Celebrating invention and ingenuity from the states of Illinois, Alabama, Maine and Missouri, the United States Mint today released its 2024 American Innovation $1 Coin Proof Set™.
Found within the set are four proof quality coins from U.S. Mint’s facility in San Francisco, representing this year’s releases in the Mint’s American Innovation Program. Proof coins are noted for their distinct sharp reliefs, mirror-like backgrounds, and frosted foregrounds, which create a unique cameo effect.
The design themes for the four coins within the set include:
- Illinois $1 Coin – depicting the steel plow
- Alabama $1 Coin – showcasing the Saturn V rocket
- Maine $1 Coin – depicting the direct current defibrillator
- Missouri $1 Coin – honoring George Washington Carver
All the coins appear together in one protective lens.
Innovation $1 Coin Specifications
| Denomination: | $1 coin |
| Finish: | Proof |
| Composition: | 6% zinc, 3.5% manganese, 2% nickel, balance copper |
| Weight: | 8.100 grams |
| Diameter: | 1.043 inches (26.49 mm) |
| Edge: | Lettered |
| Mint and Mint Mark: | San Francisco – S |
| Privy Mark: | Gear |
The U.S. Mint’s Innovation series began in 2018 with the issuance of a single coin. This coin featured George Washington’s signature, commemorating his role as the first U.S. President who signed the first U.S. patent.
Since then, the program has seen four new strikes annually, each honoring American invention and ingenuity. The program is scheduled to conclude in 2032 with a total of fifty-six coins, each celebrating a different subject from each U.S. state, the five U.S. territories, and the initial release featuring George Washington’s signature.
The latest dollars are also issued as a part of other numismatic products for 2024, such as in annual sets and in rolls and bags, like releases of the Illinois dollar on Jan. 25, the Alabama $1 coin on April 8, the Maine dollar on May 16, and the Missouri $1 coin on July 18.
Ordering and Price
2024 American Innovation $1 Coin Proof Sets are available directly from the U.S. Mint via its online store for American Innovation products, priced $24.
Initial household order limits of five have been established, with an overall product mintage of 99,792.
A reverse proof set of the dollars is scheduled for release this fall.
Major D said in previous thread re: 2024 Native American $1’s: “Actually, your number is off 190K because the Unc set has both P&D. That said, note that the mintage limit is “none”– and production totals are only through May 2024–last one I saw anyways: U.S. Mint Produces 396 Million Coins for Circulation in May (coinnews.net). The mintage limits for P&D could ultimately exceed the total of the product limits. But I do not expect the Mint to be making any more of these.”
Thanks Major D for the attention to detail & correction! So an additional 190K NA $1 coins added to the 2,159,250 total(possible) gives us a grand total of 2,349,250 NA $1 coins. However they have only produced(show) 2.24 million, which means, if the USM were to produce the maximum number of products, they currently are short 109,350, 2024 NA $1 coins. Deductive reasoning says they have or will produce less than the announced product limits. I agree, in that I do not think they will produce additional coins to make up for the shortage. Now, how do you decide which… Read more »
Maybe the extra ’23 & ’24 NA coins are stored next to the 70 Million extra ’23 & ’24 circulation quality Kennedy half dollars that are left over from the sets, rolls, & bags? Perhaps to age and tone gracefully, naturally in “depository institutions” purposely so for decades to come?..
In 100 years they’ll just open up the vaults, have the GSA package & slab them up all fancy-like, and auction them off to the public for $100 for the ‘Vintage’ $1 coins, and the ‘rare’ 50C pieces for $1000 each?!
That would be spectacular! And full circle…..
And then the epiphany… An amount or source, we are not “privy” to, is the number of coins, that may or may not be sold, via the Authorized Bulk Purchase Program(ABPP)? Which could explain, the No “Mintage Limit”? 140,000 $1 coins per bulk bag. Based on mintage so far, no bulk bags of 2024 NA 1’s were ordered or issued/produced for that purpose.
How many bags would it take to hold the extra 70 million 2023-24 circulation Kennedy’s out there somewhere??
