Coinflation: Presidential dollar value and coin price
  Measuring the Metal Value of Coins – Base Metal, Gold, and Silver Coins

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2007-2014 Presidential Golden Dollar Melt Value

2007-2014 Presidential Dollar Value (United States)


U.S. MINT SPECIFICATIONS
Denomination:$1.00
Obverse Image:U.S. Presidents; four released every year in the order they served.
Reverse Image:Statue of Liberty
Metal Composition:88.5% copper, 6% zinc, 3.5% manganese, 2% nickel
Total Weight:8.1 grams
Comments:The manganese brass in the coin is part of the outer layer. Like any brass, its color will eventually become darker, giving these coins an antique finish. As the coins are handled frequently, the darker "patina" may wear off the high points of the coin, leaving golden-colored highlights that accent the darker background around the border, lettering and other less exposed areas.


    
CALCULATING TODAY'S MELT VALUE (USD)
Using the latest metal prices and the specifications above, these are the numbers required to calculate melt value:
 
 $3.1679  =copper price / pound on Sep 02, 2014.
.885  =copper %
 $1.0711  =zinc price / pound on Sep 02, 2014.
.06  =zinc %
 $2250.00  =manganese price / ton on Sep 02, 2014.
.035  =manganese %
$8.3996  =nickel price / pound on Sep 02, 2014.
.02  =nickel %
8.1  =total weight in grams
.00220462262  =pound/gram conversion factor
1.0 × 10-6  =metric ton/gram conversion factor (see note directly below)


The CME uses pounds to price copper, zinc, and nickel and that means we need to multiply the metal price by .00220462262 to make the conversion to grams. The manganese price is based in metric tons and that means we need to multiply the metal price by 1.0 × 10-6 to make the conversion to grams.



1. Calculate 88.5% copper value :

      (3.1679 × .00220462262 × 8.1 × .885)  =  $0.0500642


2. Calculate 6% zinc value :

      (1.0711 × .00220462262 × 8.1 × .06)  =  $0.0011474


3. Calculate 3.5% manganese value :

      (2250.00 × (1.0 × 10-6) × 8.1 × .035)  =  $0.000637


4. Calculate 2% nickel value :

      (8.3996 × .00220462262 × 8.1 × .02)  =  $0.0029997


5. Add the four together :

      $0.0500642 + $0.0029997 + $0.000637 + $0.0011474 = $0.0548483




$0.0548483 is the melt value for the 2007-2014 Presidential golden dollar on September 02, 2014.



  ← Calculate the value of your own coins.




MINTAGE AND COLLECTIBLE VALUE (USD)
The "Year" column lists the year and mint mark on the coin -- D is for Denver, S is for San Francisco, and P is for Philadelphia. A coin without a mint mark means it was also minted in Philadelphia. The "Mintage" column is the number of coins struck and released by the U.S. Mint. The "Numismatic Value Range" column represents what people typically pay for that type of coin (usually a very wide price range depending on the condition).

YearMintageNumismatic Value Range
2007 Washington (no edge lettering)unknown$5.00 - $180.00

If you're interested in learning more about grading coins, Photograde is an excellent resource.


EBAY AUCTIONS - PRESIDENTIAL DOLLARS
I believe that the old saying, "A coin is only worth what someone will pay for it," is absolutely true. I prefer eBay because it displays what people are actually paying for coins. Monthly coin price magazines and online price lists may not reflect current market conditions because they don't demonstrate what people are actually willing to pay.

View all Presidential Dollar auctions or those with the least time left (below).



CHARTS
Long-term metal price charts for the Presidential dollar (except manganese):

     [Most Recent Quotes from www.kitco.com]            [Most Recent Quotes from www.kitco.com]





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