Abstract: A low-cost, high precision encoder system includes a codewheel and two encoder sensors mounted at opposite sides of the codewheel to form a dual sensor system having a corrected output that corrects for eccentricity in the mounting of the codewheel and the sensors. The encoder system has a correction circuit that provides a corrected output based on inputs received from the two encoder sensors, which can be single or multiple channel encoders. Methods for achieving the corrected output signal include measuring a time between a signal from the first encoder and a signal from the second encoder and halving this time. Methods for identifying a leading signal from the two sensors are also provided.