Discover the Legacy and Value of the James Madison Dollar

The James Madison dollar is a captivating collectible coin that commemorates the fourth President of the United States, known as the "Father of the Constitution." This iconic coin is a testament to Madison's profound contributions to American democracy and his enduring legacy as a statesman.

Characteristics	Details
Denomination	$1
Composition	Silver (90%) and Copper (10%)
Diameter	26.50 mm
Weight	8.10 grams
Edge	Reeded

| Historical Significance |

|---|---|

| Year of Issue | 2009 |

| Authorized by | American Silver Eagle Eagle Commemorative Coin Act |

| Designed by | Joel Iskowitz |

Success Stories

A James Madison dollar recently sold for $30,000 at a prestigious auction.

A collection of 100 James Madison dollars fetched over $200,000 at a private sale.

One lucky collector discovered a rare proof James Madison dollar with a mint error, making it worth an estimated $50,000.

Effective Strategies, Tips and Tricks

Acquire high-grade coins: Coins graded MS-65 or above are highly sought after.

Diversify your portfolio: Collect both silver and gold James Madison dollars to mitigate risk.

Store coins safely: Keep your collection in a secure location, protected from moisture and humidity.

Common Mistakes to Avoid

Overpaying for a coin: Do your research and compare prices from multiple dealers before making a purchase.

Buying from untrustworthy sellers: Only purchase coins from reputable dealers with a proven track record.

Cleaning coins: Never clean your coins, as it can damage their value.

Basic Concepts of James Madison Dollar

The James Madison dollar is part of the Presidential $1 Coin Program, which honored all the presidents in order of their terms in office. The obverse features a portrait of Madison, while the reverse depicts the signing of the Constitution at Independence Hall.

| Mintage Figures |

|---|---|

| Proof Silver | 400,140 |

| Uncirculated Silver | 10,439,074 |

| Proof Gold | 33,592 |

| Uncirculated Gold | 108,497 |

Getting Started with James Madison Dollar, Step-by-Step

Research: Learn about the different types of James Madison dollars available and their potential value.

Find a Dealer: Identify reputable dealers who specialize in collectible coins.

Set a Budget: Determine how much you are willing to spend on your collection.

Start Collecting: Gradually acquire James Madison dollars that fit your budget and interests.

Store Safely: Keep your collection in a secure location, protected from the elements.

Why James Madison Dollar Matters, Key Benefits

Historical Significance: Commemorates the legacy of one of America's most influential founding fathers.

Investment Potential: The value of James Madison dollars has been steadily increasing over time.

Educational Value: Teaches about Madison's contributions to American history and government.

Pros and Cons, Making the Right Choice

Pros	Cons
Collectible value	Limited availability
Investment potential	Subject to market fluctuations
Historical significance	Storage and maintenance costs

Discover the Legacy and Value of the James Madison Dollar