Lettered edge Sac
pnylvr
Posts: 568
If you did not see the article on the PCGS website:
Newport Beach, California) - Professional Coin Grading Service has certified the first reported Sacagawea golden dollar coin struck with the edge lettering intended only for Presidential dollars. The submitter will receive a $10,000 finder's reward from PCGS.
"The United States Mint set up specific internal procedures in an attempt to prevent this type of error from happening. But it did happen, and it's an amazing-looking error," said Ron Guth, PCGS President.
The 2007-dated coin was struck at the Denver Mint and has been examined and authenticated by the experts at PCGS. The coin was submitted by Andrew Moores of Lakewood, Colorado who found the coin in his pocket change. Moores believes he could have had the coin for as long as two weeks and only noticed it when he compared it with other Sacagawea Dollars that he had already set aside.
Moores was unaware of the reward until a coin collector friend mentioned that he had seen the offer on the PCGS Message Boards. According to Guth, who spoke with the submitter about the find, "Needless to say, Mr. Moores is a very happy man."
PCGS also confirms it now has certified 301 Jefferson dollars erroneously struck without edge lettering.
"Four different Presidential dollars have been released so far -- George Washington, John Adams, Thomas Jefferson and James Madison -- and now we've seen the so-called 'Godless' error on three of them. It seems ironic that we've got Presidential dollars without the motto In God We Trust and an error Sac dollar that has it on both the obverse and the edge," said Guth.
This past March, PCGS announced it was offering a $10,000 reward to the first person who submitted for verification a genuine Sacagawea dollar struck with Presidential dollar edge lettering. The incuse lettering includes the year of minting and the mottos, IN GOD WE TRUST and E PLURIBUS UNUM. Normal Sacagawea dollars have plain edges.
"We figured sooner or later an edge-lettered Sac dollar would be produced because there are literally hundreds of millions of Presidential dollars being struck. There's one additional major error we think might show up: an over-strike with both the Sacagawea and Presidential designs on the same coin." said Guth. PCGS has a standing offer of $10,000 to be the first to authenticate such an overstrike.
Earlier, PCGS earlier paid a $2,500 finder's reward to Ray and Mary Smith of Fort Collins, Colorado who submitted the first known lettered-edge blank planchet Presidential dollar in March soon after the Washington dollars went into circulation.
Newport Beach, California) - Professional Coin Grading Service has certified the first reported Sacagawea golden dollar coin struck with the edge lettering intended only for Presidential dollars. The submitter will receive a $10,000 finder's reward from PCGS.
"The United States Mint set up specific internal procedures in an attempt to prevent this type of error from happening. But it did happen, and it's an amazing-looking error," said Ron Guth, PCGS President.
The 2007-dated coin was struck at the Denver Mint and has been examined and authenticated by the experts at PCGS. The coin was submitted by Andrew Moores of Lakewood, Colorado who found the coin in his pocket change. Moores believes he could have had the coin for as long as two weeks and only noticed it when he compared it with other Sacagawea Dollars that he had already set aside.
Moores was unaware of the reward until a coin collector friend mentioned that he had seen the offer on the PCGS Message Boards. According to Guth, who spoke with the submitter about the find, "Needless to say, Mr. Moores is a very happy man."
PCGS also confirms it now has certified 301 Jefferson dollars erroneously struck without edge lettering.
"Four different Presidential dollars have been released so far -- George Washington, John Adams, Thomas Jefferson and James Madison -- and now we've seen the so-called 'Godless' error on three of them. It seems ironic that we've got Presidential dollars without the motto In God We Trust and an error Sac dollar that has it on both the obverse and the edge," said Guth.
This past March, PCGS announced it was offering a $10,000 reward to the first person who submitted for verification a genuine Sacagawea dollar struck with Presidential dollar edge lettering. The incuse lettering includes the year of minting and the mottos, IN GOD WE TRUST and E PLURIBUS UNUM. Normal Sacagawea dollars have plain edges.
"We figured sooner or later an edge-lettered Sac dollar would be produced because there are literally hundreds of millions of Presidential dollars being struck. There's one additional major error we think might show up: an over-strike with both the Sacagawea and Presidential designs on the same coin." said Guth. PCGS has a standing offer of $10,000 to be the first to authenticate such an overstrike.
