COINS
2007 P James Madison Specimen Finish 1St Day of Issue MS-69
Key Facts & Value
Key Fact
Description
This is a 2007 Philadelphia Mint dollar coin featuring James Madison, graded MS-69 by IGS. It is a specimen finish coin and a 1st Day of Issue. The obverse displays a portrait of James Madison, while the reverse features an eagle emblem. The coin is encapsulated in a protective holder.
History
The Presidential Dollar Coin Program, initiated in 2007, honors U.S. Presidents. This particular coin features James Madison, the fourth U.S. President and a key figure in the drafting of the Constitution. The Philadelphia Mint produced this coin, contributing to its historical significance as part of a circulating commemorative series.
Facts
James Madison is often called the 'Father of the Constitution' for his pivotal role in its creation and the Bill of Rights. His presidency coincided with the War of 1812. This coin's 'Specimen Finish' indicates a higher quality striking, often sought after by collectors for its detailed appearance.
Value Fact
This particular IGS-graded 2007 P Madison Dollar, especially with a 'Specimen Finish' and '1st Day of Issue' designation, appeals to collectors of U.S. commemorative coins. While not exceptionally rare, high-grade examples like MS-69 can command a premium over face value, with prices typically ranging from $10 to $25 depending on the market and specific attributes.
Item Details
Official Details
Variation Details
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