Herman Eagle knows his blank gold dollar coin isnt worth $100,000.He knows hes not as lucky as that guy in Arkansas who found a
gold dollar with George Washington printed on it instead of the Indian. First time that
has happened in the 208-year history of the U.S. Mint, which is why its worth so
much.
Herman Eagle knows his gold dollar isnt worth
anything like that. It isnt a misprint. Its noprint. A blank. But what might a
blank be worth?
Would you believe $20? Maybe even $25?
Years from now, when his grandkids get old enough to
realize Paw Paws been buying them gold dollars, it might be worth more, but, on the
other hand, if the machines miss a lot more, well, it will always be a good story.
Herman got the blank when he bought 10 gold $1 coins from
Fidelity Bank in front of Salisbury Mall.
I handed all of them to my wife at the same
time, he says, and she was counting them, and as she counted them, she noticed
one wasnt stamped, and she said, You gave me a blank.
He took a look.
It was blank all right, so he called the bank when he got
home, and told the teller.
And she said, Bring it back. But I
didnt bring it back. Im not going to bring it back. Im going to keep
it.
Not that hes a coin collector.
But hes got two grandsons Morgan, who was born
in 1998, and Joshua, who was born just four months ago, both sons of Bonnie and David
Stiller and he and his wife, Catherine, have been saving all the quarters they get
that were made in 1998 and 2000, their birth years.
And when they came out with this golden dollar ...
OK, he says, I spoil the grandkids.
But theyre not old enough to know hes doing it,
and he doesnt go out of his way. He just gets things he runs across to keep for them
when theyre old enough to understand.
And he and Catherine have hung onto a few other coins
through the years first, three silver dollars Catherines mother, Minnie
Baity, left her when she died. Ones an Eisenhower dollar made in 1971 but the other
two have a little age on them. Ones dated 1888 and the other, 1889.
And a John F. Kennedy silver dollar. And a pickle jug half
full of quarters.
We bought a microwave with the quarters one time. I
drop them in when I come in at night. Now he saves them for Morgan and Joshua.
But Im not a collector. I just look at the
coins when I get them, and if something looks interesting Ikeep it. He doesnt
buy any coins.
But he got his daughter two Princess Diana coins from a man
who came over from England and helped him set up a machine at Kern Rubber Co. when he was
maintenance supervisor there. He worked for Kern Rubber for 27 years before he retired.
And hes got some wheat pennies and some
of those old lead pennies the government gave out during World War II, when copper went to
war, and some foreign coins. Just interesting coins, waiting for the grandchildren in a
safe deposit box.
And hes got a story about a $20 gold piece that
belonged to his uncle, William Clifford Eagle.
Just before he died, he showed it to me, and then he
put it back in a little vault he had, but when he died and his children were
settling his estate, the vault was stolen. And that was that for the $20 gold piece
which might be what his blank gold dollar coin is worth now.
But if only a few of the billion gold dollars the U.S. Mint
will turn out this year are blank ...
It could appreciate in value, says Paul Gilkes,
a senior staff writer with Coin World. Blanks get fed into the stamping machinery at the
rate of 550 to 600 a minute, and thats fast. A lot of them could slip through. You
cant figure why people want to collect mistakes, he said, but they do.
Not Herman Eagle.
Hes got one, and if its really worth something
by the time the boys get big, theyll be richer for it. .
If it doesnt, it wont matter. By then his
attention will be focused on something else.
But Im going to hold it for a long time
unless someone comes along and offers me a half a million for it. Then Ill consider
it quickly.