How Much is the 1881 James Garfield Dollar Coin Worth Today?

The 1881 James Garfield dollar coin holds a special place in American history. As the 20th President of the United States, James Garfield served in the White House in 1881, tragically getting assassinated during his term. In 2011, coins bearing his image on the obverse were released, but they are not considered rare or highly valuable. However, the 2011 James Garfield dollar coin’s value is typically higher than its face value. Let’s explore more about this fascinating piece of American currency.

A Brief History of the 2011 James Garfield Dollar Coin

James Garfield, before assuming the presidency, had a remarkable journey. He began as an attorney, later becoming an Ohio State Senator in 1859. During the Civil War, he served as a Union Major General before being elected to Congress in 1863. On March 4, 1881, Garfield entered the White House and managed to make significant contributions to American naval power before his untimely assassination by Charles J. Guiteau. Despite serving only 200 days in office, President Garfield left a profound impact on the nation.

Features of the 2011 James Garfield Dollar Coin

The James Garfield Presidential dollar coins were minted in 2011 to honor the 20th President of the United States. These coins are made of ordinary metals and are a valuable part of the series. The obverse of the 2011 James Garfield dollar coin features a right-facing profile of President Garfield, with his name engraved above. The reverse side displays the Statue of Liberty and the denomination, with the inscription “United States of America” engraved along the rim.

The Value of the 2011 James Garfield Dollar Coin

The value of the 2011 James Garfield dollar coin depends on its condition and minting location. Coins from the Philadelphia and Denver mints, which struck approximately 37,100,000 coins each, typically have an average value of $1 to $1.40 in average condition. However, mint-state coins are more valuable, with prices ranging from $4 to $13, depending on their grade. The most expensive James Garfield dollar coins are graded MS 68, fetching prices of up to $200.

The San Francisco mint released only proof coins, with a total mintage of 1,972,863. These proof coins have an average value of around $2, with mint-state specimens commanding higher prices. The auction records for proof coins are relatively lower, with the most valuable being the 2011 S PR 70 DCAM James Garfield dollar, sold for $60 in 2019.

Collecting the 2011 James Garfield Dollar Coin

The 2011 James Garfield dollar coins are relatively recent and not considered rare or highly valuable. However, they serve as a fascinating part of American history. Collectors often seek out mint-state coins, especially those with high grades, as they can possess unique characteristics and increased value. It’s essential to carefully examine any potential errors or imperfections in these coins, such as edge lettering inscriptions and orientation.

Frequently Asked Questions about the 2011 James Garfield Dollar Coin Value

Q: What makes a 2011 James Garfield dollar coin rare?
A: Since these coins were issued relatively recently, they are not considered rare or particularly valuable. They can be easily acquired for a few dollars.

Q: Which 2011 James Garfield dollar coins are worth a lot of money?
A: There are a few exceptional specimens that have fetched higher prices in auctions. The most valuable include the 2011 D MS 68 J. Garfield dollar Position B, sold for $270, and the 2011 P MS 68 J. Garfield dollar Position B, sold for $200.

Q: How much does the 2011 P James Garfield dollar coin cost?
A: On average, the James Garfield dollar coins from the Philadelphia mint are priced around $1 to $1.40. Mint-state coins can range from $4 to $13, depending on their quality. However, exceptional specimens, such as those graded MS 68, have been sold at auction for higher prices.

The 2011 James Garfield dollar coin may not be the most valuable coin, but it carries with it a piece of American history. Whether you’re a collector or simply interested in its historical significance, this coin is a testament to the legacy of President James Garfield.