The 2007 G. Washington Dollar Coin is worth anywhere from $1 in circulated condition to over $10,000 for rare mint errors. For most people who find this golden-colored coin in their pocket change, it is a common presidential dollar intended for circulation, but a few specific varieties carry significant premiums.

Understanding the 2007 George Washington Dollar Value

If you just found a shiny gold-colored coin featuring the first president, you might be wondering if you struck it rich. In most cases, a 2007 George Washington dollar that has been used in daily commerce is only worth its face value of $1. Because the U.S. Mint produced over 340 million of these coins, they are not inherently rare. However, the story changes when we talk about “Mint State” coins or those with unique production flaws. Serious collectors are often willing to pay a premium for coins that look like they just came off the press.

Before you head to a coin dealer, it is helpful to use a top coin identifier app to get a baseline idea of your coin’s condition. Grading is the most important factor in determining the price. A coin with scratches, fingerprints, or dullness will almost always be worth just a dollar. On the other hand, if your George Washington dollar is sealed in a proof set or possesses a high-luster finish with no visible marks, it could be worth $5 to $20. The real excitement happens when you find “Godless” dollars, which are missing the edge lettering.

If you are unsure about the specifics of your collection, scanning your coins with the CoinKnow app can help you distinguish between a standard business strike and a valuable error. While many people mistake these for gold because of their color, they are actually made of a copper core clad in manganese brass. This composition gives them that signature golden hue without the actual gold value.

The Rare Missing Edge Lettering Error

The most famous version of the 2007 Washington Dollar is the “Missing Edge Lettering” error. These are often called “Godless Dollars” because the motto “In God We Trust” was moved to the edge of the coin starting in 2007. During the first year of production, thousands of coins bypassed the edge-lettering machine. This mistake resulted in a plain, smooth edge. When these were first discovered, they sold for hundreds of dollars. Today, the price has stabilized, but they still fetch a handsome sum compared to their face value.

Finding a plain-edge 2007 Washington dollar is a major win for any casual hunter. Depending on the condition, these error coins typically sell for $50 to $150. If the coin is in perfect, uncirculated condition, the value can climb higher. It is essential to check the edge of every 2007 dollar you find. If you see “2007,” “E Pluribus Unum,” and the mint mark, it is a standard coin. If the edge is completely blank, you have found a genuine numismatic treasure.

To verify the authenticity of such an error, many users turn to CoinKnow. The app provides visual references so you can compare your find against known authentic errors. Remember that some people try to sand down the edges of coins to faked the error, so looking for the original luster on the edge is key. Collectors also look for “Double Edge Lettering,” where the machine struck the text twice, creating a doubled or overlapping effect.

Price Reference Guide for 2007 Presidential Dollars

To help you understand the current market trends, we have compiled a price table based on the most common versions of this coin. Keep in mind that “MS” stands for Mint State, indicating the coin has never been circulated.

Coin Variety & Grade	Estimated Market Value
2007-P (Philadelphia) Circulated	$1.00
2007-D (Denver) Circulated	$1.00
2007-P or D Uncirculated (MS65)	$2.00 – $5.00
2007-S Proof (San Francisco)	$4.00 – $10.00
2007 Missing Edge Lettering (MS60)	$30.00 – $60.00
2007 Missing Edge Lettering (MS67)	$150.00+
2007 Satin Finish (Mint Set Only)	$3.00 – $12.00

Mint Marks and Production Variations

You can find the mint mark for the 2007 Washington Dollar on the edge of the coin. A “P” indicates it was minted in Philadelphia, while a “D” stands for Denver. These are the two versions you will most likely find in your change. While their values are generally the same, some years and mintages show slight price differences in ultra-high grades. For example, the current auction results for Washington coins often show that Philadelphia strikes can be harder to find in perfect condition than Denver strikes, though for 2007, both are relatively equal.

The “S” mint mark is reserved for Proof coins manufactured in San Francisco. These coins were never meant for circulation; they were sold in plastic cases directly to collectors. They feature a mirror-like finish and frosted details. If you find an “S” mint Washington dollar in your change, someone likely broke open a collector’s set to spend it. Even in circulated condition, a proof coin is usually worth a few extra dollars because of its beauty and lower mintage.

Additionally, some 2007 dollars were released in “Satin Finish” sets. These were special versions included in United States Mint Uncirculated Coin Sets. They have a smooth, matte appearance rather than the shiny, reflective look of a standard business strike. While not incredibly rare, they are a nice addition to a collection and usually command a small premium over face value.

Comparing the 2007 Dollar to Other Modern Dollars

The Presidential Dollar series was an ambitious project by the U.S. Mint, but it followed the poorly received Susan B. Anthony and Sacagawea dollars. Many people who find these coins believe they are much older or rarer than they actually are. When evaluating your 2007 dollar, it is helpful to look at the broader market for large-format U.S. coins. For instance, looking at historical pricing for large dollar coins shows that while some older dollars are extremely valuable, modern coins rely almost entirely on error status or perfect grading to achieve high prices.

If you enjoy the hunt, many collectors also look for “Position A” and “Position B” edge lettering. This refers to whether the lettering on the edge is right-side up or upside-down when Washington’s portrait is facing up. However, the Mint has stated that both positions are normal and occur randomly during the tumbling process, so neither carries a significant price premium.

To maximize the potential value of your collection, use the CoinKnow app to keep an organized inventory. By tracking the condition and specific errors of your coins, you can better understand when to sell and when to hold. While the 2007 Washington Dollar might not make you a millionaire overnight, finding a missing edge lettering error is a great way to start a profitable hobby in coin collecting.

FAQ

Q: Why is my 2007 George Washington dollar gold?

A: The coin is not actually made of gold. It is composed of 88.5% copper, 6% zinc, 3.5% manganese, and 2% nickel. This combination, known as manganese brass, gives the coin a golden appearance.

Q: How can I tell if I have a “Godless” dollar?

A: Look at the edge of the coin. If the edge is smooth and contains no writing at all (no date, no “In God We Trust”), then you have a missing edge lettering error. If the edge has writing, it is a standard coin.

Q: Are there any other rare errors for this coin?

A: Yes, besides missing edge lettering, there are “Double Struck” errors, “Off-Center” strikes, and “Struck through Grease” errors. These are much rarer and should be authenticated by a professional grading service like PCGS or NGC.

Q: Can I spend a 2007 Washington dollar at a store?

A: Yes, these are legal tender in the United States and are worth exactly one dollar. However, most vending machines and self-checkout kiosks do not always accept them, so you may need to take them to a bank or spend them with a cashier.