By LCC Writing Team
Courtesy of Littleton Coin Company
A new one-dollar coin series is expected to launch early next year.
Initially introduced to Congress in 2016, the American Innovation $1 Coin Act became law Friday, July 20th, with President Donald Trump's signature. The statue received bi-partisan support.
State by state, the new 'American Innovation' Dollar Series will honor American innovations and the pioneering efforts of an individual or of a group. These new dollars will be struck just for collectors, using the same copper-manganese alloy that gives the Presidential dollars their golden hue.
The "innovation dollar" joins recent $1 uncirculated coins such as the Native American dollars – minted after 2011 for the numismatic sales – and the Presidential series, released between 2012-2016. The U.S. Treasury will determine the quantities struck.
The reverse designs will represent specific innovations, innovators, or groups of innovators for each of the 56 states, territories and District of Columbia. The obverse will feature a dramatic likeness of Lady Liberty. The new coin will have edge-incused inscriptions for the year of issuance, mint mark, and the Latin words E PLURIBUS UNUM, in similar fashion to the Presidential and Native American dollar coins.