Earlier, PCGS earlier paid a $2,500 finder's reward to Ray and Mary Smith of Fort Collins, Colorado who submitted the first known lettered-edge blank planchet Presidential dollar in March soon after the Washington dollars went into circulation.
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Comments
<< <i>The coin was submitted by Andrew Moores of Lakewood, Colorado who found the coin in his pocket change. >>
I love it!
Russ, NCNE
gee, just when i thought the mint wasn't making any more 'mistake coins'
Russ, NCNE
If that is the case, then somebody, who ordered either a bag or roll of these coins, inadvertantly spent it.
Hmmph! I just went to order a bag and they are no longer available!
Whatever!
The name is LEE!
<< <i>Hmmmm........both the lettered edge blank and the lettered edge Sackie were found in the state that the Mint is in..........what an amazing coincidence!!!!!!!! >>
What if............................it turns out that mint employee's are creating these just to drive us crazy?
Would that make these coins "fakes"?
The name is LEE!
Wonder if the man who found it has any relatives working at the mint?
Box of 20
<< <i>Ok I just bought two of the D Rolls. What are my chances? Stories like these are good for selling mint products. >>
50-50 for each coin you examine.
<< <i>If the 2007 Sac's haven't been released into circulation... and are purchased by "collectors" (who generally LOOK at their coins) directly from the Mint.... then just how would this "unique" example wind up in 'pocket change'???? >>
My guess is that Sac got mixed with Presidential Dollars before edge lettering was applied and entered circulation with other Presidential Dollars.
Collector of US Small Size currency, Atlanta FRNs, and Georgia nationals since 1977. Researcher of small size US type - seeking serial number data for all FRN star notes, Series 1928 to 1934-D. Life member SPMC.
Box of 20
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<< <i>If the 2007 Sac's haven't been released into circulation... and are purchased by "collectors" (who generally LOOK at their coins) directly from the Mint.... then just how would this "unique" example wind up in 'pocket change'???? >>
My guess is that Sac got mixed with Presidential Dollars before edge lettering was applied and entered circulation with other Presidential Dollars. >>
That is the most plausible explanation.
The name is LEE!
<< <i>My guess is that Sac got mixed with Presidential Dollars before edge lettering was applied and entered circulation with other Presidential Dollars. >>
That is my theory as well. Or someone did a good job of adding the edge lettering. I know I could do it.
I was playing around a couple months ago with a 2007-D Sacagawea and made this one for fun:
"2007 D"
"IN GOLD WE LUST"
"EAT SPURIOUS TUNA"
TD
<< <i>Amazing... if there is one..well, maybe there are more. Cheers, RickO >>
That's exactly what I was thinking. They wont be in bags or rolls of Sacs.. They are mixed in with one the Presidential dollars, either TJ or JM. One would have better luck looking through bags and rolls or change of Pres-dollars.
Ren
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<< <i>If the 2007 Sac's haven't been released into circulation... and are purchased by "collectors" (who generally LOOK at their coins) directly from the Mint.... then just how would this "unique" example wind up in 'pocket change'???? >>
My guess is that Sac got mixed with Presidential Dollars before edge lettering was applied and entered circulation with other Presidential Dollars. >>
That is the most plausible explanation. >>
Well, if he did have it for even more than a week this means it came from the Thomas Jefferson run at the minimum. Possibly the Adams or Washington as well since the Madison dollars weren't released until the 15th which was last Thursday!
Kinda narrows the field but not by much!
The name is LEE!
Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
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.........Priceless............!!!!!!!!!!.........
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.........Priceless............!!!!!!!!!!.........
The color is pretty dingy for a new 2007 D! Pocket piece?
Ren
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<< <i>
.........Priceless............!!!!!!!!!!.........
The color is pretty dingy for a new 2007 D! Pocket piece?
Ren >>
It was found in circulation!
Probably no better than an MS-65!!!!!!!!
So, how was it graded?
TD
very strange hmmmm???? makes yah wonder of the close proximity to the mint
would anyone think the same thing ?
Box of 20
<< <i>How would the mint employee retrieve such a coin from the letter edge processing since it is a mass production method. I would think it would be impossible since it would have to mixed in with what 50,000 other coins in the bin. >>
Assuming, of course, that there were other coins going through the edge lettering machine at that time......