Coin Specifications

Category: Modern Commemoratives (1982-Date)
Mint: Philadelphia
Mintage: 144,748
Catalog: KM-313
Obverse Designer: John Mercanti
Reverse Designer: T. James Ferrell
Composition: Silver
Fineness: 0.9000
Weight: 26.73g
ASW: 0.7734oz
Melt Value: $15.23 (7/24/2016)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

2000 P LEIF ERICSON S$1 PF obverse 2000 P LEIF ERICSON S$1 PF reverse


  
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VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

Leif Ericsson is credited with the first European settlement of the New World in the year 1000. Eldest son of Eric the Red, Leif led his crew from Norway in pursuit of a beautiful new land described by trader Bjarni Herjulfsson, who had come across it by accident when blown off course. Ericsson and his men came ashore at Labrador and then Newfoundland. They ultimately started a settlement which they name Vinland, but the exact location of this community has been lost. Discouraged by continual hostility from the native people, Leif Ericsson and his fellow Vikings decamped to the more hospitable Greenland, leaving the New World untouched for another 400+ years.

The silver dollar honoring the millennium of Ericsson’s settlement was authorized by Congress on December 6, 1999. This law provided for the coining of up to 500,000 pieces, and these were offered for sale from June 21, 2000 through February 28, 2001. The silver dollar was sold either singly or in a set that included a silver 1000-kronur coin of Iceland honoring the same anniversary. The Icelandic coin’s mintage was limited to 150,000 pieces.

U. S. Mint Sculptor-Engraver John Mercanti furnished the obverse design of this silver dollar, which features a right-facing bust of Leif Ericsson done in the traditional style of Icelandic coins. Some of the lettering, too, was in Icelandic style. Despite this nod to tradition, the explorer’s name, which appears above his bust, oddly enough has been Americanized by dropping the second ‘S’ in Ericsson. A decorative pattern encircles nearly the entire obverse, broken only for placement of the coin’s date at the bottom. The artist’s initials appear to the left of the bust, while the coin’s mintmark is to the right. Statutory mottoes complete this side, and these are written in a modern, sans-serif font.

The reverse of this coin is by T. James Ferrell, and it shows a three-quarter view of Ericsson’s ship coming toward the New World with Ericsson standing at its prow. The inscription “FOUNDER OF THE NEW WORLD” is above in Icelandic style, and this is used also for “UNITED STATES OF AMERICA,” which is arranged in three lines across the bottom. In plain font are the remaining statutory legends, while the initials of artist Ferrell are placed on the hull of the ship near its stern.

The Philadelphia Mint struck both the proof and uncirculated editions of this coin, as well as the Icelandic 1000-kronur coin. The latter was designed by acclaimed Icelandic artist Throstur Magnusson. Proceeds from the sale of both the American and Icelandic coins went to the Leifur Eiriksson Foundation, which is a joint venture between the University of Virginia and the Central Bank of Iceland. It funds graduate-level student exchanges between the two nations.

Despite worldwide excitement over the year 2000, the theme of this coin was not sufficiently compelling to prompt more than the usual sales for USA commemoratives of the time. Proofs outsold the uncirculated pieces by five to one, but both editions recorded totals low enough to bring premium prices a few years later, when modern commemoratives grew in overall popularity.

GRADE SUMMARY

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Price Guide

Last Updated: 9/26/2014

Click on a price to see historical prices, comparison charts and trends.

2000 P LEIF ERICSON S$1 PF Ultra Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 18.70 19.80 20.90 26.40 29.90 33.75 35.00 37.50 43.75 57.50 760

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 2184
Low Grade: 64
Average Grade: 68
High Grade: 70


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/13/2008 PCGS PF 70   Ultra Cameo Teletrade Auction 2489, 2489/Lot# 1543 $2,072.00
3/11/2012 PCGS PF 69   Ultra Cameo Heritage Auctions Internet Coin Auction Session(1), 131212/Lot# 20785 $50.00
4/15/2012 PCGS PF 68   Ultra Cameo Heritage Auctions Internet Coin Auction Session(2), 131217/Lot# 21991 $36.00
4/19/2012 PCGS PF 69   Ultra Cameo Heritage Auctions Thursday Modern Coin Auctions Session(1), 241217/Lot# 17552 $50.00
6/17/2012 PCGS PF 69   Ultra Cameo Heritage Auctions Internet Coin Auction Session(1), 131226/Lot# 28505 $47.00
11/18/2012 NGC PF 69   Ultra Cameo GreatCollections GreatCollections Coin Auctions 11/18/2012, 49/Lot# 59907 $50.00
4/21/2014 PCGS PF 69   Ultra Cameo Stack's Bowers iAuction 3478, 6027/Lot# 20362 $91.65
12/14/2014 PCGS PF 69   Ultra Cameo David Lawrence Rare Coins Internet Auction # 834, 843/Lot# 870 $90.00


NGC Registry

NGC Registry Score 2000 P LEIF ERICSON S$1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base37373737373737373754851111151151271311471471511672371541
37373737373737374364941121151191281361471481561906720
000000373743649411211511912813614714815619000
0000003737487510211411512313014214715016221400
2000 P LEIF ERICSON S$1 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base37373737373737373759941231271311391431631671671832621636
373737373737373744711041241281341401501641671722097200
0000003737447110412412813414015016416717220900
0000003737528211312613013614215616616717823600
2000 P LEIF ERICSON S$1 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base373737373737373737671061351391431551591791831862012851735
373737373737373747801161361401471561661801841912297680
0000003737478011613614014715616618018419122900
0000003737579312513814215115817218218519625700
Registry Image Gallery
Grade: PF 70 ULTRA CAMEO
Points: 1735
Owner: Barrelman
 
Grade: PF 70 UC
Points: 1735
Owner: Bruce Laquster
 
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