You’re likely referring to the George Washington Presidential Dollar coin , which was part of a series honoring former presidents. It was minted in 2007 , despite bearing the dates of Washington’s presidency, 1789-1797. The coin is golden in color, but it’s not made of actual gold; rather, it is a copper clad in brass, [according to Quora].
- Face Value: In most cases, these coins are worth their face value of $1.
- Slightly More than Face Value: Uncirculated coins in mint condition might fetch a little more, possibly around $2-$4.
- “Godless” Dollars: If the coin is missing the edge inscription “IN GOD WE TRUST” (which should be on the rim along with the year of minting), it can be more valuable, potentially reaching $50 in average uncirculated condition, or even hundreds or thousands in top condition (e.g., Mint State-68).
- Check the Edge: The actual year of minting for the George Washington Presidential Dollar is on the edge of the coin, not the face.
- Condition Matters: The value of a coin is heavily influenced by its condition. Coins that are uncirculated and well-preserved will be worth more than those that have been circulated.
Is the George Washington $1 coin rare?
Good point! While the George Washington Dollar is not considered particularly rare due to its modern mintage, certain rare presidential dollar coins and error varieties can command significant premiums. Basic uncirculated specimens, however, remain readily available and affordable for beginning collectors.
What is the error on the George Washington coin?
From my experience, This coin features an error where the motto is upside down, making it a unique and collectible piece for numismatists. Composed of 88.5% Copper, 6% Zinc, 3.5% Manganese, and 2% Nickel, this $1 coin carries the standard design of George Washington on the obverse and the Statue of Liberty on the reverse.