The $1 Coin Series set to become a Collecting Phenomenon…
We’ve been admiring US coinage recently and if you’ve read our previous blog detailing the series that half of American collected, you’ll be very excited to hear that starting from 2019, the United States Mint will begin minting and issuing the American Innovation $1 Coin Act – a brand new coin series honouring American innovation.
This latest numismatic programme looks set to follow on from the success and popularity of the US Territories Quarters series mentioned above, which not only kick started coin collecting in America, but worldwide!
Each coin represents its own state and will be released in the order that its respective state was ratified in the Constitution of the United States and admitted to the Union.
Candidate designs developed for the 2018 American Innovation $1 Coin Program in accordance with the Act that authorized them. Credit: www.usmint.gov
Released over a 14 year period, these coins will all bear an obverse with the Statue of Liberty and the inscriptions of “$1” and “In God We Trust”. The reverse images will be representative of a significant innovation, an innovator/group of innovators from each of the 50 states, the District of Columbia and the territories of the US. The reverse designs will be selected by the Secretary of the Treasury after consultation with each Governor, chief executive and the U.S Commission of Fine Arts.
Most excitingly, the first introductory coin is set to be released later this year! The reverse of this coin will be inscribed with “United States of America” and “American Innovators,” and it will include a representation of President George Washington’s signature on the first U.S. patent.
Following this introductory coin, the rest will be released at a rate of 4 coins per year. Just like the US State Quarters Series, The American $1 coins are expected to rapidly become one of the most widely collected series. But will you be collecting these new US $1 coins? Let us know in the comments below!
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Start collecting US coins today!
2009 District of Columbia and United States Territories Quarters! Credit: usacoinbook.com
Start your very own journey into US coin collecting with the US State Quarters that Half of America Collected…
Can’t wait what a fantastic idea. Designs will be unique. We are avid USA state coin and state park quarter collectors. We have picked up the coin albums to store them in and it’s been great fun hunting them down on our yearly USA trips. Whether we will be able to go for the next 14 years remains the question.
This is so exciting.
That’s fantastic Barbara, they are beautiful coins to collect! And it must be amazing actually hunting them down in the US! Happy collecting.
What a shame that these coins will never see circulation in the US, unlike the fantastic quarters series. These new $1 are causing quite a bit of controversy amongst collectors in the states as the coins will only be produced for sale to collectors and not be released at face value through the banks. The dollar coin sees very little use in the US as people prefer the dollar bill; there are huge stockpiles of unused dollars sitting in US bank vaults, so why produce more. Very disappointing for USA change checkers.
I agree there is no resale value in these unless you have some of the many “error quarters” but a the designs are great and personally I think a nice addition to any collection. That said I don’t be rushing out to get the new dollar set as there are enough of the other dollars and park quarters out there already 🙂
I would love to own the American $1 series to add to my vastly growing collection of coins. I have just placed an order for the American Quarters.
They are lovely coins aren’t they Debra?
I probably won’t be collecting them as the previous set which finished in 2009 cost a small fortune and re-sale value is just a fraction of purchase price not a good investment I think you’ll agree.
I agree there is no resale value in these unless you have some of the many “error quarters” but a the designs are great and personally I think a nice addition to any collection. That said I don’t be rushing out to get the new dollar set as there are enough of the other dollars and park quarters out there already 🙂