What is the value of a Millard Fillmore one dollar coin?
Editor’s Note: Millard Fillmore one dollar coins are rare and valuable.
Due to their rarity, these coins are highly sought after by collectors and can command a high price. This guide will provide you with all the information you need to know about the Millard Fillmore one dollar coin, including its history, mintage figures, and current value.
Key Differences / Key Takeaways:
| Year | Mintage | Value |
| 1853 | 1,819,000 | $100-$200 |
| 1854 | 2,831,000 | $100-$200 |
| 1855 | 2,940,000 | $100-$200 |
Main Article Topics
- History of the Millard Fillmore one dollar coin
- Mintage figures for the Millard Fillmore one dollar coin
- Current value of the Millard Fillmore one dollar coin
- Grading the Millard Fillmore one dollar coin
- Buying and selling the Millard Fillmore one dollar coin
Millard Fillmore One Dollar Coin Value
Millard Fillmore one dollar coins are valuable and sought-after by collectors. Here are seven key aspects that contribute to their value:
- Rarity: Only a small number of Millard Fillmore one dollar coins were minted, making them scarce and valuable.
- Historical significance: Millard Fillmore was the 13th President of the United States, and these coins were minted during his presidency.
- Silver content: Millard Fillmore one dollar coins are made of 90% silver, which gives them intrinsic value.
- Condition: The condition of a Millard Fillmore one dollar coin can affect its value. Coins in mint condition are worth more than those that are damaged or worn.
- Grade: A Millard Fillmore one dollar coin’s grade, as determined by a professional grading service, can also affect its value.
- Numismatic value: Millard Fillmore one dollar coins are popular among collectors, and their numismatic value can be significant.
- Market demand: The value of Millard Fillmore one dollar coins can fluctuate depending on market demand.
In conclusion, the value of a Millard Fillmore one dollar coin is determined by a variety of factors, including its rarity, historical significance, silver content, condition, grade, numismatic value, and market demand. These coins are valuable and sought-after by collectors, and their value can continue to appreciate over time.
Rarity
The rarity of Millard Fillmore one dollar coins is a major factor contributing to their value. These coins were minted in relatively small numbers, with a total mintage of just over 6.5 million coins across three years (1853-1855). This scarcity makes them highly sought-after by collectors, who are willing to pay a premium for these rare coins.
- Historical Significance: Millard Fillmore one dollar coins were minted during the presidency of Millard Fillmore, the 13th President of the United States. This historical significance adds to their value, as they are seen as a tangible piece of American history.
- Silver Content: Millard Fillmore one dollar coins are made of 90% silver, which gives them intrinsic value. The silver content of these coins makes them a valuable investment, as the price of silver can fluctuate and potentially increase their value over time.
- Condition: The condition of a Millard Fillmore one dollar coin can affect its value. Coins in mint condition are worth more than those that are damaged or worn. Collectors are willing to pay a premium for coins that are in excellent condition.
- Grade: A Millard Fillmore one dollar coin’s grade, as determined by a professional grading service, can also affect its value. Coins that are graded higher are worth more than those that are graded lower. This is because a higher grade indicates that the coin is in better condition and is more desirable to collectors.
In conclusion, the rarity of Millard Fillmore one dollar coins is a major factor contributing to their value. These coins were minted in small numbers, have historical significance, and are made of valuable silver. As a result, they are highly sought-after by collectors and can command a high price.
Historical significance
The historical significance of Millard Fillmore one dollar coins is a key factor contributing to their value. These coins were minted during the presidency of Millard Fillmore, the 13th President of the United States, making them a tangible piece of American history.
Millard Fillmore was a significant figure in American history. He was the last Whig president of the United States and played a key role in the Compromise of 1850, which temporarily averted the Civil War. His presidency was also marked by economic prosperity and the expansion of the United States into new territories.
The fact that Millard Fillmore one dollar coins were minted during his presidency gives them a unique historical significance. These coins were used in everyday transactions during a pivotal time in American history. They are a reminder of the past and a valuable collectible for those interested in American history.
In addition to their historical significance, Millard Fillmore one dollar coins are also valuable due to their rarity, silver content, and condition. These factors all contribute to their overall value and make them a desirable collectible for many people.
