The 2025 Michigan Innovation dollar is the newest product available now in 25-coin rolls and 100-coin bags from the United States Mint. It features a design honoring Ransom Olds’ assembly line concept.
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This is the latest release from the U.S. Mint’s American Innovation® $1 Coin Program, the second of four designs scheduled for this year, and the 26th issue overall.
"The assembly line revolutionized the auto industry and changed the business and manufacturing world," said Kristie McNally, Acting Director of the Mint. "It also influenced shipbuilding and aircraft production during World War II. We are honored to celebrate this major achievement with this coin."
Design for the Michigan Innovation Dollar
Appearing on the new dollar’s reverse (tails side) is a design featuring auto workers assembling cars, honoring Ransom Olds’ pioneering patent for the assembly line concept. It shows the body of a car being lowered onto the frame – an innovation that predates Henry Ford’s system. Inscriptions read "UNITED STATES OF AMERICA," "MICHIGAN," and "AUTOMOTIVE ASSEMBLY LINE." U.S. Mint Artistic Infusion Program artist Ron Sanders created the design, with sculpting by Mint Medallic Artist John P. McGraw.
The obverse (heads side) features a likeness of the Statue of Liberty, designed by Justin Kunz and sculpted by Phebe Hemphill. It includes the inscriptions "IN GOD WE TRUST" and "$1."
This same image of the Statue of Liberty appears on all American Innovation $1 Coins, though the stylized gear privy mark changes slightly each year.
All dollars in the series also feature incused edge inscriptions showing the year of minting, the mint mark, and the phrase "E PLURIBUS UNUM."
Prices, Ordering and Product Limits
25-coin rolls of the Michigan Innovation dollars are available for $36.25 and 100-coin bags for $123.50. Each option contains circulation-quality coins struck at Philadelphia or Denver Mints – buyer’s choice.
The U.S. Mint online store dedicated to American Innovation products is the place to order the new dollars.
Production is limited to 8,900 rolls from Philadelphia and 7,850 rolls from Denver, along with 3,650 bags from Philadelphia and 3,450 from Denver. An initial household order limit of 10 per product applies.
American Innovation Dollars for 2025
Launched in 2018 with a single inaugural coin commemorating George Washington’s role in signing the first U.S. patent, the American Innovation $1 Coin Program has issued four new designs annually ever since. The program honors innovations or innovators from all 50 states, the District of Columbia, Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands, and the Northern Mariana Islands.
The four 2025 Innovation dollars include:
- Arkansas $1 Coin – Honoring Raye Montague and her computer-designed ship
- Florida $1 Coin – Celebrating the Space Shuttle program
- Michigan $1 Coin – Highlighting Ransom Olds’ assembly line concept
- Texas $1 Coin – Recognizing NASA’s Mission Control at Houston’s Johnson Space Center
In addition to rolls and bags, the $1 coins also appear in other numismatic products such as proof and reverse proof sets.
In the previous article, cagcrisp just posted the latest (anemic) US Mint cumulative sales figures for the 2025 Gold American Eagle Proof coins. Echoing his mantra of higher and higher prices, lower and lower mintage figures, here are the US Mint sales figures for the (investor) Type 2 Gold American Eagle Bullion coins for the first 3 months of sales (January – March total coins sold) by year: 1 oz. American Eagle Gold Bullion 2025 = 59,000 2024 = 120,000 2023 = 370,000 2022 = 350,000 1/2 oz. American Eagle Gold Bullion 2025 = 19,000 2024 = 27,000 2023 =… Read more »
Rich, thanks for the numbers. I wonder if or how much of this sales discrepancy, correlates with or can be attributed to, the difference in spot gold pice? Which by proxy, the US mint gold bullion ran roughly $800 more per ounce on average in March of 2025 versus March of 2024? Also with the economy leading to higher consumer prices for everyday products across the board, as well less buying power in general for the US dollar, or at least it feels that way to me. Buying power is only 1% different, however prices up, almost 3%, so combined… Read more »
CaliSkier,
I do believe you are right on the money (pun intended) when it comes to accounting for many of the somewhat atypical factors currently inhibiting the usual number one driver of the U.S. economy, which just happens to be consumer spending. The combination of a much weaker dollar, ongoing higher prices, and the impending tariff-enhanced expense of imported goods will all serve to weaken America’s bottom line. I think it would be far more peculiar if people weren’t being thoroughly spooked by the very confusing trail of current financial developments. Let’s hope for the best!
Thanks for posting the numbers. Those curious for all years of gold Eagle bullion here is a link. https://learn.apmex.com/learning-guide/bullion/american-gold-eagle-mintage-charts-1986-present/
Thanks to Rich & East Coast Guru for the numbers and charts.
