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 Classic US Coins

Couple Find a Faceless Dollar Coin

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bobby131313
Forum Dad
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USA
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Posted 03/13/2007  8:09 pm  Show Profile Bookmark this topic Add bobby131313 to your friends list  Get a Link to this Message

Well, well, well.....

quote:
DENVER - Tuesday March 13, 2007 5:23 pm - Mary and Ray Smith can't make heads or tails of a new presidential dollar coin they found last week. It doesn't have either. A week after the revelation that some of the coins slipped out of the U.S. mint in Philadelphia without "In God We Trust" stamped on the edge, the Smiths said Tuesday they found one with nothing stamped on either flat side. It does have "In God We Trust" on the edge. What's missing is the image of George Washington on the front and the Statue of Liberty on the back. Instead, the Smith's coin is just smooth, shiny, golden metal.

"We're just so excited," Mary Smith told The Associated Press. "I'm just dumbfounded that we actually found something significant."

U.S. Mint spokesman Michael White said officials had not confirmed the Smiths' find. But Ron Guth, a professional coin authenticator in Newport Beach, Calif., said he is certain the coin is authentic.

"It's really pretty rare," Guth said. "It somehow slipped through several steps and inspections."

It could be worth thousands of dollars, maybe more, he said. The value will depend on how many similar misprints are found, but the Smiths' will always be worth more because it will be the first one to be independently authenitcated, Guth said.

The first "Godless" coins, which went into circulation Feb. 15, initially sold for $600 but were attracting bids of up to $152 on eBay Tuesday. It's not certain how many were made.

Douglas Mudd, curator at the American Numismatic Association's museum in Colorado Springs, said Guth is one of the best known-coin authenticators in the country.

The Smiths' coin bears a "D," meaning it was produced by the Denver Mint. The "Godless" coins were all believed to have come from the Philadelphia Mint.

The Smiths, who live in Fort Collins about 50 miles north of Denver, are coin collectors who bought two rolls of the presidential dollars on March 7 after hearing about the earlier mistake.

Mary Smith said she thought they might find a "Godless" dollar of their own.

"I opened the first roll, and I looked at all the edges, and they all had printing, so I just set them down and left the stack there," she said.

On Thursday, she pocketed the top two dollars to use during the day, and her husband noticed the next one in the stack looked odd.

He checked, and it was blank on both sides.

"I could tell right away something was strange," Ray Smith said. "I knew what we had immediately."

Guth still has the coin, but the Smiths say that when they get it back, they'll store it in a vault at their bank for now.

"I'm not sure what we'll do with it," Ray Smith said. "I think we'll hold on to it for a while."

The U.S. Mint struck 300 million of the coins, about half in Philadelphia and half in Denver.







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coinmaniac
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USA
73 Posts

Posted 03/13/2007  8:23 pm  Show Profile Bookmark this reply Add coinmaniac to your friends list  Get a Link to this Reply

I guess some of these will start showing up on ebay now.

Coinmaniac

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scoutjim99
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Posted 03/13/2007  9:05 pm  Show Profile Bookmark this reply Add scoutjim99 to your friends list  Get a Link to this Reply

Ron Guth has an excellent site on German Coins and he is very Knowledgable
on coins in general


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TheForce
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USA
2073 Posts

Posted 03/13/2007  9:27 pm  Show Profile Bookmark this reply Add TheForce to your friends list  Get a Link to this Reply

I think its a plot of some sort to spark more intrest in this dead series. I bet sellers of these rolls are loving this. Now they can jack the prices up of unsearched rolls and there probably wont be any errors in them.

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Tpatna
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USA
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Posted 03/13/2007  9:34 pm  Show Profile Bookmark this reply Add Tpatna to your friends list  Get a Link to this Reply

I think this whole series is a shame to quality control on the US Mints part. They probably outsourced quality control....

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madhandles761991
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USA
525 Posts

Posted 03/13/2007  11:02 pm  Show Profile Bookmark this reply Add madhandles761991 to your friends list  Get a Link to this Reply

WOW I though PCGS had a contest for $25000 to the first person who would send in a planchet with lettered edges?


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Dockwalliper
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USA
342 Posts

Posted 03/13/2007  11:03 pm  Show Profile Bookmark this reply Add Dockwalliper to your friends list  Get a Link to this Reply

You knew thid was comeing.

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Spider5689
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Posted 03/13/2007  11:06 pm  Show Profile Bookmark this reply Add Spider5689 to your friends list  Get a Link to this Reply

If you think there are too many errors now, just wait until Adams comes out. At the rate the mint is going, I perdict atleast 5 errors by then.

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Bryan1315
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Posted 03/14/2007  01:07 am  Show Profile Bookmark this reply Add Bryan1315 to your friends list  Get a Link to this Reply

just thought I would show a link to the coin itself on PCGS's website http://www.pcgs.com/articles/articl...iverseid=313




Edited by Bryan1315 - 03/14/2007 01:08 am
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tights24
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Posted 03/14/2007  06:41 am  Show Profile Bookmark this reply Add tights24 to your friends list  Get a Link to this Reply

I think I like that design better Bryan.......


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Spider5689
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Posted 03/14/2007  07:25 am  Show Profile Bookmark this reply Add Spider5689 to your friends list  Get a Link to this Reply


I couldn't agree with you more.

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BRUCE 1947
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USA
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Posted 03/14/2007  07:37 am  Show Profile Bookmark this reply Add BRUCE 1947 to your friends list  Get a Link to this Reply

Tights.

That is a good one have to agree with you

Bruce.

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Errorcoins
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USA
703 Posts

Posted 03/14/2007  12:52 pm  Show Profile Bookmark this reply Add Errorcoins to your friends list  Get a Link to this Reply

Very cool error coin, this one and ones like it will be worth big bucks. Very Rare. Wait until you see a state quarter blank with a prez on it, it will happen. Errors are just mistakes and people make mistakes and machines break and things like blank planchets do slip through, it is not some vast conspiracy.

error


Edited by Errorcoins - 03/14/2007 12:53 pm
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Metalman
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Posted 03/14/2007  2:14 pm  Show Profile Bookmark this reply Add Metalman to your friends list  Get a Link to this Reply

I kinda like the lack of quality control ,, brings back the good ole days !

errors used to be much more prolific than they are now its good to get things back to normal even if it is with the Prez dollars !


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TheForce
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USA
2073 Posts

Posted 03/14/2007  2:41 pm  Show Profile Bookmark this reply Add TheForce to your friends list  Get a Link to this Reply

The blank design looks pleasing. Actually just a blank coin with the demonination/mintmark/date on it would be cool and with no design.

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