News about the Washington Dollar Errors, More "No Edge Lettering" reported

Just received this from Numismatic News, another Washington "No Edge Lettering" discovered;
Last week the new George Washington dollar was released to circulation. This week come the first reports of errors. Topping the list was a report of one of the new dollars without the edge lettering. On a regular coin, the edge carries the date, mintmark, "In God We Trust" and "E Pluribus Unum." An Arizona collector, who wishes to remain anonymous, reported it. He truly has a "Godless" dollar coin. Other reports of errors are coming in. What is not an error is the changing direction of the edge lettering. On some coins the tops of the letters are close to the obverse. On others they are close to the reverse. This is normal. It is not an error.
Are you checking out your new Presidential dollar coins for errors? Let Dave Harper know. dave.harper@fwpubs.com
—Dave Kranz, Newsletter Editor
nn@krause.com
The one on eBay that ends tonight is from Chicago.
JR.
Last week the new George Washington dollar was released to circulation. This week come the first reports of errors. Topping the list was a report of one of the new dollars without the edge lettering. On a regular coin, the edge carries the date, mintmark, "In God We Trust" and "E Pluribus Unum." An Arizona collector, who wishes to remain anonymous, reported it. He truly has a "Godless" dollar coin. Other reports of errors are coming in. What is not an error is the changing direction of the edge lettering. On some coins the tops of the letters are close to the obverse. On others they are close to the reverse. This is normal. It is not an error.
Are you checking out your new Presidential dollar coins for errors? Let Dave Harper know. dave.harper@fwpubs.com
—Dave Kranz, Newsletter Editor
nn@krause.com
The one on eBay that ends tonight is from Chicago.
JR.
*JE RENAIS DE MES CENDRES*
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"Always Do Right, This Will Gratify Some And Astonish The Others" - Mark Twain
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"Always Do Right, This Will Gratify Some And Astonish The Others" - Mark Twain
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Comments
<< <i>Two? Thats nothing...out of the box of 1000 I bought I have about 20 or so.
morris <>< >>
From Marty's thread.
Russ, NCNE
San Diego, CA
some other guy listed 8 more.
best to wait and see how this pans out b4 putting up moon money.
Steve
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
<< <i>What happened to the one on ebay first? still up at 400.00?
some other guy listed 8 more.
best to wait and see how this pans out b4 putting up moon money.
Steve >>
Heres the auction Link
JR.
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"Always Do Right, This Will Gratify Some And Astonish The Others" - Mark Twain
<< <i>I predict that guy who turned down a $400 offer for one will be kicking himself until the Reagan dollar is issued. >>
Bid is higher than that with eight hours to go.
Russ, NCNE
Here's the guy with eight of the plain edge.
Russ, NCNE
Box of 20
<< <i>300 million. One for each U.S. Citizen. Not much if you think of it that way. >>
So that means 4 per citizen per year. That is a lot considering the majority of the citizens will never handle these.
<< <i>Has it been determined which mint is minting the "No Edge Lettering" error? >>
Both mints.
The 1st one on ebay came from a D roll, on the link Russ posted that guy said he got them from a P roll.
JR
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"Always Do Right, This Will Gratify Some And Astonish The Others" - Mark Twain
What would happen if someone that sent in rolls to PCGS unopened had some error coins? would they call that person up?
also would it have been wiser for the guy with 8 to slowly release them? not list all 8 at one time?
SD
This make me think these will not be rare.
<< <i>What would happen if someone that sent in rolls to PCGS unopened had some error coins? would they call that person up?
also would it have been wiser for the guy with 8 to slowly release them? not list all 8 at one time?
SD >>
From other posters experiences with different coins they will not call and those would come back ungraded.
Hoard the keys.
the problem though with that is all are being graded, ones that do not meet a certain grade are getting a BU slab.
Steve
<< <i>Becoka
the problem though with that is all are being graded, ones that do not meet a certain grade are getting a BU slab.
Steve >>
Are you sure they are going to give problem coins the BU status?
I guess if they do then they should all have the edge view. Then whoever has these graded will have proof it is a D or P mint then just send the slab back under error or variety review to get the proper designation.
Steve
Really by your defination any coin in the Bust or any other series with die cracks shouldn't grade MS.
<< <i>also would it have been wiser for the guy with 8 to slowly release them? >>
Actually, the opposite. Notice that he ran three day auctions. He knows that a truckload more are going to show up on eBay any time, so he's moving them out as fast as possible.
Russ, NCNE
<< <i>Now why would a error coin become a problem coin? Is any double die a problem coin? Is a no "S" a problem coin or just an error...It should and will grade in the future IMO if they aren't already.
Really by your defination any coin in the Bust or any other series with die cracks shouldn't grade MS. >>
Not sure but there were a couple of posts where someone submitted a coin for grading and it got returned because it was an error. The main issue of the threads is why didn't PCGS call him to get the correct service on the coin.
<< <i>from the guy in FL with a wad of them
Ah, but those would be "P" mints then.....so, the "D" will be scarcer and worth much more
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Looks like there are about 20 different "error" types and counting.
Here's the guy with eight of the plain edge.
Russ, NCNE >>
he has 11 listed now.
Just added 3 more
Joe
Here's a guy selling "First Strike" rolls, as the inspection date on the $1000 box is Jan. 3rd 2007...
First Strike Rolls...
My box is stamped Dec. 7th 2006, what inspection date do you have on your $1000 box...?
Currently Listed: Nothing
Take Care, Dave
<< <i>Do you feel like Charlie on willy wonka when you are opening them rolls look for the golden tickit or is it just me
Same feeling. Opened three rolls and nothing but a bunch of bag marks. I will keep looking. Ompa loompa.
Box of 20
The first one closed at $612. That buyer is going to regret being the first.
Russ, NCNE
<< <i>Here's another seller with five of them.
The first one closed at $612. That buyer is going to regret being the first.
Russ, NCNE >>
The seller has a firm grip on things...
Currently Listed: Nothing
Take Care, Dave
San Diego, CA
I doubt these will be like the Wisconsin Leaf, but there could be some upside if the Mint comes out and says they fixed the problem.
I can't imagine the Mint will continue making these errors, not only for Washington, but for the whole series. So at some point it has to stop and a statement will be issued.
Now are they worth $600. I doubt it, but there's some value here.
<< <i>Ah, but those would be "P" mints then.....so, the "D" will be scarcer and worth much more >>
Bochiman if the letter is missing from the edge of the coin and the mint mark should have been on the edge, how will anyone know that it was to be a "D" and worth much more then the "P".
I doubt the errors will reach $225 again, w/o being slabbed. Maybe I am wrong, but there is gonna be alot of these, I think.
Rob
Just in first buyer throws up.
Therefore... they Registry Sets will now need to include P, D, and Blank MM coins!
<< <i>These may have another source of value. From one sellers pictures, these look much better than others I've seen. Maybe skipping the run through the edge lettering machine saves a bunch of surface marks and results in higher grade coins. Trouble is they will not be identifyable as P or D.
Therefore... they Registry Sets will now need to include P, D, and Blank MM coins! >>
Let me be the first to say: "2007 Plain"
TD
Seller n_sandler287t 11 Listed
Seller Capitolcoin 13 Listed
Seller kwillingh 5 Listed
Seller seejay69 6 Listed
Seller genuinells 3 Listed
Seller maigan_dilan 1 Listed
Seller ronguinazzo 2 Listed
And some would be fakes.
San Diego, CA
My Complete PROOF Lincoln Cent with Major Varieties(1909-2015)Set Registry