In this undated photo released by Professional Coin Grading Service, a George Washington dollar coin missing the edge inscription is shown.
Posted on 03/07/2007 9:47:53 PM PST by ajolympian2004
AP
Dollar Coins Missing 'In God We Trust'
Wednesday March 7, 12:51 pm ET
By Joann Loviglio, Associated Press Writer
U.S. Mint Says Unknown Number of New One Dollar Coins Missing 'In God We Trust' Inscription
PHILADELPHIA (AP) -- An unknown number of new George Washington dollar coins were mistakenly struck without their edge inscriptions, including "In God We Trust," and made it past inspectors and into circulation, the U.S. Mint said Wednesday.
In this undated photo released by Professional Coin Grading Service, a George Washington dollar coin missing the edge inscription is shown.
The properly struck dollar coins, bearing the likeness of George Washington, are inscribed along the edge with "In God We Trust," "E Pluribus Unum" and the year and mint mark. They went into circulation Feb. 15.
The mint struck 300 million of the coins, which are golden in color and slightly larger and thicker than a quarter.
About half were made in Philadelphia and the rest in Denver. So far the mint has only received reports of error coins coming from Philadelphia, mint spokeswoman Becky Bailey said.
Bailey said it was unknown how many coins didn't have the inscriptions. Ron Guth, president of Professional Coin Grading Service, one of the world's largest coin authentication companies, said he believes that at least 50,000 error coins were put in circulation.
"The first one sold for $600 before everyone knew how common they actually were," he said. "They're going for around $40 to $60 on eBay now, and they'll probably settle in the $50 range."
(Excerpt) Read more at biz.yahoo.com ...
Well, the '55 Double Die Obverse is unique and valuable because of its rarity. Error Coins from the past, while they certainly exist, are still extremely rare. Lately, however, in only the last 5-10 years, there seems to be a proliferation of unusual coins leaving the mint, despite the enhanced production equipment and safeguards. Look at the price of these Error Dollar coins - so many exist that the price has dropped dramatically...
Are they the size of a quarter? If so, they will be out of circulation in a year.
I would have to agree you are probably right.
It's also used on a "high-speed" commuter transit line in South Jersey. The ticket machine takes only coins, so when you put $5 in the change machine, you get dollar bill coins. I usually go to the bank and get the coins first, causing the tellers to scramble amongst themselves to find enough.
Better to not go down THAT road! :)
Hmmmm....(see tag)
That was all done deliberately. You can't make these with dies and get them through the intense scrutiny of the quality control of the mint without noticing this.
This was an appeasement to the atheists. They're probably having a ball.
Someone should be fired publically.
My grandchildren thought they were Chuck E. Cheese coins.
is it true that the nyslimes reported that 50,000 legitimate coins were minted and all the others with "in GOD we trust" are bogus?
The Sacajawea coin was pretty close to the size of the Susan B. Anthony.
Which, itself, was pretty close to the size of a quarter.
I see a pattern here....
A sneeeky trick to get folks to use them,,,pffffttttt !;0)
ping
Supposedly the "In God We Trust" is on the outside edge. Do you have additional pictures. Someone sent me one in an email, but I can't copy it and post it.
For retailers, the dollar coin and 2 dollar bills are a PIA. No place in a regular cash register to put them.
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