Oh!!! I mis-read your description of the coin. I didn't realize that the obverse was indeed on the coin. I would say that this coin is probably not genuine...
Do you all remember the frong page of coinworld with the blank prez dollar? The edge was much different if you get out your copy and compare.
Check the weight better before wasting the fee on slabbing. A jeweler, coin dealer, etc. should have a good scale. I think its faked.
I read about an error where one side was blank...will see if I can find it again found it! Its real and could be worth thousands http://psychohistory.wordpress.com/...ington-dollar-coin-error-found-faceless-coin/ here's another site for Washington errors http://www.washingtondollarerrors.com/#errors
It's not real! Look at the link she posted, see the edge on the error side, it is thin and the lettering has made bumps in it. On this one the edge looks like a normal one, I heard this thick rim is made when being struck. when I say edge i mean not the 3rd side but the ring going around the design
Since there is a precedent here, it could indeed be legit. I look at like this... try to fake it, coin should be reduced in weight, so check weight first thing.
By "that" do you mean dahulk's coin described in the first post of this thread, the one described in the link posted by Twiggs? I'm certainly not going to argue with Ron Guth about the authenticity of a coin, so if you are referring to the one in Twiggs' link, I agree with you 100%. But, after comparing the rim on the one Guth authenticated with the rim on dahulk's specimen, and considering the physics of the situation, I am equally certain that dahulk has a fake. Unfortunate, but definitely true!
My guess is that a dremel or similar tool was used to rout out the design on the now-blank side. That's the common technique for making the outer half of a magician's coin.
FYI, the link posted by Twiggs regarding the faceless dollar actually refers to a blank or "unstamped," lettered edge planchet.The article is sloppily written because it implies the coin is missing the design on only one side. If you want the story on that coin, you can check the article linked within Twigg's link or here: link
And also, I agree with Conder. I've seen a number of these on eBay. The auctions get removed once they are reported. It seems even eBay is on to these.
I mentioned weighing it to see if it has been lessened, if the weight is significantly less that would condemn the piece. BUT if the weight is right, that DOES NOT mean that it is real. You would be surprised at how much of the detail you can mill off a coin and still be within the mint tolerances. As to how it is done, you can mount the coin in a lathe and then use a graver to shave the metal off the face from the center to the inner surface of the rim. And there are a lot of people out there skilled in doing that. (It is also the first step done in creating fake novelty Sac/quarter mules. The Sac is milled from center to rim, and the entire back is milled off the quarter. Then the quarter is fit into the sac dollar. Done well it is very difficult to see the seam. The same technique is used to create two headed/tailed coins. Frankly this could very easily be either an unfinished two headed washington dollar, or a finished one that came apart.
Nope, read the article - "Missing Reverse Face. These are the “Faceless” dollars, only one verified to date. These coins are missing the Statue of Liberty on the back of the dollar coin. "
The only way I know of to get a "one-sided" coin is to have two planchets get stamped at the same time. Normally at least one would spread out like broadstrike. Neither would have a raised rim on the blank side. What I'm not sure about is if it is possible for the edge inscription step to accept a washington with a larger diameter and if it did, would it correct the diameter and recreate a raised edge? How about posting a picture of the normal side so we can rattle our brains and see if the two sides add up.
It seems to me that a few people here have it right and the rest are too busy tripping over themselves in excitement to stop and think...how could this "error" be made legitimately? If it were a capped die or extra planchet in between the coin and the die, then the blank side would not have a sharp, well formed rim. I cannot think of a single scenario where this coin could have been created at the Mint. One may exist, but I haven't heard it so far.