If you want to start collecting 2007 George Washington dollars, you might be wondering if they are worth it. Are you a fan of George Washington and want to add some valuable coins to your collection.
You’ve found the right place! If you want to add some of the most valuable 2007 George Washington dollar coins to your collection, check out our list of errors.
There have been many dollar coins made to honor U.S. presidents over the years, but the first one was the 2007 George Washington dollar coin. From 2007 to 2016, four presidential dollars were made by the US Mint every year.
The Mint tried to make coins that would bring back the former glory and beauty of US coins, which is why the Presidential dollar coins stand out in terms of their looks. Even though dollar coins look nice, they are only worth what they’re worth when they have been used.
That doesn’t mean you shouldn’t collect these coins! Collecting mistakes is a fun way to build a set of valuable dollar coins. If you know how to find the right minting mistakes, they can be worth a lot of money.
1. 2007-P MS65 George Washington One Dollar Coin Missing Edge Lettering Error
In February 2007, the US Mint put out the first one-dollar coins. But by the end of that month, thousands of George Washington dollar coins without edge letters started to circulate.
Collectors went crazy over these coins that didn’t have writing on the edges. They are still some of the most popular error coins in the series.
As the name suggests, this is a mistake where the edge of a dollar coin is smooth and the writing is missing. This mistake happens when the coin doesn’t make it to the second step in the minting process, which is writing on the edge.
A missing edge lettering mistake can be very interesting, and collectors still love them, especially if they have never been used. In 2020, a buyer at a Heritage Auctions sale paid a crazy $1225 for an MS65 2007-P George Washington one-dollar coin that was missing some lettering on the edge.
2. 2007-P MS65 George Washington One Dollar Coin Inverted Doubled Edge Lettering Error
The inverted doubled edge lettering mistake is another error that is related. As the name suggests, this is a mistake where the writing on the edge has been struck twice, with the letters facing the wrong way on the second strike.
This mistake can happen if the coin’s edge writing is engraved the first time and then the coin is sent back to the minting press with the back side facing up, which makes the second strike upside down.
The edge writing on this kind of coin will double, and some of the lettering will be upside down. Collectors are also ready to pay more for examples of this error that have never been used.
For example, Heritage Auctions sold a 2007-P George Washington one-dollar coin graded MS65 that had a mistake where the letters on the edge were upside down and doubled over for a huge $1,205.
3. 2007-P George Washington Dollar Die Clash Error
When the planchet is finally put between the dies and struck, the coin may have a strong design on the front and a hint of the reverse design on the back. On the other hand, the coin may have a strong reverse design and a hint of the front design on the back.
Most of the time, a stronger die clash mistake is worth more. For $830, the Great Collections sold an MS64 2007-P George Washington dollar coin at sale in 2021. The coin had a die clash error.
The next mistake we’ll talk about is the die clash error, which can happen when you are collecting 2007 George Washington dollar coins.
A die clash mistake happens when the front and back dies hit each other without a planchet in between. Because of this mistake, the dies press their patterns onto each other, so the obverse die gets the reverse design and the reverse die gets the obverse design.
4. 2007-D George Washington Presidential Dollar Die Chip Error
The die chip is another mistake that shows up in this series. It’s a small but very important minting mistake. This mistake looks like a small ding on the coin’s surface. There may be more than one die chip on the front or back of a coin.
Die chips are made when small pieces break off the surface of the die and land on the ground. As the die keeps working, these tiny holes are slowly filled with metal pieces.
Die chip mistakes will happen eventually because of the small metal-filled gaps that will show up on one or more coins. Most of the time, a die chip is worth more if it looks strange. An example of this would be a die chip that has an odd shape or a mark that stands out.
Heritage Auctions sold a 2007-D George Washington dollar coin graded MS63 with mistakes on the obverse and reverse die chips for $540 in a 2020 sale. This is a great coin to add to your collection.
Also See:-Rare 2006 Quarter Errors Worth Money (Full List)
5. 2007-P MS65 Presidential George Washington Dollar Annealing Error
If you are collecting 2007 Washington presidential dollar coins, you might come across an interesting mistake called “incorrect annealing.” If you see a dollar coin that is a very different color, it’s probably because it wasn’t melted properly.
Heating and freezing the planchet to make it soft and hard so it’s ready to be struck is called annealing. When the planchet is heated or cooled, changes in temperature can make the color change visible. This can make a coin that is very different from a normal dollar coin.
If a dollar coin isn’t hardened properly, it could look blackish, purple, orange, yellow, or even reddish, among other colors. This kind of mistake can be worth a lot of money, especially if the coin has never been used before.
The Great Collection sold a 2007-P Washington dollar coin rated MS65 that had been improperly annealed for a huge $915 in 2022.
6. 2007-D MS63 George Washington Dollar Off Center Strike Error
If the die and planchet are not lined up correctly, the next one we’ll talk about is the off-center hit.
The die and planchet should be perfectly lined up so that the die hits the planchet right in the middle. Any small error can cause the die to strike outside the center of the planchet, which is called an off-center strike.
You might find one or more dollar coins where the image is struck farther away from the center, closer to the edge of the coin.
How much the mistake is worth will usually depend on how far the image is struck off from the center of the coin. A coin that is 30% off-center, for instance, is likely to be worth more than one that is only 5% off-center.
A buyer paid a huge $730 on eBay in 2023 for a 2007-D MS63 George Washington dollar coin with a strike that was 25% off-center on the front. This would be a great thing to add to your collection.
7. 2007-D MS64 George Washington Presidential Struck-Through Dollar Coin
The struck-through mistake is another one you might see. This happens when something else gets stuck between the die and the planchet.
Things like grease, hair strands, strings, wood specks, dust or waste, small wires, and so on are examples of these kinds of things.
If something hits between the die and the planchet, it will leave a mark on the surface of the planchet, which is called a struck-through mistake.
Most of the time, the object will fall off the planchet, but sometimes it will stick to it and become part of the coin. A mistake like this is called a preserved struck-through error.
Big mistakes that are crossed out can be worth a lot of money. For instance, the Great Collections sold a 2007-D George Washington Presidential dollar coin rated MS64 with a mistake on the front that was struck through for a huge $1030 in 2022.
8. 2007-D MS64 George Washington Presidential Double Struck Dollar Coin
The most interesting and sought-after mistake you might find when collecting 2007 George Washington dollar coins is a double made. This is a mistake where the coin is struck twice, as the name suggests.
On the same side of a double-struck coin, there will be more than one impression of the front or back pattern. On the front of the coin, there would be two or three of the same images instead of just one.
This mistake happens when the planchet doesn’t fully move away from the hitting hub, letting the die hit it again. There may be some information missing about the second strike, and this strike may also make it hard to see some of the first strike.
People who collect coins are ready to pay a lot of money for ones that have been struck twice, especially if they have never been used. In 2023, a collector bought a 2007-D George Washington dollar coin on eBay for $945. The coin was rated MS64 and had a mistake where it was struck twice.
