The Gerald R. Ford dollar coins aren't rare or valuable. However these coins in uncirculated condition can sell for a premium. Keep reading to learn more about these coins.

Gerald R. Ford Dollar Coin

Gerald R. Ford was the 38th president of the United States of America. The date range 1974-1977 inscribed on the coin signifies his time in office.

Specifications

Type: Presidential Dollar
Year: 2016
Face Value: $1.00
Composition: 88.5% copper, 6% zinc, 3.5% manganese, 2% nickel
Total Weight: 8.1 grams

The US minted the 2016 P Gerald R. Ford dollar coin, 2016 D Gerald R. Ford dollar coin, and 2016 S proof Gerald R. Ford dollar coin. The mint mark can be found on the edge of the coin.

Proof coins are essentially coins that have more detail. They are minted on special planchets and it takes longer to produce them. They are specifically made for collectors so you won't find any in your spare change.

Series Location Quantity Minted
2016 P Philadelphia 5,460,000
2016 D Denver 5,040,000
2016 S Proof San Francisco 1,196,582

Value

The 2016 Gerald R. Ford dollar coins in circulated condition are only worth their face value of $1.00. These coins only sell for a premium in uncirculated condition.

Both the 2016 P Gerald R. Ford dollar coin and 2016 D Gerald R. Ford dollar coin are each worth around $3 in uncirculated condition with an MS 65 grade.

The 2016 S proof Gerald R. Ford dollar coin is worth around $8 in PR 65 condition.

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Grading System

MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.

PR 65 proof- There are no flaws to this coin. A few blemishes may be present.

 

Sources:

The Red Book


See also:

Richard Nixon Dollar Coin
Ronald Reagan Dollar Coin