The 2007-S George Washington Presidential $1 Coin Proof holds a unique place in the world of numismatics. As the inaugural coin in the Presidential Dollar series, it marks the beginning of an ambitious program aimed at honoring America’s Commanders-in-Chief while also attempting to rekindle public interest in the $1 coin. Below, we delve into the coin’s historical context, design features, market data, and collector insights.
Background of the Presidential Dollar Series
The Presidential Dollar program, launched in 2007, aimed to commemorate U.S. Presidents while encouraging the circulation of $1 coins. Unfortunately, like prior attempts such as the Sacagawea Dollar, the series struggled to achieve widespread circulation, largely due to the continued dominance of the $1 Federal Reserve Note.
Despite limited public adoption, the series became a favorite among collectors. Each year, four Presidents were honored in the order of their terms in office, starting with George Washington. Proof versions of the coins, struck at the San Francisco Mint, were especially prized for their stunning finish and crisp details.
Design of the 2007-S George Washington Dollar
- Obverse:
Designed by Joseph F. Menna, the obverse features a three-quarters profile portrait of George Washington, the first U.S. President. The inscriptions include:- GEORGE WASHINGTON (around the top edge)
- 1st PRESIDENT 1789-1797 (below the portrait)
- Reverse:
Don Everhart’s reverse showcases the Statue of Liberty in an ant’s-eye view, symbolizing America’s ideals of freedom and democracy. Surrounding the image are the words UNITED STATES OF AMERICA and the denomination $1. - Edge:
The coin’s edge is lettered with:- E PLURIBUS UNUM
- IN GOD WE TRUST
- Mintmark (S)
- Year of issuance (2007)
This combination of inscriptions and design elements adds an extra layer of detail and appeal for collectors.
Coin Specifications
- Country: United States
- Year of Issue: 2007
- Mintmark: S (San Francisco)
- Mintage: 3,965,989
- Alloy Composition: .770 copper, .120 zinc, .070 manganese, .040 nickel
- Weight: 8.10 g
- Diameter: 26.55 mm
- Quality: Proof
Market Trends and Collectibility
Proof coins like the 2007-S George Washington Presidential Dollar are highly sought after for their pristine finish. However, their relatively high mintage limits their market value compared to rarer collectibles.
- Certified Coins:
Graded specimens in Proof 69 and Proof 70 are most popular among collectors:- Proof 70 examples often fetch between $25 and $30.
- Proof 69 coins are valued closer to raw counterparts, with prices below $10.
- Historical Signature Sets and Proof Sets:
- The Presidential $1 Coin Proof Set, originally sold for $14.95, can now be found for under $10.
- The Historical Signature Set, which includes an intaglio print of Washington’s signature, originally retailed for $19.95 and currently sells for around $12.
These modest market values make the coin an affordable and accessible option for both novice and experienced collectors.
A Lasting Legacy
Despite its limited impact on circulating coinage, the 2007-S George Washington Presidential Dollar Proof continues to resonate with numismatists. Its elegant design and historical significance make it a must-have for collectors seeking to own a piece of the Presidential Dollar series.
Whether you’re drawn to its artistic details, intrigued by its historical connection, or simply looking to expand your coin collection, this coin offers a valuable glimpse into America’s storied past.
