George Washington Dollar Coin

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The 1982 George Washington Commemorative Half Dollar (Buy on eBay) marked the beginning of the modern commemorative coin era. The coin was issued to celebrate the 250th anniversary of the birth of George Washington.

2007 S Presidential Dollar George Washington: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. Buy & Sell This Coin. This page also shows coins listed for sale so you can buy and sell. George Washington Dollar Coin. Side Refine Panel. Shop by Category. Dollars; Presidential (2007-Now) Early Dollars (1794-1804) Gobrecht Dollars (1836-1839). Hi, and thanks for your question. I presume you are referring to this coin: If this is similar to the one you have, then it is worth one dollar; just as it says on the back of the coin.

The obverse of the coin portrays George Washington on horseback. The reverse features the eastern facade of Washington’s home at Mount Vernon, with a heraldic eagle appearing below. The coin was designed by Elizabeth Jones, who was serving as the chief sculptor and engraver of the United States Mint at the time the coin was issued.

The obverse inscriptions read “George Washington”, “Liberty”, “250th Anniversary of Birth” and the date “1982”. The reverse inscriptions include “United States of America”, “In God We Trust”, and the denomination “Half Dollar”.

Coins were struck in 90% silver and represented the first 90% silver coins to be produced by the United States Mint since 1964. Proof and uncirculated versions were issued, with proof coins struck at the San Francisco Mint and the uncirculated coins struck at the Denver Mint. A maximum authorized mintage of 10 million coins was established by law. The coins were initially sold at a discount for during a “pre-issue” period before regular prices went into effect.

Unlike most subsequent modern commemoratives, the George Washington Half Dollars were produced in anticipation of sales throughout 1982 and 1983, although all coins were dated 1982. When the US Mint finally stopped accepting orders for the coins on December 31, 1985, a quantity of more than one million unsold coins were melted. Nonetheless, the program achieved a profit of more than $36 million, which was deposited into the Treasury General Fund.

Due to the high mintage of this issue, the coins remain readily available for present day collectors. The predominant factor in valuing the coins is the market price of silver, based on the coin’s silver content of 0.36169 troy ounces.

Coin Specifications

Designer: Elizabeth Jones
Weight: 12.5000 g
Composition: 90% Silver (0.3617 ounces of silver)
Diameter: 30.6 mm
Maximum Authorized Mintage: 10,000,000 (across both options)

1982-D Uncircultaed George Washington Half Dollar

Pre-issue Price: $10.50
Regular Price:
$12.50
Final Mintage: 2,210,458

1982-S Proof George Washington Half Dollar

Pre-issue Price: $8.50
Regular Price: $10.00
Final Mintage: 4,894,044

Presidential $1 Coin ProgramCoin
  • Year of Issue: 2007
  • Authorizing Legislation: Public Law 109–145

Background

$1 George Washington Coin Value

Following the ratification of the Constitution of the United States, the Electoral College unanimously elected George Washington to serve as the United States’ first President.

The former General and Commander in Chief of the Continental Army served two terms as president, holding the office from 1789 to 1797.

On June 1, 1789, President George Washington signed the country’s first Act of Congress, concerning the administration of oaths. In 1791, President Washington presided over the Nation’s first recorded Cabinet meeting, which included Alexander Hamilton as the United States’ first Secretary of the Treasury and Thomas Jefferson as the first Secretary of State.

President Washington himself laid the cornerstone for the United States Capitol building in Washington, D.C., on September 18, 1793.

Washington also laid the groundwork for the United States’ earliest foreign policy stance when he issued his Declaration of Neutrality in 1793, a direct response to the emerging conflict between England and France.

1789 1797 George Washington One Dollar Coin

Coinage Legislation under President George Washington

The Coinage Act of April 2, 1792 — Commonly referred to as the Mint Act, this Act establishes the United States Mint at Philadelphia, the Nation’s capital at the time. The Mint Act called for the production of the following coins, and specified their weight in gold, silver or copper: half-cent, cent, half-dime, dime, quarter-dollar, half-dollar, dollar, quarter-eagle ($2.50), half-eagle ($5.00), and eagle ($10).

Act of May 8, 1792 — This Act authorizes the Director to purchase up to 150 tons of copper for the coining of cents and half-cents.
Act of January 14, 1793 — This Act establishes the metal content of cents and half-cents.

Act of February 9, 1793 — This Act establishes foreign exchange rates, and ends the acceptance of foreign coinage (with the exception of the Spanish milled dollar) as legal tender in the United States.

Act of March 3, 1794 — This Act provides an accounting method of receiving metals for the purpose of producing coins from the metals received.

Act of March 3, 1795 — This Act establishes the positions of melter and refiner of the United States Mint and grants the President the authority to reduce the amount of copper used in both the cent and half-cent.

United States Mint Directors appointed by President Washington

George Washington Dollar Coin

1792 David Rittenhouse — First Director of the United States Mint

1795 Henry William de Saussure — Second Director

1795 Elias Boudinot — Third Director

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Characteristics

Obverse Inscriptions

  • GEORGE WASHINGTON
  • 1ST PRESIDENT 1789-1797

Reverse Inscriptions

  • UNITED STATES OF AMERICA
  • $1

Incused (edge) Inscriptions

  • 2007
  • E PLURIBUS UNUM
  • IN GOD WE TRUST
  • mint mark ('P', 'D,' or 'S')

Mint and Mint Mark

Artist Information

Obverse
  • Joseph Menna, Medallic Artist
ReverseGeorge Washington Dollar Coin
  • Designer: Don Everhart, Sculptor-Engraver