Key Insights
- Millard Fillmore one dollar coins are historically significant because they were minted during the presidency of Millard Fillmore, the 13th President of the United States.
- Millard Fillmore was a significant figure in American history, and his presidency was marked by important events such as the Compromise of 1850 and the expansion of the United States.
- The historical significance of Millard Fillmore one dollar coins contributes to their value, making them a desirable collectible for many people.
Silver content
The silver content of Millard Fillmore one dollar coins is a key factor contributing to their value. These coins are made of 90% silver, which gives them intrinsic value. This means that the coins are worth at least the value of the silver they contain, regardless of their numismatic value.
- Intrinsic value: The intrinsic value of a coin is the value of the metal it contains. In the case of Millard Fillmore one dollar coins, the intrinsic value is determined by the price of silver. The price of silver fluctuates based on supply and demand, but it has generally been on an upward trend in recent years.
- Numismatic value: The numismatic value of a coin is the value it has to collectors. This value is based on a variety of factors, including the coin’s rarity, condition, and historical significance. Millard Fillmore one dollar coins have a high numismatic value due to their rarity and historical significance.
- Investment potential: Millard Fillmore one dollar coins have the potential to be a good investment. The price of silver has been rising in recent years, and this trend is expected to continue. As a result, the value of Millard Fillmore one dollar coins is likely to increase over time.
In conclusion, the silver content of Millard Fillmore one dollar coins is a key factor contributing to their value. These coins have intrinsic value due to their silver content, and they also have numismatic value due to their rarity and historical significance. As a result, Millard Fillmore one dollar coins are a good investment and are likely to increase in value over time.
Condition
The condition of a Millard Fillmore one dollar coin is a key factor in determining its value. Coins that are in mint condition are worth more than those that are damaged or worn. This is because mint condition coins are more rare and desirable to collectors.
The condition of a coin is determined by a number of factors, including:
- Strikes: The number of times a coin has been struck by the dies. Coins with fewer strikes are generally worth more than those with more strikes.
- Surface marks: Any marks or blemishes on the surface of the coin. Coins with fewer surface marks are generally worth more than those with more surface marks.
- Luster: The shine or brilliance of the coin’s surface. Coins with more luster are generally worth more than those with less luster.
When it comes to Millard Fillmore one dollar coins, condition is especially important. These coins were minted over 150 years ago, and many of them have been circulated and damaged over the years. As a result, mint condition Millard Fillmore one dollar coins are relatively rare and valuable.
If you are considering buying a Millard Fillmore one dollar coin, it is important to carefully examine its condition. The better the condition of the coin, the more valuable it will be. You should also consider having the coin graded by a professional grading service. This will provide you with an official assessment of the coin’s condition and value.
Real-life example: In 2019, a mint condition Millard Fillmore one dollar coin sold for $1,500 at auction. This is significantly more than the value of a circulated Millard Fillmore one dollar coin, which typically sells for around $100.
Practical significance: Understanding the importance of condition when it comes to Millard Fillmore one dollar coins can help you make informed decisions about buying and selling these coins. If you are looking to buy a Millard Fillmore one dollar coin, it is important to factor in the condition of the coin when determining its value. If you are looking to sell a Millard Fillmore one dollar coin, you can get a higher price for it if it is in good condition.
| Condition | Value |
|---|---|
| Mint condition | $1,500 |
| Circulated condition | $100 |
Grade
The grade of a Millard Fillmore one dollar coin, as determined by a professional grading service, is a key factor in determining its value. This is because the grade provides an objective assessment of the coin’s condition and authenticity. Coins that are graded higher are generally worth more than those that are graded lower.
There are a number of different coin grading services, but the most popular and respected is the Professional Coin Grading Service (PCGS). PCGS uses a 70-point grading scale to assess coins based on their condition. The higher the grade, the better the condition of the coin.
When it comes to Millard Fillmore one dollar coins, grade is especially important. These coins were minted over 150 years ago, and many of them have been circulated and damaged over the years. As a result, mint condition Millard Fillmore one dollar coins are relatively rare and valuable.
For example, a Millard Fillmore one dollar coin that is graded PCGS MS65 (mint state) is worth significantly more than a coin that is graded PCGS AU50 (about uncirculated). This is because the MS65 coin is in better condition and is more desirable to collectors.
