| Author |
Topic  |
|
|
bobby131313
Forum Dad

USA
3678 Posts |
Posted 03/13/2007 8:09 pm
|
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.

|
|
Send note to staff
|
|
How can I help support Coin Community?
|
|
coinmaniac
Valued Member

USA
73 Posts |
Posted 03/13/2007 8:23 pm
|
I guess some of these will start showing up on ebay now.
Coinmaniac
|
Send note to staff  |
|
|
scoutjim99
Pillar Of The Community

USA
4589 Posts |
Posted 03/13/2007 9:05 pm
|
Ron Guth has an excellent site on German Coins and he is very Knowledgable on coins in general
|
|
Send note to staff  |
|
|
TheForce
Pillar Of The Community

USA
2073 Posts |
Posted 03/13/2007 9:27 pm
|
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.
|
Send note to staff  |
|
|
Tpatna
Pillar Of The Community

USA
1610 Posts |
Posted 03/13/2007 9:34 pm
|
I think this whole series is a shame to quality control on the US Mints part. They probably outsourced quality control....
|
Send note to staff  |
|
|
madhandles761991
Pillar Of The Community

USA
525 Posts |
|
|
Dockwalliper
Valued Member

USA
342 Posts |
|
|
Spider5689
Pillar Of The Community

USA
1783 Posts |
Posted 03/13/2007 11:06 pm
|
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.
|
Send note to staff  |
|
|
Bryan1315
Moderator

USA
6807 Posts |
|
|
tights24
Moderator

USA
1979 Posts |
|
|
Spider5689
Pillar Of The Community

USA
1783 Posts |
|
|
BRUCE 1947
Pillar Of The Community

USA
833 Posts |
Posted 03/14/2007 07:37 am
|
Tights.
That is a good one have to agree with you
Bruce.
|
Send note to staff  |
|
|
Errorcoins
Member
USA
703 Posts |
Posted 03/14/2007 12:52 pm
|
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 |
Send note to staff  |
|
|
Metalman
Moderator

USA
6533 Posts |
Posted 03/14/2007 2:14 pm
|
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 !
Metalman
|
|
Send note to staff  |
|
|
TheForce
Pillar Of The Community

USA
2073 Posts |
Posted 03/14/2007 2:41 pm
|
The blank design looks pleasing. Actually just a blank coin with the demonination/mintmark/date on it would be cool and with no design.
|
Send note to staff  |
|
| |
Topic  |
|