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In a remarkable turn of events, a rare Sacagawea dollar coin featuring a unique minting error has been appraised at an astounding $2.1 million.
This coin, known as the 2000-P Sacagawea Dollar Mule, showcases one of the most significant and valuable error coins in U.S. numismatic history.
What Is a Mule Coin?
A mule coin occurs when two different dies—intended for separate coin types—are mistakenly paired together during the minting process. This results in a coin that features mismatched designs on its obverse (front) and reverse (back) sides.
The 2000-P Sacagawea Dollar Mule is a prime example, combining the obverse of a Washington quarter with the reverse of a Sacagawea dollar.
The Minting Error: How It Happened
In late April to early May 2000, the U.S. Mint inadvertently used a Washington quarter die to strike the obverse of a Sacagawea dollar planchet.
This error occurred due to the replacement of a cracked Sacagawea obverse die with the Washington quarter die.
The result was a coin with the portrait of George Washington on the front and the soaring eagle design of the Sacagawea dollar on the back.
Discovery and Authentication
The first known specimen of this mule error was discovered in May 2000 in Mountain Home, Arkansas. Following its discovery, the coin was sent to the U.S. Mint for authentication.
In July 2000, the Mint confirmed the coin as a legitimate error, marking it as one of the first authentic mule coins to be released into circulation by the U.S. Mint.
Rarity and Value
As of now, only 19 examples of the 2000-P Sacagawea Dollar Mule are known to exist. Of these, 16 are owned by a private collector, Tommy Bolack. The rarity and unique nature of this coin have significantly contributed to its high valuation.
In 2022, one such coin sold for $66,000, and its value has only appreciated since then, culminating in the recent $2.1 million appraisal.
Key Details of the 2000-P Sacagawea Dollar Mule
| Feature | Details |
|---|---|
| Obverse Design | George Washington (from a state quarter) |
| Reverse Design | Soaring eagle (Sacagawea dollar) |
| Mint Mark | P (Philadelphia) |
| Material | Manganese bronze planchet |
| Known Examples | 19 |
| First Discovered | May 2000, Mountain Home, Arkansas |
| Authentication | Confirmed by U.S. Mint in July 2000 |
| Recent Valuation | $2.1 million (October 2025) |
How to Identify a Sacagawea Dollar Mule
To identify a 2000-P Sacagawea Dollar Mule, examine the coin for the following features:
- Obverse Side: Look for the portrait of George Washington, which is characteristic of a state quarter.
- Reverse Side: Check for the soaring eagle design, which is unique to the Sacagawea dollar.
- Edge: The coin should have a plain edge, consistent with Sacagawea dollars minted in 2000.
- Mint Mark: Ensure the mint mark “P” is present, indicating it was minted in Philadelphia.
Why This Coin Is So Valuable
The immense value of the 2000-P Sacagawea Dollar Mule stems from several factors:
- Rarity: With only 19 known examples, the coin is exceptionally rare.
- Historical Significance: It represents a significant error in the U.S. Minting process.
- Collector Demand: The unique nature of the coin makes it highly sought after by collectors.
- Condition: Coins in better condition, such as those graded MS-66 or higher, fetch higher prices.
Preservation and Care
If you possess a Sacagawea dollar that you suspect may be a mule error, it’s crucial to handle it with care to preserve its condition:
- Avoid Cleaning: Cleaning can damage the coin and reduce its value.
- Proper Storage: Store the coin in a protective holder to prevent physical damage.
- Professional Grading: Consider having the coin professionally graded to authenticate its condition and value.
The discovery of the 2000-P Sacagawea Dollar Mule coin, valued at $2.1 million, underscores the fascinating world of coin collecting and the significant impact of minting errors. Its rarity and unique design make it a coveted piece for collectors and a testament to the intricate processes behind coin production.
If you’re fortunate enough to possess such a coin, it’s advisable to have it professionally authenticated and preserved to maintain its value.
FAQs
How can I tell if my Sacagawea dollar is a mule coin?
A mule coin will have the obverse of a Washington quarter and the reverse of a Sacagawea dollar.
Are there other valuable Sacagawea dollar errors?
Yes, other errors include missing edge lettering and coins struck on incorrect planchets.
Where can I sell a rare Sacagawea dollar coin?
Rare coins can be sold through reputable auction houses, coin dealers, or specialized online platforms.