The 2016-P Richard M. Nixon Presidential Dollar coin is worth anywhere from $1 to $5 in circulated condition, while uncirculated examples in pristine mint state can fetch $10 to $25 or more depending on grade and eye appeal. If you stumbled across one of these coins in a change jar or old collection, you’re in the right place to find out exactly what it’s worth.
What Is the 2016-P Richard Nixon Presidential Dollar?
The Richard Nixon dollar is part of the United States Mint’s Presidential Dollar Program, which ran from 2007 to 2016. Each year, the Mint honored former U.S. presidents by featuring their portraits on the obverse of golden-colored dollar coins. Nixon, the 37th President of the United States, was featured in 2016 alongside Gerald Ford, Ronald Reagan, and Jimmy Carter — rounding out the final year of the series.
The “P” mintmark on your coin tells you it was struck at the Philadelphia Mint. In 2016, the U.S. Mint produced these coins primarily for collectors rather than general circulation, which means many examples are available in uncirculated condition. If you’re not sure how to identify your coin or read its mintmark, using the best coin identifier app can help you confirm exactly what you have before making any decisions about selling or holding it.
The obverse features a detailed portrait of Nixon along with his name and the inscription “37th President 1969–1974.” The reverse, designed by Don Everhart, displays the Statue of Liberty — a design shared by all coins in the Presidential Dollar series.
How Much Is the 2016-P Nixon Dollar Worth in Different Conditions?
Condition is everything when it comes to coin values. A coin that looks bright and sharp is worth considerably more than one with heavy wear or surface damage. Presidential Dollar coins, especially those from 2016, are relatively modern, so most surviving examples are in reasonably good shape. However, there’s still a meaningful difference between grades.
Here’s a quick breakdown of typical market values for the 2016-P Richard Nixon Dollar:
| Condition / Grade | Estimated Value |
|---|---|
| Circulated (Good to Fine) | $1.00 – $2.00 |
| Uncirculated (MS-60 to MS-63) | $3.00 – $7.00 |
| Gem Uncirculated (MS-65) | $8.00 – $15.00 |
| Superb Gem (MS-67 and above) | $20.00 – $50.00+ |
| Proof (PR-69 or PR-70) | $15.00 – $40.00 |
For a deeper look at current market pricing and recent auction data, you can check the live price data for 2016-P dollar coins in mint state to see what buyers are actually paying right now.
Error Coins and Special Varieties Worth Looking For
One of the most exciting things about Presidential Dollar coins is the possibility of finding an error. The 2016 series, like earlier years in the program, has documented examples of “Godless Dollars” — coins struck without the edge lettering that reads “IN GOD WE TRUST,” “E PLURIBUS UNUM,” and the date. These missing-edge-lettering errors can be worth $50 to $200 or more depending on condition and demand.
Other errors to watch for include double-struck coins, off-center strikes, and coins with die cracks or clash marks. These are rare, but they do exist. If your coin looks unusual in any way — misaligned design, strange doubling, or missing details — it could be worth significantly more than face value. CoinHix is a great tool to quickly look up whether your specific coin variety has been catalogued and what collectors are paying for it.
Where to Sell Your 2016-P Nixon Dollar
If you’ve decided your coin is worth selling, you have several good options. Online marketplaces like eBay allow you to reach collectors directly, and completed listings will give you a realistic sense of actual selling prices. Coin shows and local coin dealers are also solid choices, especially if you want cash in hand quickly.
For a more informed starting point before you approach any buyer, reviewing detailed value information for 2016 dollar coins across different grades can help you walk into any negotiation with confidence. Knowing your coin’s approximate worth ahead of time ensures you won’t leave money on the table.
If you have multiple coins to evaluate, CoinHix offers a convenient way to scan and track your collection’s value all in one place — a handy feature whether you’re a casual finder or a more serious collector.
Is the 2016-P Nixon Dollar Worth Collecting?
As a final-year coin in a beloved series, the 2016 Presidential Dollars carry a bit of extra sentimental and collector appeal. Nixon himself remains one of the most historically significant — and controversial — figures in American political history, which adds an interesting layer of interest for history buffs. High-grade examples in PCGS or NGC holders have shown steady demand in secondary markets.
Even if your coin is only worth face value in its current condition, it’s a meaningful piece of modern American history worth holding onto. And if you happen to have a gem-quality example or a rare error coin, you might be sitting on a surprisingly tidy little profit.
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FAQ
Q: How do I know if my 2016-P Nixon dollar has edge lettering?
A: Hold the coin on its edge and slowly rotate it under good lighting. You should see the words “IN GOD WE TRUST,” “E PLURIBUS UNUM,” the date, and the mintmark. If these inscriptions are missing entirely, you may have a valuable error coin.
Q: Are proof versions of the 2016-P Nixon dollar more valuable?
A: Yes, generally speaking. Proof coins are struck using specially polished dies and planchets, giving them a mirror-like finish. They’re made specifically for collectors and typically carry a premium over regular business-strike coins, especially in top grades like PR-69 or PR-70.
Q: Should I clean my 2016-P Nixon dollar before selling it?
A: No — never clean a coin before selling or having it appraised. Cleaning removes the original surface and can dramatically reduce a coin’s value in the eyes of professional graders and serious collectors. Leave the coin exactly as you found it.
