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U.S. Mint goof creates 'Godless dollars'

By RobotGod     Mar 7, 2007 in World
An unknown number of new George Washington dollar coins were mistakenly struck without their edge inscriptions, including "In God We Trust," and are fetching around $50 apiece online.
The properly struck dollar coins, bearing the likeness of the nation's first president, are inscribed along the edge with "In God We Trust," "E Pluribus Unum" and the year and mint mark. They made it past inspectors and went into circulation Feb. 15.
The U.S. Mint struck 300 million of the coins, which are golden in color and slightly larger and thicker than a quarter.
Half were minted in Denver, the other half in Philadelphia. They have only seen reports that they are coming from Philadelphia so far. Do not not know how many lacked the details, but they think 50,000. Before people reaized how common they were, one sold for $600. Now they sell on ebay for $40-$50. Supposedly they have a new high tech manufacturing process that will be refined, so that this does not happen again. They think it was quality controls fault, not machine.
These are the first coins to have words inscribed on the edge since the1933 gold "double eagle," one of the rarest coinsin the world.
I will have to look for these in my area. There may be some money to be made*L* You always have to wonder with these things, if they did this to publicize the coin. It is a beautiful looking coin. Collector's will be happy because it is something new to add to their collections. Also, the value will drop soon as more show up on the market. Anybody have one? Go look and let me know.
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