# 639 - Presidential Dollars - Part 4

We will continue showing a series called "Presidential Dollars".

The Presidential $1 Coin Program honors the former Presidents of the United States of America on a series of golden colored dollar coins.

From 2007 to 2011, the coins were struck and released for general circulation. From 2012 onwards, the Presidential Dollars have been struck only in the numbers necessary to meet demand from collectors.

The Presidential Dollars were issued at a rate of four different designs per year with three coins released in the final year. The order of issuance followed the order of the Presidencies. The coins were only issued for Presidents who had been deceased for at least two years.

Proof coins were also minted and this is the scope of this series. All are PF-70 UC graded by NGC.

The fourth President was James Madison.

NGC graded 45,280 2017 James Madison Proofs, with 10,203 as PF-70 UC.

I bought this coin in 2013 for $15.00 and today's price is around $35.00.

With Alexander Hamilton and John Jay, he wrote The Federalist Papers, which advocated the adoption of the Constitution. He also helped secure passage of The Bill of Rights. He served two terms as the 4th President of the United States from 1809 to 1817.

The obverse of the coin features a portrait of the President.

The reverse features a rendition of the Statue of Liberty that will be used for all Presidential Dollars.

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