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Sunday, 28 January 2024

3169) "American Innovation $1 Coin Programme", USA: The first Coin issued in the 2024 Coin issue programme under this series, (which commenced in 2018) represents American Innovations (or Innovators) from the State of Illinois: Date/Year of Coin issue: 01/2024:

3169) "American Innovation $1 Coin Programme", USA: The first Coin issued in the 2024 Coin issue programme under this series, (which commenced in 2018) represents American Innovations (or Innovators) from the State of Illinois: Date/Year of Coin issue: 01/2024:

The US Mint's "American Innovation $1 Coin Programme" is a multi-year Coin 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 57 coins under this Coin Series will be released over a 14-year period (2018-2032).

Introduced in 2018, the American Innovation $1 Coin Programme is a multi-year series featuring distinctive Reverse (tails) designs that highlight America’s ingenuity and celebrate the pioneering efforts of individuals or groups from all 50 states, the District of Columbia, and the U.S. Territories.

The coins are being issued in the order in which each State ratified the Constitution of the United States or was admitted to the Union. 

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. These dollars will be minted alongside the US Mint's on-going series of $1 coins honouring Native American tribes and individuals.

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's vaults, with demand for dollar coins being abysmally low among users.United States Mint opens sales for Illinois American Innovation $1 coin products on January 25

American Innovation Dollar Coin - Illinois:

The United States Mint (Mint) will open sales for rolls and bags containing the first American Innovation $1 coin of 2024 on January 25 at noon EDT. 

The Reverse (tails) design of the coins in these products celebrates innovation from the State of Illinois. 

In 1833, John Lane Sr., a blacksmith, built from an old sawblade what is recognize today as a steel plow, a first of its kind. This American Innovation Coin recognises this major achievement.

The Illinois American Innovation $1 coin Reverse features a large steel plow blade affixed to a right-handed beam and braces. Behind the plow is a stand of Big Bluestem prairie grass and a field of soil below. 

Inscriptions are “UNITED STATES OF AMERICA,” “STEEL PLOW,” and “ILLINOIS.”

United States Mint Artistic Infusion Program (AIP) Designer Beth Zaiken created the reverse design, which United States Mint Medallic Artist Renata Gordon sculpted.

The Obverse (heads) of all coins in this series features a dramatic representation of the Statue of Liberty in profile with the inscriptions “IN GOD WE TRUST” and “$1.” 

The design also includes a privy mark of a stylized gear, representing industry and innovation. AIP Designer Justin Kunz created the design, which Mint Medallic Artist Phebe Hemphill sculpted.

Incused on the coin’s edge are “2024,” the mint mark, and “E PLURIBUS UNUM.”

A representative image of an incused edge inscription on a coin issued in 2018.

SPECIFICATIONS:

Denomination: $1 Coin

Metal Composition: 6% zinc, 3.5% manganese, 2% nickel, balance copper.

Weight: 8.100 grams

Diameter/Size: 1.043 inches (26.49 mm)

Edge: Lettered

Mint and Mint Mark: Philadelphia-"P" and Denver-"D"

Privy Mark: Stylized gear





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