Presidential Dollar Planchet w/ faint side lettering

Hey guys, I was referred here from yahoo answers. I broke a $20 bill in a coin machine at work and got a blank gold dollar. After looking at it under the light (and really closely) I could make out faint lettering on the side. The only thing I am able to make out is "UNUM" and "D" (meaning printed in Denver I assume?) and I can make out "200-". It's very faint and after looking around online I found that this is because it must have somehow got to the stage where the lettering is imprinted, but from what I hear it's near impossible for a coin to get to that phase if it is un-struck. I guess my question is this: Is this something that would be worth looking into? Does the fact that I cannot make out what exact year the coin is mean it's not worth anything? I mean I can only assume that it IS a pres. planchet because it has the side lettering. I am working to get a picture up soon but I don't have a very good camera and going by the faintness of the side lettering, I don't think my cruddy camera will be able to pick it up.

Other than that, just looking at what a coin like this WOULD be worth if it was verified by a coin company? Best or worst case scenario.

 

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That's a great find. It could be a Native American dollar though if it was 2009. I'm not sure about price but it is MUCH better than a blank without the edge lettering! Sorry I don't remember the ballpark for the price...

 

Cool find!!

 

It could be a Prez dollar from 2007-2009 or it could be a Native American dollar from 2009.

That sounds like quite a cool find, and it could be worth a nice chunk of change to the right error collector. You might want to consider having it authenticated and slabbed by either NGC or PCGS. Please post photos if you can.

Chris

 

Thanks for the replies!

Is there any way I could tell if it is a 2009 Native American coin or a Presidential coin? Is there a difference in material used? I found the coin February 15th 2010. I dunno if that helps as far as circulation goes.

Also, I've never submitted a coin to be verified, anything I need to know before hand? Tips... etc.

Again, thanks for the help thus far.

 

No, the same planchets were used for both.

As for submitting it, you would probably be better off submitting it through a local dealer who has submission privileges. I don't think you could justify the expense of paying the membership fee on top of the grading fee.

Chris

 

Oh so tempted, oh so tempted but I ain't gonna supply the link......:goofer:

 

Hm?

 

It's a smart alec attempt at trying to be humorous and I won't degrade this thread by providing a link. My reply was directed more at cpm9ball. Inside joke.......

 

I haven't the slightest idea what you mean!

Chris

 

Of course you don't....:smile

 

Ok, got a picture. It's hard to see but it's there. (It's more visible up close w/ the ol' nekked eye)

http://img12.imageshack.us/img12/6623/img0247ux.jpg

 

I'd be taking a stack of $20 bills to that change machine and emptying it out ASAP to see if there are any more!!!!!

 

Great find! Can you post another pic of the obverse of the coin? Is it completely blank on both sides?

 

Yes it is blank on both sides with raised edge. I can take another pic for you guys (May be a bit, had to use roomies digital camera)

 

Here is some pics from different angles.

http://img132.imageshack.us/f/img0250mf.jpg/

http://img412.imageshack.us/f/img0253d.jpg/

 

WHOA!

I found this while searching the internet...

http://www.smalldollars.com/dollar/page39.html

^ the second story on the page. Can something like this really sell for $20,000?!

 

to the right person, it could go for a large amount. you would need to send it for verification for sure.

there are a lot of shady people out there, trying to sell fake errors. i know you are not one of them, but it stills scares people from spending a lot of money. when its verified, the buyers knows exactly what they are getting. they don't have to hope it comes back from the grading company as legit.

 

Super find. Certification is a must. Good luck with your find...

 

Send 'er in!:thumb:

Certification will make a big difference in price to a collector. Keeping my fingers crossed for ya!