The modern day “Bland-Allison Act of 1878”?. Well that’s a stretch on my end, but still…
Some similarities to be sure, including the requirement that the Treasury ‘purchase’ minted money for the sake of job security…
Only one bag required if you borrow the one Santa used as his sled’s Christmas gift sack in the movie The Polar Express.
I wonder, are the names of the ABPP members still kept secret? If so, that adds a whole other dimension to the potential mischief the Mint can get itself involved in under the auspices of that operation.
all fancy like Applebee’s on a date night
Absolutely!
I’ll take my default favorite. The Quesadilla Burger & fries…
Funny. That was my hangout of choice thanks to its relaxed and welcoming atmosphere upon re-entering the dating world over 35 years ago as I was divorcing my first spouse.
Dust gathering with $100,000,000.00 in Prez dollars
Maybe that’s the contemporary meaning of “the buck stops there”.
One other thing is that 1.12 million could be 1,120,000 but it could also be any number between 1,115,000 and 1,124,999 due to rounding. Since dealing with two production numbers (1.12 million P + 1.12 million D) means the total could be off in the range of +/- 10,000. You just don’t know. You can only be as accurate as the lowest number of significant digits.
Ouch, Major D, I do believe my headache just got a headache!
LOL Kaiser, thanks, hahaha…:)
Mares eat oats and does eat oats and little lambs eat ivy, a kid’ll eat ivy too, wouldn’t you?
You’re quite welcome, CaliSkier; always my pleasure.
For what it’s worth (not a lot, I know) here’s the updated AI$ sales tally through the 7-28-2024 sales report. Yellow means available to “Add to Bag”. In the case of the 2022 VT- P, it’s only available through ornaments.
Major D,
What a innovative idea you’ve unveiled here. When the Mint is entirely out of all other iterations of a specific coin the go-to source would of course be the Christmas ornament version. Just pop the item in question right out of its holder!
2024’Kennedy half dollar 2-roll sets are down to 87 available. There were 95 available last evening at midnight.
CaliSkier,
Where are we getting these availability numbers these days? I thought we lost this ability.
Well, as many of you know, I seem to have bad luck here and there. Seems like Murphy’s Law is using me as an a example, lol! Well, I just had another “thing” happen to me. I purchased a gold coin off EBay for $4,890.66 last week. I was notified today by eBay that that person, had accessed an EBay account that was unauthorized and this person, a third party, defrauded ebay members so do not have any contact with that person. If you have purchased or sold to that person, you will need to file a Dispute against the… Read more »
That’s a bummer AKBob! Even $50 bucks is too much to let go imo.. I have never truly hated anything or anyone, well, except that time I was forced to eat cow tongue, but that’s a whole different story right there!? But fraudsters trying/taking your hard earned money? That takes the cake right there man, hate ’em. From the amount you put out–I’m guessing a 2023-W Gold Liberty First Strike, or a 2021-W in OGP? Maybe not, and it’s a really nice pre-33 Double Eagle. You don’t need to tell me either.. Next time Bob, more fish in the sea!.… Read more »
2021 was it. You’re right! Thx, I am with you, I HATE thieves! I’ve passed on really good deals from guys selling Guns, stereos, etc., years ago and I never bought them because I knew in “my gut” it was probably stolen (Hot)!!! We do work very hard for what little we have and to have someone steal or do fraudulent things to rip you off, that’s just WRONG!! I’ll get my money back (hopefully) AND keep you all updated as I hear/get more info. Thx to all!
AKBob, thanks for sharing your experience. I know it was a PITA, however Kudos to you for your perseverance in continuing to struggle through the steps necessary, in order to not, “be on the hook” for that $4,900! Believe it or not this exercise will more than likely benefit you or others in some way. I completely understand your frustration and the fact, that you and your wife being inexperienced with the latest and “greatest” technology, as well as having rural living as another obstacle, it can be very taxing and frustrating to say the least. Great work, fighting and… Read more »
Sorry to hear, AKBob. I’m hoping that between eBay and PayPal or your credit card, you’ll have fraud protection and will get your money back.
✅ Me too!
Major D, thank you Sir!!
AKBob, I hope the first thing you did was to verify the Ebay message was legitimately from Ebay. It is starting out like an impostor scam.
