A United States one-dollar coin, authorized by Congress as part of the Presidential $1 Coin Program, features the likeness of the ninth President of the United States. These coins are composed of a manganese-brass alloy, giving them a distinctive golden color, and were intended to honor each deceased president in order of their term of service.
This particular coin serves as both a numismatic collectible and a historical artifact. Its production allowed the United States Mint to celebrate the legacy of a prominent figure in American history. Furthermore, it contributed to public awareness of the nation’s presidential lineage and provided a tangible representation of executive leadership for collectors and the general public alike.
The following discussion will delve deeper into the specifics of this commemorative issue, encompassing its design elements, mintage figures, market value, and its place within the broader context of the Presidential $1 Coin series. Understanding these aspects provides a comprehensive appreciation for its significance.
1. Presidential Series
The Presidential $1 Coin Program, commonly known as the Presidential Series, is a significant framework that contextualizes the issuance and understanding of the commemorative dollar featuring the likeness of William Henry Harrison. Its structure and purpose directly influence the coin’s design, production, and ultimate value within the numismatic community.
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Sequential Release
The Presidential Series dictated a chronological release schedule, honoring deceased presidents in the order of their service. Consequently, the Harrison dollar coin was produced and released following the coins of his predecessors. This sequential approach provided a structured historical narrative through circulating currency and collectibles.
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Standardized Design Elements
This program implemented a uniform set of design standards across all coins in the series. This included the coin’s size, metallic composition (manganese-brass), edge lettering, and the obverse depiction of the President. The adherence to these established elements ensures consistency and facilitated recognition within the larger collection.
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Educational Objective
The Presidential Series aimed to promote public awareness of American presidential history. The inclusion of key dates and inscriptions on the coin served as educational prompts, encouraging citizens to learn more about the individuals who held the nation’s highest office. This educational purpose contributed to the overall significance of each coin, including the Harrison dollar.
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Limited Mintage and Circulation
The US mint generally limited production, making more collectible. This, and also short period of circulation helped with it’s collectibility and value.
In conclusion, understanding the Presidential Series is essential for appreciating the William Henry Harrison dollar coin. The series’ structured release, standardized design, and educational objective collectively shaped the coin’s creation, purpose, and its position within the broader landscape of American numismatics. Its unique place comes from production and historical significance.
2. Golden Hue
The distinctive golden color of the coin featuring the likeness of William Henry Harrison is not merely aesthetic; it is a deliberate result of its metallic composition, and a key characteristic influencing its appeal and identification within the Presidential $1 Coin Program.
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Compositional Foundation
The coin’s golden hue stems from its composition of 88.5% copper, 6% zinc, 3.5% manganese, and 2% nickel. This specific alloy, known as manganese brass, provides a durable and cost-effective alternative to gold, while still affording a visually striking and readily identifiable appearance. The absence of precious metals helps to keep production costs manageable.
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Visual Distinctiveness
The color serves to visually differentiate the Presidential $1 Coins from standard circulating coinage. The golden hue facilitates immediate recognition, making it easier for the public to distinguish these commemorative pieces from quarters, dimes, and other silver-colored coins. This visual distinction enhances their collectibility and prominence.
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Tarnish Resistance
While not immune to oxidation, the manganese-brass alloy exhibits a degree of tarnish resistance compared to pure copper or other base metals. This property helps the coins maintain their golden appearance over time, preserving their aesthetic value and collector appeal. Proper storage and handling further mitigate tarnish.
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Symbolic Resonance
The golden color can evoke associations with wealth, value, and historical significance. While not made of gold, the coin’s hue subtly suggests its importance as a commemorative artifact, honoring a former president and representing a piece of American history. The coloration lends a sense of gravitas to the series.
The golden hue is, therefore, an integral characteristic of the coin. It arises from its specific metallic composition, ensures immediate visual recognition, contributes to its long-term preservation, and subtly reinforces the commemorative and historical value.
