One might speculate that the Mint has “created” this error as a method of getting Americans to use dollar coins without having to discontinue the paper dollar. Existing quantities of the plain edge examples are estimated to be from 50,000 to 300,000+ pieces. If you buy them at prices higher than this, you are daring speculator. If you find one, the current wholesale price is $75-$100. Price speculation is rampant, and urban legends abound (the government is paying $500 to get them returned).Ī couple of comments about the plain edge Washington Dollar: Sadly, they are not spending them as much as ripping the rolls apart looking for “treasure”. These have created a huge buzz throughout America, causing the usual apathetic public to be quite enthusiastic about the new coin. Errors and other varietiesĪlmost immediately after the first release of the George Washington Presidential dollars, it was discovered that some coins were released without having gone through the edge die and therefore had no lettered edge.

This is not an error, but it is a variety with no additional value. Statistically, approximately half the coins will show the edge in opposition to one side or the other. The edge lettering appears in opposition to the obverse or the reverse, depending on how the coins enter the press containing the edge die. The date, mint mark, the legend “E Pluribus Unum” and the motto “In God We Trust” appears on the edge. Mint has produced a lettered edge circulating coin. Classic Commemoratives & Government Setsįor the first time since 1836, the U.S. Silver Coins: When They Ended and What They’re Worth Should I get my coin collection appraised?.

Presidential dollar coins 2013