The 2007-P George Washington Dollar is worth anywhere from $1.05 in circulated condition to over $500 for high-grade specimens with rare errors. While most examples you find in pocket change are only worth their face value, certain edge lettering mistakes and “Godless” varieties have made this modern coin a favorite for treasure hunters.

Condition / Grade	Estimated Value
Circulated (F-AU)	$1.00 – $1.25
Uncirculated (MS63-MS65)	$2.00 – $15.00
Superb Gem (MS67+)	$50 – $450+
Missing Edge Lettering Error	$30 – $150

History of the 2007-P George Washington Presidential Dollar

The 2007-P George Washington Dollar was the very first release in the United States Mint’s Presidential Dollar Coin Program. Launched with much fanfare, this series was designed to honor each U.S. President in the order they served. George Washington, being the first president, naturally led the charge. The Philadelphia Mint (denoted by the “P” mint mark) produced over 176 million of these coins, making them extremely common in the world of numismatics.

If you have stumbled upon one of these golden-colored coins, you might be curious if you have a hidden fortune. Most people identify these by their distinct manganese-brass composition, which gives them a gold-like appearance despite containing no actual gold. To quickly identify whether your specific coin has a rare minting flaw, you can use a top coin identifier app to scan the edges and surface details.

By using tools like CoinKnow, collectors can distinguish between a standard business strike intended for circulation and a Satin Finish coin intended for collectors. While millions were released into banks, the sheer volume means that for a 2007-P dollar to be valuable, it must either be in pristine, “flawless” condition or possess an error that occurred during the high-speed minting process at the Philadelphia facility.

How Much is a 2007-P Washington Dollar Worth Today?

For the average person, the 2007-P George Washington Dollar value is typically just $1. Because the U.S. Mint produced such a massive quantity, they remain easy to find in change or at local banks. However, if you have a roll that has never been opened, or a coin that looks like it just came off the press with a high mirror-like luster, the value starts to climb.

Collectors use a 70-point scale to grade coins. A coin graded MS65 (Mint State 65) might sell for $5 to $10. Once you reach MS67 or higher, the price jumps significantly because very few coins survived the bin-counting process without getting tiny scratches. You can check the 2007-P Washington dollar auction records to see that high-grade specimens often fetch hundreds of dollars at professional coin auctions.

Mint Mark & Type	MS65 Value	MS67 Value
2007-P (Business Strike)	$8.00	$55.00
2007-P (Satin Finish)	$12.00	$140.00

The Famous “Godless” Dollar and Missing Edge Lettering

The most exciting aspect of the 2007-P Washington Dollar for the general public is the “Missing Edge Lettering” error. In a major departure from traditional US coins, the Presidential Dollars feature the date, mint mark, and the mottos “E Pluribus Unum” and “In God We Trust” engraved on the edge (the side) of the coin rather than the face.

Shortly after the release, thousands of coins were discovered that skipped the edge-lettering process entirely. These became known as “Godless Dollars” because the motto “In God We Trust” was missing. At the height of the craze, these were selling for over $500. Today, the market has stabilized, but a genuine 2007-P Washington Dollar with a smooth edge is still a prized find worth $30 to $150 depending on its condition.

If you suspect you have one, use CoinKnow to compare your coin’s edge against verified error photos. Remember, the edge lettering can be “Position A” (upside down when Washington is face up) or “Position B” (right side up). Both are normal variations and do not add extra value—only a completely blank edge carries a premium.

Identifying the 2007-P Washington Dollar Error Varieties

Beyond the missing edge lettering, there are other subtle errors that collectors look for. One such error is “Doubled Edge Lettering.” This happens when the coin passes through the edge-inscription machine twice. If the letters look blurry, overlapping, or appear to be stamped one over the other, you may have a valuable error.

Another rare variation is the “Satin Finish.” These were not meant for circulation but were included in official U.S. Mint Sets. They have a smooth, matte appearance compared to the shiny, somewhat “grainy” look of regular pocket change. While not an “error” in the traditional sense, accidentally finding a Satin Finish coin in your change is a win for any collector.

Error Type	Description	Price Range
Missing Edge Lettering	The edge is completely smooth.	$30 – $150
Doubled Edge Lettering	Words overlap on the rim.	$50 – $200
Struck Through Error	Foreign object left mark on surface.	$20 – $100

How to Grade Your Washington Presidential Dollar

Determining the value of your 2007-P coin requires an honest look at its condition. Because these coins are made of a softer metal alloy, they scratch and “bag mark” very easily. A “Circulated” coin is one you found in change; it likely has scratches on Washington’s cheek or the Statue of Liberty on the reverse. These will always be worth $1.

To reach a value above $10, the coin must be “Uncirculated.” This means it has no signs of wear from being spent. It should still have its original mint luster—that spinning light effect when you tilt the coin. If you think your coin is perfect, it might be worth sending to a professional grading service like PCGS or NGC.

Before spending money on grading fees, which can cost $30 or more per coin, use an app like CoinKnow to get a preliminary assessment. It can help you decide if your coin is a common “pocket piece” or a high-grade specimen worth the investment in professional certification.

Where to Sell Your 2007-P George Washington Dollar

If you’ve discovered a “Godless” dollar or a high-grade 2007-P, you have several options for selling. For common uncirculated coins, selling on eBay is often the best route for reaching local collectors. Make sure to take high-quality, clear photos of both the front, back, and—most importantly—the edge of the coin.

For rare errors, visiting a local coin shop is a good way to get an immediate appraisal. However, keep in mind that dealers generally pay “wholesale” prices so they can resell the coin for a profit. If you have a certified high-grade coin (MS67 or higher), a specialized numismatic auction house might be the best way to ensure you get the maximum market value.

Always be wary of scammers. If someone offers you thousands of dollars for a common-looking Washington dollar without an error, it is likely too good to be true. Realistically, only the most extreme errors or perfect grades reach those prices.

FAQ

Q: Is the 2007-P Washington Dollar made of gold?

A: No. Despite its golden color, the coin is composed of a copper core with an outer layer of 77% copper, 12% zinc, 7% manganese, and 4% nickel. It contains zero gold.

Q: Where is the mint mark on the 2007 George Washington Dollar?

A: Unlike older U.S. coins, the mint mark (“P” for Philadelphia or “D” for Denver) is located on the edge of the coin, along with the date and the national mottos.

Q: Why is my Washington Dollar missing the edge lettering?

A: This is a minting error. The coins were struck with the face designs first, then passed through a separate machine for edge lettering. Some coins missed this second step, leading to the “Godless Dollar” variety.

Q: How many 2007-P Washington Dollars were made?

A: The Philadelphia Mint produced 176,680,000 of these coins for circulation, making them one of the most common modern dollar coins in existence.

Q: Can I still spend these in stores?

A: Yes, they are legal tender and worth exactly one dollar. However, some vending machines and self-checkout kiosks may not accept them depending on their sensor settings.