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<p>[QUOTE="19Lyds, post: 1733801, member: 15929"]This was in response to ignorance over what direction the lettering should be. Read this page:</p><p><br /></p><p><a href="http://www.pcgs.com/News/Pcgs-To-Recognize-Orientation-Of-Edge-Lettering-On-Presidential-Dollar" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/News/Pcgs-To-Recognize-Orientation-Of-Edge-Lettering-On-Presidential-Dollar" rel="nofollow">PCGS Announcement</a></p><p><br /></p><p>Keep in mind that edge lettering on coins had not occurred for nearly 100 years which is well beyond the memories of most folks. Heck, some people today don't know that half dollars were ever made!</p><p><br /></p><p>Anyway, back when these coins first started appearing, there was a group of ignorant (or really really smart scammers) that were selling the different orientation coins as US Mint Errors or "Upside Down Edge Lettering Errors". They were receiving some hefty premiums until it was understood that the lettering on the edges was determined by random chance and that either orientation was correct.</p><p><br /></p><p>Throw the missing edge lettering Washingtons into the mix and eBay was literally ALIVE with folks spending money on the so called "upside down edge lettering".</p><p><br /></p><p>eBay went so far as to automatically delete any listing that stated the words "upside down edge lettering".</p><p><br /></p><p>To make a long story short, at the time, there was a need and as PCGS stated in their announcement, the different orientations are in fact different varieties.</p><p><br /></p><p>If you or anybody else doesn't want to collect each Position A and Position B, that's the collectors prerogative.</p><p><br /></p><p>I expect that when these coins become used in everyday commerce, then perhaps interest will pick up once again. But that doesn't have anything to do with the subject unless you address the edge lettering as a collectible variety.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1733801, member: 15929"]This was in response to ignorance over what direction the lettering should be. Read this page: [URL="http://www.pcgs.com/News/Pcgs-To-Recognize-Orientation-Of-Edge-Lettering-On-Presidential-Dollar"]PCGS Announcement[/URL] Keep in mind that edge lettering on coins had not occurred for nearly 100 years which is well beyond the memories of most folks. Heck, some people today don't know that half dollars were ever made! Anyway, back when these coins first started appearing, there was a group of ignorant (or really really smart scammers) that were selling the different orientation coins as US Mint Errors or "Upside Down Edge Lettering Errors". They were receiving some hefty premiums until it was understood that the lettering on the edges was determined by random chance and that either orientation was correct. Throw the missing edge lettering Washingtons into the mix and eBay was literally ALIVE with folks spending money on the so called "upside down edge lettering". eBay went so far as to automatically delete any listing that stated the words "upside down edge lettering". To make a long story short, at the time, there was a need and as PCGS stated in their announcement, the different orientations are in fact different varieties. If you or anybody else doesn't want to collect each Position A and Position B, that's the collectors prerogative. I expect that when these coins become used in everyday commerce, then perhaps interest will pick up once again. But that doesn't have anything to do with the subject unless you address the edge lettering as a collectible variety.[/QUOTE]
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