U.S. Mint Says Unknown Number of New One Dollar Coins Missing ‘In God We Trust’ Inscription

An unknown number of new George Washington dollar coins were mistakenly struck without their edge inscriptions, including “In God We Trust,” and made it past inspectors and into circulation, the U.S. Mint said Wednesday.

About half were made in Philadelphia and the rest in Denver. So far the mint has only received reports of error coins coming from Philadelphia, mint spokeswoman Becky Bailey said.

Bailey said it was unknown how many coins didn’t have the inscriptions. 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.”

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