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Innovation 2018 Dollar Coin Edge Lettering Positions

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One50's Avatar
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 Posted 03/31/2019  12:02 am Show Profile   Bookmark this topic Add One50 to your friends list Get a Link to this Message Number of Subscribers
The 2018 Innovation dollar coins have edge lettering like the Presidential dollars series did. PCGS says the following about the Presidential series on edge lettering.


Quote:
Effective April 24, 2007

Effective immediately, PCGS will begin recognizing the up or down orientation of the edge lettering on Presidential dollars, as follows:

POSITION A - Edge lettering reads upside-down when the President's portrait faces up

POSITION B - Edge lettering reads normally when the President's portrait faces up


I'm assuming that holds true for this series too then?
I'm seeing position A&B coins for sale on ebay.
Does anyone know if this is an industry wide standard moving forward on edge lettering coins?

Also, will the proof coin from 2018 have an A & B position as well then?

I bought the P&D circ rolls from the mint and broke them open to sell at my coin club. I found about a 50/50 mix of position A&B in both rolls...curious if the proof coin has different positions?

Thanks for your help.
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CelticKnot's Avatar
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 Posted 03/31/2019  9:02 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

Quote:
...curious if the proof coin has different positions?

No, all proof coins with edge lettering are the same position due to the difference in minting procedure for proof coins. Business strike coins are edge-incused in a different step from the obverse/reverse pressing, which allows for the A/B randomness.

With proof coins, it's all one step and the collar is part of the pressing process, so the orientation of the edge lettering is always the same.

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jbuck's Avatar
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 Posted 04/01/2019  2:23 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
With proof coins, it's all one step and the collar is part of the pressing process, so the orientation of the edge lettering is always the same.
Correct.
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One50's Avatar
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 Posted 04/02/2019  8:51 pm  Show Profile   Bookmark this reply Add One50 to your friends list Get a Link to this Reply
That is good to know and I'm very happy I don't have to search for a A/B proof now.

As a side note, I did notice that the roll from Philly I opened was 50/50 on A/B, but the coins were awful as compared to the Denver minted coins.
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 Posted 01/03/2020  2:03 pm  Show Profile   Bookmark this reply Add vdavis0524 to your friends list Get a Link to this Reply
I am looking for some information on classifying innovation dollars as position A or B and my search led me back to this forum so I just joined. I had intended to join earlier but forgot, I guess.

I have read the PCGS position on Presidential dollars and Native American dollars but am curious as to whether I am applying it correctly. PCGS says that when looking at the Presidential dollar, if the incused writing is readable, that is position B and if it is upside down, that is position A, right?

On the Presidential dollar, the president's portrait is considered the obverse and the Statue of Liberty is the reverse. But on the innovation dollars, the statue of Liberty is the obverse and the state innovation design is the reverse. Just researched that today and that is how the mint describes the coins.

So I'm guessing that position A for the innovation dollars means that the incused writing on the edge is upside down when the Statue of Liberty is on the top and position B will be when the writing on the edge is rightsize up with the Statue of Liberty facing up.

Is that how all of you understand it?

Also, what is the point of minting a series of dollars over a period of 14 years to celebrate innovations coming from each state and territory when they are not released into circulation or even included in mint sets or proof sets like the Native American and Presidential dollars were at least? I don't think anyone besides collectors knows about them. I didn't until about5 months ago.

Thanks,
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Alpha2814's Avatar
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 Posted 01/03/2020  3:53 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
Your understanding matches mine. The legislation defines the obverse and reverse, and as long as PCGS is consistent with their definition of positions A and B with respect to that, you've got it.


Quote:
Also, what is the point of minting a series of dollars over a period of 14 years to celebrate innovations coming from each state and territory when they are not released into circulation or even included in mint sets or proof sets like the Native American and Presidential dollars were at least?

There's no point in releasing them into circulation when hardly anyone uses them for that. That's why small dollars just sit in vaults, waiting to be spent or melted down (or otherwise destroyed and recycled). They're not in the general mint sets because this series was never intended for circulation like the other denominations in the sets. Even the Kennedy halves and Native American dollars circulated in the past, so they continue to be included. Why are they making them in the first place? Someone thought it would be a good idea -- either to make a profit for the mint through sales to collectors, or to keep the states engaged without another series of quarters after the ATBs are done next year.
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