James Madison 1809-1817 Gold Coin Value: Worth $978 Today

Are you interested in collecting the James Madison 1809 to 1817 gold coin?

Are you wondering if this Presidential Dollar coin is worth adding to your collection?

We’ve created this guide to walk you through everything you need to know about the 2007 James Madison gold coin value.

We’ll dive into the coin’s fascinating history, explore its features, and help you understand how to grade Presidential Dollar coins.

By the end, you’ll have a clear idea of the real value of a James Madison 1809 to 1817 gold coin and whether it’s worth collecting.

Let’s get started!

James Madison 1809 To 1817 Gold Coin Value Chart

Mint Mark	MS60	MS63	MS65	Uncirculated (MS67/PF70)
2007-P James Madison Gold Coin	$1	$6	$10	$30
2007-D James Madison Gold Coin	$3	$5	$7	$15
2007-S Proof James Madison Gold Coin	–	–	–	$25

History Of The James Madison 1809 To 1817 Gold Coin

The James Madison gold coin is part of the Presidential $1 gold coin series, which ran from 2007 to 2016. This series honors U.S. Presidents in the order of their presidencies.

While the reverse side of the coins follows a common design, the obverse features a portrait of the president being commemorated.

James Madison, born in 1751 in Virginia, is often called the “Father of the Constitution” for his significant role in shaping the U.S. Constitution and co-authoring the Federalist Papers. He also played a major role in drafting the Bill of Rights.

Madison was elected President in 1808, and during his presidency, key legislation such as the Act of December 1812 and the Act of April 1816 helped shape the nation’s currency policies.

Let’s now explore the features of the James Madison $1 gold coin.

Features Of The James Madison 1809 To 1817 Gold Coin

Understanding the features of the coin is crucial, whether you are collecting it as a hobby or as an investment.

Here’s an overview of the key features of the James Madison 1809 to 1817 gold coin.

The Obverse Of The James Madison 1809 To 1817 Gold Coin

The obverse of this coin showcases a portrait of James Madison. The inscription “JAMES MADISON” arches above his image, with the words “FOURTH PRESIDENT” and the years he served (1809 to 1817) along the bottom.

The Reverse Of The James Madison 1809 To 1817 Gold Coin

On the reverse side, the coin features a depiction of the Statue of Liberty, a gift from France in 1886. Surrounding the Statue of Liberty is an inner ring with the denomination “$1” and an outer ring that reads “UNITED STATES OF AMERICA.”

This coin weighs 8.10 grams and has a diameter of 26.50 millimeters, composed of 88.5% Copper, 6% Zinc, 3.5% Manganese, and 2% Nickel.

Other Features Of The James Madison 1809 To 1817 Gold Coin

The edge of the coin includes the year of issuance (2007) along with the mottos “IN GOD WE TRUST” and “E PLURIBUS UNUM.” The mint mark (P for Philadelphia, D for Denver) can also be found along the edge.

James Madison 1809 To 1817 Gold Coin Value Guides

The value of a James Madison gold coin depends on its condition, rarity, mint mark, and current market demand. Generally, these coins aren’t rare, and circulated coins are only worth their face value, but uncirculated ones can fetch a premium.

In 2007, three versions of the James Madison gold coin were issued:

• 2007 P James Madison Gold Coin
• 2007 D James Madison Gold Coin
• 2007 S Proof James Madison Gold Coin

Let’s take a closer look at each version.

2007 P James Madison Gold Coin

The Philadelphia Mint produced around 84,560,000 of these coins. While the number of circulating presidential coins was reduced by 20% in 2007, making this the lowest mintage for that year, circulated coins are worth just $1.

Uncirculated coins, especially those graded MS62, can be worth around $5, while those in better condition, graded MS65, may be valued at $10. A rare MS68 coin sold for $61 at auction in 2016.

2007 D James Madison Gold Coin

The Denver Mint issued an estimated 87,780,000 of these coins. Circulated examples are worth face value, but uncirculated ones can command higher prices. For instance, an MS65 coin can be sold for $7, while an MS67 might fetch $15.

In 2016, an MS67 specimen was sold for $130 on eBay.

2007 S Proof James Madison Gold Coin

The San Francisco Mint produced approximately 3,965,989 proof coins, which are known for their shiny and flawless appearance. These coins are worth more than regular coins, with some selling for as much as $127 for a PR70 grade coin.

Coins from special mint sets, with a matte finish, are worth between $20 and $75 depending on their grade. A specimen graded SP69 sold for $209 at a 2008 auction.

James Madison 1809 To 1817 Gold Coin Grading

When grading these coins, the condition is a major factor in determining their value. Uncirculated coins, especially those graded MS67 or higher, can fetch much more than their face value. Coins with grading above MS68 are rare and can be very valuable.

James Madison 1809 To 1817 Gold Coin Errors

Errors in coin production can make certain coins highly valuable. Some collectors specifically look for error coins, which can sometimes bring in large sums.

Here are some valuable error types for the 2007 James Madison gold coin:

• Missing Edge Lettering: Occasionally, coins may lack the usual edge lettering, making them highly collectible. One such coin was sold for $978 in 2010.
• Overlapping Doubled Edge Lettering: This error occurs when the edge lettering is struck more than once, causing it to overlap. These coins can be worth between $20 and $50, depending on the extent of the doubling.
• Inverted Edge Lettering on Proof Coins: On rare occasions, the edge lettering can be inverted, creating a sought-after error. These coins can fetch as much as $200 or more.