I’ve written a lot about the new Presidential Dollar Coin series, and the recent mint errors found with the coins. Some of my previous posts can be found on my Coins page, but the best ones are:
- US Mint Unveils the 2007 Presidential Dollar Coins
- New Insights from the Launch of the Presidential $1 Dollar Coin
- George Washington Dollar Coin: First Significant Mint Error Found (Missing Edge Lettering)
- Update: The Press Frenzy about the “Godless” George Washington Dollar Coins
Well, a second significant error has been found, and it is much more substantial than the first. A Colorado couple has found a dollar coin that is missing it’s face. That’s right, move over “Godless” dollar, here comes the “Faceless” dollar.
This coin is a true rarity, and will likely be worth thousands of dollars. Unlike the thousands of coins missing edge lettering, this type of error involves missing a large number of mint quality checkpoints, and may be unique. From the Conservative Voice:
U.S. Mint spokesman Michael White said officials had not confirmed the Smiths’ find. But Ron Guth, a coin authenticator with Professional Coin Grading Service of Newport Beach, Calif., said he is certain the coin is authentic.
“It’s really pretty rare,” Guth said. “It somehow slipped through several steps and inspections.”
It could be worth thousands of dollars, maybe more, he said. The value will depend on how many similar misprints are found, but the Smiths’ will always be worth more because it will be the first one to be independently authenitcated, Guth said.
When you manufacture 300,000,000 of anything, you expect a few errors. Still, this one is very impressive, and will no doubt lead to further excitement about this new dollar coin in collecting circles.
As a public service announcement, let me just close again with the known errors that exist.
- Missing Edge Lettering. These are the “Godless” dollars, called that because they are missing all the lettering on the edge of the coin, including the mint mark, the year, E Pluribus Unum, and In God We Trust. This error seems to have been sourced to a mint bag of 140,000 coins that may have missed edge printing in Philadelphia.
- Missing Reverse Face. These are the “Faceless” dollars, only one verified to date. These coins are missing the Statue of Liberty on the back of the dollar coin.
There is no such thing as an Upside Down Lettering Error. The mint process for these coins is random, the lettering will be rotated on various coins, and is not guaranteed to be facing up or down.
Don’t be fooled into paying good money for a fake error.
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 available here 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.