Most Ronald Reagan 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.

Ronald Reagan Dollar Coin

Ronald Reagan was the 40th president of the United States of America. The date range 1981-1989 inscribed on the coin signifies his time in office.

Specifications

Type: Presidential Dollar
Year: 2016
Face Value: $1.00
Composition: 77% copper, 12% zinc, 7% manganese, 4% nickel
Total Weight: 8.1 grams

The US minted the 2016 P Ronald Reagan dollar coin, 2016 D Ronald Reagan dollar coin, 2016 S proof Ronald Reagan dollar coin and lastly the 2016 S reverse proof Ronald Reagan 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.

The reverse proof Ronald Reagan dollar coin is a special edition coin that has a brilliant mirror-like appearance. You could only buy this coin as part of the 2016 Ronald Reagan Coin and Chronicles Set. This set also included a 2016 W silver eagle proof coin and a bronze medal.

Series Location Quantity Minted
2016 P Philadelphia 7,140,000
2016 D Denver 5,880,000
2016 S Proof San Francisco 1,196,582
2016 S Reverse Proof San Francisco 47,447

Value

The 2016 Ronald Reagan 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 Ronald Reagan dollar coin and 2016 D Ronald Reagan dollar coin are each worth around $3 in uncirculated condition with an MS 65 grade.

The 2016 S proof Ronald Reagan dollar coin is worth around $6 in PR 65 condition.

The 2016 S reverse proof Ronald Reagan dollar coin is worth around $80 in PR 65 condition.

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
Gerald Ford Dollar Coin