3. Mintage Year
The mintage year of the coin bearing William Henry Harrison’s likeness is a critical factor determining its rarity, value, and overall desirability within the numismatic community. The United States Mint produced the William Henry Harrison Presidential $1 Coin in 2009. Specific mint facility production figures (Philadelphia and Denver) from that year directly impact the coin’s availability today. Lower mintage numbers, stemming from decreased demand or altered Mint production schedules during that period, translate to higher scarcity, potentially increasing its worth among collectors.
For example, if the Denver Mint produced significantly fewer William Henry Harrison coins compared to the Philadelphia Mint in 2009, the Denver-minted version would typically command a higher price on the secondary market. This differential value is driven by the basic economic principle of supply and demand. The mintage year serves as a historical marker, reflecting the economic and production conditions prevalent at the time of its creation. The knowledge of mintage figures helps collectors assess the potential investment value and make informed decisions regarding acquisition and selling strategies.
In summary, the mintage year of the William Henry Harrison Presidential $1 Coin is inextricably linked to its collectibility and market value. Understanding the production numbers for 2009 is crucial for numismatists seeking to build comprehensive Presidential dollar collections or make informed investment choices. The information available is not always exact as to survival rates, but mint records are public record.
4. Design Details
The aesthetic characteristics of the coin bearing the likeness of William Henry Harrison are critical components that contribute to its historical significance, collector appeal, and numismatic value. The following facets detail the specific design elements of this coin.
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Obverse Portrait and Inscriptions
The obverse features a portrait of William Henry Harrison. Inscriptions include “WILLIAM HENRY HARRISON,” “9th PRESIDENT,” and the years of his presidential term. The accuracy and quality of the portraiture, as well as the legibility and placement of the inscriptions, directly influence the coin’s aesthetic appeal and historical fidelity. Any variations or errors in these elements can significantly impact its desirability among collectors.
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Reverse Design and Symbolism
The reverse of the coin features the Statue of Liberty. This design is consistent across all coins in the Presidential $1 Coin Program. Inscriptions include “UNITED STATES OF AMERICA” and “$1.” This imagery contributes to the coin’s national identity and serves as a unifying element within the series. The clarity and detail of the reverse design play a role in its overall aesthetic quality.
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Edge Lettering and Markings
The coin’s edge features inscriptions including the year of minting, the mint mark (“P” for Philadelphia or “D” for Denver), and the motto “E PLURIBUS UNUM.” This edge lettering is a security feature designed to deter counterfeiting. The visibility, clarity, and correct execution of the edge lettering are crucial for authenticating the coin and assessing its quality.
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Mint Marks and Their Significance
The presence and location of the mint mark (P or D) indicate the facility where the coin was produced. As previously stated, mintage figures from each facility can vary, impacting the coin’s scarcity and value. The visibility and clarity of the mint mark are important for identification and authentication purposes. Collectors often seek examples from specific mints based on their individual production numbers and perceived rarity.
These design elements collectively define the visual and tactile experience. Understanding and appreciating these design specifics enables a deeper understanding of its historical and numismatic significance. The integration of portraiture, symbolic imagery, and security features contribute to its value as both a collectible item and a piece of American history.
5. Market value
The market value of the coin depicting William Henry Harrison is a dynamic figure influenced by various factors within the numismatic market. Understanding these influences is essential for collectors and investors interested in acquiring or trading this particular coin.
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Condition and Grading
The physical condition of the coin is paramount in determining its market value. Professional grading services, such as PCGS and NGC, assign numerical grades based on factors like wear, surface preservation, and strike quality. Coins in uncirculated condition (MS-60 or higher) command significantly higher prices than circulated examples. Damage, cleaning, or other forms of alteration negatively impact the grade and, consequently, the market value. Independent grading by reputable services offers assurance and standardization in assessing a coin’s condition.
