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In God-less We Profit

Not quote sure how a glitch like this gets through, but … Some owners of the recently released George Washington Presidential coins unwittingly got a little more bang for…

Not quote sure how a glitch like this gets through, but …

Some owners of the recently released George Washington Presidential coins unwittingly got a little more bang for their buck – and they have God to thank.

Due to a glitch that still has federal officials befuddled, the U.S. Mint produced thousands of the new $1 coins without the “In God We Trust” inscription traditional on all its money.

The coins also are missing the “E Pluribus Unum” inscription, as well as a mint mark indicating whether they were produced in Philadelphia or Denver. Also, the coins are missing edge inscriptions specially made for the new dollar.

It’s suspected about 50,000 of the Godless coins entered circulation; the Mint printed 300 million of the George Washingtons total, the vast majority of which were appropriately Trustful.

The lack of inscriptions makes the coins, of course, rare. Which means they’re worth a bit more for the dollar.

Sharp-eyed consumers who spotted the glitch and had the good fortune to put the god-less coins up for sale on the Internet fetched hundreds of dollars for each coin. The going price was about $200 on eBay late Wednesday afternoon.

A case where I can whole-heartedly support keeping an eye out for the God-less.

(via J-Walk)

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