June 25, 2012, Irvine, Calif. – GreatCollections is proud to offer the 2007-D $1 Sacagawea with Presidential Edge Lettering, which was the subject of many news stories five years ago when PCGS paid out a $10,000 reward just to be the first grading company to grade this error.
In 2007, Sacagawea dollars were produced without edge lettering, unlike the Presidential dollars, which debuted the same year. In March of 2007, PCGS announced a reward of $10,000 for the first person to submit for grading a Sacagawea dollar with Presidential edge lettering. PCGS graded the coin MS-62.
The U.S. Mint issued a statement outlining how they would be keeping the production of Sacagawea and Presidential dollars separate, thus avoiding the possibility of this particular error. PCGS and the public were not convinced it could be avoided, citing that hundreds of millions of coins will be produced and it was only a matter of time before one turned up with the Presidential edge lettering.
“Despite all the checks in place at the U.S. Mint, errors will still occur and coins will ultimately find their way into circulation as this coin did in 2007. We are proud to be the first company to offer this coin for sale, and it will be sold without reserve in our auctions ending on July 15th,” said Ian Russell, president of GreatCollections.
For detailed images and additional information about the coin, please visit www.greatcollections.com or telephone 1-800-442-6467 (+1-949-679-4180).
GreatCollections is an auction and direct sale venue for PCGS, NGC and ANACS certified coins, as well as coins approved by CAC. GreatCollections handles each coin transaction from start to finish. For sellers, GreatCollections offers professional imaging for each coin, cash advances as appropriate, and other individualized services generally not available with the large auction houses and other websites, freeing the seller to do nothing except collect the proceeds of the sale. Buyers benefit by entrusting a venue whose principals have years of coin experience and whose reputations in the industry are impeccable.