Roll of (25) 2007 $1 James Madison coins
Background
A student of both history and law, James Madison attended the College of New Jersey (later known as Princeton University), returning to his native Virginia to help craft that state’s Constitution, as well as serving as a leader in the Virginia Assembly.
Following the American Revolution, Madison was instrumental in determining the course of the new Republic and in framing the government of the new Nation. With Alexander Hamilton and John Jay, Madison wrote The Federalist Papers, a series of 85 essays that advocated the adoption of the United States Constitution. In Congress, James Madison helped secure passage for the Bill of Rights.
France and Great Britain were at war when James Madison was elected to the presidency. Though he favored a more neutral position, the continued harassment of American sailors, combined with the seizure of American cargo, forced President Madison to ask Congress for a declaration of war with Great Britain on June 1, 1812.
Coinage Legislation under President James Madison
Act of December 2, 1812 — This Act directs the location of the United States Mint to remain in Philadelphia for another term of five years, beginning March 4, 1813.
Act of April 29, 1816 — This Act authorizes certain gold and silver coinage from foreign countries as current and legal tender for the payment of all debts within the United States. Specific rates of exchange are enumerated for the coins of England, Spain, Portugal and France. The Act also calls for an annual assay of such coins made current by the Act, and for a report to the Congress detailing the results.
United States Mint Directors appointed by President Madison
President James Madison did not appoint a Director of the United States Mint.
Characteristics
Obverse Inscriptions
- JAMES MADISON
- 4TH PRESIDENT 1809-1817
Reverse Inscriptions
- UNITED STATES OF AMERICA
- $1
Incused (edge) Inscriptions
- 2007
- E PLURIBUS UNUM
- IN GOD WE TRUST
- mint mark ("P," "D," or "S")
Mint and Mint Mark
Artist Information
Obverse- Sculptor: Don Everhart, Sculptor-Engraver
- Designer: Joel Iskowitz
- Don Everhart, Sculptor-Engraver
There are no bids for the lot at this time
Huge Online Only Auction of Coins & Currency including Gold, Platinum, & Silver mint proof & uncirculated sets, Gold & Silver proof & uncirculated coins, (30) 5 oz. silver coins, mint & proof sets, collectible currency, uncirculated rolls of $1 coins and commemorative quarters, and more! Auction begins to close at 5 PM on Sunday, November 24, 2024. Items close 3 items per minute, with a "soft close" (meaning if there is a bid in the last 5 minutes of scheduled bidding, the software extends the bidding for 5 minutes to allow more bidding to occur, until there is 5 minutes with no bidding activity). Please note the earlier than usual closing time and the additional item per minute due to the number of lots in this auction (over 680 lots).
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All coins held off-site until day of pickup. Armed security will be on site for pickup day.
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All items are purchased AS-IS, WHERE-IS. Please contact Mark at mark@mvhauctioneer.com for any questions prior to bidding.
Auction begins to close at 5 PM on Sunday, November 24, 2024. Items close 3 items per minute, with a "soft close" (meaning if there is a bid in the last 5 minutes of scheduled bidding, the software extends the bidding for 5 minutes to allow more bidding to occur, until there is 5 minutes with no bidding activity). Please note the earlier than usual closing time and the additional item per minute due to the number of lots in this auction (over 680 lots).
Pick-up of items will be BY APPOINTMENT on Monday, November 25 between 9 AM and 7:30 PM at our facility in northeast Columbus near the intersection of Cleveland Ave. and Innis Rd, Columbus Ohio 43224. If you are the high bidder, you will receive an email notice that your invoice is ready after all items in the auction have closed; your invoice will include a link to sign up for your pickup appointment. All items must be paid for and removed at that time, no exceptions. There is no shipping or delivery available for this auction.
All coins held off-site until day of pickup. Armed security will be on site for pickup day.
If you are the high bidder, you will receive an emailed invoice after all items in the auction have closed; your invoice will include a link to sign up for your pickup appointment. Appointments are made only through this system, they cannot be reserved in advance
Buyer's Premium of 13% will be added to the final bid price. There is a 3% discount for cash payments. NO CHECKS WILL BE ACCEPTED. You may pay by cash, Visa, Mastercard, Discover, American Express or PayPal.
All items are purchased AS-IS, WHERE-IS. Please contact Mark at mark@mvhauctioneer.com for any questions prior to bidding.
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Columbus, Ohio 43224
United States
Pick-up of items will be BY APPOINTMENT on Monday, November 25 between 9 AM and 7:30 PM at our facility in northeast Columbus near the intersection of Cleveland Ave. and Innis Rd, Columbus Ohio 43224. If you are the high bidder, you will receive an email notice that your invoice is ready after all items in the auction have closed; your invoice will include a link to sign up for your pickup appointment. All items must be paid for and removed at that time, no exceptions. There is no shipping or delivery available for this auction.
All coins held off-site until day of pickup. Armed security will be on site for pickup day.
If you are the high bidder, you will receive an emailed invoice after all items in the auction have closed; your invoice will include a link to sign up for your pickup appointment. Appointments are made only through this system, they cannot be reserved in advance