American Innovation $1 Coin Program

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American Innovation One Dollar Coin
United States
Value1 U.S. dollar
Mass8.100 g (0.26  troy oz)
Diameter26.49 mm (1.043 in)
Thickness2.00 mm (0.0787 in)
EdgeEngraved: text "E pluribus unum", the coin's mint mark, its year of issuance, and 13 five-pointed stars
CompositionCopper with manganese brass cladding:
88.5% Cu
6% Zn
3.5% Mn
2% Ni
Years of minting2018–2032
Catalog number-
Obverse
2018-american-innovation-one-dollar-proof-coin-obverse.jpg
Design Statue of Liberty
DesignerJustin Kunz
Design date2018
Reverse
2018-american-innovation-one-dollar-proof-coin-reverse.jpg
DesignVarious, four designs per year starting 2019
DesignerVarious
Design date2018

The American Innovation $1 Coin Program is a series of dollar coins created by the United States Mint beginning in 2018 and scheduled to run through 2032.

Dollar coin (United States) One dollar coins issued by the United States

The dollar coin is a United States coin with a face value of one United States dollar. It is the second largest U.S. coin currently minted for circulation in terms of physical size, with a diameter of 1.043 inches (26.5 mm) and a thickness of .079 inches (2 mm), coming second to the half dollar. Dollar coins have been minted in the United States in gold, silver, and base metal versions. Dollar coins were first minted in the United States in 1794. The term silver dollar is often used for any large white metal coin issued by the United States with a face value of one dollar, whether or not it contains some of that metal. While true gold dollars are no longer minted, the Sacagawea, Presidential, and American Innovation dollars are sometimes referred to as golden dollars due to their color.

United States Mint Produces circulating coinage for the United States

The United States Mint is a unit of the Department of Treasury responsible for producing coinage for the United States to conduct its trade and commerce, as well as controlling the movement of bullion. It does not produce paper money; that responsibility belongs to the Bureau of Engraving and Printing. The Mint was created in Philadelphia in 1792, and soon joined by other centers, whose coins were identified by their own mint marks. There are currently four active coin-producing mints: Philadelphia, Denver, San Francisco, and West Point.

Contents

History

Legislation authorizing the program was approved by the United States Senate on June 20, 2018, amending an earlier House bill, and the Senate-amended bill was approved by the U.S. House of Representatives on June 27, 2018. [1] [2] It was signed into law by President Donald Trump on July 18, 2018. [3] The program was officially launched on December 14, 2018, with the release of a special introductory coin commemorating George Washington's signing the first American patent into law. However, these coins are not being released into circulation, and are only available at a premium in bags and rolls directly from the United States Mint. Uncirculated issues will bear either the "P" or "D" mint mark signifying its mintage at the Philadelphia Mint or Denver Mint respectively. Proof coins struck for collectors will bear the "S" mint mark signifying its mintage at the San Francisco Mint.

United States Senate Upper house of the United States Congress

The United States Senate is the upper chamber of the United States Congress which, along with the United States House of Representatives—the lower chamber—comprises the legislature of the United States. The Senate chamber is located in the north wing of the Capitol Building, in Washington, D.C.

United States House of Representatives lower house of the United States Congress

The United States House of Representatives is the lower house of the United States Congress, the Senate being the upper house. Together they compose the national legislature of the United States.

Donald Trump 45th and current president of the United States

Donald John Trump is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality.

Four new coins will be released each year "celebrating innovations and innovators" from each of the fifty states, the District of Columbia, and the five U.S. territories (Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands, and the Northern Mariana Islands). [4] All coins issued through this program will have the same obverse design showing the Statue of Liberty, and will contain the words: "In God We Trust" and "$1". [5]

Washington, D.C. Capital of the United States

Washington, D.C., formally the District of Columbia and commonly referred to as Washington or D.C., is the capital of the United States. Founded after the American Revolution as the seat of government of the newly independent country, Washington was named after George Washington, the first president of the United States and a Founding Father. As the seat of the United States federal government and several international organizations, Washington is an important world political capital. The city is also one of the most visited cities in the world, with more than 20 million tourists annually.

Puerto Rico Unincorporated territory of the United States

Puerto Rico, officially the Commonwealth of Puerto Rico and briefly called Porto Rico, is an unincorporated territory of the United States located in the northeast Caribbean Sea, approximately 1,000 miles (1,600 km) southeast of Miami, Florida.

