Silver mining in the United States, mainly the Comstock Lode (1859), is the catalyst that gave silver dollar coinage its heyday. These three coins, spanning 100 years-from the first Morgan Dollar in 1878 to the final Eisenhower Dollar in 1978-share a connection through history and legacy. This year also marks the 50th anniversary of the silver coin that would follow: the Eisenhower Dollar. Essentially, it’s the centennial of the transition between minting two of the most famous coins issued by the United States Mint. The other presidents to be honored this year will be John Adams, Thomas Jefferson and James Madison.This year marks the 100th anniversary of completion of coinage of the Morgan Dollar and the 100th anniversary of commencement of coinage of the Peace Dollar. The Washington dollars are the first in a series of presidential coins slated to run until 2016. In 2002, a 1933 double eagle was sold for $7.59 million - the highest price ever paid for a coin. coin to have words stamped around the edge since the storied 1933 $20 gold "double eagle," among the rarest and most valuable in the world. These apparently skipped that process," he said. "These coins are struck like normal coins, then they go through another machine that adds edge lettering in another process. Guth said it appeared the problem had to do with quality control rather than a mechanical error. The agency still is trying to determine the cause. The mint, in a statement, said the production process will be adjusted to eliminate any future defects. "I'm absolutely going to hang onto that coin" and probably buy more, he said. "I wish it was real."īrunsman said he got one of the godless dollars in change from a Postal Service stamp machine. "I think it's exciting that it happened, but clearly it was a mistake," he said of the blunder. Then an Ohio State University student, he's now executive director of the Secular Student Alliance, based in Albany, N.Y. Brunsman IV, who in 2001 helped lead a national campaign to get the phrase removed from all U.S. The error pleased Upper Arlington native August E. Last night, though, some of the coins were fetching more than $200 each on eBay. "They're going for around $40 to $60 on eBay now, and they'll probably settle in the $50 range." "The first one sold for $600 before everyone knew how common they actually were," he said yesterday. Ron Guth, president of Professional Coin Grading Service, one of the world's largest coin authentication companies, said he thinks that at least 50,000 error coins were put in circulation. So far the mint has only received reports of error coins coming from Philadelphia, mint spokeswoman Becky Bailey said.īailey said it was unknown how many coins lacked the inscriptions. Mint struck 300 million of the coins, which are golden in color and slightly larger and thicker than a quarter.Ībout half were made in Philadelphia and the rest in Denver. The flawed coins made it past inspectors and went into circulation Feb. The properly struck dollar coins are inscribed along the edge with "In God We Trust," "E Pluribus Unum" and the year and mint mark. PHILADELPHIA - An unknown number of new George Washington dollar coins were mistakenly struck without their edge inscriptions, including "In God We Trust," and are fetching around $50 apiece online.
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