Rich,
Just to compare the dismal sales of the United States Mint Bullion program vs. the physically backed Gold ETFs in the United States.
Q1-CY2024 Total ounces in physically backed Gold ETFs in the United States = 53,337,757.94 ounces.
Q1-CY2025 Total ounces in physically backed Gold ETFs in the United States = 60,283,201.06 ounces.
Q/Q 24 vs. 25 Total ounces went up 6,945,443.12 ounces or at yesterday’s PM LBMA Fix $3014.75 = $20.9 Billion.
SO…People are fleeing United States Mint Gold Bullion for physically backed Gold ETFs in the United States.
Worldwide at the end of Q1-CY2025 there were 135,402,630.53 ounces or $408.2 Billion in physically backed Gold ETFs…
But that only makes sense because Au ETF’s are much cheaper per share to buy vs $3k plus for an ounce of physical Au and also much easier to sell.You also don’t have to worry about storage and safety of your Au with ETF’s.
Craig,
It makes sense to you and to me, however, there are some on here that it does not make sense…
(Also No taxes if you trade in a Roth)
You are correct cagcrisp and just wanted to let you know I enjoy reading your posts..very informative. I just checked in on the stock market and with a 90 day pause in tariffs, I’ve made back most of what was lost in the last week. You are making a nice profit with Au today as well! Cheers
Craig,
Thanks. Cheers to you also…
Congrats, Craig, on being able to recoup such a large percentage of your recent losses in the stock market. With this news the rest of us can surely wait with a much higher degree of assurance that our shares will have just as happy an outcome.
cagcrisp and Craig, As I said elsewhere either on this thread or the preceding one – all too often I find it difficult to keep track of where I have deposited a comment – the bright side of the “sense making” and/or “getting it” part of these discussions is that with the right combination of information, time and patience it ought to be possible for practically everyone on this site to be able to pick up a wide enough variety of opinions to effectively become conversant in essentially all points of view. The ideal outcome is achieved when enough folks… Read more »
No 1099 on AGE and ASE assuming under $10k cash, which is what 3 AGE$ now….
it is easier I got 3 safe deposit boxes and the moronic thing is some banks request no more than $10k in a box, har Dee har har
Thanks Rich, times are hard people are skitterish paying $3,000 an Oz., or not currently Au up $87. Ag .98….. Cali has a point w the Increa$e I. Spot likely a partial and the ETF as Cag notes, is Gianormus now and they take physical possession if the “can”
They can’t take the physical, not the Big paper, short selling Grifters.
Rich, another thing “struck” me with those numbers relayed. At these high spot prices, the 1oz outsold the 1/10thoz size by 2.8 times more when comparing 2025 and 2022. Also interesting to me is that in 2022 and 2023 the 1oz outsold the 1/10thoz size. To me on annual basis, I’d typically always expect the 1/10oz to outsell the 1oz year in and year out? PS NOW after looking at numbers in link provided by ECG, surprisingly, I guess the 1ozer’s pretty much always, “Trump”’ the 1/10er’s.
E1,’thanks for answer about the 1955 Franklin in your album in the previous thread! So, I know you have at least a few 2023 Extra “V” Lincoln Cent errors in your collection. Since I mentioned a possible rotated die error, wonder if you would ever consider adding a 60 degree rotated die error, Kennedy Half to your collection? Over on GC, “Mint Error 1988-P Kennedy Half Dollar Rotated Dies NGC MS-66”, with a current bid of $41 and 5 days left to bid. BTW, there is another one on the Bay, same year and mint, same grade however its is… Read more »
Cali,
Thanks, I will take a closer look at those. The “Missing Initials No FG” variety is what I have been digging for. I found a number of them in my junk boxes. I may have to send them in to NGC. But they need to be MS-65 or higher. I think Sharks2th just found a 1983 No FG too – that one is very rare. These seem to be gaining strength as of late.
Is anyone, that has the magic code Rick provided for deciphering the US Mint remaining inventory, willing or able to check and see how many of the “United States Capitol Police and Those Who Protected the U.S. Capitol on January 6, 2021 Bronze Medal” are available in the 2 different sizes? Also, I’m not sure where respected numismatic writer Paul Gilkes of Coin World got the following information, however he wrote in an article titled: “Saga of Jan. 6 bronze medals an unfinished story“ “Following intense pressure exerted on the Mint by members of President Trump’s Make America Great Again… Read more »
Thanks Cali maybe they saw it was hipacrtical SP to pull the Jan 6 medal when MAGA attacked the removal of Confederate Statues and base names.
AU trying for a $100 day….
