2007 James Madison $1 coin:
- 2007
- IN GOD WE TRUST
- E PLURIBUS UNUM
- mint mark (“P,” “D,” or “S”)
Other Features
- Diameter: 26.50 millimeters
- Weight: 8.10 grams
- Material: 88.5% Copper, 6% Zinc, 3.5% Manganese & 2% Nickel
2007 James Madison Dollar Coin Value Guide
So, how much is the James Madison dollar coin 1809 to 1817 worth?
The value of any coin depends on factors like its condition, error, mint mark, and mintage, and one more thing, the older and rarer the coin, the higher its value.
There are three types of 2007 James Madison $1 Coin, each valued differently. These include the:
- 2007-P James Madison Dollar
- 2007-D James Madison Dollar
- 2007-S James Madison Dollar
2007-P James Madison Dollar Coin Value
The Philadelphia Mint struck James Madison $1 coins in 2007, and these are identifiable by their mint mark P on the coin edge.
P mint mark coin produced: 84,560,000
Normally, if you have a circulation condition 2007-P James Madison Dollar coin, it is rarely worth more than its face value of $1. But uncirculated condition coin value is more than $38, according to Professional Coin Grading Service.
But if you have a P mint mark coin with an error, then its value is very high, such as the “(2007) $1 Missing Edge Lettering James Madison coin” sold for $978 in 2010 on Heritage Auctions.
2007-D James Madison Dollar Coin Value
The Denver Mint also produced 2007-D James Madison $1 coins; these have a D mint mark on the edge.
D mint mark coin produced: 87,780,000
A circulation condition 2007-D James Madison Dollar coin, rarely worth more than its $1 face value. But in uncirculated condition, Madison coin value is more than $15, according to Professional Coin Grading Service.
But if you have a D mint mark coin with an error, then its value is also high, such as the most valuable “2007-D $1 James Madison Position A” coin sold for $130 in 2018 on eBay.
2007-S James Madison Dollar Coin Value
The San Francisco mint struck proof coins, and in 2007, it minted proof 2007-S James Madison Dollar Coin with an S mint mark.
S mint mark coin produced: 3,965,989
A circulation condition 2007-S James Madison Dollar with S mint mark, rarely worth more than its $1 face value. But in uncirculated condition, Madison coin value is more than $25, according to Professional Coin Grading Service.
The most valuable “2007-S PR70 $1 Madison Deep Cameo NGC” coin is worth $127. This specimen is graded PR70 and was sold at a 2008 Heritage Auctions.
2007 James Madison Dollar Errors
When the coins are minted, some of them have errors like some do not have a date, some have a different image or some coin is double printed and the price of such coins becomes much higher than their face value.
Similarly, there have been some errors in the 2007 James Madison Dollar coins due to which their value has become very high.
These are the most valuable 2007 James Madison Dollar errors to look out for:
2007 $1 James Madison No Date Error
If you have a P mint mark 2007 $1 Missing Edge Lettering James Madison coin that does not have a date on its edge then you are a lucky person because according to PCGS currently, the price of this coin is $4,000. In 2010, this coin in MS65 condition was sold on Heritage Auctions for $978.
2007 James Madison Doubled Edge Lettering Error
If you have a D mint mark 2007 James Madison Doubled Edge Lettering Error coin on whose edge the letter is double printed, then the price of this coin in MS64 condition is $300.
Keep one thing in mind if you have a 2007 James Madison coin and it has any kind of error then its price is more than its face value.
Where to Sell Your 2007 James Madison Dollar?
Now you know the value of your coins and do you know where you can sell these coins? So here I have given a list of some websites on which you can easily send your coins.
Top 4 Best Places To Sell Coins Online
- Great Collections
- Coin World
- APMEX
- eBay
FAQs
Is The 2007 James Madison Dollar Rare?
About 16 million James Madison dollar coins were minted and released into circulation. This is a large number, so these dollar coins are common. Those with errors are rare and highly valuable. It is worth hundreds if you spot a 2007 James Madison dollar with a notable error.
How much is the James Madison Dollar Coin Worth?
In short, the value of the 2007 James Madison Dollar coins ranges from $15 to $38, but there are some coins whose price is more than $4,000. Why is this so, we have explained in detail in this article along with coins photos.
Is The James Madison Dollar Made Of Gold?
No. The James Madison Dollar is made of copper, nickel, Manganese, and zinc. The copper composition gives the coin a gold-ish appearance, and many people wrongly assume that these commemorative coins are made out of gold.
