The only confirmed example of 2007-D Sacagawea dollar with Presidential dollar edge lettering instead of the intended plain edge sold for $17,161.10 in a July 15 auction by GreatCollections.
The price realized for the error coin, graded Mint State 62 by Professional Coin Grading Service, included a 10 percent buyer’s fee added to the $15,601 final hammer price. The coin attracted 59 bids from nine different bidders.
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The coin’s discovery in pocket change in 2007 earned Colorado collector Andrew Moores a $10,000 finder’s fee from PCGS for allowing the firm the privilege of authenticating, grading and encapsulating the error.
The 2007-D Sacagawea dollar should have a plain edge, but instead it bears the Presidential dollar inscription of date, Mint mark, and mottoes E PLURIBUS UNUM and IN GOD WE TRUST. All edge elements appear incuse.
Moores’ discovery is still the only known 2007-D Sacagawea dollar bearing the edge device intended strictly for Presidential dollars.
Moores received his $10,000 reward and was able to keep the discovery piece.
GreatCollections officials would not disclose if Moores had consigned his find to the July 15 auction or if he had parted with it in a private transaction sometime after its certification by PCGS.
GreatCollections President Ian Russell said the coin was sold to a private and advanced collector who found out about the coin by reading the article about the auction published in the July 9 issue of Coin World.
The 2007-D Sacagawea dollar with Presidential dollar edge lettering was discovered by Moores in early November 2007. Moores indicated he likely carried the coin in his pocket for two weeks before a friend alerted him to the PCGS U.S. Coins Message Boards where collectors were discussing PCGS’s reward.