The Gold:Silver Ratio got back above 100 today. As cagcrisp recently pointed out, “There have only been 51 days in history where Gold:Silver has traded above 100:1 and 50 of those days were during COVID.” “During covid in 2020, Gold:Silver ratio got as high as 123:1” On the flip side of the highest Gold:Silver ratios in history… Looking back on the historical records of Precious Metals (Gold and Silver), Inflation and Interest Rates (Source: Macrotrends, 2025), the year 1980 stands out as the singular turning point in the gold and silver markets, as marked by the lowest historical ratios of… Read more »
…
Rich, more like a spire than a mountain? LOL Those crazy “Hunt Brothers”! Below is “Clyde Minaret” in the Ansel Adams Wilderness. Staying with the “Red”’ theme E1, this is ironically accessible via a trailhead located in, you guessed it, “Red’s Meadow”! LOL PS Does this ring a bell or 2 John Q?
Cali indeed thank Bunky Hunt, I worked at a LCS and drove to a different t LCS to sell junk Ag @ 48x face I think. Wouldn’t take check tho.
the man onthe Silver Mountain good old one, Coverdale skips out….
That’s cool J. Q., and that historical high silver price in 1980 still stands today. The (real) inflation-adjusted silver price per ounce back in January and February, 1980 was $146 (Megatrends, 2025).
For the record, the (non-adjusted) average monthly silver price was $36.13 in February, 1980, and the highest average monthly silver price was $48.60 in April, 2011 (Megatrends, 2025).
Rich,
I would check “average monthly silver price was $48.60 in April, 2011”
Cag, I was referencing Macrotrends (2025) for the April, 2011 silver price of $48.60. You are correct about checking, and I found (slightly) different monthly average prices for April, 2011, such as $47.94, from different sources. Do you have the true monthly silver price for April, 2011 and the source, which would be helpful for future referencing? Also, I am curios as to what is the highest price silver ever reached; I’ve seen $49.95 and $49.45 in January, 1980 and $49.51 in April, 2011, etc.
Rich, I use LBMA fix pricing. The monthly average for April 2011, was $41.97. The high for the month on April is $48.70 and the low for April is $37.63. The reason that I commented on your post was the “average monthly”. I knew that silver did not average that high for any month. Silver is unlike Gold in that respect. Silver runs up from short covering and when the shorts all cover, goes back down. On April 1, 2011, silver was $37.63 On April 28, 2011, silver was $48.70 On May 12, 2011, silver was $32.50 That is a… Read more »
Cag,
Outstanding, thanks for all the information and explanation of the typical pattern for Silver prices (with respect to monthly averages). After posting, I realized that LBMA is the original and official source to use, i.e., the LBMA Precious Metal (gold, silver, platinum and palladium) PM Prices.
Very accurate Cag & for a while the channel ran from $21ish to $28-9 and slam back down, churning kinda. So, we’re still waiting for zag to crack $50…..
2026 Official Redbook in the House! It arrived today from Amazon. They did a great job with it. It now includes a Grey Sheet ID number (GSID) as an identifier for every coin in the Redbook. This year’s addition includes the 2023 (P) Extra V Lincoln Shield Cent. It also includes all the numbers and prices for the ASEs and AGEs. Prices for the Walking Liberty Halves looked pretty close. Font size was good, as I was able to read it easily with my reading glasses. Jeff and John – Nice Job and Thank You! This hobby would be lost… Read more »
Congratulations E1, as we can now say that not “all that is in the “Red” is necessarily a bad thing! LOL Which brings to mind a couple of other good “Reds”? The Fixx’s “Red Skies at Night”, “Roxanne” and her “Red’Light” by the Police! Then of course there is UB40’s “Red, Red Wine”… PS Although I just remembered that UB40(Reggae) covered many of there songs, I had never know that “Red, Red Wine” was originally by Neil Diamond!
Cali, Roxanne in Red, Good One! Cheers
Nice looking book. I’ll need to pick up a new one soon. Also, I was thinking of picking up a high quality 1921 gold 50 peso coin to add something new and interesting to my collection that has a numismatic value to it too. Is there a red book or something similar for Mexican coins out there? Thanks
East Coast,
Whitman makes a Mexican Coin Encyclopedia that might be of interest. Also, the Grey Sheet includes Mexican Coins.
https://www.amazon.com/Whitman-Encyclopedia-Mexican-Money-II/dp/0794839541
East Coast, after a some research, I’m thinking you should look into and or what you may be looking for is, “The Guidebook of Mexican Coins 1822-Date by Clyde Hubbard and Theodore V. Buttrey, publisher Krause Publications (1989?). In paperback I saw one for around $45 through Thrift book(1 left) or shop around. Also notice there is a Sixth Edition 1992. Availability in hardcover or paperback and the pricing varies greatly($45-$100+) so do a little research. Another one to consider from Whitman, is the “Whitman Encyclopedia of Mexican Money Volume 2”, by Don and Lois Bailey, which can be found… Read more »
Thanks E1 and Cali. I’ll start surfing the net for what I need.
