The value of a George Washington $1 coin generally depends on its condition and whether it has any errors.
- Most George Washington $1 coins, which are part of the Presidential Dollar series issued starting in 2007, are worth their face value of $1.
- Uncirculated coins, those that have never been used in transactions, may fetch slightly more from collectors, but usually not more than $4.
- The coin is made of copper clad in brass, giving it a gold-like appearance. It’s important to remember it’s not actually made of gold.
- The years 1789-1797 appearing on the coin refer to the years George Washington served as president, not the year the coin was minted, which was 2007.
- Missing edge lettering: A significant error occurs when the edge lettering (including the mint mark, date, and mottos like “E PLURIBUS UNUM” and “IN GOD WE TRUST”) is missing. These coins can be worth significantly more than face value, ranging from around $20 to over $100 depending on the specific error and condition.
Tip: Examine the edge of your George Washington dollar coin carefully. If it’s smooth and lacks the lettering, it might be one of these valuable error coins.
In summary, most George Washington $1 coins are worth $1. However, if you find one with missing edge lettering, you might have a more valuable error coin on your hands.
Is a George Washington $1 coin worth anything?
The standard value of George Washington dollar coin pieces is around $1–$8. Mint errors like missing or inverted edge lettering can raise that to $100–$350+. Proofs, satin finish, and gold-plated novelties have their own markets. Real gold versions exist — but they’re commemoratives, not circulation ones.
What is the error on a 2007 George Washington dollar coin?
2007 George Washington Dollar ( Missing Edge Lettering )
After the obverse and reverse of these dollars are struck, the coins are sent through a machine that applies the edge lettering. Somehow, a number of pieces missed the edge lettering step, and escaped the mint!
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.
Are any of the $1 presidential 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.