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-   -   Prospecting for "Godless" smooth rim 2007 Wash dollars (http://goldismoney.info/forums/showthread.php?t=116798)

HiHoSilver64 03-08-2007 11:51 PM

Prospecting for "Godless" smooth rim 2007 Wash dollars
 
Anybody find any of the supposed 50,000 non stamped "Godless Dollars". I've searched roughly $650 an non to be found :thumpdown but I did find a good number of upside down inverted rims in my lot. Not really sure how rare those are? Anyhow if people are still buying these on eBay - I guess I'll sell them as well. :9536:

Eyes are really tired need to sort them on Saturday. Gee I hope there will be a market for them next week. :D

I stumbled upon this yesterday:

http://money.cnn.com/2007/03/07/news...ion=2007030718

http://www.msnbc.msn.com/id/17501178/

highroller4321 03-09-2007 01:35 AM

Re: Prospecting for "Godless" smooth rim 2007 Wash dollars
 
This is a scam by the government getting sheeple to look through them!

Now there is a bunch in cicrulation and every time a new one comes out people are going to think that there are errors and try to look for them!!

Reno Chris 03-09-2007 11:52 AM

Re: Prospecting for "Godless" smooth rim 2007 Wash dollars
 
You probably got a lot that someone already searched through.

Besides 50,000 in millions is a real small percentage. Its kind of like a shot in the dark.

Chris

LikeGreen 03-09-2007 12:03 PM

Re: Prospecting for "Godless" smooth rim 2007 Wash dollars
 
Would a whole roll be godless, or would these be sprinkled among the multitudes?

I tried to get some from my bank the day they went on sale and they didn't have any.

I may pick up a roll today. Not for the lottery pick, but just to use a roll.

LG :smokin:

randymatt 03-09-2007 12:15 PM

Re: Prospecting for "Godless" smooth rim 2007 Wash dollars
 
Quote:

Originally Posted by LikeGreen (Post 535054)
I may pick up a roll today. Not for the lottery pick, but just to use a roll.:

I picked up a roll and some $2 FRNs, just to fun with the kids at McDonalds :aetsch:

the_buffalo 03-09-2007 12:20 PM

Re: Prospecting for "Godless" smooth rim 2007 Wash dollars
 
I have been leaving them as tips.
The waiter gives a dirty look at first cause they look like quarters. :haha:

LikeGreen 03-09-2007 12:26 PM

Re: Prospecting for "Godless" smooth rim 2007 Wash dollars
 
This just smells like a desperate attempt to gain acceptance through a media event, as was noted previously.

LG :smokin:

Anty Ep 03-09-2007 12:47 PM

Re: Prospecting for "Godless" smooth rim 2007 Wash dollars
 
man you guys are tough. I dig these little coins. I got two rolls and ten extra. none of my ten are godless, and I aint bustin open the rolls.

HiHoSilver64 03-10-2007 12:33 AM

Re: Prospecting for "Godless" smooth rim 2007 Wash dollars
 
I've now searched over $750 of these from original un-tampered rolls. :no_ma: No smooth rims to be found. The supposed inverted or upside down error is in fact a 1 out of 2 Radom chance occurrences. I can't believe what people were paying for extremely common inverted dollars.

I have 2 auction for some of these but in good conscience I can't not and will not list them as errors, or possible errors, rare, these are bound to go up, only found in the early run etc.

For what it's worth here is some Intel I found today:

http://coins.about.com/od/errorcoins..._lettering.htm

ajrocks 03-10-2007 01:07 AM

Re: Prospecting for "Godless" smooth rim 2007 Wash dollars
 
I bought a few rolls, your bank probably had them and didn't know...

At the coin show last week they were selling the new coins for two dollars. Can you believe that!

HiHoSilver64 03-10-2007 01:24 AM

Re: Prospecting for "Godless" smooth rim 2007 Wash dollars
 
Quote:

Originally Posted by ajrocks (Post 535823)
I bought a few rolls, your bank probably had them and didn't know...

At the coin show last week they were selling the new coins for two dollars. Can you believe that!

I guess if a sucker will pay for them - then they will sell them.

Actually several of the banks in my area were already out of them. I was 2 days late on the craze. I caught wind of it last Wednesday but it didn't register with me what all the buzz was until Thursday. I will probably keep several hundred and spend some and deposit the rest of them back into my account.

Ryedale 03-10-2007 11:17 AM

Re: Prospecting for "Godless" smooth rim 2007 Wash dollars
 
I picked up a whole box ($1000) at face of course. Stashed it away for now. I figure in 3 months when the next one comes out most of the original rolls may have been gone through. The truth about quantity of these errors will come out eventually.
I figure they are at a minimum a dollar, and perhaps in a year they could be much more in the original roll. May be an opportunity to get a fair percentage on a $1000 investment. If they are rising nicely, it may pay to get a box of each new release as another form of investment. They are not inflation proof, but the mintages are relatively small, and mint sealed boxes or rolls may bring a premium. I have heard 300 million for both mints combined. That�s not enough for each person in US to have even one each, especially if you include "guests".
I suspect the mint if responsible for the "error" coins may pull other stunts to sell the coins. Look at Coinflation and you can see the seigniorage on this issue may be the highest margin of all coins right now. So if there are some "accidental" errors, all the better for sales.
I was just at my local dealer this morning, and his supply of rolls looks wiped out compared to 2 weeks ago. He is selling rolls for $29. That�s a nice 16% profit margin.
Has there been any reports of die errors on the faces of the coin yet?

HiHoSilver64 03-10-2007 02:05 PM

Re: Prospecting for "Godless" smooth rim 2007 Wash dollars
 
The Presidential Dollar Edge Lettering Errors
From Susan Headley,

Listing of Known Washington Dollar Errors, Especially Edge Lettering Errors

http://coins.about.com/od/errorcoins..._lettering.htm


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