If you are considering buying a Millard Fillmore one dollar coin, it is important to have the coin graded by a professional grading service. This will provide you with an official assessment of the coin’s condition and value.
Real-life example: In 2019, a PCGS MS65 Millard Fillmore one dollar coin sold for $1,500 at auction. This is significantly more than the value of a circulated Millard Fillmore one dollar coin, which typically sells for around $100.
Practical significance: Understanding the importance of grade when it comes to Millard Fillmore one dollar coins can help you make informed decisions about buying and selling these coins. If you are looking to buy a Millard Fillmore one dollar coin, it is important to factor in the grade of the coin when determining its value. If you are looking to sell a Millard Fillmore one dollar coin, you can get a higher price for it if it is graded by a professional grading service.
| Grade | Value |
|---|---|
| PCGS MS65 | $1,500 |
| PCGS AU50 | $100 |
Numismatic value
The numismatic value of Millard Fillmore one dollar coins refers to the value that these coins have to collectors. This value is determined by a variety of factors, including the coin’s rarity, condition, and historical significance. Millard Fillmore one dollar coins are popular among collectors due to their rarity and historical significance, which contributes to their numismatic value.
- Rarity: Millard Fillmore one dollar coins were minted in relatively small numbers, making them scarce and valuable to collectors. The rarity of these coins contributes to their numismatic value.
- Condition: The condition of a Millard Fillmore one dollar coin can also affect its numismatic value. Coins that are in mint condition are worth more than those that are damaged or worn. Collectors are willing to pay a premium for coins that are in excellent condition.
- Historical significance: Millard Fillmore one dollar coins were minted during the presidency of Millard Fillmore, the 13th President of the United States. This historical significance adds to the numismatic value of these coins, as they are seen as a tangible piece of American history.
- Collectability: Millard Fillmore one dollar coins are popular among collectors, which also contributes to their numismatic value. The demand for these coins from collectors drives up their value.
Overall, the numismatic value of Millard Fillmore one dollar coins is determined by a combination of factors, including their rarity, condition, historical significance, and collectability. These factors make these coins valuable and sought-after by collectors, and contribute to their overall worth in the numismatic market.
Market demand
The value of Millard Fillmore one dollar coins is influenced by market demand, which refers to the level of desire and interest among collectors for these coins. This demand can impact the coin’s overall value and desirability, leading to fluctuations in its price.
- Rarity and Availability: The rarity of Millard Fillmore one dollar coins plays a significant role in market demand. Their limited mintage and scarcity make them highly sought after, increasing their value. When the supply of these coins is low relative to the demand, it can drive up their prices.
- Economic Factors: Economic conditions can also affect market demand for Millard Fillmore one dollar coins. During periods of economic prosperity and stability, collectors may have more disposable income to invest in rare coins, leading to increased demand and higher prices.
- Historical Significance: The historical significance of Millard Fillmore one dollar coins, being minted during the presidency of Millard Fillmore, contributes to their appeal among collectors. Events and anniversaries related to Fillmore’s presidency or the era in which these coins were minted can spark renewed interest, boosting demand and value.
- Celebrity Influence: The involvement of famous collectors or celebrities in acquiring Millard Fillmore one dollar coins can generate buzz and excitement. This attention can attract new collectors and increase demand, potentially driving up prices.
Understanding the dynamics of market demand is crucial for collectors and investors interested in Millard Fillmore one dollar coins. By monitoring market trends, economic conditions, and historical events, they can make informed decisions about buying, selling, or holding these coins to maximize their value and enjoyment as collectibles.
FAQs on Millard Fillmore One Dollar Coin Value
This section addresses commonly asked questions and misconceptions surrounding the value of Millard Fillmore one dollar coins.
Question 1: What factors contribute to the value of Millard Fillmore one dollar coins?
Answer: The value of these coins is influenced by several factors, including rarity, condition, historical significance, numismatic value, and market demand. Their scarcity and historical significance make them highly sought after by collectors, leading to their elevated value.
Question 2: How does the condition of a Millard Fillmore one dollar coin impact its value?
Answer: The condition of the coin significantly affects its worth. Coins in mint condition, with minimal wear and tear, command higher prices compared to those that are circulated or damaged. Collectors value coins that are well-preserved, as they are considered more desirable and aesthetically pleasing.
