The value of a George Washington dollar coin largely depends on its condition and any potential errors it might have.
- Standard Issue (2007): A typical George Washington dollar coin, minted in 2007 as part of the Presidential Dollar series, is usually worth its face value, $1.00. Even if it’s in uncirculated condition, its value might only be slightly higher, possibly around $2-$4.
- Error Coins: There are certain error varieties of the George Washington Presidential Dollar that can command higher prices from collectors.
– One notable error is the missing edge lettering , where the inscription “E PLURIBUS UNUM • IN GOD WE TRUST • 2007 P (or D for mint)” is absent from the coin’s edge. These coins were discovered in circulation and quickly became sought-after by collectors. A George Washington Dollar with missing edge lettering in MS67 (Mint State 67) condition was recently offered for $99.95.
– Another error involves a double strike of the edge lettering.
– Other errors, such as die clashes or coins struck on the wrong planchet , can also increase a coin’s value.
- Early Dollar Coins: If you have a dollar coin from 1797 depicting Liberty, the value can range from $1,600 to $34,500 in circulated condition, and up to $480,000 in pristine, uncirculated condition, according to the NGC Price Guide.
To determine the exact value of your coin:
- Examine the coin’s edge: See if the inscription “E PLURIBUS UNUM • IN GOD WE TRUST • 2007 P (or D for mint)” is present or missing. Also, check for any signs of double strikes or other anomalies.
- Assess its condition: Coin grading can be complex, but generally, less wear and tear and better preservation of the coin’s original luster will lead to higher grades and potentially higher values.
- Consider getting it professionally appraised: For a more accurate valuation, especially if you suspect your coin might be a valuable error coin, it’s best to consult with a professional coin appraiser or send it to a grading service like NGC or PCGS.
Are president $1 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.
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).
What is the George Washington $1 coin?
From my experience, The George Washington Presidential $1 Coin honors the first President of the United States. Following the ratification of the Constitution of the United States, the Electoral College unanimously elected George Washington to serve as the United States’ first President.