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.

| 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

1. Research: Learn about the different types of James Madison dollars available and their potential value.
2. Find a Dealer: Identify reputable dealers who specialize in collectible coins.
3. Set a Budget: Determine how much you are willing to spend on your collection.
4. Start Collecting: Gradually acquire James Madison dollars that fit your budget and interests.
5. 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