This Valuable $1 Coin Could Fetch You $14,000: Imagine stumbling across a coin in your change jar, only to find out it’s worth more than $14,000. That’s not just a fantasy—it’s a real possibility. Some rare $1 coins, especially those with minting errors or low circulation numbers, are now being sold for thousands of dollars by collectors.
One such coin, known among collectors as the 2007 Presidential $1 Coin with Edge Lettering Error, has shocked the numismatic world with its high resale value. If you happen to have one, you might just be sitting on a small fortune.
What Makes This $1 Coin So Valuable?
The key lies in a minting mistake. The U.S. Mint began producing Presidential $1 coins in 2007, honoring past U.S. presidents in the order they served. While the coin itself was meant for everyday circulation, something unexpected happened: some of the coins were released without their edge inscriptions.
Normally, the coin would feature inscriptions such as “E Pluribus Unum,” “In God We Trust,” the year of minting, and the mint mark on its edge. However, due to a mishap during production, a number of coins skipped that step and were released completely blank around the edges.
These coins quickly caught the attention of collectors, and their value skyrocketed. Today, depending on condition, one of these error coins can sell for up to $14,000 at auction.
Key Features of the $14,000 Presidential $1 Coin
| Feature | Details |
|---|---|
| Year of Issue | 2007 |
| President Featured | George Washington |
| Error Type | Missing Edge Lettering |
| Face Value | $1 |
| Estimated Value | Up to $14,000 (based on condition & rarity) |
| Metal Composition | Manganese-brass (golden appearance) |
| Weight | 8.1 grams |
How to Identify One
You don’t need to be a professional coin collector to identify one of these valuable coins. Here’s what to look for:
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Golden color: The coin has a shiny gold hue due to its manganese-brass composition.
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George Washington’s image: The coin features the first U.S. president on the front.
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Missing edge inscriptions: This is the key detail. Turn the coin sideways. If the edge is completely smooth and lacks any lettering, you might have a winner.
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Condition: Mint or near-mint condition coins are worth more.
If you suspect you have one, avoid cleaning it, as that can reduce its value. Instead, consult a numismatics expert or send it for grading to a professional service like PCGS or NGC.
How Rare Are These Coins?
Though millions of Presidential $1 coins were minted, only a small fraction were released without the edge lettering. Estimates suggest that roughly 50,000 of these error coins were produced before the U.S. Mint corrected the mistake.
That makes these coins rare but not impossible to find—especially in original 2007 coin rolls, old wallets, or change jars that haven’t been sorted in years.
Recent Sales and Auctions
Collectors and coin dealers have been on the hunt for these coins since their discovery. Some notable examples:
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A 2007 Washington Missing Edge Lettering coin graded MS66 (Mint State 66) sold for $14,950 at auction.
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Another uncirculated coin sold for $7,500, even without professional grading.
Condition and demand play major roles in the final sale price. So, even if your coin isn’t in pristine shape, it might still be worth hundreds—or thousands—of dollars.
Where to Look for This Coin
If you’re wondering where to start your treasure hunt, here are some tips:
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Check old coin rolls: Unopened $1 coin rolls from 2007 are a good place to start.
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Review pocket change: Rare finds often show up unexpectedly.
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Visit local coin shops: Dealers might unknowingly have one or be able to help identify yours.
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Search online auctions: You might come across one listed below its actual value.
Final Thought
The idea of turning a simple $1 coin into a $14,000 jackpot might sound too good to be true—but it isn’t. Mistakes at the U.S. Mint are rare but do happen, and when they do, collectors jump at the chance to own a piece of history.
If you come across a 2007 George Washington Presidential $1 Coin with missing edge lettering, hold onto it. Get it appraised or graded before making any moves. Who knows? That little golden coin in your drawer might just fund your next vacation—or even pay a few bills.
Don’t miss out—check your change today.
FAQs
1. What is the most valuable $1 coin?
The 2007 George Washington Presidential $1 coin with missing edge lettering is one of the most valuable $1 coins, selling for up to $14,000 depending on condition and rarity.
2. How do I know if my coin is valuable?
Check if the edge of the coin is completely blank (no lettering). If it is, and the coin is from 2007, you might have a rare error coin. Also, consult a coin grading service for confirmation.
3. Where can I sell a rare $1 coin?
You can sell valuable coins through:
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Certified auction houses (e.g., Heritage Auctions)
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Online marketplaces like eBay
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Local coin shops
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Coin collecting forums
4. Can I still find these coins in circulation?
It’s rare, but possible. People often overlook coins or don’t realize their worth. You’re more likely to find one in a coin roll or tucked away in a forgotten drawer.