I had not even thought about a Grant With Star or Grant No Star Presidential Dollar. To answer your question, minor edge anomalies like this usually carry no premium.
Thats why I am here to learn. Thanks alot. Me and the kids do this for fun every week and we just started learning about coins and errors. Really thanks for the input.
There is 3 different coins but the one coin with 3 stars together does have faint lettering in different areas.
Wpns, The explanation that I have heard is when the coins are jostled and strike each other edge-to-edge some of the edge designs are transferred from one coin to the other.
That may well be true but the stars are spaced and lined up pretty well. I'm in it for the hunt, which I have to say is addicting.
This has definitely been the popular explanation although I believe that there must be more to it. Given the fact that the lettering is supposed to be incused on the edge and these "extra" stars and letters appear in relief, it certainly sounds like a correct assumption. However, taking a hammer to one coin on top of the other (edge to edge) does not produce the above without producing flat spots. Given that, and given the fact that I don't have a clue as to what happens in the edge lettering operation such as how soft are the coins in the edge lettering process, I can only wait for a more plausible explanation sometime in the future. Something is causing it, thats for sure, but what that something might be is the real question. As it sits right now, the coins typically do not generate much of a premium if any at all. However, if a more distinct impression shows up, then a larger premium could possibly be generated with the right bidders. It's usually best to hang on to these oddities until an absolute exlanation can define what caused it. It certainly wouldn't hurt.
There is more than one way the edges of these coins can come into contact with enough force to transfer some of the edge design. I was referring to coins striking each other as they fall into the hopper after being struck, coins being dumped from the hopper onto the conveyor belt, coins being dumped from the conveyor belt into the counting machine, coins being dumped from the counting machine into the ballistic bags, coins interacting with each other inside the ballistic bag every time the ballistic bag is moved, coins interacting with each other every time the truck hits a bump in the road while it is taking the coins from the Mint, coins being dumped from the ballistic bag before being rolled, etc.
It would seem that we would possibly see more over the whole coin correct. I have never seen any coin operation, don't know the first step besides what I have seen on History Channel. Lol! Me and the kids love searching for any possible errors. However I will say this since we started sarching rolls of Dollars these are the first possible errors we have found. Once again all the information received on this site is awesome! Thanks
There are more edge anomalies than Carter has liver pills. Try and find a presidential dollar with a pure and clean strike on the edge. Those are tough to come by. Or find one without any lettering at all........
That's what we started out looking for. Yeah I'm learning that I'm wasting a lot of time but its fun.
I think they could have had the writing put on twice, those coins would have to hit pretty dang hard to transfer designs and they would be opposite the dimension of the original.
If the above mentioned scenario's were the case, wouldn't you expect to see Presidential Dollars with edge lettering in the fields and devices of the coins? I've seen a lot of Presidential Dollars but do not recall seeing any that had a Star or any Edge Lettering empossed onto the obverse or reverse surfaces of the coin. Additionally, my simplistic attempts at "recreating" the scenario where two edges come together with enough force to actually transfer lettering from one to to another (I hit my thumb a couple of times) showed that it required a "lot" of force to get any impressions at all and those impressions usually produced a flat spot. I'm not saying that it doesn't happen but what I am saying is that it appears to be improbable since an intentional attempt did not produce what I expected to see. What I am also saying is that there is a lot of "speculation" based upon certain assumptions which may or may not be true since I have not witnessed the edge lettering process or even the Presidential Dollar coining process first hand. I can only go from what I have actually seen through my own experimentation.
If the coin passed through the edge lettering machine twice then the second set of letters would be "incused" exactly like the first set. In the OP's coin its readily apparent that the original lettering is incused yet the extra stars are in relief.
This is post-production damage. The raised stars are impressions from the edge of another dollar coin. The coins may have been rolled and squeezed together in a piece of mint machinery, like a conveyor. It could also have occurred in a coin-wrapping facility outside the Mint.