Thursday, March 08, 2007

Collectors investing in flawed dollar coins (The Delaware News Journal, DE)

PHILADELPHIA -- 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. . . .

. . . Ron Guth, president of Professional Coin Grading Service, one of the world's largest coin authentication companies, said he believes that at least 50,000 error coins were put in circulation.

"The first one sold for $600 before everyone knew how common they actually were," he said. "They're going for around $40 to $60 on eBay now, and they'll probably settle in the $50 range." . . .

Full story at:
http://www.delawareonline.com/apps/pbcs.dll/article?AID=/20070308/BUSINESS/703080376/1003

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