We’ve been admiring US coinage recently and if you’ve read our previous blog detailing the series that half of American collected, you’ll be very excited to hear that starting from 2019, the United States Mint will begin minting and issuing the American Innovation $1 Coin Act – a brand new coin series honouring American innovation.
This latest numismatic programme looks set to follow on from the success and popularity of the US Territories Quarters series mentioned above, which not only kick started coin collecting in America, but worldwide!
Each coin represents its own state and will be released in the order that its respective state was ratified in the Constitution of the United States and admitted to the Union.
Released over a 14 year period, these coins will all bear an obverse with the Statue of Liberty and the inscriptions of “$1” and “In God We Trust”. The reverse images will be representative of a significant innovation, an innovator/group of innovators from each of the 50 states, the District of Columbia and the territories of the US. The reverse designs will be selected by the Secretary of the Treasury after consultation with each Governor, chief executive and the U.S Commission of Fine Arts.
Most excitingly, the first introductory coin is set to be released later this year! The reverse of this coin will be inscribed with “United States of America” and “American Innovators,” and it will include a representation of President George Washington’s signature on the first U.S. patent.
Following this introductory coin, the rest will be released at a rate of 4 coins per year. Just like the US State Quarters Series, The American $1 coins are expected to rapidly become one of the most widely collected series. But will you be collecting these new US $1 coins? Let us know in the comments below!
Start collecting US coins today!
Start your very own journey into US coin collecting with the US State Quarters that Half of America Collected…
As the largest restaurant franchise in the world, it was only a matter of time until McDonald’s pulled something extravagant out the bag.
It’s safe to say they didn’t disappoint with the release of their own global currency – the MacCoin!
To celebrate the 50th Anniversary of the Big Mac burger, McDonalds have created their OWN currency. But the question on our lips is “what are the coins worth?”
Well… the coins are only legal tender in McDonalds restaurants and can only be redeemed for a Big Mac burger.
We’re celebrating 50 years of Big Mac by creating a global currency—MacCoin—each one worth a free Big Mac around the 🌎, with 5 collectible designs for 5 legendary decades. Starting August 2, collect your own MacCoins when you buy a Big Mac while supplies last. #BigMac50 pic.twitter.com/xn8Z9GNLSp
— McDonald’s (@McDonalds) July 29, 2018
From 2nd August 2018, customers in the US will have the opportunity to collect FIVE different MacCoin designs, which can then be redeemed at over 14,000 restaurants across the US for a FREE Big Mac burger.
6.2 million coins will be released and are sure to be extremely sought-after by collectors and McDonalds enthusiasts from all over the world. In 2016, a McDonald’s division in the UK auctioned off a 740-milliliter bottle of sauce used in the burger for roughly $95,000 on eBay.
Sadly however, there are no plans for MacCoins to be available in the UK.
The inspiration for the coins originated from the Big Mac and the ‘Big Mac Index’, this is the annual report which uses Big Mac prices in countries around the world to see how currencies are valued.
With 1.3 billion (yes, billion!) Big Macs sold last year alone, the sale of Big Macs is expected to sky rocket even more, the perfect way to celebrate the 50th anniversary of the first Big Mac.
The launch date also celebrates of the 100th birthday of Jim Delligatti, a McDonald’s franchisee in western Pennsylvania who invented the Big Mac.
The 5 different coin designs will each represent a different decade since the release of the burger in its full glory.
•The ‘70s: Showcasing the decade’s ‘flower power’ in all its glory
•The ‘80s: Alluding to pop art culture
•The ‘90s: Defined by bold, abstract shapes
•The early ‘00s: Specifically focusing on the development of technology at the forefront of the turn of the century
•The ‘10s: Focusing on the evolution of communication and globalisation in the modern world.
Let us know what you think about McDonalds MacCoins by leaving us a comment below.
If you’re interested in coin collecting, our Change Checker web app is completely free to use and allows users to:
– Find and identify the coins in their pocket
– Collect and track the coins they have
– Swap their spare coins with other Change Checkers
Sign up today at: www.changechecker.org/app