George Washington Dollar Coins: First Significant Mint Error Found (Missing Edge Lettering)

There is a nice post on the Coin Collectors Blog today about the new Presidential $1 Dollar Coin program. It seems that there have been verified reports of some of the dollar coins actually missing their edge lettering. The Tallahassee Democrat verifies at least five of these coins, and apparently one has already sold on eBay for $46.

It’s unclear at this point how many coins will have this problem, but this sounds like a true collectible error. Some people have been trying to pass off “upside down” lettering as an error, but it isn’t as the Mint is not orienting the coins one way or the other when adding the edge lettering.

When there is a new process like the “incused edge”, it’s inevitable that there will be errors. Keep your eye out for new dollar coins missing the lettering. They will inevitably be worth more than $1.

Ironically, for those people out there looking to get “In God We Trust” off US coins, these mint errors might be especially valuable. 🙂

Update (3/7/2007): Given the amazing amount of press coverage today, I’ve posted an update on the mint errors, with some insights into how its driving activity on eBay.

Update (3/17/2007): If you are looking to buy original, unsearched bank rolls of the new George Washington dollar coins, I have procured a box of 40 rolls, in a box certified as wrapped on December 7, 2006. They are availablehere on eBay Express.  Sold out!  Will get more soon!
Update (5/24/2007): For a limited time only, I am now carrying unopened, original John Adams Presidential Dollar coin rolls in my eBay Store. Click here to buy them on eBay Express. I also have a few more original bank rolls of the George Washington dollar coins.  Click here to buy them on eBay Express.

If you are interested in the other rolls I am carrying, click here for all the coins I am currently selling on eBay Express.

13 thoughts on “George Washington Dollar Coins: First Significant Mint Error Found (Missing Edge Lettering)

  1. And, actually, this brings up an interesting rebuttal to your “tax on dollar bills” argument. At even modest rates, how much do the monotheistic churches of the country owe the federal government for the past 43 years worth of currency-based advertising they’ve been doing for them? I’m sure that would more than cover the price difference between bills and coins.

  2. Pingback: Psychohistory Update: The Press Frenzy about the “Godless” George Washington Dollar Coins «

  3. Pingback: Psychohistory Blogging Update: Big Day for Psychohistory, and Updated Stats «

  4. Those who keep hoping that “In God We Trust” will be removed from our money would do well to remember that this country was founded based on a strong faith in God by our Founding Fathers and the population of this country.

  5. Hi Jim,

    It is also worth noting that this phrase did not appear on US coins consistently until 1956. There are individual coins, going back to the Civil War with the phrase, but none before that. Apparently, the founding fathers did not find it necessary to affirm there faith on money until that time, despite the long tradition of faith in the United States. The preferred phrase until then was “E Pluribus Unum”, or “Out of Many, One” in Latin.

    There is more information here on Wikipedia.

    Thanks for reading.
    Adam

  6. Actually Mr. Nash the Knights of Columbus a Catholic organization requested that said phrase be put on US Currency. the phrase was never put on originally but as the request of the KofC the phrase was put in the Pledge of Allegiance as well as on the currency.

  7. I have no doubt that religious organizations requested the phrase be added to the currency. I’m just pointing out the fact that our founding fathers did not, in fact, put the phrase on our currency. As wikipedia explains, it appeared in the national anthem, and then periodically appeared on certain coins temporarily throughout the 19th & 20th centuries, until 1956 when it became required on all coins.

    Take care,
    Adam

  8. Would removing theistic phrases from money or the pledge damage the credibility of religion? What are you afraid of? Do you really need the Fed to enforce religion for you? The federal government SHOULD promote what unites us, not what divides us. 100% of Americans could honor the Pledge of Allegience until Eisenhower added “under god”. Now, a lot of us cannot.

  9. Unfortunately, even if “under God” were removed from the pledge, 100% of Americans would still not be able to honor it. That may have been the case before the 50’s (though I doubt that’s true, either), but it most certainly is NOT the case now. There are many Americans who are not “allegiant” to either flag OR country, and do not want “liverty and justice for all.”

    phil

  10. Pingback: Psychohistory US Mint Warnings: Fraud Surrounding Fake George Washington Dollar Coin Errors «

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