$10,000 Reward Offered for Sacagawea Error Dollar Coin

hello coin collectors out there welcome

back to the Big D coins Channel in

today's video we are going to discuss

the fact that PCGS a coin grading agency

reported on the website that they paid

out a ten thousand dollar reward to a

gentleman by the name of Andrew mores of

Lakewood Colorado for submitting the

first known authentic Sacagawea dollar

coin with edge lettering on it

now the Sacagawea dollar coins normally

have a plain edge

despite the coin being minted using the

same plan sheets as the presidential

dollar coins so that $10,000 amount

that's a huge number but it's important

to understand exactly what that coin was

that was submitted because you might

come across some Native American dollar

coins that have edge lettering to it or

you might come across some presidential

dollar coins that have edger lettering

to it but unfortunately these aren't the

coins that you are looking for those

ones that have the edge lettering that I

just described are intentionally should

have the edge lettering so it's

important to differentiate the Sacagawea

dollar coins from the Native American

dollar coins so in 2009 the United

States Mint started making alternating

reverses for the Sacajawea dollar coins

and they changed the name on them from

Sacagawea dollar coins to Native

American dollar coins so if you've got a

reverse that looks like this or that

looks like this or that looks like this

right here these will all have edge

lettering on it and they are supposed to

however if you have a coin that looks

like this right here it should not have

the edge lettering on the reverse now

this also you can tell it by the front

because it has the information that

would be on the edge right there so that

is the date and the mint mark so these

are the coins that are made from 2000

until 2008 now they started making the

Presidential dollar coins in 2007 now

those first presidential dollar coins in

2007 were George Washington John Adams

Thomas Jefferson and James Madison those

coins were made with the same planchet

sand that's why they have the same color

as the Native American dollar as the

Sacagawea dollar coins that were being


2007 so that is why that's kind of the

background to understanding exactly what

coin you want to be looking for that

would improperly have the edge lettering

to it so a coin that looks like this

that has the date on the front and then

this reverse this should not have any

ledge lettering to it I'll flip it over

on its side and it doesn't have any edge

lettering to it however some people have

speculated about this gentleman finding

the coin mainly because he lives in

Lakewood Colorado Lakewood Colorado is

in close proximity to the Denver Mint

and interestingly in 2007 the Denver

Mint didn't strike any Sacagawea dollar

coins intended for circulation and the

guy who found it said that he found it

in circulation so that would mean that

someone would have to take it out of

someone would have to pay a premium for

it and then immediately almost dispose

it back into circulation for this guy to

find it now the conspiracy theories and

the skeptics out there believe that he

might have known someone who worked at

the mint maybe he had a family member or

a friend who somehow manipulated this

coin knowing that he could sell it for a

huge premium because PCGS was

advertising this $10,000 reward for

quite some time so maybe he saw that or

maybe one of his friends saw that that

works at the mint they ran a coin

through and properly gave it to him and

then split the profits however that's

one of the theories it's not no one's

validated that he could have just found

a very lucky Eric coin but once someone

pays once someone actually cracks the

ice and finds one of these coins and

PCGS pays them a huge reward for them

you'll start to see them popping up on

eBay it's a quite an interesting

phenomenon that as soon as someone finds

one coin all of them will start popping

up on eBay however be very skeptical

because a lot of these aren't real

legitimate coins so if you see one on


some of them that are being advertised

now are the faceless dollars those turn

up on eBay a lot and a lot of them are

just blank planchette s-- that people

have come across and they're kind of

advertising those as faceless dollars

but those aren't the authentic coins

that PCGS will actually great now the

way you can tell if it's an authentic

coin is if a coin grading agency has

graded it but by the time it gets graded

than the the premium you would get on

buying it or selling it excuse me for a

lot of money is actually gone

so my advice well if you were going to

buy one of these Aric coins if you think

you come across a great one don't buy it

online buy it at your local coin shop so

then you would have a place to actually

return it to or you would have someone

that's kind of a reputable source in

knowledgeable about grading these coins

alright I also want to introduce some

other coins that are part of the Native

American dollar coins that I think you

might be interested in seeing so we have

this one is the 2010 version right here

we also have the 2009 version right here

and then some of the other ones that

I've got that I think you might enjoy

we've got this one right here which is

the most recent version that's a 2018

some other ones we have the 2013 reverse

right here we have the 2015 reverse

right here and that kind of wraps up my

collection of Native American dollar

coins hopefully you found this video

informative keep your eye out for those

missing edge lettering on the President

on the Secretary of dollar coins that

are dated after 2009 and any of them

that would have edge lettering that are

dated 2000 and 2008 alright everyone

thank you very much for watching this

video if you are into coin collecting

please do check out some of the other

videos on this channel thank you very

much and best of luck coin collecting

out there enjoy