Jefferson Plain Edge Dollar Found
Saturday September 22, 2007
A plain edge Jefferson Presidential Dollar has been found in Iowa by Bruce Countryman, who found a single specimen among the dozens of rolls of Denver Mint Jefferson Dollars that he has searched through. The find was first reported by variety coin expert Ken Potter on the CONECA Web site, and Numismatic News quickly picked up the story and ran it under the headline "Plain Edge Jeff" on their Numismaster.com domain. Countryman returned to the same bank he bought the plain edge Jefferson from and searched the rest of their rolls, plus 40 others from another bank in his area, but didn't find any more. This indicates that Countryman's find was probably isolated, rather than the tip of another iceberg that implies whole batches of coins missed the edge lettering process as we saw in the Washington and Adams Presidential Dollars.
We may not be seeing any more large-scale edge lettering related error problems, now that the Mint has integrated the edge lettering step into the overall production-line work-flow process. According to U.S. Mint Director Ed Moy, speaking at the Mint's Coin Collectors Forum held at the ANA World's Fair of Money convention in Milwaukee last month, the Mint made some changes to the production process when large numbers of plain edge Washington Dollars emerged. The reason we also saw edge lettering problems on the Adams Dollars was that 40% of the Adams Dollars had already been produced under the old system by the time the Washington Dollar plain edge errors emerged. Now that the Mint has had a chance to get some of the kinks out of the system, the numbers of edge lettering errors that escape the Mint should be vastly reduced.
We may not be seeing any more large-scale edge lettering related error problems, now that the Mint has integrated the edge lettering step into the overall production-line work-flow process. According to U.S. Mint Director Ed Moy, speaking at the Mint's Coin Collectors Forum held at the ANA World's Fair of Money convention in Milwaukee last month, the Mint made some changes to the production process when large numbers of plain edge Washington Dollars emerged. The reason we also saw edge lettering problems on the Adams Dollars was that 40% of the Adams Dollars had already been produced under the old system by the time the Washington Dollar plain edge errors emerged. Now that the Mint has had a chance to get some of the kinks out of the system, the numbers of edge lettering errors that escape the Mint should be vastly reduced.
Comments
tell me more about the jefferson pesident coin plain edge more have been seen around the midwest reported by coin world publication.