Franklin Pierce Dollar Coin Value Errors And Collecting Guide
The Franklin Pierce dollar coin is part of a celebrated coin series that honors past presidents of the United States. Released by the United States Mint as part of the Presidential $1 Coin Program, this coin recognizes Franklin Pierce, the 14th president of the U.S., who served from 1853 to 1857.
The program, which ran from 2007 to 2016, issued coins featuring the portraits of deceased U.S. presidents in the order in which they served. Franklin Pierce’s dollar coin was the 14th release, matching his position in the presidential timeline.
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Franklin Pierce Dollar Coin value
The Franklin Pierce dollar coin holds modest monetary value but significant historical and collectible appeal. In circulated condition, it is generally worth its face value of $1, making it easy to obtain for beginners. However, uncirculated versions—especially those in mint state (MS) grades—can be valued between $2 and $5, depending on the mint mark and overall quality.
Proof coins, produced specifically for collectors, can fetch $6 or more, particularly if they are well-preserved in original packaging. While it may not carry high market prices, the coin’s true worth lies in its role as part of the Presidential $1 Coin Program, honoring the legacy of America’s 14th president and enriching historical collections across the country.
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Franklin Pierce Dollar coin error
The Franklin Pierce dollar coin, issued in 2010 as part of the U.S. Mint’s Presidential $1 Coin Program, is notable not only for its historical significance but also for certain minting errors that have intrigued collectors. Among these, the most prominent is the Missing Edge Lettering error.
One of the most recognized errors in the Franklin Pierce dollar coin series is the absence of the edge inscriptions, which typically include the year of minting, the mint mark, and the motto “E PLURIBUS UNUM.” This anomaly occurs when coins bypass the edge lettering process, resulting in a smooth edge devoid of any inscriptions. Such coins have been authenticated and graded by professional services like PCGS, with some achieving high grades such as MS-67. For instance, a PCGS MS-67 graded coin with this error sold for $110 at auction .
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Design Features of the Franklin Pierce Dollar Coin
One of the standout aspects of the Franklin Pierce dollar coin is its detailed design, both on the obverse (front) and reverse (back) sides:
- Obverse: Features a forward-facing portrait of President Franklin Pierce. The inscriptions include:
- “Franklin Pierce”
- “14th President”
- “1853–1857”
- Reverse: Contains the iconic image of the Statue of Liberty, a common design across all Presidential $1 coins. It symbolizes freedom and democracy.
Other inscriptions on the edge of the coin include:
- “In God We Trust”
- The mint mark
- The year of minting
- “E Pluribus Unum”
These edge inscriptions give the coin a distinctive, modern touch while preserving its historical significance.
Who Was Franklin Pierce?
To truly appreciate the Franklin Pierce dollar coin, it helps to understand the man it honors. Franklin Pierce was born on November 23, 1804, in New Hampshire. He became the youngest president elected at the time and was known for his charm and eloquent speeches.
However, his presidency is often remembered for its controversies, especially related to his support of the Kansas-Nebraska Act, which fueled tensions leading up to the Civil War. Despite the challenges, Pierce’s legacy is part of America’s complex political evolution, making his dollar coin both historically and educationally valuable.
Release Date and Minting Details
The Franklin Pierce dollar coin was officially released on August 14, 2010. It was minted in three primary locations:
- Philadelphia (P)
- Denver (D)
- San Francisco (S) (for proof versions)
These coins were produced in large quantities for circulation and collectors. The standard circulation versions bear either a “P” or “D” mint mark, while proof coins feature an “S” and were struck using highly polished dies for extra detail.
Minting Numbers Table
| Mint Location | Mint Mark | Mintage Quantity |
|---|---|---|
| Philadelphia | P | 38,360,000 |
| Denver | D | 38,360,000 |
| San Francisco | S | 1,427,173 (proof) |
Materials and Coin Specifications
The Franklin Pierce dollar coin is not made of gold but has a golden appearance. This is due to the unique combination of metals used in its production.
Coin Specifications Table
| Feature | Description |
|---|---|
| Composition | 88.5% copper, 6% zinc, 3.5% manganese, 2% nickel |
| Weight | 8.1 grams |
| Diameter | 26.5 mm |
| Edge | Lettered |
| Color | Golden |
This mix gives the coin its characteristic golden hue while remaining cost-effective for minting.