Good point, Kia99! You’ve got to be on-guard for those, too.
“Impostor Scam” one of the most common internet scams, in which a crook poses as a trusted institution, ie a bank, business, financial entity, and tells you there is a problem with your account. They tells you to log onto your account and provides an email link. Unfortunately the link goes to a fake, look-a-like site and when you log in, you end up giving away your logon credentials to the crooks.
It was from a legit Ebayer. eBay told me it was accesed by a unauthorized third party person doing fraud to eBay members. So they know who it is. It’s a “thing” to get this taken care of. I thot it would be an easy “thing” but it’s not!
… But during the discourse, you were able to call ebay about this. You weren’t talking to a voice that said it was from ebay? I’m sorry if this sounds insulting and I don’t mean it to be, but so many good folks are being scammed out of their money and we care about you.
Reaching a LIVE a person at EBay is like calling FDR expecting an answer…..eBay customer service stinks
In this regard I have to give the Mint credit. I have never had a problem reaching a live customer service agent, and fast too!
Yes, but you can get a live chat which can lead to a live call– but they make it really hard to find on their web site.
Here’s a question for the slabbers- those who buy slabs as well as those who pay to slab and those that sell slabs. I’ve heard and read many times that you buy the coin, not the slab. But what happens when the coin is graded a 70 but the plastic slab has issues, such as scratches or rub marks or smudges? It does detract from the coin IMO. Does it also mean that the resale value is diminished as well? I mean, why would someone buy a nice coin in a crappy cover when you can get a nice coin… Read more »
Major D, I think that would up to the individual. I do not like scratched up holders! You could send it in and have it reholdered of course but at an expense to you. I think I’d send it back and find another one. Maybe the Seller has one they can replace it with too, you may get lucky. Me, I’d definitely return it. It’s always up to you. It’s not like it’s a rare or difficult coin to find and purchase from another Seller. Ultimately it’s your choice. Maybe others could chime in with their opinion. Great question BTW!!
Without knowing your history or lack there of(?), with the given seller of the coin in the scratched holder Major D, you might(?) consider the following. I’d had a similar scenario 10-15 years ago. I’d made a couple purchases from a “legit”(?) seller, however a couple consecutive purchases had scratched up slabs. I returned both coins and that seller, then “blocked” me from other purchases, as they didn’t like that I was returning product. Just a heads up, if you have other purchases from this same seller, that you may want to pick up, returning scratched product may lead to… Read more »
Snipeware, hacking, all sorts of scamming, keystroke checks, bot attacks, and a plethora of other scourges. Appears to be the beginning of a brave new world.
If you can return or exchange it, give it a try like AK said.. A scratched slab is my worst pet peeve of the hobby(besides a scratched coin). Some people just don’t care, mostly the morons in the pawn shops, LCS, and auction sites tossing stuff around. Some coins trade back & forth several times over time so scratching can be expected. It’s distracting and it does affect the value in some cases. With that being said, some of my best buys have been scratched up holders purposely bought, knocking off hundreds, and in a couple of cases, more than… Read more »
Like buying an old car with dents and scratches but its working parts are perfect.
ALL, it’s not easy admitting you were defrauded by someone on EBay. It’s a bit embarrass to tell you the truth. I’m only doing this to help and make some awareness of what can and will eventually happen if you do a lot of online purchasing, not just on EBay. Hopefully, someone here will listen to their “gut” feeling and also see what happens when something like this happens. That’s why I’m sharing my experience. I’ll keep you updated on my progress as it unfolds. Thank you ALL for your kind words, it really is appreciated!! Well, as always, Good… Read more »
AKBob, in todays day and “age of technology”, with scammers always trying to stay at minimum, 1-10 steps ahead of their prey, there’s nothing to be embarrassed about. Also, just think of the fact, you were given an opportunity to learn something new about navigating through a difficult and burdensome experience, technology wise! Also, since you were able and willing to let go of any ego you may have, your “Pride” has shown brightly, by sharing and possibly helping others to potentially avoid a similar mistake/learning experience IMO. You should be proud of your efforts to run the technology gauntlet,… Read more »
Cali, thank you for your kind words too! I absolutely appreciate the “love” being shown to me by my fellow friends here on Coin News!
