In 2007 the US Mint began producing the $1 Presidential golden coin. The series starts off with George Washington the first US President and then every President thereafter. Only 4 Presidents are represented each year. Currently there have been 20 different coins released representing the first 20 Presidents.
In this collection we have all 20 from each mint producing the coins - Philadelphia, Denver and San Francisco. Each San Francisco coin is called a "proof." Therefore each collection consists of 60 total coins (40 mint state coins and 20 proof coins) The coins are beautifully displayed in a Dansco collectors album. 2007-11 will include George Washington-James Garfield.
Manufactured in the United States by American Collectors Mint, LLC.
The United States' first mint was opened in Philadelphia in 1793. Cents and half-cents were its first coins struck for circulation. Dies were cut by hand and each cutter added their own touch to the coin. Horses and strong men were the "machines" that operated the presses that made the coins. Mints were located in Philadelphia (PA), Denver (CO), West Point (NY), San Francisco (CA), Carson City (NV), New Orleans (LA), Charlotte (NC) and Dahlonega (GA). Only four of these mints currently exist: Philadelphia, Denver, West Point and San Francisco. The other four were closed soon after the Civil War.
A mint mark is a small letter struck on an open area of a coin to represent the mint location where it was made. While mint marks began in ancient Greece and Rome, the first mint marks to appear on coins in the United States were in 1838. Mint marks were usually struck on the reverse side of the coins. In 1968, however, mint director Eva Adams changed the striking to the obverse of the coin in order to gain uniformity.
Mint marks are quite important to collectors because they help to determine a coin's value. A coin may have been struck in mass quantities at one mint, yet struck in smaller quantities at another. The coin struck in smaller quantities may be worth more than the one produced at a larger count. Mint marks are also important to collectors who gather the same coin from every mint it was struck.
The Philadelphia Mint has always been the main U.S. Mint location, yet the majority of coins struck there did not have mint marks until 1980. It carried the title of the world's largest mint until 2009. All coins from Philadelphia carry the letter "P". Pennies, however, are the exception, as they do not carry mint marks.
The Denver Mint opened in 1906 due to the gold and silver discoveries in Colorado. Coins produced there are marked with the letter "C". The West Point Mint opened in 1988 and coins produced there are marked with the letter "W". The San Francisco Mint opened in 1854, thanks to the gold rush in California. Coins produced there are marked with an "S".
The grade of a coin is an essential element of information when it comes to coin collecting. The grade explains what physical condition the coin is in, therefore is important in determining a particular coin's value. Below explains the different coin grades given by most certification companies, from flawless to poor condition.
Coin Certification Companies