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08 Aug 2018

Collectors Take Note! – New $1 "American Innovation" Coin Coming

Coins-United States | ANA Official Post | ANAStaff

By LCC Writing Team

Courtesy of Littleton Coin Company

A new one-dollar coin series is expected to launch early next year.

Initially introduced to Congress in 2016, the American Innovation $1 Coin Act became law Friday, July 20th, with President Donald Trump's signature. The statue received bi-partisan support.

State by state, the new 'American Innovation' Dollar Series will honor American innovations and the pioneering efforts of an individual or of a group. These new dollars will be struck just for collectors, using the same copper-manganese alloy that gives the Presidential dollars their golden hue.

The "innovation dollar" joins recent $1 uncirculated coins such as the Native American dollars – minted after 2011 for the numismatic sales – and the Presidential series, released between 2012-2016. The U.S. Treasury will determine the quantities struck.

The reverse designs will represent specific innovations, innovators, or groups of innovators for each of the 56 states, territories and District of Columbia. The obverse will feature a dramatic likeness of Lady Liberty. The new coin will have edge-incused inscriptions for the year of issuance, mint mark, and the Latin words E PLURIBUS UNUM, in similar fashion to the Presidential and Native American dollar coins.

Comments

This may be a good thing to watch forget may even be popular, but as in the past, dollar coins have failed.

Jonas's Coins

Level 5

I might buy a few of these, it depends on if the designs are any good. I like the large size dollars. If they are not for circulation, why do they have to be the small size? Return to large dollars.

Kepi

Level 6

Another crazy set from the Mint that nobody will want... ; )

Longstrider

Level 6

I'd like to see the mint"Innovate" something we collectors would enjoy and collect. As Mike says, I haven't seen it so no comments on it, just this rant. What is it, a 14 year run? Are you kidding me.. Clad? No offense clad collectors. There are some beauties out there. It doesn't sound like this will be one. Better shut up now..

World_Coin_Nut

Level 5

I can't see myself purchasing these. However, I do have some interest in the new Presidential medal series. The first 2 designs seem to be ok.

Yet another drawn out series of dollar coins strung out for the collector. I'll never understand why the mint goes for the one coin nobody likes: mini dollars. Coinweek had a recent story about this series, and seems to have gotten it right when they said this legislation was rushed, and the coin designs will suffer for it. I like the current Native American dollars because it features a good obverse and the reverse changes every year (the proof are very nice) but that's about it. The presidential series has proved to be a debacle and has just about dropped off the map. I wish they would just focus on better commemoratives not to mention actual circulating issues. And if anybody is going to throw out another new dollar, make sure they're on board, not to mention the vending industry.

Mike

Level 7

I will be long gone thank the Lord when this beauty of a set is done. How many years is it going to take? Plus the other long set will be out also. I cannot make an opinion on this set we haven't seen that many pictures. I have seen the silver set of the presidents they might do better. But only time will tell.

Mike

Level 7

I will be long gone thank the Lord when this beauty of a set is done. How many years is it going to take? Plus the other long set will be out also. I cannot make an opinion on this set we haven't seen that many pictures. I have seen the silver set of the presidents they might do better. But only time will tell.

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