2011 (S) Proof Presidential Dollar - Andrew Johnson

Coin Details

Auction Record

$129 PR70 08-30-2012 Heritage Auctions

Description

The 2011 (S) Proof Presidential Dollar - Andrew Johnson is a proof dollar struck at the San Francisco Mint, part of the Presidential Dollars 2007 to Date series. The U.S. Mint produced 2.0 million examples, making this the lowest mintage among 16 mint variants, representing only 1% of total production. The obverse features rotating portraits of each U.S. president in order of service, released four per year and the reverse displays the Statue of Liberty. The seventeenth President (1865–1869), Andrew Johnson assumed office after Lincoln's assassination and became the first president to be impeached by the House of Representatives, though acquitted by the Senate by a single vote. He was the only sitting senator from a Confederate state to remain loyal to the Union. Andrew Johnson, Grant, Hayes, and Garfield were released — the final year Presidential Dollars were produced for general circulation. A government audit found over $1 billion in unwanted dollar coins stockpiled in Federal Reserve vaults. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the San Francisco Mint, established during the California Gold Rush and now primarily producing proof and collector coins. Estimated market value is approximately $10. Struck in 77% copper, 12% zinc, 1% other over a pure copper core, weighing 8.1 grams, 26.5 mm in diameter, with a lettered edge. Cataloged as PCGS #505211.