The George Washington dollar coin value is pretty modest since they are not particularly rare pieces. However, these coins are still collectible, and novices happily add those in the mint state to their collections.
These dollars are also an excellent option for numismatists on a budget since they can get beautiful and collectible specimens for only a few dollars. On the other hand, you can find a few valuable errors typical for this series on the market. Let’s take a look.
2007 George Washington (Presidential) dollar value Chart
|Type||MS 65||PR 65|
|2007 P dollar||$2.30||/|
|2007 D dollar||$2.30||/|
|2007 S proof dollar||/||$11|
*by USA Coin Book
History of the 2007 George Washington (Presidential) Dollar
Senator John E. Sununu proposed the Act of minting Presidential coins in 2005, and the Presidential Dollar Coin Program was accepted, thanks to 70 supporters. The US Mint started producing four coin types with different Presidents on the obverse and the Statue of Liberty on their reverse in 2007.
It was a way to honor these great people and educate Americans about their past Presidents. The series started on February 15, 2007, with George Washington, and dollars featuring the next President were released into circulation every three months by 2016.
2007 George Washington (Presidential) dollar
|Philadelphia||2007 P dollar||176,680,000|
|Denver||2007 D dollar||163,680,000|
|San Francisco||2007 S dollar (proof)||3,965,989|
Interestingly, these coins are made of an alloy without precious metal content. However, their gold-like luster made them a part of the so-called Golden dollar collection.
Related Post: 18 Most Valuable Morgan Silver Dollar Worth Money
Features of the 2007 George Washington (Presidential) Dollar
Don Everhart designed a lovely George Washington (Presidential) dollar as the first such piece in the series released in 2007. Besides, the US Mint struck three other coins of the same face value this year but with other Presidents on the obverse.
Presidential dollars minted in 2007
|President||Presidency period||Coin releasing|
|George Washington||1789 to 1797||February,16|
|John Adams||1797 to 1801||May, 18|
|Thomas Jefferson||1801 to 1809||August, 17|
|James Madison||1809 to 1817||November, 16|
The series ended with the 40th President in 2016, and it is unknown whether the list will be prolonged in the future.
The obverse of the 2007 George Washington (Presidential) dollar
This circulating commemorative coin has the 1st American President, George Washington, on the obverse. He performed that duty from 1789 to 1797, so the US Mint struck this double date below his portrait.
Unlike most American coinage, medallic artist and chief engraver Joseph Menna made a dollar with unique inscriptions along the rim.
The name GEORGE WASHINGTON is above his head, while the 1ST PRESIDENT and the double date 1789-1797 are struck on the bottom. The designer added his initials on the President’s collar.
The reverse of the 2007 George Washington (Presidential) dollar
The designer and sculptor-engraver Don Everhart created this coin reverse. It includes the Statue of Liberty surrounded by the engraved UNITED STATES OF AMERICA. The coin denomination, $1, is placed on the left coin half.
Since the statue appeared on this coin side, adding the word LIBERTY was redundant, so it was excluded from the design.
The edge inscriptions of the 2007 George Washington (Presidential) dollar
Unlike most American coinage with reeded or plain edges, this unique coin has inscriptions along the edge. You can read E PLURIBUS UNUM and IN GOD WE TRUST struck there, with the added date and a letter P, D, or S, representing the mint mark.
2007 George Washington (Presidential) dollar
|Face value||One dollar ($1)|
|Type||Circulating commemorative coin|
|Compound||Manganese-brass clad copper (copper, zinc, manganese, and nickel in an 88.5%: 6%: 3.5%: 2% ratio)|
|Coin thickness||2 mm (0.07874 inches)|
|Coin diameter||26.49 mm (1.04291 inches)|
|Coin weight||8.1 g (0.28572 ounces)|
Other features of the 2007 George Washington (Presidential) dollar
The 2007 George Washington (Presidential) dollar is a circulating commemorative coin with an atypical embossed edge. It is made of a unique alloy that contains copper, zinc, manganese, and nickel, making a manganese-brass clad copper coin.
This round piece weighing 8.1 g (0.28572 ounces) is thick 2 mm (0.07874 inches) and has a diameter of 26.49 mm (1.04291 inches).
Related Post: 11 Most Valuable One Dollar Coin Worth Money
2007 George Washington (Presidential) Dollar Value Guides
The total 2007 George Washington (Presidential) dollar mintage was 344,325,989 pieces. It included coins from the regular strike minted in two mints and proofs struck in the San Francisco mint. These coins’ prices depend on the mint mark and condition but are typically higher than their face value.
2007 P George Washington (Presidential) dollar
The Philadelphia mint produced a significant number of George Washington (Presidential) dollars this particular year, or precisely 176,680,000 pieces.
2007 George Washington (Presidential) dollar
|2007 P dollar||$1.50||$2|
|2007 P dollar satin finish||/||$3.50|
|2007 D dollar||$1.50||$2.20|
|2007 D dollar satin finish||/||$3.50|
|2007 S proof dollar||/||$4.30|
|2007 dollar no letters on the edge||/||$24|
Most are worth $1.50 to $2.50, but specimens with a satin finish typically cost $3.50 on the open market. The most expensive 2007 P MS 65 George Washington dollar was paid $575 at Heritage Auctions in 2008.
2007 D George Washington (Presidential) dollar
A total of 163,680,000 George Washington (Presidential) dollars were minted in Denver in 2007. Their value is $1.50 to $2.50 in most cases, but those with a beautiful satin finish are more expensive. You can purchase one such coin for about $3.50.
Interestingly, one of these commemorative dollars with the D mint mark on the edge is the most costly in the series. One collector paid $1,575 for the 2007 D NGC Genuine George Washington dollar on eBay in 2018.
