Coin and Paper Money Collecting/Misprint Dollar Coin

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Expert: - 3/23/2007


Question
I work at a restuarant and recieved a misprint dollar coin as a tip. I was told it was worth up to six-hundered dollars. The wording around the side of the coin is printed upside down and the date says 1789-1797. Is this coin really worth money or just a scam?

Answer
Hi Megan,
I need more info.
Maybe I am wrong but I think what you have is one of the new George Washington dollars.  If this is the case, the lettering around the edge of the coin is of no consequence if it up upside down or right side up.  The mint did not do it one way of the other on purpose when the pressed the edge lettering.  The date 1789-1797 would have been the years Washington served as president.
If this is not the same coin, please provide more info.
If it is a Geo. Washington dollar as described, it is only worth $1.
Regards
Joe Hylas

Coin and Paper Money Collecting

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Joe Hylas

Expertise

Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.

Experience

Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US

Organizations
PCGS, NGC, Rotary

Publications
Physician's Money Digest

Education/Credentials
Bachelor's Degree in Business Administration

Awards and Honors
Paul Harris Fellow

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