Thanks again.
East Coast, you might also want to check out this informative article over on Coin World by Jeff Starck, titled: “Second part of Whitman Encyclopedia of Mexican Money available”, that goes over Volume 2 and also Volume 1, in addition to offering a Biography about the books author Don Bailey. He happened to be a contributor for the other book I mentioned, “The Guidebook of Mexican Coins 1922-Present”.
https://www.coinworld.com/news/world-coins/second-volume-of-whitman-encyclopedia-of-mexican-money-now-avail.html
Alright, you sold me, E1. It appears to be hardcover – just the way I like the Lady in Red.
E1,
Nice Redbook! It looks bigger than the old ones.
The included Greysheet Catalog(GSID)makes sense, now that CDN(Grey) merged(bought)Whitman. John F and Jeff Garrett have a good thing going, their RB Podcast on YT is usually a good watch.
Off topic, and hand picked for your entertainment ⇊
Jen-Jen, Ai style…..
https://www.youtube.com/shorts/5qF7T-eb3NU
Rick,
Jen-Jen, timeless and priceless.
Thanks for that.
Cheers
She looks better every year and reaches her peak in the present. Simply astounding!
100% ✓
Appears that Gold is blasting off again. At this point I’m quite honestly no longer sure whether or not this is in fact good news or bad news and if so why.
Once you have gone down the GLD etf road, there is no going back. As Gold prices rise you will see continued pressure on the majority of pre ’33 Gold and current Gold bullion.
There is currently a premium to purchase Gold bullion.
There is currently a discount to sell the exact same Gold bullion.
There is a 3 cent spread between buying and selling GLD and with no brokerage fee… (And No taxes if done in a Roth)…
Roth is an excellent option for a gold ETF. However, there are as many reasons for gold purchases as there are people on this blog. No one way is the best for all as it depends on your goals. Best to spread it out over multiple options. Regarding “There is currently a premium to purchase Gold bullion. There is currently a discount to sell the exact same Gold bullion.” Reminds me of the verse in the song by the Talking Heads. “Same as it ever was” Been that way for a long time. Even a gold ETF has buy sell… Read more »
The mention of “Austrian gold” always warms the cockles of the Kaiser’s heart!
.
Kaiser indeed Gold and Silver are both experiencing a resurgence and “blast”, reminiscent of their collective recent past! However, of due note IMO, is that silver would need to increase by and additional $4.50/oz to get us back, close to an 88:1 ratio. We’d also need an $8.00’raise to get us near 80:1. Interesting times we are living in for sure! BTW, for any curious about the yearly gold to silver ratios, from 1968-2024, check out the below link from Visual Calitalist website. Also it appears many years listed have 2-3 entries, correlating to significant changes in a given year.… Read more »
BTW… If you’d loaded up that semi gradually by 1985, with an average spot gold price of approximately $225/oz, it would have cost somewhere in the neighborhood of $262.5 million. Today($3,075), that would be worth roughly, $3.587 Billion Dollars! Now for layman’s “Fun With Numbers”… If you’d have bought 1oz of gold each year from 1968-1985, your outlay would have given you 18oz’s of gold for approximately $4,000. Today those same 18oz’s would set you back approximately $55,000. PS That semi truck load, could buy a plethora of “Red Books” or a whole lot of(E1 cue up the music! LOL)… Read more »
Nice picture. My mother in law has a 1963 tbird hard top in beige. Not as nice as the one in your picture but overall a beauty.
East Coast I’m not a gear head by any stretch of the imagination, however I love looking at vintage auto’s! Below pic is a hint for the answer to my question above….What’s special about the car below?
Looks like a short wheelbase or they made a coupe into a Sedan.
is that a Tbird??
The 10 year Treasury went well.
Excellent actually.
That’s why you saw a pop in stocks.
Auction price was 4.435%.
When issued market was 3 basis points Higher…
What I was talking about is NOT what is happening now.
Since the Truth Social post…
Gold has moved down and Silver has moved up.
Just exactly what you should expect..
Speaking to the press was Secretary Bessent and not Secretary Lutnick.
That’s key.
Bessent wins out vs. Lutnick…
REB,
While E1 is on break, I thought I would fill in for him, just this once…
Rick,
Kudos for a really great song choice from a self-termed “interim DJ”; it’s not just memorable but also very moving! My first inclination was to complement it with something obvious such as Roxanne by The Police but I recalled that E 1 in his musical wisdom had already been kind enough to grace us with that. I was inspired to go a bit further afield and the result, for better or God forbid for worse, is this:
A highly underrated song. I couldn’t have chosen a better song if I did so myself (I guess I did, huh?)