Blank Monroe Dollar has Edge Lettering

A “Faceless” Monroe Presidential Dollar has been found by coin collector Garrett Reich of Michigan. This extremely rare error type, of which only one previous specimen has ever been confirmed, is a Presidential Dollar that didn’t get struck by the coin dies, leaving it without any obverse or reverse designs. Reich’s coin is a blank planchet with a very important difference from nearly other blank Presidential Dollar coins: it has Presidential Dollar edge lettering on it! Garrett found the coin in a bank box of 1,000 coins wrapped up into 40 rolls on February 13, 2008, the day before the coins officially went on sale at most banks. (Some banks are known to distribute the coins ahead of the official release date.)

Monroe Faceless Dollar is NGC Certified

Reich’s Faceless Monroe Dollar specimen has been certified by NGC as genuine, with the label reading “2008P (James Monroe) $1 / Edge Lettered Planchet / Mint Error” along with the verification number on the insert. According to Reich’s wife, Erika, the grading service messed up the label the first time around, apparently not recognizing that the particular president was a certain, known fact in this case.

Read Full Story by Susan Here