New in the United States Mint coin and medals program is the American Innovation $1 Coin Program. Replacing the popular Presidential Dollar Program, this series will issue one coin for each of the 50 States and five U.S. Territories from 2019 through 2032. Each dollar coin will honor an American innovation or innovator. Four coins will be released per year in the order the states were ratified by the Constitution of the United States or admitted to the Union. Territorial Dollar Coins will be released once all 50 states are issued. Each coin will be released from the Philadelphia (P) Mint and Denver (D) Mint with an Uncirculated finish, and the San Francisco (S) Mint in a Proof or Reverse Proof finish.
Starting the program and released in 2018, is a special introductory coin featuring George Washington's signature on the first-ever U.S. issued patent to Samuel Hopkins. Each coin following the special release will feature an inventor or invention from each state and territory on the reverse and inscription edging similar to that of the Presidential Dollar Series with the year, mint mark, and E PLURIBUS UNUM.
2018 Proof Innovation Dollar Coins will ship in a 2x2 coin flip.
Obverse Design: Features the Statue of Liberty, as well as inscriptions $1 and IN GOD WE TRUST.
Reverse Design: Depicts President George Washington's signature, an emblematic eagle, stylized gears symbolizing innovation and industry, as well as inscriptions UNITED STATES OF AMERICA, AMERICAN INNOVATORS, and SIGNED FIRST PATENT.
EDGE INSCRIPTION: 2018, S Mint Mark, and E PLURIBUS UNUM.
Over 6 million patents have been issued in the United States since the first one was bestowed on Samuel Hopkins on July 21, 1790. The patent was issued for the process of producing potash and pearlash. The former is an ingredient used in fertilizer, while the latter is a byproduct of producing potash. The patent, as well as all issued since, can be viewed at the Department of Commerce's United States Patent and Trademark Office website.
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