Guam Island territory of the United States of America

Guam is an unincorporated and organized territory of the United States in Micronesia in the western Pacific Ocean. It is the westernmost point and territory of the United States, along with the Northern Mariana Islands. The capital city of Guam is Hagåtña and the most populous city is Dededo. The inhabitants of Guam are called Guamanians, and they are American citizens by birth. Indigenous Guamanians are the Chamorros, who are related to other Austronesian natives of Eastern Indonesia, the Philippines, and Taiwan. Guam has been a member of the Pacific Community since 1983.

Coin designs

Coins will be issued depicting designs which symbolize quintessentially American traits—the willingness to explore, to discover, and to create one’s own destiny. The program showcases an innovation, innovator or group of innovators from each State or territory in uncirculated and proof finishes.

YearNo.JurisdictionFeatureDesignElements depictedRelease dateMintage
PhiladelphiaDenverSan Francisco
ProofReverse proof
20181Introductory First patent [6] 2018-american-innovation-one-dollar-proof-coin-reverse.jpg Introductory Design

Signature of George Washington

December 14, 2018TBATBATBATBA
20192 Delaware TBATBATBATBD 2019TBATBATBATBA
3 Pennsylvania TBATBATBATBD 2019TBATBATBATBA
4 New Jersey TBATBATBATBD 2019TBATBATBATBA
5 Georgia TBATBATBATBD 2019TBATBATBATBA
20206 Connecticut TBATBATBATBD 2020TBATBATBATBA
7 Massachusetts TBATBATBATBD 2020TBATBATBATBA
8 Maryland TBATBATBATBD 2020TBATBATBATBA
9 South Carolina TBATBATBATBD 2020TBATBATBATBA
202110 New Hampshire TBATBATBATBD 2021TBATBATBATBA
11 Virginia TBATBATBATBD 2021TBATBATBATBA
12 New York TBATBATBATBD 2021TBATBATBATBA
13 North Carolina TBATBATBATBD 2021TBATBATBATBA
202214 Rhode Island TBATBATBATBD 2022TBATBATBATBA
15 Vermont TBATBATBATBD 2022TBATBATBATBA
16 Kentucky TBATBATBATBD 2022TBATBATBATBA
17 Tennessee TBATBATBATBD 2022TBATBATBATBA
202318 Ohio TBATBATBATBD 2023TBATBATBATBA
19 Louisiana TBATBATBATBD 2023TBATBATBATBA
20 Indiana TBATBATBATBD 2023TBATBATBATBA
21 Mississippi TBATBATBATBD 2023TBATBATBATBA
202422 Illinois TBATBATBATBD 2024TBATBATBATBA
23 Alabama TBATBATBATBD 2024TBATBATBATBA
24 Maine TBATBATBATBD 2024TBATBATBATBA
25 Missouri TBATBATBATBD 2024TBATBATBATBA
202526 Arkansas TBATBATBATBD 2025TBATBATBATBA
27 Michigan TBATBATBATBD 2025TBATBATBATBA
28 Florida TBATBATBATBD 2025TBATBATBATBA
29 Texas TBATBATBATBD 2025TBATBATBATBA
202630 Iowa TBATBATBATBD 2026TBATBATBATBA
31 Wisconsin TBATBATBATBD 2026TBATBATBATBA
32 California TBATBATBATBD 2026TBATBATBATBA
33 Minnesota TBATBATBATBD 2026TBATBATBATBA
202734 Oregon TBATBATBATBD 2027TBATBATBATBA
35 Kansas TBATBATBATBD 2027TBATBATBATBA
36 West Virginia TBATBATBATBD 2027TBATBATBATBA
37 Nevada TBATBATBATBD 2027TBATBATBATBA
202838 Nebraska TBATBATBATBD 2028TBATBATBATBA
39 Colorado TBATBATBATBD 2028TBATBATBATBA
40 North Dakota TBATBATBATBD 2028TBATBATBATBA
41 South Dakota TBATBATBATBD 2028TBATBATBATBA
202942 Montana TBATBATBATBD 2029TBATBATBATBA
43 Washington TBATBATBATBD 2029TBATBATBATBA
44 Idaho TBATBATBATBD 2029TBATBATBATBA
45 Wyoming TBATBATBATBD 2029TBATBATBATBA
203046 Utah TBATBATBATBD 2030TBATBATBATBA
47 Oklahoma TBATBATBATBD 2030TBATBATBATBA
48 New Mexico TBATBATBATBD 2030TBATBATBATBA
49 Arizona TBATBATBATBD 2030TBATBATBATBA
203150 Alaska TBATBATBATBD 2031TBATBATBATBA
51 Hawaii TBATBATBATBD 2031TBATBATBATBA
52 District of Columbia TBATBATBATBD 2031TBATBATBATBA
53 Puerto Rico TBATBATBATBD 2031TBATBATBATBA
203254 Guam TBATBATBATBD 2032TBATBATBATBA
55 American Samoa TBATBATBATBD 2032TBATBATBATBA
56 United States Virgin Islands TBATBATBATBD 2032TBATBATBATBA
57 Northern Mariana Islands TBATBATBATBD 2032TBATBATBATBA

See also

50 State Quarters Series of US coins

The 50 State Quarters Program was the release of a series of circulating commemorative coins by the United States Mint. From 1999 through 2008, it featured unique designs for each of the 50 US states on the reverse of the quarter.