Collectibility and Value
Although the Franklin Pierce dollar coin was released for circulation, many collectors seek these coins for their presidential significance. Most circulated coins are worth their face value—$1—but uncirculated or proof coins can fetch higher prices.
Coin Value Estimate (as of 2025)
| Condition | Estimated Value |
|---|---|
| Circulated | $1.00 |
| Uncirculated | $2.00 – $4.00 |
| Proof | $3.00 – $6.00 |
| High-Grade MS | $10 – $25+ |
The actual value depends on the coin’s condition, mint mark, and whether it comes with original packaging or certificates.
How to Identify a Genuine Franklin Pierce Dollar Coin
If you’re collecting coins or buying one from a third party, make sure it’s authentic. Key features of a real Franklin Pierce dollar coin include:
- A detailed portrait of Pierce with accurate inscriptions.
- A clearly visible Statue of Liberty on the reverse.
- Distinct edge lettering with the mint year and “E Pluribus Unum.”
- Mint mark (P, D, or S) depending on origin.
Fake or novelty coins may look similar but often lack these key details.
Why Is the Franklin Pierce Dollar Coin Important?
The Franklin Pierce dollar coin is more than just currency. It serves several important roles:
- Educational: Encourages interest in American history and the presidency.
- Commemorative: Honors a lesser-known president, reminding us of the country’s evolving political story.
- Collectible: Offers value to hobbyists and investors interested in U.S. coinage.
Because Franklin Pierce is not as well-known as other presidents, his coin holds a unique place in numismatic collections. It bridges the gap between history and modern coin collecting.
Where to Find or Buy the Franklin Pierce Dollar Coin
If you’re interested in owning a Franklin Pierce dollar coin, there are several options:
- Coin Shops: Local dealers often stock Presidential $1 coins.
- Online Marketplaces: Websites like eBay or coin collector forums.
- U.S. Mint Sets: Look for official 2010 Presidential Dollar Coin Proof Sets.
- Coin Shows: Great for finding high-grade or rare error coins.
Always verify the seller’s reputation and check that the coin matches expected descriptions.
Tips for Storing and Preserving Your Coin
Preserving the condition of your Franklin Pierce dollar coin ensures it maintains its value over time. Here are some tips:
- Store in a cool, dry place.
- Use acid-free coin holders or capsules.
- Avoid touching the coin’s surface with bare fingers.
- Keep it away from moisture and sunlight.
Proper storage can prevent tarnishing and scratches, especially for proof or uncirculated versions.
Fun Facts About the Franklin Pierce Dollar Coin
- Franklin Pierce was the only president from New Hampshire.
- He delivered his inaugural speech entirely from memory.
- His dollar coin was part of a broader educational initiative by the U.S. Mint.
- Unlike quarters or dimes, Presidential $1 coins are rarely seen in daily use, making them more collectible.
These facts add to the charm and intrigue of the Franklin Pierce dollar coin, making it a favorite among history buffs and coin lovers alike.
Frequently Asked Questions
What is the value of a Franklin Pierce dollar coin?
Most Franklin Pierce dollar coins in circulated condition are worth their face value of $1. However, uncirculated or proof versions can range from $2 to $6, and coins with errors like missing edge lettering can sell for $100 or more, depending on their condition and rarity.
What are the known errors in the Franklin Pierce dollar coin?
The most well-known error is the Missing Edge Lettering, where the coin’s edge lacks its usual inscriptions like the mint year and motto. Other minor errors include die chips and inverted lettering, which are of interest to collectors and can add to the coin’s value.
How can I tell if my Franklin Pierce dollar coin has value?
Check the coin’s condition, look for a mint mark (P, D, or S), and examine the edge lettering. Coins in mint condition, proof coins, or those with missing or misprinted edge lettering are typically worth more. For an accurate assessment, consider getting it professionally graded by services like PCGS or NGC.
Conclusion
The Franklin Pierce dollar coin may not carry a high monetary value, but it holds tremendous historical and educational worth. For collectors, it’s a piece of American heritage and a key part of the Presidential $1 Coin Program.
Whether you’re a beginner or a seasoned numismatist, this coin deserves a spot in your collection. Its beautiful design, historical background, and place in a national series make it a worthy investment in both knowledge and value.
