Mint News Blog

News, Information, and Commentary on US Mint Products

Wednesday, March 19, 2008

James Monroe Presidential Dollar Error Update


Just before the release of the James Monroe Presidential Dollars, Coin World reported that thousands of Monroe Dollars had been struck on State Quarter planchets. According to a statement subsequently released by the US Mint, all of the errors had been recovered and returned to the Mint. Despite the statement, there was still some discussion about whether it was possible for one or more of the errors to escape notice and reach circulation.

It has now been just over one month and no one has come forward with news of the discovery of a Monroe Dollar wrong planchet error. However, there has been another type of significant error has been discovered, first reported by Susan Headley on About.com:Coins.

The error was a so-called "Faceless" Monroe Dollar. This error is a coin blank that was never struck, but passed through the edge lettering machine. NGC certified the error as a Monroe Dollar since the edge lettering includes the date 2008 and no other Presidential Dollars had been released in 2008 at the time of submission. This article from NGC includes more information and photos of the error coins.

Notably, the Michigan collector who discovered the error had searched over 20,000 Monroe Dollars to find this one specimen.

Will any of the Monroe Dollars on Quarter planchets be discovered? I am still inclined to think that it's possible that a few might have escaped being recaptured by the Mint. The potential for a discovery certainly keeps things interesting.

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11 Comments:

At June 26, 2008 at 9:05 AM , Anonymous Anonymous said...

one of my monroe coins the edging is printed upside down..i was wondering if this is an actual error or not.

 
At June 26, 2008 at 9:28 AM , Blogger Michael said...

Unfortunately, this is not an error.

For circulating (non-proof) Presidential Dollars, the edge lettering is inscribed without regards to the heads or tails side of the coin.

Further info from the US Mint can be found here:
US Mint

 
At July 13, 2008 at 4:55 PM , Anonymous Anonymous said...

Here's a full article on Presidential Dollar Errors.

 
At August 13, 2009 at 11:22 AM , Anonymous Gerald said...

On a couple of the Monroe Presidential $1 coin and first spouse medal set I have a Monroe dollar coin and a Louisa Adams first spouse medal. is this an error? It is still in the package as received from the Mint.

 
At August 13, 2009 at 12:02 PM , Blogger Michael said...

Hi,

This is a kind of packaging error. This recently also happened with the Letitia Tyler sets.

http://mintnewsblog.blogspot.com/2009/08/john-letitia-tyler-presidential-dollar.html

These types of packaging errors are selling for premiums on eBay.

 
At October 26, 2009 at 7:35 PM , Blogger The Chip said...

I just received a 2008 Annual Uncirculated Dollar Coin set. To my Surprise the Monroe Dollar has no lettering on the sides. All of the others look fine, but the Monroe is as smooth as the Sac.

I've been looking for more info regarding this error, but only found one story regarding ICG opening 5000 sets and finding 3 of these out of the 5000 they opened.

Anyone else hear about this error, or how many may be out there like this?

 
At October 27, 2009 at 5:24 AM , Blogger Michael said...

Hi,

Check out this post for a similar discovery:

http://mintnewsblog.blogspot.com/2009/01/james-monroe-missing-edge-lettering.html

As far as I know, there are relatively few of these, so it is a considerable find. Congrats!

 
At October 27, 2009 at 6:33 AM , Blogger The Chip said...

I'm pretty excited... after 10 years of collecting this is my first error find, and will be my first submission for grading.

Many Thanks!

 
At December 19, 2009 at 11:55 AM , Blogger Capt H said...

ON the P Mint Monroe $ some are stamped off center is this normal

 
At December 21, 2009 at 4:41 AM , Blogger Michael said...

An off-center strike would be considered an error coin.

 
At July 28, 2010 at 6:23 AM , Anonymous Anonymous said...

I have a coin with james monroe but not on a normal plancet.It only weighs 2.32grams

 

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