From: http://coinworld.com/
The United States Mint issued a statement just before noon on Feb. 4 indicating that it has no evidence that 2008-P Monroe dollar coins struck on quarter dollar planchets will reach circulation.
The statement said: "In mid-January, the United States Mint's coin-wrapping contractor alerted the agency when it found some irregular James Monroe Presidential $1 coins. The coins in question were immediately returned to the United States Mint. The United States Mint has performed an internal inquiry and presently has no evidence to indicate that any irregular James Monroe Presidential $1 coins have been sent to the nation's banks. The United States Mint expects to make an estimated 103 million James Monroe Presidential $1 Coins."
Coin World's Feb. 18 issue, which entered the U.S. mail as of 8 a.m. Feb. 4, reports reliable sources have indicated that a large quantity of the wrong-planchet errors – possibly as many as 70,000 to 140,000 – were struck and may be in distribution channels and could enter circulation on the release date of Feb. 14.
So be on the lookout!