2007 S proof George Washington (Presidential) dollar
The San Francisco mint struck only proof George Washington (Presidential) dollars in 2007. The mintage of 3,965,989 directly affects these coins’ value, and you can buy one for $4.30 to $11, on average.
On the other hand, one collector set aside an impressive $1,109 to add the 2007 S PR 70 George Washington dollar to their collection. This specimen is the most pricey minted in San Francisco.
2007 George Washington (Presidential) Dollar Errors
The 2007 George Washington (Presidential) dollar series is full of various errors, making these coins appealing to collectors. Unfortunately, their value is relatively low because of their abundance, but they still cost more than regular coins.
Missing Edge Lettering (Smooth Edge Dollars)
The 2007 George Washington (Presidential) dollars’ edge includes inscriptions E PLURIBUS UNUM and IN GOD WE TRUST, along with the minting year and the mint mark. Because of an error in the minting process, you can find two coin variations among those produced in 2007.
The so-called Godless Dollars came without this inscription along the edge, and one such coin was sold on eBay for $612 immediately after appearing on the market. Unfortunately, their price quickly dropped to $50, sometimes even under $20, because their number grew.
By official estimations, approximately 100,000 to 200,000 George Washington dollars with this error were released into circulation in 2007. After the public controversy, the error finally disappeared once the motto IN GOD WE TRUST was removed from the edge to the obverse in 2009.
Upside Down Lettering
Most collectors believe that the edge lettering orientation on the first coins was precisely determined, but it became irrelevant during the minting process. In other words, half of these dollars have a correct orientation, while the other half comes with upside-down struck lettering.
The PCGS started designating them as coins with Position A and Position B, depending on the edge lettering position. Nowadays, many collectors want to have both variations in their collections.
Position A dollar
These 2007 George Washington (Presidential) dollars have an edge lettering oriented upside down. In this case, the inscriptions were struck opposite to the President’s portrait.
Position B dollar
2007 George Washington (Presidential) dollars with Position B have the edge lettering facing right-side up to the portrait on the obverse.
Doubled edge lettering is an error that appears when the same coin goes through the second minting step twice. You can spot two sets of lettering on these pieces’ edges. Sometimes, they are oriented the same way, but there are also pieces with inverted edge lettering struck in two directions (inverted doubled edge lettering).
Lettered Blank Planchet
Unlike Godless Washington dollars, these coins came with the untouched edge lettering but the blank obverse or reverse. In rare cases, you can find a piece with both blank sides.
This new error coin type came when the first struck failed, and dollar pieces mistakenly went to the edge-incusing machine during the second step. The result was blank planchets with lettered edges, making it probably the rarest error type in the series.
These scarce 2007 George Washington dollars have a severe error that includes Lady Liberty without parts of her neck. Some collectors noticed that the neck looks like a Pez dispenser because its front part is missing. The probable reason is the reverse’s over-polishing.
When the mint strikes coins without the collar, getting pieces with the correctly formed rim is impossible. Therefore, these specimens are wider and thinner than regular pieces. The 2007 George Washington dollar with this error can cost up to $575.
This unusual error includes halo-like streaks radiating from the image toward the coin rim. You can see those that come out of George Washington’s head on the obverse or without Lady Liberty’s head on the reverse.
FAQ about the 2007 George Washington (Presidential) Dollar
What makes a 2007 George Washington (Presidential) dollar rare?
The 2007 George Washington (Presidential) dollar is a pretty ordinary coin, and even errors are not rare on the market. However, some well-preserved pieces with Missing Edge Lettering or satin finish can be highly collectible and cost more than usual.
Which 2007 George Washington (Presidential) dollar is worth a lot?
- 2007 D NGC Genuine George Washington dollar – $1,575 in 2018 on eBay
- 2007 D MS 67 George Washington dollar Position A – $1,400 in 2018 on eBay
- 2007 S PR 70 George Washington dollar – $1,109 in 2022 on eBay
- 2007 MS 67 George Washington dollar Missing Edge Lettering – $1,007 in 2010 on eBay
- 2007 P MS 65 George Washington dollar – $575 in 2008 at Heritage Auctions
- 2007 P SP 69 George Washington dollar Position A (satin finish) – $500 in 2010 on eBay
- 2007 S PR 70 DCAM George Washington dollar – $329 in 2013 at Heritage Auctions
- 2007 S PR 70 DCAM George Washington dollar (first strike) – $210 in 2012 on eBay
- 2007 P SP 69 George Washington dollar Position B (satin finish) – $202 in 2011 on eBay
- 2007 D SP 69 George Washington dollar Position B (satin finish) – $150 in 2022 on eBay
- 2007 D MS 69 George Washington dollar Position B – $112 in 2022 on eBay
- 2007 D SP 69 George Washington dollar Position A (satin finish) – $105 in 2011 on eBay
- 2007 P MS 67 George Washington dollar Position A – $77 in 2011 at Great Collections
- 2007 SP 65 George Washington dollar Missing Edge Lettering (satin finish) – $53 in 2012 at Heritage Auctions
- 2007 P MS 68 George Washington dollar Position B – $11 in 2021 on eBay
How much is the 2007 P George Washington (Presidential) dollar worth?
Most George Washington (Presidential) dollars are inexpensive like other modern coins, but the value of these in the mint state is typically higher than their face value. For most pieces, you can count on the price of $1.50 to $2, but those with a satin finish are worth up to $3.50.
What is the George Washington (Presidential) dollar?
The $1 George Washington coins are the first released in the Presidential dollar series. They were produced in 2007, while pieces with the last ex-President were issued in 2016. That year, the list of former American Presidents who met the requirement to appear on these coins was completed.