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Rarity and Mintage Figures
The number of William Henry Harrison coins produced by the United States Mint directly impacts its scarcity and, subsequently, its market value. Lower mintage figures generally translate to higher premiums, especially for coins in exceptional condition. Mint mark variations (Philadelphia vs. Denver) can also influence rarity and value. Studying historical mintage data is essential for assessing the potential appreciation of this coin over time. However, it’s important to remember that scarcity alone does not guarantee high value; demand is a critical component.
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Demand and Collector Interest
The level of interest from collectors and investors directly affects the market value. Factors like the overall popularity of the Presidential $1 Coin Program, the historical significance of William Henry Harrison, and general market trends within numismatics can drive demand. Increased demand leads to higher prices, while waning interest can result in depreciation. Online auction sites, numismatic publications, and coin shows provide insights into current market sentiment and demand for this specific coin.
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Economic Conditions and Precious Metal Prices
Broader economic factors can indirectly influence the market value. Economic downturns may lead to increased interest in tangible assets like coins, potentially driving up prices. While this particular coin does not contain precious metals, the overall sentiment in the market, and fluctuation of coin materials can indirectly affect its value. Collector’s disposable income also plays a role, which is subject to broad economic conditions.
In conclusion, the market value of the William Henry Harrison coin is a complex interplay of condition, rarity, demand, and economic factors. Potential buyers and sellers must carefully consider these elements to make informed decisions in the numismatic marketplace. Further, accurate information, as opposed to speculation, is essential for accurate value assessment.
6. Collectibility
The concept of collectibility, when applied to the William Henry Harrison Presidential $1 Coin, transcends mere monetary valuation, encompassing historical significance, aesthetic appeal, and personal investment. Several facets contribute to its desirability among collectors, shaping its role within the numismatic landscape.
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Historical Significance and Presidential Legacy
The coin’s representation of William Henry Harrison, the ninth President of the United States, provides a tangible link to American history. Harrison’s brief tenure and historical context contribute to the coin’s appeal for those interested in presidential history and the broader narrative of the nation’s leadership. Coins serve as miniature historical markers, connecting collectors to the past.
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Completeness of the Presidential $1 Coin Program
Many collectors aim to assemble complete sets of the Presidential $1 Coin Program. This pursuit drives demand for individual coins within the series, including the Harrison dollar. The desire for completion creates a consistent market for these coins, as collectors seek to fill gaps in their collections. The systematic nature of the program lends itself to dedicated collection efforts.
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Condition and Grading Standards
The physical condition of the coin significantly impacts its collectibility. Uncirculated examples with sharp details and minimal flaws are highly prized. Professional grading services provide objective assessments of condition, influencing a coin’s value and desirability. Collectors often seek certified coins to ensure authenticity and preservation.
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Rarity and Mintage Numbers
The relative scarcity of a particular coin can substantially increase its collectibility. While the coin featuring William Henry Harrison isn’t considered extremely rare, variations in mint marks and subtle die differences can create sought-after subcategories. The lower the mintage figures, the more potential for a coin’s value and desirability to collectors. This is also true for any coins with errors, however slight.
In summary, collectibility of the William Henry Harrison Presidential $1 Coin is multifaceted, influenced by its historical connections, its role within a larger series, its physical condition, and its relative scarcity. These elements converge to determine its appeal and value within the numismatic community, emphasizing its position beyond a simple monetary token.
Frequently Asked Questions
This section addresses common inquiries and clarifies relevant information regarding the coin honoring the ninth President of the United States. The following questions and answers are intended to provide a clear and concise understanding of its properties and significance.
Question 1: Is the William Henry Harrison dollar coin actually made of gold?
No, the coin is not made of gold. It is composed of an alloy of 88.5% copper, 6% zinc, 3.5% manganese, and 2% nickel, which gives it a golden color. The term “gold dollar” is a misnomer arising from its hue.
Question 2: What is the face value of the William Henry Harrison dollar coin?
The face value is one dollar ($1). It was intended for circulation, although many were collected and not used in commerce.
