Discover The Legacy: Franklin Pierce Silver Dollar Unveiled

Exploring the historical and numismatic significance of the Franklin Pierce Silver Dollar reveals a treasure trove of American history encapsulated in a single coin. Launched by the U.S. Mint as part of the Presidential Silver Dollar series, the Franklin Pierce Dollar has quickly become a symbol of America's rich past and intricate coin crafting techniques. Whether you are a seasoned numismatist or a novice collector, delving into the specifics of this coin will provide you with not only an appreciation of its beauty but also an understanding of the period it represents. Let's dive into the legacy of Franklin Pierce through his commemorative silver dollar.

The History Behind Franklin Pierce

Before we examine the coin itself, let's take a moment to understand the man behind it:

• Franklin Pierce: Born on November 23, 1804, in Hillsborough, New Hampshire, Pierce was the 14th President of the United States, serving from 1853 to 1857.

• Political Career: He was a notable figure in the Democratic Party and had a distinguished career before his presidency, including serving in the U.S. House of Representatives and the U.S. Senate, and later as a Major General in the Mexican-American War.

• Presidency: His tenure was marked by political turmoil, particularly due to the growing tensions over slavery leading to the Civil War.

• Legacy: Despite controversies during his presidency, his impact on American politics and the Democratic Party cannot be overlooked, making his coin a significant collector's item.

The Design of Franklin Pierce Silver Dollar

The obverse or front side of the coin showcases a portrait of Franklin Pierce by the skilled engraver Charles Vickers, whose design captures the solemnity and leadership of the 14th President:

• Portrait: Pierce is depicted looking slightly to his left, wearing a suit and tie with the hint of a Victorian collar.

• Inscriptions: The coin includes the words "FRANKLIN PIERCE", "IN GOD WE TRUST", and "1853-1857".

The reverse side, designed by Don Everhart, brings attention to the magnificent Statue of Freedom:

• Statue: The Statue of Freedom, which adorns the top of the United States Capitol, stands as a symbol of freedom and hope.

• Inscriptions: "UNITED STATES OF AMERICA", "ONE DOLLAR", and "E PLURIBUS UNUM" encircle the statue.

Both sides of the coin are rich in symbolism and detail, making it a stunning piece of numismatic art.

Specifications of the Coin

Let's explore the detailed specifications that make the Franklin Pierce Silver Dollar unique:

• Weight: 26.73 grams
• Diameter: 38.1mm
• Thickness: 2.0mm
• Composition:
  • 90% Silver (.900)
  • 10% Copper (.100)
• Mintage:
  • Philadelphia Mint: 36,507,647
  • San Francisco Mint (Proof): 3,360,754

Here is a table summarizing the coin's key specifications:

<table> <tr> <td>Specification</td> <td>Details</td> </tr> <tr> <td>Weight</td> <td>26.73 grams</td> </tr> <tr> <td>Diameter</td> <td>38.1mm</td> </tr> <tr> <td>Thickness</td> <td>2.0mm</td> </tr> <tr> <td>Composition</td> <td>90% Silver, 10% Copper</td> </tr> <tr> <td>Mintage</td> <td>Philadelphia: 36,507,647 <br> San Francisco (Proof): 3,360,754</td> </tr> </table>

Collecting and Investing in Franklin Pierce Silver Dollars

Why Collect This Coin?

• Historical Significance: As part of the Presidential Silver Dollar series, this coin marks an important historical figure in American history.

• Artistic Appeal: The intricate design of the coin, both in its depiction of President Pierce and the Statue of Freedom, adds to its collectibility.

• Investment Potential: Silver, as a precious metal, adds intrinsic value, and limited mintage numbers can increase the coin's value over time.

Tips for Collectors

• Condition is Key: Pay attention to the coin's condition. Look for minimal wear and optimal luster for the best investment potential.

• Certified Coins: Consider purchasing coins that are certified by organizations like the Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC).

• Storage: Store your coins in a dry, controlled environment, preferably in a way that prevents contact with other coins (slabs or capsules).

• Proofs and Varieties: Explore proofs and error varieties which can be scarcer and more valuable to collectors.

<p class="pro-note">💡 Pro Tip: For those new to collecting, start with circulated coins and gradually move towards uncirculated or proof issues to understand the market better.</p>

Avoiding Common Mistakes

• Overpaying: Research market values to ensure you are not overpaying, especially for common mints.

• Failing to Verify: Always verify the coin's authenticity through established certification services.

• Poor Storage: Avoid storing coins in raw, unprotected states, as it can degrade their condition over time.

<p class="pro-note">💡 Pro Tip: Join numismatic forums or local coin clubs to gain insights and possibly find better deals on Franklin Pierce Silver Dollars.</p>

Investment Perspective

Silver Bullion vs. Numismatic Value:

• Silver Bullion: When investing for the metal content, the Franklin Pierce Silver Dollar can be bought close to its silver spot price.

• Numismatic Value: Coins in superior condition, especially proof coins, can command prices much higher than their metal content due to collector demand.

Future Value: Given the collectibility and the limited mintage of proofs, these coins might appreciate in value over the long term, making them a sound investment if kept in excellent condition.

The Wrap-Up

The Franklin Pierce Silver Dollar is not merely a coin; it's a historical artifact that encapsulates the legacy of a pivotal president in a time of great American strife. From the exquisite design to the inherent value of its silver content, this coin serves both as a collector's delight and a potential investment vehicle. It invites collectors to delve deeper into the nuanced history of our nation while offering an entry point for those new to numismatics. So, whether you're exploring America's past or looking to enrich your investment portfolio, the Franklin Pierce Silver Dollar is a piece worth considering.

Take a moment to discover more about the presidents, the intricacies of coin collecting, or perhaps delve into other coins from the Presidential Silver Dollar series.

<p class="pro-note">💡 Pro Tip: Consider purchasing a few key date coins from the Presidential Silver Dollar series to understand market trends and valuations better.</p>

<div class="faq-section"> <div class="faq-container"> <div class="faq-item"> <div class="faq-question"> <h3>What is the historical significance of Franklin Pierce?</h3> <span class="faq-toggle">+</span> </div> <div class="faq-answer"> <p>Franklin Pierce was the 14th President of the United States, known for his efforts in trying to preserve the Union during a time when slavery tensions were escalating.</p> </div> </div> <div class="faq-item"> <div class="faq-question"> <h3>How can I tell if my Franklin Pierce Silver Dollar is a proof coin?</h3> <span class="faq-toggle">+</span> </div> <div class="faq-answer"> <p>Proof coins are typically produced with specially treated dies and planchets, leading to a sharper, more mirrored finish than circulation coins. Look for the "S" mint mark, which indicates San Francisco mint proof coins.</p> </div> </div> <div class="faq-item"> <div class="faq-question"> <h3>Are Franklin Pierce Silver Dollars worth more than their silver content?</h3> <span class="faq-toggle">+</span> </div> <div class="faq-answer"> <p>In circulation quality, the coin's worth is mostly tied to its silver content. However, uncirculated and proof coins in excellent condition can be worth significantly more due to their collector demand.</p> </div> </div> </div> </div>