Ulysses S. Grant Dollar Coin: Values & History

Introduction

The Ulysses S. Grant Presidential Dollar is a United States coin issued in 2011 as part of the Presidential $1 Coin Program. This coin honors Ulysses S. Grant, the 18th President of the United States, who served from 1869 to 1877. Beyond his presidency, Grant was also a celebrated Civil War general. This article provides a comprehensive overview of the Ulysses S. Grant Dollar coin, covering its history, design, value, and collectibility.

History of the Presidential $1 Coin Program

The Presidential $1 Coin Program was authorized by the Presidential $1 Coin Act of 2005. The program aimed to honor each deceased U.S. President in the order they served, issuing four coins per year from 2007 to 2016. The Ulysses S. Grant coin was part of this series, released in 2011 as the 18th coin in the program. The program was designed to promote interest in U.S. history and presidential legacies, as well as to encourage the use of dollar coins in everyday transactions.

Design of the Ulysses S. Grant Dollar Coin

Obverse Design

The obverse (front) of the Ulysses S. Grant Dollar coin features a portrait of President Grant. The design was created by Don Everhart, a sculptor and engraver at the United States Mint. Inscriptions on the obverse include "ULYSSES S. GRANT," "18th PRESIDENT," and the years of his presidency, "1869-1877."

Reverse Design

The reverse (back) of the coin features a rendition of the Statue of Liberty, a common design element for all coins in the Presidential $1 Coin Program. This design, created by Don Everhart, symbolizes freedom and democracy. Inscriptions on the reverse include "UNITED STATES OF AMERICA" and "$1."

Edge Inscriptions

A unique feature of the Presidential $1 coins is the edge inscription. The Ulysses S. Grant Dollar coin includes the year of minting (2011), the mint mark ("P" for Philadelphia or "D" for Denver), and the mottoes "E PLURIBUS UNUM" and "IN GOD WE TRUST." These inscriptions are incused (engraved) into the edge of the coin.

Minting and Varieties

The Ulysses S. Grant Dollar coins were minted at the Philadelphia and Denver Mint facilities. The coins are composed of a copper core clad in manganese brass, giving them a distinctive golden color. Several varieties and errors have captured the interest of collectors.

Mint Marks

The mint mark on the Ulysses S. Grant Dollar coin indicates where the coin was produced. Coins minted in Philadelphia have a "P" mint mark, while those from Denver have a "D" mint mark. These mint marks are found on the edge of the coin. — Texas A&M Football: Your Ultimate Guide To Aggie Gridiron Glory

Errors and Varieties

One notable error in the Presidential Dollar series is the missing edge lettering. These coins lack the inscriptions "E PLURIBUS UNUM" and "IN GOD WE TRUST" on the edge, making them valuable to collectors. While missing edge lettering errors are more commonly associated with earlier coins in the series, they can occasionally be found in later issues, including the Ulysses S. Grant Dollar.

Value and Collectibility

The value of a Ulysses S. Grant Dollar coin depends on its condition, mint mark, and any existing errors or varieties. Circulated coins typically have a face value of $1, but uncirculated coins and those with errors can fetch higher prices among collectors.

Factors Affecting Value

• Condition: Uncirculated coins in pristine condition are worth more than circulated coins.
• Mint Mark: Coins from certain mints may be scarcer and more valuable.
• Errors and Varieties: Coins with errors, such as missing edge lettering, are highly sought after.
• Demand: The popularity of the coin among collectors influences its market value.

Current Market Value

As of 2023, a circulated Ulysses S. Grant Dollar coin is generally worth its face value of $1. Uncirculated coins, especially those in Mint State (MS) grades of 63 or higher, can be worth several dollars. Error coins, such as those with missing edge lettering, can range from $50 to several hundred dollars, depending on their condition and the specifics of the error. — Champaign, IL ZIP Codes: Find Yours Here!

Collecting Ulysses S. Grant Dollar Coins

Collecting Ulysses S. Grant Dollar coins can be a rewarding hobby. Here are some tips for collectors:

• Start with Uncirculated Coins: If possible, begin your collection with uncirculated coins to ensure their quality and potential value.
• Look for Mint Marks: Collect coins from both the Philadelphia and Denver Mints to have a complete set.
• Inspect for Errors: Check your coins for any errors or varieties, as these can be valuable additions to your collection.
• Store Coins Properly: Use coin holders, albums, or cases designed for coin storage to protect your coins from damage.
• Stay Informed: Keep up-to-date on market values and new discoveries in the coin collecting world.

Ulysses S. Grant’s Legacy

Ulysses S. Grant was a significant figure in American history, both as a military leader and as a president. His leadership during the Civil War helped preserve the Union, and his presidency focused on Reconstruction and civil rights. His appearance on the dollar coin serves as a reminder of his contributions to the nation.

Where to Buy and Sell

Ulysses S. Grant Dollar coins can be bought and sold through various channels: — Blue Jays' Last World Series Victory: A Look Back

• Coin Dealers: Local coin shops and dealers often carry a variety of U.S. coins, including Presidential Dollars.
• Online Marketplaces: Websites like eBay and specialized coin collecting sites offer a wide selection of coins from various sellers.
• Coin Shows: Attending coin shows and conventions can provide opportunities to buy, sell, and trade coins with other collectors and dealers.
• Auction Houses: Auction houses specializing in numismatics often feature rare and valuable coins.

FAQ Section

What is the Ulysses S. Grant Dollar coin made of?

The Ulysses S. Grant Dollar coin is made of a copper core clad in manganese brass.

How many Ulysses S. Grant Dollar coins were minted?

The U.S. Mint produced millions of Ulysses S. Grant Dollar coins at both the Philadelphia and Denver Mint facilities. The exact mintage figures vary.

Are there any rare Ulysses S. Grant Dollar coins?

Yes, Ulysses S. Grant Dollar coins with errors, such as missing edge lettering, are considered rare and can be quite valuable.

How do I identify the mint mark on the coin?

The mint mark is located on the edge of the coin. A "P" indicates Philadelphia, and a "D" indicates Denver.

How much is a Ulysses S. Grant Dollar coin worth?

A circulated Ulysses S. Grant Dollar coin is generally worth its face value of $1. Uncirculated coins can be worth more, and error coins can be worth significantly more, ranging from $50 to several hundred dollars.

Conclusion

The Ulysses S. Grant Dollar coin is a fascinating piece of American numismatic history, commemorating a pivotal figure in the nation's past. Whether you are a seasoned collector or a casual enthusiast, this coin offers a tangible link to the legacy of President Grant and the Presidential $1 Coin Program. Understanding the coin's history, design, value, and collectibility can enhance your appreciation for this unique piece of American currency.