District of Columbia and United States Territories Quarters Series of U.S. coins

The District of Columbia and United States Territories Quarter Program was a one-year coin program of the United States Mint that saw quarters being minted in 2009 to honor the District of Columbia and the unincorporated United States insular areas of Puerto Rico, Guam, United States Virgin Islands, American Samoa, and the Northern Mariana Islands. The islands commonly grouped together as the United States Minor Outlying Islands were not featured, as the law defined the word "territory" as being limited to the areas mentioned above. It followed the completion of the 50 State Quarters program. The coins used the same George Washington obverse as with the quarters of the previous 10 years. The reverse of the quarters featured a design selected by the Mint depicting of the federal district and each territory. Unlike on the 50 State quarters, the motto "E Pluribus Unum" preceded and was the same size as the mint date on the reverse.

America the Beautiful Quarters Series of U.S. coins

The America the Beautiful Quarters are a series of 25-cent pieces (quarters) issued by the United States Mint starting in 2010 and scheduled to continue until at least 2021. The series may be extended at the option of the Secretary of the Treasury, potentially to 2032. The obverse (front) of all the coins depicts George Washington in a modified version of the portrait used for the original 1932 Washington quarter. There will be five new reverse (back) designs each year, each depicting a national park or national site – one from each state, the federal district, and each territory. The program is authorized by the America’s Beautiful National Parks Quarter Dollar Coin Act of 2008.

Related Research Articles

Quarter (United States coin) United States coin

The quarter, short for quarter dollar, is a United States coin worth 25 cents, one-fourth of a dollar. It has a diameter of .955 inch (24.26 mm) and a thickness of .069 inch (1.75 mm). The coin sports the profile of George Washington on its obverse, and its reverse design has changed frequently. It has been produced on and off since 1796 and consistently since 1831.

United States commemorative coins

The United States Mint has minted numerous commemorative coins to commemorate persons, places, events, and institutions since 1848. Many of these coins are not intended for general circulation, but are still legal tender. The mint also produces commemorative medals, which are similar to coins but do not have a face value, and therefore are not legal tender.

American Silver Eagle

The American Silver Eagle is the official silver bullion coin of the United States.

American Gold Eagle

The American Gold Eagle is an official gold bullion coin of the United States. Authorized under the Gold Bullion Coin Act of 1985, it was first released by the United States Mint in 1986. Because the term "eagle" also is the official United States designation for pre-1933 ten dollars gold coins, the weight of the bullion coin is typically used when describing American Gold Eagles to avoid confusion. This is particularly true with the 1/4-oz American Gold Eagle, which has a marked face value of ten dollars.

American Platinum Eagle

The American Platinum Eagle is the official platinum bullion coin of the United States. In 1995, Director of the United States Mint Philip N. Diehl, American Numismatic Association President David L. Ganz, and Platinum Guild International Executive Director Jacques Luben began the legislative process of creating the Platinum Eagle. After over two years of work, the 99.95% fine platinum coins were released by the United States Mint in ​110, ​14, ​12 and 1 troy oz denominations. In late 2008, the fractional denominations were discontinued, leaving only the one ounce denomination. The Platinum Eagle is authorized by the United States Congress, and is backed by the United States Mint for weight, content, and purity.

Sacagawea dollar

The Sacagawea dollar is a United States dollar coin first minted in 2000, although not released for general circulation from 2002 to 2008 and again from 2012 onward due to its general unpopularity with the public and low business demand for the coin. These coins have a copper core clad by manganese brass, giving them a distinctive golden color. The coin features an obverse by Glenna Goodacre. From 2000 to 2008, the reverse featured an eagle design by Thomas D. Rogers. Since 2009, the reverse of the Sacagawea dollar has been changed yearly, with each design in the series depicting a different aspect of Native American cultures.

San Francisco Mint branch of the United States Mint

The San Francisco Mint is a branch of the United States Mint and was opened in 1854 to serve the gold mines of the California Gold Rush. It quickly outgrew its first building and moved into a new one in 1874. This building, the Old United States Mint, also known affectionately as The Granite Lady, is one of the few that survived the great 1906 San Francisco earthquake. It served until 1937, when the present facility was opened.