AKBob,
I think it’s beyond awful what just happened to you and appears to still be in the process; what a sad mess! I despise thievery; the idea of taking other people’s hard-earned money just because thieves don’t want to work makes me ill. I hope this gets straightened out sooner rather than later and that you don’t have to forgo your entire piece of mind or lose the ability to get some sleep in the meantime.
Kaiser, thank you as well for your very kind words. I couldn’t agree more with you.
AKBob,
You’re very welcome my friend. I feel extra bad that this happened to you because I know you are an example of the upstanding sort of individual who would never even contemplate pulling a stunt like this on anybody else. Unfortunately, these perennial thieves choose to prey on anyone, no matter how good of a person they might be. Again, here’s hoping you the best of luck in achieving a very positive outcome to this totally unwarranted negative situation.
For any that may be unfamiliar with or wanting to know more, about Snipeware or sniping. From eBay: “Bid Sniping” information page.
https://www.ebay.com/help/buying/bidding/bid-sniping?id=4224
CaliSkier,
Thanks. I’ve just added that to all the other reasons that I wouldn’t bid on ebay.
Rick said previously: “ How many bags would it take to hold the extra 70 million 2023-24 circulation Kennedy’s out there somewhere??” You asked, so of course I had to give it a solid guess based on data I could find. I’m going to say exactly 700 bags like the ones(2) in the picture from a couple threads back. on those metal pallets. This is based on weight and overall volume, being comparable(?). Rationale being, if they can put $140,000 worth of NA, AI, Presidential or Sacagawea $1’s(8.1gm) in a single bag, & we know that weighs 2,500 lbs and… Read more »
Thanks, the biggest question for me is why. Why strike 50+ million Kennedy coins last year, and 20+ million this year(so far)? I stated my theory and it wasn’t popular.
What do you mean? I like Applebee’s!
But does everybody know your name there?
Norm!
Always on the corner and never at a loss for words!
Rick and CaliSkier,
Perhaps the real question to ask here might just be in which landfull(s) have the Mint and the Federal Reserve chosen to bury all of their over-produced, unneeded and ultimately unable to house anywhere else non-circulating coins.
Exactly right, and it logically follows as the mass of 1 half dollar = the mass of 2 quarters, so the equivalent bulk bag of halves would contain exactly one-half that of the quarters: 200,000 ATB quarters x 5.67g = 1,134,000g; 140,000 NA$ x 8.1g = 1,134,000g; 100,000 Kennedy halves x 11.34g = 1,134,000g Although strangely enough the Mint charges an 8.5% processing fee on the face value for the NA$ = $11,900/bag. Whereas the equivalent mass in ATB quarters only has a 3% processing fee = $1,500/bag. There must be some math geniuses there. Who knows what fee it… Read more »
Major D,
I see you’ve managed to so to speak pull the rug out from under us again. You begin bu providing all of that great information about coin weights and densities to somewhat clarify the bagging matter, however you then off-handidly toss in the apparent malleability of the bag processing fee to attach yet another element of mystery. I guess I should congratulate you on managing to keep us on our toes.
Kaiser asked: “Where are we getting these availability numbers these days? I thought we lost this ability.” When a product gets to 99 or less in inventory, if you put 99 in your cart/bag, if there is 99 or less, then number available will show up in red showing as a “x” “in stock number”. You can check those 2024 Kennedy’s by placing 99 2-roll sets in your bag/cart, then continue shopping, then click on the “view bag” button in the upper right. Currently there are or you should see, “77 Item(s) in stock”. I’m using a cellphone vs computer,… Read more »
CaliSkier,
Many thanks for taking all the time and effort to explain to me how this “check number available” function currently works. That being said, once again it feels very much to me like I’m not sufficiently processing the instructions even as I’m reading them. Perhaps if I give it an actual run-through it will all make perfectly good sense to me. Truth be told, I preferred the Mint site’s “original system” since it was so very easy and clear-cut, but time and progress march on and wait for no one.
Stocks are down and precious metals are up. The see-saw principle has been restored.
