Could someone please explain the situation with the "positions" on the dollar coinage. I know WHAT it is, I just don't understand the story behind them. They are not in the Redbook nor Numismedia, why? Are they both just meaningless? Are they errors? Does one need both for a 'set'? Please someone help me on this...
You could collect both if you want. Regular coins minted for circulation will be minted with plain edges and then sent through a special machine that will roll and press the edge lettering on each coin. http://presidential-coins.com/edge_lettering_president_coin.htm The mint paid no attention to the coins orientation as it entered the edge lettering machine, so there are 2 possible outcomes. So then PCGS has a great idea to expand their market some [FONT=arial,helvetica][FONT=arial,helvetica][FONT=arial,helvetica]Effective April 24, 2007 Effective immediately, PCGS will begin recognizing the up or down orientation of the edge lettering on Presidential Dollars, as follows: POSITION A - Edge lettering reads upside-down when the President's portrait faces up POSITION B - Edge lettering reads normally when the President's portrait faces up http://www.pcgs.com/articles/article_view.chtml?artid=4946&universeid=313 [/FONT][/FONT][/FONT]
so. statistically there really can't be more of one than another... I see... Pretty smart of PCGS to "label" it
