The Number of George Washington Dollar Coins in Existence
Do you know your 2007 George Washington dollar coins value? The coins have values depending on their positions. Though perhaps not all are highly valuable, some of them are.
For instance, the George Washington Godless dollars are about $2,000 or more in Mint State-68 condition, while a Mint State-67 grade is worth almost $300.
How Much is a George Washington Dollar Coin Worth?
What is the George Washington dollar coin’s value? The most valued 2007 George Washington presidential dollar coins are as below:
George Washington Godless coins are about $50 in average uncirculated condition. However, items in excellent condition can fetch hundreds or even thousands of dollars. George Washington Godless dollars, for instance, are about $2,000 or more in Mint State-68 condition.
The higher uncirculated grades of the 2007-D Position A George Washington gold coin are exceedingly rare. Examples with a Mint State-67 grade are worth almost $300.
The 2007-S evidence Although it’s somewhat common, the George Washington dollar coin is an excellent collection. One costs around $3 to $5 to purchase.
In ordinary Mint State grades, the regular-issue business strikes from the Philadelphia and Denver Mints are about $1.50 to $2. Examples with wear, such as those you would find in your change, are worth their face value.
The Coin’s Facts
The $1 Presidential Coins Program, which started in 2007 and continued every year until 2016, kicked off with the George Washington dollar as its debut coin.
For ten years, there were 39 different designs for the Presidential quarters, which honored each nation’s deceased presidents in the sequence in which they held office.
After the series’ initial termination in 2016, the United States Mint may occasionally revive it to memorialize former presidents who have passed away.
George Washington was the first U.S. president to appear in the series of gold presidential coins, which honor American presidents in the order that each served as commander in chief.
Varieties and Errors
340,360,000 Washington dollars struck for circulation by the Philadelphia and Denver Mints — 176,680,000 in Philadelphia and 163,680,000 in Denver. These pieces are, consequently, fairly frequent.
The proof versions with the “S” mintmark are also available, and there’s the marketing of proof sets to coin collectors. These, too, are many and extremely frequent, with a mintage of 3,965,989. However, numerous unique variants did crop up for the George Washington money.
The strikes in 2007 Washington dollars were in a modest but significant quantity without having their edges imprinted.
The Washington dollar’s edge bears the words “E PLURIBUS UNUM,” the year, the mintmark, and the nation’s motto, “IN GOD WE TRUST.”
There was modest and significant minting of 2007 George Washington money without having their edges imprinted. This might have occurred because these coins’ edge writing addition was after striking the obverse and the reverse.
Informally known as Plain Edge dollars, George Washington gold dollar coins lack the phrase “IN GOD WE TRUST.” However, coin collectors gave them the more catchy name “Godless Dollars” rather quickly. They quickly rose to fame as valuable error coins.
Once having a price range of about $600, values for this coin subsequently dropped as supply increased and demand gradually decreased. A George Washington Godless Dollar mistake coin now costs approximately $50 in typical uncirculated condition. Due to the prevalence of fakes, exercise caution.
The U.S. Mint made efforts to ensure that such a mistake didn’t occur again. But the 2007 John Quincy Adams dollar struck later that year also contains a similar fault.
Beginning in 2009, when the inscription “IN GOD WE TRUST” appeared on the coin’s obverse, the issue was completely out.
Position A and Position B Dollar Coins
Position A
In relation to the direction the letters face the president’s portrait on the coin, the edge writing striking on Washington dollars was both upside down and right-side up.
Collectors refer to upside-down edge text (the opposite way from the president’s portrait when it is up) as Position A dollars to distinguish between the two.
Position B
Position B of Washington dollars has the edge writing facing the president’s portrait with the right side up.
Positions A and B are not always in high demand. However, many collectors like to group dollar coins according to the spacing of the edge text; some even make an effort to amass both types of each design.
George Washington Coin Specs
Presidential Dollar Year 2007 Specifications
- Face Value: approximately $1
- The material consists of 88.5% copper, 6% zinc, 3.5% manganese, and 2% nickel.
- Weight in total: 8.1 grams
The 2007 P George Washington golden dollar coin, 2007 D dollar coin, and 2007 S proof dollar coin were all struck by the U.S. On the coin’s edge, you can see the mint mark.
Proof coins are coins with additional detail. They take longer to make since they mint on unique planchets. Since they were for collectors from minting, you won’t discover any in your spare change.
The following are the different series, locations, and quality minted:
- 2007 P Philadelphia 176,680,000
- 2007 D Denver 163,680,000
- 2007 S Proof San Francisco 3,965,989
The Grading System
- MS 65 gem uncirculated: This coin has an intense shine and is appealing to the eye. There might be a few little contact marks, but they are hardly discernible.
- PR 65 proof: This coin is perfect; it has no faults.
Conclusion
Congress approved the Presidential Dollar’s development in December 2005, and George W. Bush then signed the legislation into law. There are different designs with a different Presidential Dollar released each year from 2007 to 2016. The list now has 37 Presidents on it because the program does not include any living current or former Presidents.
The phrase “In God We Trust” appears on the coin in edged text for the first time on a U.S. coin, and the year of issuance inscribed on the rim. After honoring Ronald Reagan, the final President who qualified, the series ended in 2016. Read our article and find out The Best Way To Clean Old Coins.