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US Mint Opens Sales for New York American Innovation $1 Coin Products August 31

US Mint Opens Sales for New York American Innovation $1 Coin Products August 31

The United States Mint is releasing the third coin of 2021 in the American Innovation $1 Coin Program on August 31 at noon EDT. The coin recognizes innovation from the State of New York and will be available in the following packaging options from the Mint’s facilities in Philadelphia and Denver:

United States Mint 2021 American Innovation $1 - New York Product Options Table

The American Innovation $1 Coin Program is a multi-year series featuring distinctive reverse designs that pay homage to America’s ingenuity and celebrate the pioneering efforts of individuals or groups from all 50 states, the District of Columbia, and the U.S. territories.

The New York $1 Coin honors the Erie Canal. Considered an engineering marvel of its day, the canal unlocked the western interior for trade and settlement, and played a critical role in the development of the state as well as the Nation. The reverse design depicts a packet boat being pulled from a city in the east toward the country areas to the west. Inscriptions are “UNITED STATES of AMERICA” and “NEW YORK.” The design was created by Mint Artistic Infusion Program (AIP) Designer Ronald D. Sanders and sculpted by Mint Medallic Artist Phebe Hemphill.

The obverse of all coins in this series features a dramatic representation of the Statue of Liberty in profile with the inscriptions “IN GOD WE TRUST” and “$1.” It also includes a privy mark of a stylized gear, representing industry and innovation. The design was created by AIP Designer Justin Kunz and sculpted by Ms. Hemphill.

The year of minting, mint mark, and inscription “E PLURIBUS UNUM” are incused on the edge of the coins.

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About the United States Mint

usmintThe US Mint was created by Congress in 1792 and became part of the Department of the Treasury in 1873. It is the Nation’s sole manufacturer of legal tender coinage and is responsible for producing circulating coinage for the Nation to conduct its trade and commerce.

The United States Mint also produces numismatic products, including proof, uncirculated, and commemorative coins; Congressional Gold Medals; and silver and gold bullion coins. The Mint’s numismatic programs are self-sustaining and operate at no cost to taxpayers.

United States Mint
United States Mint
Since Congress created the United States Mint on April 2, 1792, the primary mission of the Mint is to produce an adequate volume of circulating coinage for the nation. As a self-funded agency, the United States Mint turns revenues beyond its operating expenses over to the General Fund of the Treasury. Other responsibilities include: Maintaining physical custody and protection of the Nation's $100 billion of U.S. gold and silver assets; Manufacturing and selling platinum, gold, and silver bullion coins; and Overseeing production facilities in Denver, Philadelphia, San Francisco, and West Point, as well as the U.S. Bullion Depository at Fort Knox, Kentucky.

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