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It's not gold and not minted in 1789. If your coin has a picture of George Washington on the front and the Statue of Liberty on the back, it's a modern brass $1 coin and is part of the new Presidential series. 1789 is the last year Washington served as President. The minting date is 2007 and is incused on the coin's edge. Hundreds of millions were minted so they're just worth $1.

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