If you’re thinking about collecting 2007 George Washington dollar coins and wondering if they’re worth your time, you’re in the right place! Whether you’re a fan of George Washington or just looking to add high-value coins to your collection, our list of 2007 George Washington dollar coin errors will highlight some of the most valuable finds.
The 2007 George Washington dollar coin was the inaugural release in the Presidential $1 Coin Program, which honored the U.S. presidents. Between 2007 and 2016, the U.S. Mint issued four presidential dollars each year.
These coins stand out visually, as the Mint aimed to restore the aesthetic charm and historical beauty of U.S. currency. However, in circulated condition, these dollar coins are typically only worth their face value.
That said, they’re still worth collecting! A great way to build a high-value collection is by focusing on coins with errors. Minting mistakes can be extremely valuable if you know how to identify them.
Our 2007 George Washington error list will showcase some of the most valuable presidential dollar coins released that year, and collecting them can greatly enhance the value of your collection.
Let’s dive in!
1. 2007-P MS65 George Washington One Dollar Coin Missing Edge Lettering Error
In February 2007, the U.S. Mint released the first one-dollar coins. By the end of the month, numerous George Washington dollar coins with missing edge lettering began circulating.
This error occurs when the edge lettering, which is typically inscribed during a later stage of minting, is missing. The error arises when the coin skips this step, leaving a smooth edge.
These coins have become very popular among collectors, especially in uncirculated condition. In 2020, a 2007-P George Washington one-dollar coin with missing edge lettering, graded MS65, fetched $1,225 at a Heritage Auctions sale.
2. 2007-P MS65 George Washington One Dollar Coin Inverted Doubled Edge Lettering Error
Another error to look for is the inverted doubled edge lettering error. In this case, the edge lettering is struck twice, with the second strike being inverted.
This error happens when the coin returns to the minting press with the reverse side up, causing the lettering to double and become inverted. Collectors value these coins, especially uncirculated ones. In 2023, a 2007-P George Washington one-dollar coin with this error, graded MS65, sold for $1,205 at Heritage Auctions.
3. 2007-P George Washington Dollar Die Clash Error
A die clash error occurs when the obverse and reverse dies strike each other without a planchet between them. This causes the dies to imprint their designs onto each other.
When a coin is struck afterward, it may show a strong obverse design with a hint of the reverse design, or vice versa. A more noticeable die clash typically increases the coin’s value. In 2021, a 2007-P George Washington dollar coin with a die clash error, graded MS64, sold for $830 at Great Collections.
4. 2007-D George Washington Presidential Dollar Die Chip Error
A die chip error occurs when small pieces of the die break off, leaving impressions of those chips on the coin. These chips can appear on the obverse and/or reverse of the coin.
The more unusual or striking the die chip, the more valuable the coin is. For instance, in 2020, a 2007-D George Washington dollar coin with die chip errors, graded MS63, sold for $540 at Heritage Auctions.
5. 2007-P MS65 Presidential George Washington Dollar Annealing Error
An annealing error happens when the planchet is heated or cooled improperly, causing the coin to have an unusual color. This error can result in coins that appear black, purple, orange, yellow, or even red.
Improper annealing can make a coin quite rare and valuable, especially in uncirculated condition. In 2022, a 2007-P George Washington dollar coin with this error, graded MS65, was sold for $915 at Great Collections.
6. 2007-D MS63 George Washington Dollar Off Center Strike Error
An off-center strike occurs when the die doesn’t align properly with the planchet, resulting in the design being struck off-center.
The value of such a coin increases based on how much the design is misaligned. For example, in 2023, a 2007-D George Washington dollar coin with a 25% off-center strike, graded MS63, sold for $730 on eBay.
7. 2007-D MS64 George Washington Presidential Struck-Through Dollar Coin
A struck-through error happens when a foreign object (like dust, grease, or small debris) gets caught between the die and the planchet. This object leaves an impression on the coin, creating a unique error.
Coins with dramatic struck-through errors, especially those with retained objects, can be worth a significant amount. For instance, in 2022, a 2007-D George Washington dollar coin with a struck-through error, graded MS64, was sold for $1,030.
8. 2007-D MS64 George Washington Presidential Double Struck Dollar Coin
A double-struck error occurs when a coin is struck twice, creating multiple impressions of the same design on one side.
This error happens when the coin doesn’t fully leave the die after the first strike, causing a second strike to distort the first. In 2023, a 2007-D George Washington dollar coin with a double-struck error, graded MS64, sold for $945 on eBay.
Summary
Presidential dollar coins are popular for their historical and sentimental value, but they usually only hold face value in circulated condition. To make your collection more valuable, focus on coins with errors. As demonstrated in our 2007 George Washington dollar coin error list, these mistakes can be incredibly valuable. Start looking for error coins to build a rewarding collection!