West Point Mint

The West Point Mint Facility is a U.S. Mint production and depository facility erected in 1937 near the U.S. Military Academy in West Point, New York, United States. Originally it was called the West Point Bullion Depository. At one point it had the highest concentration of silver of any U.S. mint facility, and for 12 years produced circulating pennies. It has since minted mostly commemorative coins and stored gold.

The Artistic Infusion Program (AIP) is a program of the United States Mint, established in 2003, which invites American artists to create designs for U.S. coins and medals, most notably the State Quarters series of coins. The goal of the AIP is to enrich and diversify the design of United States coins and medals by contracting a collection of artists with varying artistic skills and talents.

Library of Congress bimetallic eagle

The Library of Congress bimetallic eagle is a modern U.S. commemorative coin issued in the ten dollar denomination. It is the first gold and platinum bimetallic coin to be issued by the United States Mint. It was issued in proof and business strike qualities.

American Buffalo (coin)

The American Buffalo, also known as a gold buffalo, is a 24-karat bullion coin first offered for sale by the United States Mint on June 22, 2006, and available for shipment beginning on July 13. The coin follows the design of the Indian Head nickel and has gained its nickname from the American Bison on the reverse side of the design. This was the first time ever that the United States Government has minted pure (.9999) 24-karat gold coins for the public. The coin has a legal tender (face) value of US$50. Due to a combination of the coin's popularity and the tremendous increase in the price of gold since its creation the coin's value has increased considerably in a short time of just a few years. The initial 2006 U.S. Mint price of the proof coin was $800. In 2007 the Mint proof coin was $899.95, $1,410.00 in 2009, and $2,010.00 in 2011.

Jamestown 400th Anniversary half eagle

In 2007, the United States Mint released a gold five-dollar commemorative coin which commemorates the 400th year after the founding of Jamestown. Surcharges from the sale of the Jamestown commemorative were donated to Jamestown-Yorktown Foundation of the Commonwealth of Virginia, the Secretary of the Interior and the Association for the Preservation of Virginia Antiquities to support programs that promote the understanding of the legacies of Jamestown.

Kennedy half dollar mintage figures

The Kennedy half dollar is a United States coin that has been minted since 1964. In the first year of production the coins were minted in 90% silver and 10% copper. From 1965 through 1970, the coins were minted in a clad composition of mostly silver outer layers and a mostly copper inner layer. After 1970, the coins are minted in a copper–nickel clad composition. From 1992 to 2018, 90% silver coins were made for inclusion in special "Limited Edition" silver proof sets. Beginning 2019 coins in the special silver proof sets are produced from pure (.9999) silver.

United States Proof Set

The United States Mint Proof Set, commonly known as the Proof Set in the United States, is a set of proof coins sold by the United States Mint. The proof set is popular with coin collectors as it is an affordable way to collect examples of United States coinage in proof condition.

The Leif Ericson Millennium commemorative coins are a series of coins issued by the United States Mint to commemorate the 1,000th anniversary of Leif Ericson's discovery of the Americas.

Korean War Memorial silver dollar

The Korean War Memorial silver dollar is a commemorative silver dollar issued by the United States Mint in 1991. The coin commemorated the 38th anniversary of the end of the Korean War.

The First in Flight Centennial commemorative coins are a series of commemorative coins issued by the United States Mint in 2003. The coins, issued in half dollar, dollar, and eagle ($10) denominations, commemorate the 100th anniversary of the first controlled flight of a powered heavier-than-air aircraft. The coins were authorized by Public Law 105-124.

References

  1. "Legislation for new dollar coin program passes Congress". Coin World. Retrieved 2019-03-11.
  2. Gilkes, Paul (July 16, 2018). "New dollar bill passes: Congress approves innovations coin program". Coin World . pp. 1, 34. OCLC   516356226.
  3. "Actions Overview: H.R.770 - American Innovation $1 Coin Act". United States Congress. 2018. Retrieved 2019-03-11.
  4. "American Innovation $1 Coin Program". United States Mint. Retrieved 11 March 2019.
  5. https://www.usmint.gov/learn/coin-and-medal-programs/american-innovation-dollar-coins
  6. "2018 American Innovation $1 Coin | U.S. Mint". www.usmint.gov. Retrieved 2019-07-03.
Preceded by
Presidential Dollar Coin Program
Dollar coin of the United States
(2018–present)

Concurrent with:

Sacagawea dollar (2000–present)

Succeeded by
Incumbent