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Friday, 22 November 2019

1146) "American Innovation $1 Coin Programme": Fourth Coin in Coin Programme which commenced in 2018 represents the State of New Jersey and features an Edison light bulb: Coin issue Date: 11/2019:

1146) "American Innovation $1 Coin Programme": Fourth Coin in Coin Programme which commenced in 2018 represents the State of New Jersey and features an Edison light bulb: Coin issue Date: 11/2019:

The US Mint's "American Innovation $1 Coin Programme" is a multi-year Coin Programme/Series honouring Innovation and Innovators with $1 coins from each State, District of Columbia, Puerto Rico, Guam, American Samoa, US Virgin Islands and Northern Mariana Islands. The coins issued under this Coin Series will  be released over a 14-year period.

Under the Coin Programme, each of these States or Territories is required to identify concepts emblematic of an innovation, an innovator, or a group of innovators unique to that location and significant to the country's progress.

The final designs to be struck on the State or Territory's representative coins will be decided by the Secretary of the Treasury.

Interestingly, no new dollar coins are officially placed into general circulation. The last dollar coins placed in circulation were the 2011 James A. Garfield dollars released under the Presidential Dollar Programme, particularly because of the large inventory of dollar coins held in Federal Reserve vaults, with demand for dollar coins being abysmally low among users.

The New Jersey Coin:

The Reverse of the $1 Coin shown against a background image of Thomas A. Edison, the developer/inventor of the electric light bulb


New Jersey is the third of the States and fourth coin in the Series to be highlighted in the American Innovation $1 Coin Programme, with the release of this coin.

The coin is being made available in four options - A 25-Coin Roll (both from the Philadelphia "P" & Denver "D" Mints) and a 100 Coin Bag (from both the mints - "P" and "D").

                                      The New Jersey $1 Coin

The Reverse of the New Jersey $1 Coin features an electric light bulb, developed by Thomas Edison and his team of researchers in New Jersey. 

 This face depicts an Edison bulb against an ornate background.

 The inscriptions are - 'UNITED STATES OF AMERICA'(on the upper periphery) and "NEW JERSEY" (on the lower periphery).

 The advent of commercially manufactured light bulbs gave people easy control over light in homes and businesses, which drastically changed infrastructure, business and society by allowing work and social activities to occur regardless of the time of day.

 The Obverse of the $1 Coin features a dramatic representation of the Statue of Liberty in profile, facing left, which is common to all the coins i9ssued under this Series.

 The inscriptions are - the motto "IN GOD WE TRUST" and "$1". The design on this face also carries a privy mark of a stylised gear, representing industry and innovation.

 Edge Inscriptions: The Edge-incused inscriptions are "2019", mint mark ("P" or "D") and the motto "E.PLURIBUS UNUM" (meaning "One Out of Many").

 The specifications of this Coin are:

 Denomination: $1 or One Dollar; Metal Composition: Copper - 88.5%, Zinc - 6%, Manganese - 3.5%, Nickel - 2%; Weight: 8.1 grams; Diameter/Size: 1.043 inches (or 26.49 mm); Edge: Lettered; Coin Quality: Uncirculated; Mints and Mint Marks: Philadelphia "P" and Denver "D"; Year of issue: 2019.

 Dollar Coins featuring "American Innovations" from one more State is scheduled to be released later this month by the US Mint. The coins representing Delaware, Pennsylvania and New Jersey have been issued, while the coin from Georgia is also scheduled to be released in 2019.






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