2007-D Madison Presidential Dollar Coin : A Collector’s Guide

By Charles Morgan and Hubert Walker for CoinWeek Notes ….

The James Madison Presidential Dollar was the fourth Presidential Dollar coin issued in the series, and the fourth coin issued in the program’s first year. Circulation quality versions of the design were struck at the Philadelphia and Denver Mints. The 2007-D version can be identified by the presence of the D mintmark on the coin’s edge.

James Madison: A Foundational Figure

James Madison, often called the “Father of the Constitution,” was the fourth U.S. President. He was born in Virginia in 1751 and, despite often being in delicate health, was a gifted scholar who studied at Princeton.

Madison’s political career began during the Revolutionary War, where he helped draft Virginia’s constitution and the Virginia Declaration of Rights, which guaranteed religious freedom. He recognized the weaknesses of the Articles of Confederation and became a key advocate for a stronger central government.

His most significant contribution was at the Constitutional Convention of 1787, where he arrived with a detailed blueprint for a new government, known as the “Virginia Plan.” This plan, which proposed a three-branch government with a system of checks and balances, became the basis for the U.S. Constitution. He also kept detailed notes of the proceedings, which are the most comprehensive record of the convention.

To secure the Constitution’s ratification, Madison co-authored the Federalist Papers with Alexander Hamilton and John Jay. Later, as a congressman, he authored and introduced the Bill of Rights, the first ten amendments to the Constitution.

A Presidency Defined by Conflict

After serving as Secretary of State under Thomas Jefferson, Madison was elected president in 1808. His two terms (1809–1817) were dominated by foreign policy crises, culminating in the War of 1812. Frustrated by British impressment of American sailors and diplomatic failures, Madison reluctantly asked Congress to declare war. He even became the only sitting president to lead troops in battle. The war ultimately ended with a renewed sense of American nationalism.

Retirement and Legacy

After his presidency, Madison retired to his plantation, Montpelier, in Virginia. He spent his final years organizing his notes from the Constitutional Convention, ensuring future generations would understand the nation’s founding principles. He died in 1836 at the age of 85, the last of the key Founding Fathers to pass away.

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Business Strike Market Data and Noteworthy Specimens

The 2007-D Madison Presidential Dollar struck for circulation differs from the collector versions issued in the 2007 Uncirculated Coin Sets. Collectors could acquire the 2007-D business strikes from bank branches or directly from the Mint, which sold the coins in bag and roll quantities. These coins remain plentiful in Gem and Superb Gem grades. Coins in circulation have likely tarnished over time. Mint wrapped bank rolls ($25 face) sell for about $35 each. Raw uncirculated coins sell for about $2.

Top Population: PCGS MS67 (319, 9/2025), NGC MS67 (24, 8/2024), and CAC N/A (9/2025).

• PCGS MS66: eBay, September 18, 2025 – $6.95. Buy It Now. First Day of Issue.
• PCGS MS66: eBay, July 20, 2025 – $11.99. Buy It Now. First Day of Issue.
• PCGS MS66: eBay, July 18, 2025 – $9. 1 Bid. First Day of Issue.

Specimen Strike Market Data and Noteworthy Specimens

The United States Mint produced Uncirculated Coin Sets, including one example of each coin struck by the Mint’s Philadelphia and Denver facilities. Historically, coins from these sets are produced the same way coins are struck for circulation. Still, from 2005-2010, the U.S. Mint opted to “improve” the quality of these sets by using sandblasted dies, which gave the coins a satin finish.

This decision introduced a new type of coin that lacked enough distinctiveness or appeal to excite the coin-collecting community. While the specimen strikes are usually of excellent quality (often grading MS68 or higher), this is not typically true for the circulation strikes. In addition, the Mint produced a cheaper Satin Finish set that contained only the Presidential Dollar coins.

Note: PCGS has used both MS and SP designations for the Satin Finish coins.

Top Population: PCGS MS67 (145, 9/2025), NGC MS69 (6, 9/2025), and CAC N/A (9/2025).

• PCGS MS69: eBay, July 24, 2025 – $9.99. 1 Bid. This coin slipped through the cracks!
• PCGS MS68: eBay, September 20, 2025 – $15.95. Buy It Now.
• PCGS SP68: eBay, September 20, 2025 – $15. Buy It Now.
• PCGS MS68: eBay, July 5, 2025 – $11. Buy It Now.

Design

Obverse:

The center of the coin is filled with forward-facing portrait of James Madison. The inscription JAMES MADISON wraps around the top of the portrait. Along the bottom, the inscription reads: 4th PRESIDENT and 1809–1817. The initials of the artists are on Madison’s lapels: Joel Iskowitz’s JI on the left and Don Everhart’s DE on the right.

Common Reverse:

Don Everhart’s reverse design features an ant’s-eye view of the Statue of Liberty offset to the left. On the coin, Liberty occupies the bottom right quadrant of the coin, her extended elbow being the coin’s center point. The design is framed by a thin inner circle, which separates the graphic design from the legend UNITED STATES OF AMERICA. Beneath Liberty’s extended torch-bearing arm is the denomination $1. This is the common reverse design for all Presidential Dollar coins.

Edge:

The edge of the Presidential Dollar is lettered and features the motto E PLURIBUS UNUM, the mintmark, the year of issuance, and 13 five-pointed stars. This edge inscription may be oriented facing the obverse (Position A) or the reverse (Position B).

Coin Specifications

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