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S.1326 - American Innovation $1 Coin Act

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Russian Federation
5174 Posts
 Posted 09/28/2018  2:11 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
The obverse had the best art and arguably the worst placement. That lot of empty space isn't going to help.

(Yes, it would be a perfect place to put E Pluribus Unum and the date in, and in fact that would make the design better. No, I don't expect them to do that, and in fact I vaguely recall that rhe legislation explicitly called to put them on the edge.)
[EDIT: yes, it does, sadly.]


As for the reverse... meh, could've been worse. They could've chosen 10, or 7. And I guess all those gears are going to look much nicer on the actual minted coin...

I don't get the eagle, though. What's going on with it?
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United States
587 Posts
 Posted 09/28/2018  3:02 pm  Show Profile   Bookmark this reply Add bzookaj to your friends list Get a Link to this Reply

Quote:
I don't get the eagle, though. What's going on with it?


Original patent office seal.
https://en.wikipedia.org/wiki/Unite...emark_Office
Edited by bzookaj
09/28/2018 3:04 pm
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wyzeguy's Avatar
United States
1044 Posts
 Posted 09/28/2018  3:25 pm  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply
I agree with too much open area on the obverse. Should enlarge the Statue of Liberty image to fill up some of that space. The reverse wasn't my first choice but I'm ok with it. The design is cool and it fills up the coin nicely.
Edited by wyzeguy
09/28/2018 3:27 pm
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jbuck's Avatar
United States
188740 Posts
 Posted 09/28/2018  3:58 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
All I can say is that it could have been worse. I will reserve final judgement after I see how they look when struck.
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Conder101's Avatar
United States
17884 Posts
 Posted 09/28/2018  8:36 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Obv 8 is nice, but it looks more like something you would see on a medal rather than a coin.
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wyzeguy's Avatar
United States
1044 Posts
 Posted 10/17/2018  7:29 pm  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply
Anyone have any updates on when the initial coin will get released?
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TomW's Avatar
United States
65 Posts
 Posted 10/17/2018  11:50 pm  Show Profile   Bookmark this reply Add TomW to your friends list Get a Link to this Reply

Quote:
Anyone have any updates on when the initial coin will get released?


I don't think that the Treasury Secretary has officially approved any of the designs yet that have supposedly been presented to him to review, and he must do that before a release date can be set. The link below shows the year that each state coin will be released, in the order that each state joined the union.

https://www.google.com/url?sa=t&rct...fe1P2g_RB8Yg

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wyzeguy's Avatar
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1044 Posts
 Posted 10/18/2018  6:34 pm  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply
I guess the whole process of striking and packaging coins once a design is picked must be fairly streamlined. With only a little over 2 months left this year I would have figured everything be set for the sale of the introductory coin.
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TomW's Avatar
United States
65 Posts
 Posted 10/18/2018  10:34 pm  Show Profile   Bookmark this reply Add TomW to your friends list Get a Link to this Reply
I hope that someone will let the Treasury Secretary know that there is a need for speed here. The first coin of the regular series (for Delaware) probably won't be released much before mid to late February 2019, so the introductory coin could probably be released in very late 2018 or even very early 2019 without causing a problem. I don't think that the law as written would prohibit that.
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 Posted 10/18/2018  10:43 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply

Quote:
or even very early 2019 without causing a problem.

It can't be minted in 2019, but I guess they could sell them in 2019.
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United States
982 Posts
 Posted 10/18/2018  11:19 pm  Show Profile   Check captainrich's eBay Listings Bookmark this reply Add captainrich to your friends list Get a Link to this Reply

Quote:
I guess the whole process of striking and packaging coins once a design is picked must be fairly streamlined. With only a little over 2 months left this year I would have figured everything be set for the sale of the introductory coin.


Perhaps the US Mint will find an "Innovative" way to get the introductory coin out in 2018.
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Conder101's Avatar
United States
17884 Posts
 Posted 10/19/2018  09:55 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Considering aren't going to be making them for circulation, and that they will only need between 3 and 6 million of them for collector sales (probably less since they won't be needed for mint sets) and that one press can strike roughly one million coins a day (750 coins a minute, 45,000 coins an hour X 24 hr is 1,080,000 coins) They probably have til about Dec 27th to get production started. If they strike at both P and D mints and just use one press at each location they can have 4 million coins in 2 days. If they use multiple presses they can crank out all they need in an afternoon.
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jbuck's Avatar
United States
188740 Posts
 Posted 10/19/2018  10:06 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Perhaps the US Mint will find an "Innovative" way to get the introductory coin out in 2018.
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wyzeguy's Avatar
United States
1044 Posts
 Posted 10/19/2018  3:04 pm  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply

Quote:
750 coins a minute


darn!........does it strike multiple coins at once or one at a time? I always assumed it was one at a time. I guess at that pace theres more than enough time to strike, package and sell the introductory coin before the end of the year.
Edited by wyzeguy
10/20/2018 2:28 pm
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Conder101's Avatar
United States
17884 Posts
 Posted 10/20/2018  08:54 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
The horizontal Schuler presses strike one at a time, 750 coins per minute, 13 coins per second. You understand why they have to have VERY low relief. There just isn't TIME for the metal to move very far.
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