Monday, September 05, 2011

Golden Dollars Edges

Do you have a dollar coin and want to know how much it's worth? Leave a comment

Officially the U.S. Mint states that the edge lettering on dollar coins is placed randomly. Meaning no special effort will be made to line up the edge lettering or to have them go in the same direction, unless they are proof.

So when you have the coin face up and you look at the edge lettering it can be right side up or upside down. The date can be centered above the portrait or to the side or anywhere. Since it is all random then there is an equal opportunity for a normal edge or upside down edge and it has no extra value.

Even with no extra value I want one of each. So for each year since edge lettering was reintroduced there are (5 dollar coins x 2 mint marks x 2 edge varieties) = 20 coins to collect every year.

Oh no check out the 2009 font one looks bold and the other looks fine. Does this mean there is another variety that I need to look out for?


The Zachary Taylor is a new one for me but I am still missing many, over 40 of them.

Here's the stats...
Type/Country: 1 Dollar-Zachary Taylor / United States
Year: 2009 P (Edge normal)
Mintage: 41,580,000
Metal: 88.5% Copper, 6% Zinc, 3.5% Manganese, and 2% Nickel
Value: $1.00 in F-12 

Type/Country: 1 Dollar-Native American / United States
Year: 2009 D (Edge normal)
Mintage: 33,880,000
Metal: 88.5% Copper, 6% Zinc, 3.5% Manganese, and 2% Nickel
Value: $1.00 in F-12

Type/Country: 1 Dollar-Thomas Jefferson / United States
Year: 2007 D (Edge upside down)
Mintage: 102,810,000
Metal: 88.5% Copper, 6% Zinc, 3.5% Manganese, and 2% Nickel
Value: $1.00 in F-12

Warning for people using Metrocard machines in NYC if you want a $4.50 card and you put in a $20 bill you will get 15 dollar coins as change.

Update: Another edge variety for dollars recently made the news.These involved error coins that were supposed to be destroyed but instead were sold to private dealers. I did not mention missing edge lettering dollars because they are hard to come by and are one the most overvalued errors in the market, now I know why.

US Mint officer admits taking $2.4M worth of coins

CAMDEN, N.J. (AP) — A former police officer for the U.S. Mint in Philadelphia has admitted to stealing $2.4 million worth of "error" coins and selling them to a coin distributor in California.
U.S. Attorney Paul J. Fishman in New Jersey said 64-year-old William Gray pleaded guilty on Thursday to charges of theft of government property and tax evasion.
Gray, of North Wildwood, N.J., had worked at the U.S. Mint since 1996. In a federal court in Camden, N.J., he admitted taking $1 presidential coins that were missing edge lettering, knowing they would be considered more valuable to coin collectors because they were considered "mint errors." He mailed them from New Jersey.
He was freed on $50,000 bail. He is scheduled to be sentenced on Dec. 20.
This arrest may have an impact to all future errors.

Do you have a dollar coin and want to know how much it's worth? Leave a comment/question and I will do my best to find out the price and history for you.

7 dollars worth, for Comments/Questions click here.:

Anonymous said...

OK, thought that was the best place to ask.
A person I know claims to have a coin so weird he himself isn't sure what it could be (his guess is "silver dollar", and just in case, I did show him an Ike, and he said that's not it; I didn't show a SBA, but with its pretty much same reverse, I doubt that's it, and I'm sure it's not any of the later "golden" dollars, for the simple reason that they never look silver :-) )

The description: one side had "an old man", the other "the American flag". The side with the old man also had the value (that was the other main reason the guy was sure it wasn't an Ike).
What could that be? My cursory search only brings the Draped Bust (even that isn't all that close to his description), but I'm just sure there is a much easier explanation (Canadian? Mexican? heck, just what could it have been that was confused with the American flag? IIRC US coins never had the flag on them)...

Man said...

The description: one side had "an old man", the other "the American flag". The side with the old man also had the value

Simply put no American coin has a just the flag on the back.

That said a better description is needed. Most important a date.

The only other guesses are a Cook Island coin or a medal or a fake coin.

Anonymous said...

It probably had something else along with the flag. Still, probably a medal of some sort (or indeed a Draped Bust dollar - why not?)
And... Cook Islands? Why? That seems awfully unlikely (search didn't find anything even remotely similar, and whoever the "old man" was, it certainly wasn't Elizabeth II).
Date? No idea. The guy doesn't remember the date himself, unfortunately :-( but there are reasons to suspect it's pre-2000, and likely even older than that.

Man said...

And... Cook Islands? Why?
--Because they have made coins with American flags on them and if worn the Queen tends to look manly. :-)

The date would narrow it down but a picture would be better. Expanding it to tokens, private issues, and exonumia it is nearly impossible to say.

Evelyn said...

Hi there, I have been going through my late step-fathers coin collection and came across a very pretty silver dollar dated 1884... he placed it in an individual coin holder so I am curious as to its worth. Any idea? Thank you so much! (love your page - I too collect coins etc)

Man said...

a very pretty silver dollar dated 1884... he placed it in an individual coin holder

Assuming it is Mint State it's about $50.00

Evelyn said...

Thank you, it's definately not mint but very nice :)