Your thoughts on the American Innovation Series??

Discussion in 'Coin Chat' started by Mikey S, Jun 13, 2019.

  1. SchwaVB57

    SchwaVB57 Well-Known Member

    You are a type collector, other people collect only commemoratives, some only errors, I can go on and on. I remember in the 70's and early 80's, people complained the mint did not make enough collecting options. Collect what you like, because the amount of options from the mint do not excite everyone's interest. I personally like the programs that offer different coins each year. I am not in this HOBBY to think of it as an investment. "Unnecessary and excessive" to you is treasure to other collectors.
     
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  3. Inspector43

    Inspector43 Celebrating 75 Years Active Collecting Supporter

    Wow. That is a big task. I'm doing this right now with just the great grand children. So they don't have graduations etc. But, that is a great idea for when I get to the grand children, the next generation back. I have been accumulating coins for more than 70 years. So, I have plenty of stock to work with. I am also mixing in some varieties that don't have dates for specific happenings. They are there for the type. Thanks for the feedback. you gave me some good ideas. You can see my 70 year accumulation at this link, if you like. https://www.cointalk.com/threads/sorting-my-70-year-accumulation.330231/
     
  4. Mikey S

    Mikey S Member

    Saw Mike M hawking an ANACS set of the 2018 P, D and proof for $80 - First Day of Issue of course.
     
  5. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    The coin series are courtesy of the idiots in Congress, not the mint. The presidential medal are pure mint ideas.
     
  6. ewomack

    ewomack 魚の下着

    I am suspicious of manufactured collectables such as the "American Innovator" series. Others have already mentioned the "collector's malaise" that can creep over someone trying to collect everything that the mint puts out. I quit years ago because I realized that it would take too much of my free time, and a chunk of my income, to obtain everything, including sitting by the Mint's website when highly anticipated releases appear, etc. And for what? To hide it all away in a safe? To leave it to my descendants? Who knows if they will even care? If they don't care, it probably just creates more hassle for them if they can't sell the stuff. Or they may not know very much about the coin market and will just get ripped off. If they do care, great, but there is no guarantee that they will.

    My generation of our family has the collector bug almost to a pathological degree (I'm trying to lose this disease), but the newest generation, now in their mid-late teens, has shown absolutely no interest in collecting anything. No sports cards, coins, stamps, action figures, nothing. All of the collectable things that I was into at their age they couldn't care less about. Of course sports cards have become expensive, even for some current issues and one can now just go to a store and buy the full set off the shelf. There's little fun in that. I used to buy packs and trade and haggle with friends over specific cards. Just buying the set would have taken all of the fun out of my experience.

    Anyway, the above won't be true for everyone, of course, and things can change over time, but I will retain my suspicion of manufactured collectables, especially as their number increases. The more that keep popping out, the greater the chances that indifference will set in with the public and the collecting community. But of course no one knows the future.
     
    Last edited: Jun 15, 2019
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  7. Inspector43

    Inspector43 Celebrating 75 Years Active Collecting Supporter

    Amen. I quit USPS in 2000 after more than 50 years. I quit US Mint in 2011. I agree that the younger generation has no use for "collectables". We have 6 kids, 13 grand kids and 17 (soon to be 19) great grand kids. That's a lot of potential, but, it doesn't look very promising. One reason is that they never see change in their real life. Credit cards and electronic receipts is all they see.
     
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  8. Ima Dragon

    Ima Dragon Year of the Dragon

    This is merely a continuation of the Convoluted Quarter series which at least circulates , I have however begun to collect the U.S. Mint 2019 .999 Quarters . I personally don't find the new American Inovation coins attractive and will not be adding even one for posterity .
     
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  9. Santinidollar

    Santinidollar Supporter! Supporter

    I’m not thrilled about collecting a series that has a fighting chance of outliving me. But younger collectors shouldn’t ignore them.
     
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  10. johnmilton

    johnmilton Well-Known Member

    Some years ago some one figured out that it would cost you over $35,000 a year to keep up with all the stuff the mint issues. I am sure that amount has not gone down. You are free to collect anything you want, but if you want every new thing, that is a big pill to swallow.

    I know what you mean about wanting new stuff to collect. I was a collector in the 1960s when the JFK Half Dollar was the story of the decade. Aside from the clad coinage, the Ike Dollar was the next thing in 1971. New things moved like glaciers. Then came the Washington commemorative half dollar and the Los Angeles Olympic coins, and opened the flood gates.

    The trouble is it’s feast or famine. The mint has either done as little as possible or gone on overload. The same thing happened in the 1930s when there were too many commemorative half dollars. The abuses finally suspended the series in 1954.

    I only wish that we could land somewhere in the middle, but with computer and laser generated dies, coming up with new coin designs is almost too easy.
     
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  11. fretboard

    fretboard Defender of Old Coinage!

    Nope! The US Mint is a money making business so they try to be creative but they are truly lame at it. :shifty: I seldom buy anything from them, I think my last was 2016 Gold SLQ. :D
     
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  12. SchwaVB57

    SchwaVB57 Well-Known Member

    I do not collect many commemoratives or medals, and many of the products the Mint produces. I buy what I like, and everyone should buy and collect what they like. I do like many choices from the mint, so I can decide either to purchase or not.
     
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  13. NYandW

    NYandW Makes Cents!

    Another sponge on the unwary buyer for future appreciation... Sad :)
     
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  14. Robert91791

    Robert91791 Well-Known Member

    I like them and I have several rolls and will buy bags next. People have different preference so it doesnt matter to me what other people want. I didnt collect older coins because they are overprice and most dont have any COA. Only the coins in OGP stands out and the rest doesnt are also overpriced.
     
  15. dwhiz

    dwhiz Collector Supporter

    I purchased a roll of the first ones', to use for tips. roll X-horz.jpg
     
  16. Michael K

    Michael K Well-Known Member

    Where can I find mintage numbers for the $1 2018P 2018D and 2018S? Thank you.
     
  17. Mikey S

    Mikey S Member

  18. tommyc03

    tommyc03 Senior Member

    Another reason these do not interest me is, there was plenty of room on the reverse for USA and the date & mint mark, instead of cluttering the obverse with the banner. Having the information on the edge creates more varieties. Now we will have a position A & B edge lettering. Fine for marketers but difficult to see and requires more handling of each coin (if you decide to differentiate). But this is just me and I'm not telling anyone what to collect.
     
  19. Murphy45p

    Murphy45p Active Member

    The innovation dollar will be a series I won't be involved in. When something is produced to be a collectible, they all remain pristine and in collections and hence, appreciation is difficult. But each person can and should collect based on their own enjoyment and preferences. It's just not for me.

    It does raise another issue though, my ocd tendencies. Because it will be a coin type that I do not have, and for most of the other modern coins (gold excluded) I have annual coins from each issue. So it does bug me that I won't have this one, but I've reached a point where I have to draw a line somewhere.
     
  20. LakeEffect

    LakeEffect Average Circulated Supporter

    FWIW, the Delaware issue is now up on the Mint's website. They went for the woman's silhouette motif. Either that, or it's a map of the coast of Africa. Hey, I just realized that if the device is a cameo, and the finish is cameo, we may see ultra deep cameo-cameo's.

    Personally, I've no interest in this series.
     
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  21. ljkvette

    ljkvette Member

    I am collecting the series as I missed out on the 2 quarter series.
     
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