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New Presidential Dollar coins:

~Unusual Edge Letters on President coins

~US mint $ coin press release.

~Production Schedule for upcoming Dollars.

~Legislation Authorizing Presidential Dollar Coins in 2007.

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The following is a US Mint press release acknowledging that error coins were accidently released by the US Mint in 2007. 

Presidential dollar coins have a somewhat unique feature where the mottos "In God We Trust", E Pluribus Unum" and the year and mint mark are on the coin's edge.  A special manufacturing process is used to apply the edge lettering.  Evidently, at least one batch of presidential dollars missed this step in the process and made it into circulation.

See related stories:

God-less Dollars.  What are they?

Error Presidential Plain Edge dollar coins

"Press Release and Public Statements                March 7, 2007

A Statement from the United States Mint

 The United States Mint has struck more than 300 million George Washington Presidential $1 Coins. We have recently learned that an unspecified quantity of these coins inadvertently left the United States Mint at Philadelphia without edge-lettering on them. It is unknown how many of these coins without inscriptions on the edge have been placed into circulation.

The United States Mint understands the importance of the inscriptions “In God We Trust” and “E Pluribus Unum,” as well as the mint mark and year on U.S. coinage. We take this matter seriously. We also consider quality control a high priority. The agency is looking into the matter to determine a possible cause in the manufacturing process.

Production of the Presidential $1 Coin, with its unique edge-lettering, is a new, complex, high volume manufacturing system, and the United States Mint is determined to make technical adjustments to perfect the process. As we adjust this new process, we intend to eliminate any such defects.

Consistent with the agency’s practice in such situations, the United States Mint has informed the Office of Inspector General of the U.S. Department of the Treasury about this matter. "

Currently, these Plain edge error presidential dollars are trading between $100 and $300 per coin, depending on condition. 

 

Buying error coins? For coin dealers who sell these error dollars, see our Coin Dealer Links page.

 

See Additional coin news articles:

God-less Dollars.  What are they?

Error Presidential Plain Edge dollar coins

 

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Where the investor goes to buy precious metals.

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Trade online, in amounts as small as $20 at a time

New Presidential Dollar coins:

~Edge Letters on Presidential Dollar coins

~US mint $ coin press release.

~Production Schedule for upcoming Dollars.

~Legislation Authorizing Presidential Dollar Coins in 2007.

~Prez Proof Sets delayed