2016-P Ronald Reagan Presidential Dollar
Circulation strike struck at the Philadelphia Mint · 7,140,000 made
- Mintage
- 7,140,000
- Metal
- Manganese brass
- Weight
- 8.1 g
- Diameter
- 26.49 mm
Original illustration. Tap to flip. Not a photograph of the actual coin.
Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.
What is a 2016-P Ronald Reagan Presidential Dollar worth?
In circulated condition it's worth face value. Only uncirculated coins with full original luster, or a recognized variety, carry a premium.
What would make yours worth more:
- Uncirculated condition with full original luster
- A die variety or minting error
For market prices, check recent sold results for certified coins in the same grade.
Quick answers
- Is the 2016-P Ronald Reagan Presidential Dollar rare?
- No. 7.1 million were made, a typical run for the series. Condition and varieties decide its value, not the date.
- Is the 2016-P Ronald Reagan Presidential Dollar silver?
- No. It's manganese brass (88.5% copper, 6% zinc, 3.5% manganese, 2% nickel). Circulating silver dollars ended with the 1935 Peace dollar. Some Eisenhower dollars with an S mint mark were made in 40% silver for collectors, but circulation Ike dollars are copper-nickel clad.
- Where is the mint mark on a 2016 Presidential Dollar?
- On the edge, incused along with the date and mottos. On this coin the mark is P, for Philadelphia.
- How many 2016-P Ronald Reagan Presidential Dollar coins were made?
- 7,140,000.
What to check on your 2016-P
- Make sure the mint mark really is a P. A worn or filled mark can be misread. It's what separates your coin from the 2016-D (5.9 million made).
- Judge the grade under good light. Check the high points of each portrait and the edge lettering, which should be complete and evenly spaced.
With 7 million made, the 2016-P still turns up in everyday change. Keep yours only if it looks uncirculated or shows a variety; otherwise it's worth face value.
The story of the 2016-P Ronald Reagan
Philadelphia made 7,140,000 of the Ronald Reagan presidential dollar. That was the biggest Philadelphia run of the 3 designs issued in 2016; Richard Nixon had the smallest at 5.5 million.
Denver struck a similar number of the same design (5.9 million), so neither mint's version is much harder to find.
Across the whole program it sits 18th of 40 Philadelphia designs by mintage, where the scarcest is George H. W. Bush at 1.2 million.
Made only for collectors (2012 to 2016)
From 2012 the program continued for collectors only. The Mint struck the remaining presidents in small numbers and sold them in rolls, bags and sets, so these dates are seldom found in change and their mintages are a fraction of the early years.
The original program ended in 2016 with Ronald Reagan. Uncirculated coins from original rolls are the usual way to fill these years in a set and edge lettering errors from this period are much rarer than the early ones.
How to recognize it
The Ronald Reagan design
Ronald Reagan, a former film actor and governor of California, served as the 40th president from 1981 to 1989. He survived an assassination attempt in March 1981. That year he appointed Sandra Day O'Connor as the first woman on the Supreme Court. He signed the Tax Reform Act of 1986. In 1987 he and Soviet leader Mikhail Gorbachev signed the INF Treaty eliminating a class of nuclear missiles.
The Presidential Dollar design
The obverse shows a president with his name and the order and years of his time in office. The reverse shows the Statue of Liberty with UNITED STATES OF AMERICA and $1. The date, mint mark and E PLURIBUS UNUM are lettered on the edge, along with IN GOD WE TRUST on coins struck before 2009, so check the edge for the mint mark.
Mintage chart
Specifications
| Series | Presidential Dollar (2007–2020) |
|---|---|
| Year | 2016 |
| Mint | Philadelphia Mint |
| Mint mark | "P" |
| Strike type | Circulation strike |
| Mintage | 7,140,000 |
| Face value | $1 |
| Composition | Manganese brass (88.5% copper, 6% zinc, 3.5% manganese, 2% nickel) |
| Weight | 8.1 grams |
| Diameter | 26.49 mm |
| Edge | Lettered with the date, mint mark and mottos |
| Designer | Obverses by various artists; Statue of Liberty reverse by Don Everhart |
Other 2016 Presidential Dollar issues
| Coin | Mintage | Type | Silver |
|---|---|---|---|
| 2016-P Richard Nixon Presidential Dollar | 5,460,000 | Circulation strike | – |
| 2016-P Gerald Ford Presidential Dollar | 5,460,000 | Circulation strike | – |
| 2016-P Ronald Reagan Presidential Dollar | 7,140,000 | Circulation strike | – |
| 2016-D Richard Nixon Presidential Dollar | 4,340,000 | Circulation strike | – |
| 2016-D Gerald Ford Presidential Dollar | 5,040,000 | Circulation strike | – |
| 2016-D Ronald Reagan Presidential Dollar | 5,880,000 | Circulation strike | – |
Mintage: Presidential dollar coins (Wikipedia, CC BY-SA 4.0), compiled from US Mint records and the Guide Book of United States Coins. How we build these pages.