Question 3: Where can the mint mark be found on the William Henry Harrison dollar coin?
The mint mark (P for Philadelphia or D for Denver) is located on the edge of the coin, along with the year of mintage and the motto “E PLURIBUS UNUM.”
Question 4: How many William Henry Harrison dollar coins were minted?
Mintage figures vary between the Philadelphia and Denver mints. Consult numismatic resources and US Mint records for precise production numbers for the year 2009.
Question 5: What factors affect the market value of the William Henry Harrison dollar coin?
The market value is primarily influenced by condition, grading, mintage figures, and overall demand within the numismatic market. Certified coins in uncirculated condition typically command higher prices.
Question 6: Is the William Henry Harrison dollar coin still in production?
No, production ceased with the completion of the Presidential $1 Coin Program. The coins are now available only through secondary markets and numismatic dealers.
In summary, the coin is a valuable numismatic item owing to its historical connection. The coin is not valuable from it’s material.
The following section will conclude the study with a recap of important information and a summary of the key points.
Tips for the William Henry Harrison Presidential $1 Coin Collector
Effective strategies enhance the acquisition, preservation, and appreciation of this commemorative coin. The following recommendations are provided to guide collectors in making informed decisions and maximizing their collecting experience.
Tip 1: Research Mintage Figures and Mint Marks. Thoroughly investigate the production numbers for both the Philadelphia and Denver mints. Distinguish between the “P” and “D” mint marks and understand how these variations impact scarcity and potential value. Use official US Mint records and reputable numismatic resources to confirm data accuracy.
Tip 2: Prioritize Coin Condition and Grading. Focus on acquiring coins in the highest possible condition, preferably uncirculated (MS-60 or higher). Consider purchasing coins certified by reputable grading services like PCGS or NGC to ensure authenticity and objective condition assessment. Understand the grading scale and its implications for value.
Tip 3: Invest in Proper Storage and Handling. Protect coins from environmental damage and physical wear. Use archival-quality coin holders, albums, or capsules designed for long-term storage. Handle coins with clean hands or cotton gloves to prevent fingerprints and surface contamination.
Tip 4: Track Market Trends and Auction Results. Monitor online auction sites, numismatic publications, and coin shows to stay informed about current market trends and pricing for the William Henry Harrison coin. Compare sales results for coins in similar condition and with comparable mint marks.
Tip 5: Join Numismatic Organizations and Communities. Engage with fellow coin collectors through local coin clubs or online forums. Participate in discussions, share knowledge, and learn from experienced numismatists. Networking can provide valuable insights and opportunities for acquisition and trade.
Tip 6: Understand Strike Quality Variations. Not all coins are created equal. Even uncirculated examples can exhibit variations in the sharpness of the strike and the clarity of details. Examine coins closely for full strikes, particularly on the portrait and the Statue of Liberty. Seek out coins with strong visual appeal.
Tip 7: Be Aware of Potential Counterfeits. While not as common as counterfeits of more valuable coins, it is prudent to be aware of the possibility of fraudulent examples. Compare questionable coins to known genuine specimens and examine details such as the edge lettering and mint mark placement. Rely on reputable dealers and grading services to authenticate coins.
Following these strategies enhances the value and enjoyment derived from collecting this symbolic representation of American history. Skillful and informed collecting practices result in a portfolio of coins that tell a story.
This brings the discussion to a conclusion.
Conclusion
This exploration of the “william henry harrison gold dollar” has illuminated its key characteristics, encompassing its place within the Presidential $1 Coin Program, its distinctive metallic composition and coloration, the significance of its mintage year and mint marks, its nuanced design details, the dynamics of its market value, and the multifaceted nature of its collectibility. The analysis has underscored the coin’s value as both a numismatic item and a tangible artifact of American history.
As such, further research into the coin’s background is welcomed and contributes to the study of its history. Appreciation of such historical items promotes an understanding of leadership in the United States of America.
