The value of a George Washington dollar coin largely depends on its condition and whether it has any errors.
- Face Value: Most George Washington Presidential dollars, minted in 2007, are worth their face value, which is $1.00.
- Uncirculated Condition: In uncirculated condition, meaning they’ve never been used in transactions, they might fetch a slight premium of around $2 to $4.
- High Grade (MS65): A coin graded as MS65 could be worth around $10.
- Missing Edge Lettering: Some George Washington dollar coins were minted in 2007 with missing edge lettering (the inscription “E PLURIBUS UNUM • IN GOD WE TRUST • 2007 P (or D for mint)” on the edge). These error coins are more valuable and can be worth $20 to over $100 depending on the specific error and its condition. For instance, a 2007 George Washington dollar with missing edge lettering graded MS67 is priced at $99.95 by The Patriotic Mint.
- Other Errors: Other errors, like doubled-die errors or being struck on the wrong planchet, can also significantly increase a coin’s value. For example, a 2007-P George Washington $1 coin with a major die clash error is listed on eBay for $149.95. Another example is a 2007 Washington dollar struck on a 6gm planchet, which is listed on eBay for $799.99.
Note: It’s important to note that the George Washington dollar coins are not made of gold, but rather are copper clad in brass, giving them a golden appearance. The dates 1789-1797 on the coin represent the years George Washington served as president, not the year the coin was minted. The coins were actually minted in 2007.
To get a precise valuation of your George Washington dollar coin, especially if you suspect it might be an error coin, it’s recommended to have it appraised by a professional coin grading service.
What is the error on the 2007 George Washington dollar coin?
Great question! This does pose an interesting problem. The coins are not only missing the mottos E PLURIBUS UNUM and IN GOD WE TRUST; they are also missing the date and mintmark. (Photo 2b) Washington dollar coins missing the edge lettering are being found in rolls minted at both the Denver and Philadelphia Mints.
Where is the mint mark on a George Washington dollar coin?
The presidential dollar coin is the same size and composition as the Sacagawea dollar. “In God We Trust”, the issue year, and the mint mark appear on the edge.
What is the George Washington $1 coin?
The George Washington $1 coin was first available to the public on February 15, 2007, in honor of Washington’s Birthday, which was observed on February 19. This marked the first time since the St. Gaudens Double Eagle (1907–1933) that the United States had issued a coin with edge lettering for circulation.