I just read an article that a unknown amount of these dollars just got distributed before they were stopped. Anyone have more information? I could only get a small headline emailed to me by a friend. I havn"t seen anything in any forums are coin news. Big Ed
I haven't heard anything about this. I remember when the Washington Dollar first came out...some were missing it and those errors carried quite a premium for a while (don't know if they still do).
If there's no In God We Trust, it's a simple missing edge lettering error. There'd be a premium for the fact of the error (no clue how much), but that's all. With regard to distribution, all mint errors are treated the same way in that the mint does what they can to keep them from seeing the light of day. These are a little harder to detect than most because they don't affect the size or the shape of the coin.
Um, IGWT hasn't been on the edge of the Presidential dollars since 2008. A Grant dollar without IGWT would probably be a grease-filled die, or perhaps a cud....
Do you have a source for the article? Since the only mention of this on Google search links back to this forum, it'd help a lot to know where this rumor(?) was started.
Well after receiving the email I googled it. It seems there was articles of each year since 2008 in which IN GOD WE TRUST is missing from Presidential dollars. If you Google No In God We Trust On Dollars you will get a boo hoo of articles. I cant make since of it. will do more research and post back tomorrow. I never knew any money was able to be without this motto? Thanks Big Ed
When the Presidential dollar series started, IGWT was part of the edge lettering. That meant that when the media published pictures of the obverse and reverse of the new coins, IGWT wasn't visible. That led to a lot of often-outraged complaints about the motto being left off of the coins, which of course it hadn't been. Some of your Google hits will be referring to that whole brouhaha. Then a few months later, it transpired that a batch of some tens of thousands of 2007 Presidential dollars had accidentally skipped the edge-lettering step in the production process. Those error coins were thus missing not only IGWT, but also EPU and the date and mintmark. The errors started selling for several hundred bucks on the collector market. Some more of the Google hits will be talking about that issue. As a result of both of the above stories (and of some public confusion between the two), Congress eventually told the Mint to take IGWT off the edge of the Presidential dollars and put it on one side. That was done beginning with the 2009 coins. The rest of the edge lettering (EPU and the date and mintmark) was left alone, with 13 stars added to take up the space that IGWT used to fill. So if there are Grant dollars lacking IGWT, they'd have to be the result of some minting error that affected the area of the obverse where the motto is supposed to be. That could be a grease-filled die (dirt and machine grease build up in the recesses of the die, causing a certain part of the design to become mushy-looking or even entirely absent), or it could be a cud (a piece of the die actually breaks off, leaving a large lump on the coin where that part of the design ought to be). There'd be some precedent for the latter. Back in the '70s, there was a cent die that just happened to develop a medium-sized cud right over the word "God" in the motto. Some dealer got hold of a quantity of the resulting error coins and started advertising them as "Atheist cents"--and thus he managed to sell them at quite a large advance over the cost of a run-of-the-mill cud error. Gotta love marketing....
Ed, as Numbers has pointed out, the vast majority (let's say ALL) of the Google hits either refer to this link or the first generation Presidential coins. Since you expressly stated that an article mentioned a Grant (2011) Presidential dollar coin missing the motto, I asked for a source of the article. If you refuse to provide the article or source, that's your prerogative, but until you can provide this information, no one can really comment on your thread. As such, your post is basically a rumor and weak hearsay.
NorthKorea In my post I am asking a question. Not making a statement. For some reason a major news company ran an article yesterday about new dollars missing IGWT. I was just sent the headline. No I have no article to refer to and am trying to get more information. The reason for this post?
In God We Trust was not officially adopted as the country's motto until 1956. The motto has not always been on our coinage and as a matter if fact, the motto was not required on all coins until 1908. From Wikipedia: While several laws come into play, the act of May 18, 1908, is most often cited as requiring the motto (even though the cent and nickel were excluded from that law, and the nickel did not have the motto added until 1938). Since 1938, all coins have borne the motto. 1957 was the first year the motto appeared on our Federal Reserve notes. As for the OP, it's possible that some sort of error occured with the Grant Dollar's but until photographs and a story are produced, it's just a rumor as far as I'm concerned. Lot's of folks like to start these rumors for their own nefarious reasons.
Which major news company? The articles I've seen in the past had a political agenda and weren't true.
Here is a sort of trick question: What US paper currency first displayed the words "IN GOD WE TRUST"?
The 1886 $5 Silver Certificate has IGWT on the reverse OK, I’m going to be signing-off soon so let me post the answer to my trivia question. In 1886, the $5 silver certificate sort of has "In God We Trust" on it. The back design of this note shows five silver dollars, and these silver dollars do, of course, each carry the motto IGWT. The five coins are shown partially overlapping in a stack. The complete motto isn't visible on any one of them. However, all the words are there.
Salmon P Chase: Senator, Governor, Treasury Secretary, 6th Chief Justice of the United States Supreme Court. Basically, the father of US currency as we know it. Hated fiat money, yet instrumental in its development and distribution. Irony at its finest... oh, and he's on the $10k bill. And, he was instrumental in getting "In God We Trust" added to US coinage.
Biged, exactly what did the headline say? Word for word. Did it actually mention the Grant dollar, or did it just say the new dollar was missing the motto? It is possible what you were sent was the headline from an old article. There are people out there still complaining the the new dollars don't have IGWT on them and they have no clue that it was on the edge or that it was restored to one of the faces in 2009. Yet they still rail against the coins even though they have obviously never looked at them. (I have to admit I have paid so little attention to them that I can't remember if it was restored to the obv or the rev.)
It has always been a motto. The official designation as such was just a formality... bureaucratic paperwork.
