The value of a George Washington dollar coin can vary, but most circulating coins are worth their face value, $1.00 . However, certain factors can significantly increase its value, particularly mint errors and uncirculated condition.
- Missing edge lettering: These are some of the most sought-after George Washington dollar errors. Some coins skipped the edge-lettering process during minting, resulting in a smooth edge instead of the inscription “E PLURIBUS UNUM • IN GOD WE TRUST • [YEAR] P (or D)”. A certified MS67 (mint state 67) error coin with missing edge lettering can be worth around $99.95.
- Double edge lettering: Some coins inadvertently passed through the edge lettering machine twice, creating a doubled inscription on the edge. These also command a higher value.
- Missing clad layer: These coins, which are struck on a planchet missing one or both of the outer layers of metal, will appear lighter and thinner than normal and may show a contrasting copper color on the affected side. An example showing this error can be worth as much as $1599.
- Die clash errors: These errors happen when the coin dies clash together in the striking process, leaving visible markings on the coin. Some of these can be quite dramatic and rare, such as a “major die clash error” that can be worth around $149.95.
- Rotated dies: If the dies used to strike the coin are misaligned, the obverse and reverse images will be rotated in relation to each other. This creates a collectible error that can increase the coin’s value.
- Uncirculated condition: Coins that have not been in circulation and are in pristine condition will generally be worth more than circulating coins, potentially fetching a few dollars.
- Professional Grading: Having a coin graded and certified by a professional service like PCGS or NGC can significantly increase its value, potentially reaching around $20 or more.
Most George Washington dollar coins from 2007, the year the first one was issued, are worth their face value ($1.00). However, [NGC] reports that even some uncirculated coins can be valued around $1.05 to $75, depending on the grade. Some retailers offer uncirculated versions for sale at a price of $6.25.
Note: If you believe you possess an error coin, it’s best to have it examined by a professional coin expert or submit it for grading to determine its specific value.
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?
I can help with that. 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.