Rick commented: “Maybe the extra ’23 & ’24 NA coins are stored next to the 70 Million extra ’23 & ’24 circulation quality Kennedy half dollars that are left over from the sets, rolls, & bags?” Also, “Thanks, the biggest question for me is why. Why strike 50+ million Kennedy coins last year, and 20+ million this year(so far)? I stated my theory and it wasn’t popular.” Good question Rick, so number searching and crunching I go…
(See next 2 consecutive posts)
Rick, others, the “declared”mintage/production figures, of Kennedy Half dollars for years 2020-present are as follows: 2020 5.7 million, 2021 13.1 million, 2022 9.7 million, 2023 58 million, & 2024 18.3 million so far. 2021 saw the USM deliver 9.1 million Kennedy halves to the Federal Reserve for circulation. In 2022 the USM supposedly supplied over or close to 6.6 million Kennedy halves to the Federal Reserve.(see article below) Here’s what Paul Gilkes for CoinWorld and the US Mint said re: 2021 & 2022 Kennedy Half dollars for “circulation”. “Mint suspends production of 2022 Kennedy half dollars” (interestingly, no mention or… Read more »
3rd try after an edit sent to spam and 2nd attempt in waiting for approval stage. Another informative piece from Paul Gilkes and CoinWorld: “Federal Reserve puts 2022 half dollars into circulation” Excerpt and link below: “From 2002 to 2020, all Kennedy half dollar production was destined for offerings of numismatic products, including the circulation-quality pieces, sold at premiums in bag and rolls.” https://www.coinworld.com/news/us-coins/federal-reserve-puts-2022-half-dollars-into-circulation PS ?The annual report for 2020 reported seignorage for circulating Kennedy half dollars at $100,000.(200,000 coins)? The Annual report for 2023, appears to indicate that somewhere between 8.6-9(range for Major D) million Kennedy halves, generated $4.3… Read more »
CaliSkier, Forewarned is forearmed, so I’m going to state categorically that I’m not even going to touch any of the questions having to do with questionably or otherwise possibly “missing” Kennedy Half Dollars and/or their potential commensurate seignorage. I’m instead confining myself to the matter of the seignorage received by the Mint from the Federal Reserve for the sale of the specifically known number of Kennedy Half Dollars by the Mint to the Fed. I’m a bit perplexed as to how the seignorage can be exactly fifty cents per coin because that particular figure doesn’t seem to account for the… Read more »
There is no easy math when it comes to the US Mint. First off, the Mint’s Annual Report is for a fiscal year (like all federal Gov) that runs from Oct 1 to Sept 30. So, for FY23 there were 11.8 million D- halves and 13.3 million P-halves produced for a total of 25.1 million half-dollars (from Jan-Sept 2023). Due to rounding, the total could be +/- 100,000. There were zero half-dollars made from Oct-Dec 2022. Note: the production number includes both circulating and numismatic (two different accounting groups within the fiscal report). For the Circulating Group, seigniorage… Read more »
CaliSkier,
58 Million Kennedy Half Dollars minted in 2023. Why? Truth be told this looks to be more of a rhetorical question without any expectation of an answer.
Kaiser, the answer to why the Mint made them is that the Federal Reserve ordered them for circulation. The Mint gets an order, and it makes them.
Major D,
Prehaps then my real question is why did the Federal Reserve order so many Kennedy Half Dollars if it wasn’t going to distribute them all for circulation, or did the Fed in fact sell all of them to banks?
Kaiser Wilhelm said: “I’m a bit perplexed as to how the seignorage can be exactly fifty cents per coin because that particular figure doesn’t seem to account for the Mint’s raw material and production cost to make each Kennedy Half Dollar which is an expense that to be subtracted from what the Fed pays the Mint for each coin since to the best of my knowledge that is after all how the net seignorage per coin is determined. Just asking.” No worries Mr “Details”!JK/LOL In all the above dithering details, an important one must have slipped by? In 2023 the… Read more »
CaliSkier,
Now I get it. I had a hunch it had something to do with your original reference to a dollar’s worth of fifty cent pieces but I just couldn’t make the connection. Mea culpa.