The value of a George Washington dollar coin, part of the Presidential $1 Coin Program launched in 2007, generally falls into a few categories depending on its condition, rarity, and whether it has any errors.
Here’s a general breakdown:
- Most circulated 2007 George Washington dollars are worth their face value of $1.
- Uncirculated condition (Mint State – MS60-MS65): These coins, which haven’t been in circulation, can fetch slightly more than face value, typically in the range of $2.00 – $8.00.
- Satin Finish (Mint Set only): These special strikes found in mint sets, graded SP67-SP69, can range from $10.00 – $30.00.
- Proof condition (San Francisco Mint – S Mint Mark): These coins, with their mirror-like finish and frosted details, generally range from $1.90 – $27.00 depending on the specific proof type and condition.
- Missing Edge Lettering (Business Strike): A significant minting error resulted in some coins being released without the inscriptions on the edge (13 stars, date, mint mark, and mottos). These coins can be significantly more valuable, especially in higher grades. Values can range from around $75.00 – $350.00 depending on the grade and condition. According to JM Bullion, a Washington dollar with missing edge lettering in MS66 condition could be worth $1,500.
- Double Edge Lettering Error: Some coins may have been accidentally passed through the lettering machine twice. The most valuable “overlapped” versions have sold for $288, and “inverted” versions (upside down lettering) have reached $489.
- Inverted Edge Lettering: Values for these coins, where the edge lettering is upside down, can range from $25.00 – $90.00.
- Mint Marks: The 2007 George Washington dollar was minted at Philadelphia (P), Denver (D), and San Francisco (S).
- Condition and Grading: As mentioned above, the coin’s condition plays a major role in its value.
- Demand: Collector interest in these coins can fluctuate, affecting market values.
In summary
While most standard George Washington Presidential dollars are worth about face value, those in uncirculated condition, proof sets, or with errors like missing or inverted edge lettering can be worth significantly more to collectors. It’s recommended to consult a reputable coin dealer or grading service for a precise valuation of any potentially rare or error coins.
What is the error on the 2007 George Washington dollar coin?
Aside from missing the edge lettering, other edge letter anomalies are being discovered, including partial and multiple edge lettering. For example, this 2007 P Washington Dollar is missing the words E PLURIBUS UNUM (Photo 3a).
Are the $1 president coins worth anything?
The most expensive Presidential Dollar coin is the 2009 SMS William Henry Harrison with missing edge lettering, graded 69/70, which can sell for up to $2,450. The least expensive among the top valuable coins is the 2007 SMS Jefferson dollar with missing edge lettering, graded 67, valued at $600.