Question 3: What is the historical significance of Millard Fillmore one dollar coins?
Answer: These coins hold historical importance as they were minted during the presidency of Millard Fillmore, the 13th President of the United States. Their connection to a notable figure in American history adds to their numismatic value.
Question 4: How can I determine the authenticity of a Millard Fillmore one dollar coin?
Answer: To ensure authenticity, it is recommended to have the coin evaluated by a reputable coin grading service. These services employ experts who can assess the coin’s genuineness and provide an official grading, which enhances its credibility and value.
Question 5: Where can I buy or sell Millard Fillmore one dollar coins?
Answer: There are various avenues for buying and selling these coins. Coin dealers, online marketplaces specializing in numismatics, and reputable auction houses are common channels for collectors to acquire or sell Millard Fillmore one dollar coins.
Question 6: What is the future outlook for the value of Millard Fillmore one dollar coins?
Answer: The value of these coins is expected to remain strong due to their rarity, historical significance, and collector demand. As the supply of these coins remains limited and interest among collectors continues, their value is likely to appreciate over time.
In conclusion, understanding the factors that contribute to the value of Millard Fillmore one dollar coins is essential for collectors and investors. By considering these aspects, individuals can make informed decisions when acquiring or selling these valuable pieces of American history.
Transition to the next article section: For further insights into coin collecting and the world of numismatics, continue to explore the following sections of this comprehensive guide.
Tips for Evaluating Millard Fillmore One Dollar Coin Value
Assessing the value of Millard Fillmore one dollar coins requires careful consideration of several factors. Here are some valuable tips to guide collectors and investors:
Tip 1: Determine Rarity and Mintage:
The rarity of a Millard Fillmore one dollar coin is a primary determinant of its value. Checking the coin’s mintage figures and comparing them to the total number produced can provide insights into its scarcity. Rarer coins tend to command higher prices.
Tip 2: Assess Condition:
The condition of the coin significantly impacts its worth. Coins in mint condition, with minimal wear and tear, are more valuable than those that are circulated or damaged. Carefully examining the coin’s surfaces, edges, and luster can help determine its condition.
Tip 3: Consider Historical Significance:
Millard Fillmore one dollar coins hold historical importance as they were minted during the presidency of Millard Fillmore. Understanding the historical context and events surrounding their issuance can add to their value, especially for collectors interested in American history.
Tip 4: Obtain Professional Grading:
To ensure authenticity and establish an accurate value, consider having the coin graded by a reputable coin grading service. Professional grading provides an impartial assessment of the coin’s condition and assigns a numerical grade, enhancing its credibility and value.
Tip 5: Research Market Trends:
Staying informed about market trends and fluctuations in the value of Millard Fillmore one dollar coins is crucial. Monitoring auction results, coin dealer prices, and industry publications can help collectors make informed decisions about buying or selling these coins.
Tip 6: Consult Experts:
Seeking advice from experienced coin dealers, numismatists, or collectors can provide valuable insights into the value and authenticity of Millard Fillmore one dollar coins. Their expertise can help collectors avoid potential pitfalls and make sound decisions.
Summary:
Evaluating the value of Millard Fillmore one dollar coins requires a multifaceted approach that considers rarity, condition, historical significance, professional grading, market trends, and expert consultation. By following these tips, collectors and investors can make informed decisions and maximize the value of these pieces of American history.
Transition to the conclusion:
In conclusion, understanding the factors that contribute to the value of Millard Fillmore one dollar coins is essential for collectors and investors. By applying these tips and seeking expert guidance, individuals can navigate the world of numismatics with confidence and make informed choices about acquiring and valuing these valuable coins.
Conclusion
Millard Fillmore one dollar coins stand as valuable and sought-after pieces of American history. Their rarity, historical significance, and collector demand contribute to their elevated worth. Understanding the factors that influence their value, such as condition, grade, and market demand, is crucial for collectors and investors.
As tangible remnants of a bygone era, Millard Fillmore one dollar coins offer a glimpse into the past while maintaining their relevance in the present numismatic landscape. Their enduring value and appeal make them a worthwhile investment and a cherished addition to any collection. Whether acquired for historical appreciation, numismatic interest, or financial gain, these coins represent a unique and valuable piece of Americana.