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Am I Missing Something With This J Madison Dollar? Why So High Price

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Author Previous TopicReplies: 12 / Views: 976Next Topic  
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Moniker's Avatar
Sweden
1812 Posts
 Posted 09/15/2025  07:56 am Show Profile   Bookmark this topic Add Moniker to your friends list Get a Link to this Message Number of Subscribers
This is at auction over the pond, its current bid is in the range of 80dollars with bp, its valued at 500Dollars with bp. Am I missing something I thought these are face value coins?auctionhouse so no "craigslist"


Am-I-Missing-Something-With-This-J-Madison-Dollar?-Why-So-High-Price
Am-I-Missing-Something-With-This-J-Madison-Dollar?-Why-So-High-Price
Edited by Moniker
09/15/2025 08:45 am
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Dearborn's Avatar
United States
94618 Posts
 Posted 09/15/2025  09:40 am  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
Not sure what's going on with this one.
the mintage:
P - 84,560,000
D - 87,780,000
S - 3,362,237 (proof)

Other presidential coins from 2007 have mintages in the 100 millions

But the next year issues are much lower than the Madison coin.
and are selling for 2 dollars or so.

On ebay, if I did a search for James Madison dollar with the dates of his presidency, I get responses with crazy prices, but if I do a search without the extra dates, I get normal pricing for one.
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Brandmeister's Avatar
United States
6448 Posts
 Posted 09/15/2025  09:51 am  Show Profile   Check Brandmeister's eBay Listings Bookmark this reply Add Brandmeister to your friends list Get a Link to this Reply
Looks like a harshly circulated Presidential dollar, value $1.

Maybe they thought it was gold, or misunderstood that the strike year is on the edge?
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BStrauss3's Avatar
United States
4587 Posts
 Posted 09/15/2025  09:56 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Have to point us at the auction so we can read the description, but $500 value is bunk.

There are a couple of errors involving doubled or missing edge lettering, but even those are valuable only in mint state.
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HondoB's Avatar
United States
24875 Posts
 Posted 09/15/2025  10:24 am  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply

Quote:
misunderstood that the strike year is on the edge

These regularly appear on ebay. Seller represents it as minted in the year on the obverse with a bid price similar to the one Moniker is showing.
Inordinately fascinated by bits of metal with strange markings and figures
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jbuck's Avatar
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187446 Posts
 Posted 09/15/2025  11:15 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
These regularly appear on ebay. Seller represents it as minted in the year on the obverse with a bid price similar to the one Moniker is showing.
Sad.
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Moniker's Avatar
Sweden
1812 Posts
 Posted 09/15/2025  1:09 pm  Show Profile   Bookmark this reply Add Moniker to your friends list Get a Link to this Reply
ah so no ultrarare doubled inverted nostrils :)
yes I expect to see this on ebay but not on auctionhouses. So I had to ask you guys


Quote:
Have to point us at the auction so we can read the description, but $500 value is bunk.


https://auctionet.com/sv/4486212-my...on-1809-1817
Edited by Moniker
09/15/2025 1:09 pm
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Marv65's Avatar
United States
10470 Posts
 Posted 09/15/2025  7:29 pm  Show Profile   Bookmark this reply Add Marv65 to your friends list Get a Link to this Reply
I have no idea why priced so high. The auction page doesn't really give any information as why either.
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Alpha2814's Avatar
United States
2023 Posts
 Posted 09/15/2025  7:44 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
This auction house (Auctionet) is not really an auction house directly -- they list auctions by other auction houses. "We are a marketplace where auction houses from all over Europe sell furniture, art, design items, collectibles and more." https://auctionet.com/en/about

This item is being sold through https://ra-auktionsverket.se -- they're hardly coin specialists and probably don't know what they're doing here.
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BadThad's Avatar
United States
19930 Posts
 Posted 09/15/2025  8:54 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
4486212. MYNT, 1 dollar USA, James Madison 1809-1817


Some poor chap thinks it's from 1817?
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Dearborn's Avatar
United States
94618 Posts
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Errers and Varietys's Avatar
United States
73575 Posts
 Posted 09/15/2025  9:50 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Very sad. Just a normal heavily circulated dollar coin.
Errers and Varietys.
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Marv65's Avatar
United States
10470 Posts
 Posted 09/15/2025  9:58 pm  Show Profile   Bookmark this reply Add Marv65 to your friends list Get a Link to this Reply

Quote:
Some poor chap thinks it's from 1817?

Oh Jeez, wouldn't that be funny? (not for the bidder of course )
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