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Washington Dollars

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New Member

United States
28 Posts
 Posted 03/08/2007  8:04 pm Show Profile   Bookmark this topic Add zimba to your friends list Get a Link to this Message Number of Subscribers
I have a question about the new Washington dollar. A friend of mine bid on a coin that was listed as an error on ebay. The coin was advertised as an error because the text on the edge was upside down when looking at Washington's head on the top. I've just gotten a roll of 25 from my bank have some right side up and others "upside down." I assume that it doesn't matter the text orientation on a circulating coin. I'm trying to help my friend dispute the ebay seller. Does anyone know of anything I can reference so he can argue with the sellers?
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coinmaniac's Avatar
United States
73 Posts
 Posted 03/08/2007  8:06 pm  Show Profile   Bookmark this reply Add coinmaniac to your friends list Get a Link to this Reply
That is a common scam, a nut here is trying to sell the same stuff for $50, for one coin. The only known error on these is where they do not have the rim lettering.

Coinmaniac
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/08/2007  8:11 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
He won't gain anything by arguing with the seller, anyways. They know it's not an error, too.
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tights24's Avatar
United States
2254 Posts
 Posted 03/09/2007  06:35 am  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
You can find this info I believe on the mint website. However, this may help you.

From the mint:

quote:
These coins will feature edge-incused inscriptions of the year of minting or issuance, "E Pluribus Unum," "In God We Trust" and the mint mark. Due to the minting process used on the circulating coins, the edge-incused inscription positions will vary with each coin.
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tights24's Avatar
United States
2254 Posts
 Posted 03/09/2007  06:37 am  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
Ya know, after reading my own post it made me think. This comment specifically states "circulating coins".

Has anyone read whether or not there will be variation with the proofs?
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Dockwalliper's Avatar
United States
342 Posts
 Posted 03/09/2007  08:11 am  Show Profile   Bookmark this reply Add Dockwalliper to your friends list Get a Link to this Reply
The lettering on the proof dollars will always be up. The reason being that the lettering for the proof coins will be in the collar and stamped at the same time as the rest of the design. For the circulation coins the edge lettering is rolled on in a seperate process. If your looking for a reference.....Numismatic News December 26th, Front page article titled "Letters on Proofs always Up"

",on proofs, the tops of the letters and numerals on the edge will always read correctly with the presidential "heads" side up.
On circulation strikes,the edge lettering is rolled into the edge after striking of the face designs, so the tops of letters could be oriented toward either side of the coin. Also, on these strikes the edge inscription could be rotated to appear at any point around the edge."
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Dockwalliper's Avatar
United States
342 Posts
 Posted 03/09/2007  08:18 am  Show Profile   Bookmark this reply Add Dockwalliper to your friends list Get a Link to this Reply
Heres more to read on the matter.

The Presidential dollars Feature Edge Lettering
In keeping with Congress' desire to have more prominent imagery on the new dollar coins, the Presidential Golden Dollars have incused (recessed) lettering around the edges of the coin. The inscriptions "In God We Trust" and "E Pluribus Unum" are spelled out around the edge, in addition to the date of minting and the mintmark. The edge lettering is being applied randomly with regard to whether it faces up or down on the business strike coins, after the coins are struck. The business strike coins are fed through a vaccuum-like device that sucks them up into the edge lettering prep machine, which lines them up in whichever way the coins happen to enter the process (heads up or down.) Then the coins roll through a device that inscribes the edge lettering. It is expected that in the end, heads-up edge lettering should be about equal in number to coins which receive "tails-up" edge lettering.

The edge lettering for the proof coins is being done with a specially-designed three-part collar that will always (hopefully) ensure that the edge lettering faces upward. This process is different than for the business strike coins, and will produce much higher quality incused edge lettering on the Proof coins. U.S. circulating coins hadn't had edge lettering in several decades before now, so it is expected to cause a lot of interest now that edge lettering has resumed. So much interest, in fact, that the U.S. Mint has redesigned the packaging for its various Mint Sets and Proof Sets so people can see the edges of the coins through the holders. I also wouldn't be surprised to see lots of errors emerging as the Mint adjusts to this process after such a long absence

http://coins.about.com/od/uscoins/a...nts_coin.htm
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tights24's Avatar
United States
2254 Posts
 Posted 03/09/2007  09:37 am  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
Thanks Dock. I hope you know that it was not my intention of you doing the research for me. Just didn't know if anyone knew this off the top of their head's.

Regardless, thanks for the info. I would assume the true errors will be a proof with lettering reversed. can't wait to see one of those. Although by your post, it see that as being much harder to do if it's already in the collar!!! HMMMMM
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rggoodie's Avatar
United States
23487 Posts
 Posted 03/09/2007  4:08 pm  Show Profile   Bookmark this reply Add rggoodie to your friends list Get a Link to this Reply
Any on have any ideas on the number of Washington's that were released without rim stamping?
rggoodie
aka Richard
"catch em doing something right"
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Dockwalliper's Avatar
United States
342 Posts
 Posted 03/09/2007  5:14 pm  Show Profile   Bookmark this reply Add Dockwalliper to your friends list Get a Link to this Reply
The current figure thats being kicked around is 50,000.
New Member
United States
28 Posts
 Posted 03/10/2007  5:00 pm  Show Profile   Bookmark this reply Add zimba to your friends list Get a Link to this Reply
Thanks, everyone. I went to the US Mint site and got the appropriate info. Now we'll try arguing with PayPal...don't think we'll get anywhere, but I guess it's worth a try.
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Spider5689's Avatar
United States
2269 Posts
 Posted 03/10/2007  5:54 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
Good Luck.
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coinmaniac's Avatar
United States
73 Posts
 Posted 03/10/2007  6:01 pm  Show Profile   Bookmark this reply Add coinmaniac to your friends list Get a Link to this Reply
Paypal might work but will take time, I hope your friend did not pay too much for this.

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