Your thoughts on the American Innovation Series??

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

  1. Mikey S

    Mikey S Member

    Is anyone out there excited about the American Innovation series? Non-circulating series are akin to Franklin Mint products that are initially popular and pricey but have no long time collector value. They are a certainly money makers for the Mint, grading companies and “label” sellers, but personally I have no interest in this series. Is there a future collector value to these coins or am I missing something?
     
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  3. SchwaVB57

    SchwaVB57 Well-Known Member

    In our lifetime the coins will be over priced, but the amount of collectors that save them will be small. The coins are sleepers for our grand-children in my opinion.
     
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  4. messydesk

    messydesk Well-Known Member

    I currently have no interest in this series or the paranumismatic products (i.e., special holders, packaging, and labels) that will accompany it.
     
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  5. Inspector43

    Inspector43 70 Year Collector

    I quit getting tokens from the mint. They have gone the way of the USPS. USPS is making wallpaper an d the US Mint is making ballast. I collected stamps for 70 years just like my coin collecting. With hundreds of new stamps and coins coming out each year it is expensive and virtually impossible to track. The US Mint and the USPS are putting out so much trash. Manufacturing collectables like, as above, the Franklin Mint, and catering to the big dealers and slab makers is all they are about. If it doesn't go into circulation it is not a coin it is a token. In short, no I am not interested in the Innovation Series.
     
  6. Mikey S

    Mikey S Member

    To quote Gordon Gekko, this series is “a dog with different fleas.” A agree with a commenter on here who said that they wished the mint would go back to just making the standard coins for circulation but that isn’t going to happen as long as the Numismatic Division continues to be self-funded.
     
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  7. CoinCorgi

    CoinCorgi Derp, derp, derp!

    I got the first one issued, but just for my type set. That'll be it probably.
     
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  8. Joshua Lemons

    Joshua Lemons Member

    Reading current articles about the series and seeing proposed designs, I am actually excited about the series. I think it allows for vastly different subject matter and images on the coins. The state and park quarters became boring with too many designs of mountains, birds and overused landmarks.
     
  9. tommyc03

    tommyc03 Senior Member

    No, these are not for me at my age. I will be done with all current Mint offerings upon the completion of the ATB quarters. But I certainly would not discourage young collectors from pursuing these. My only interest now is topping off key dates from past series and roll searching for the fun of it. And everyone should collect what pleases them, that's the real fun in this hobby.
     
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  10. Inspector43

    Inspector43 70 Year Collector

    I quit the President Series when the mint made it impossible for the average collector to get the coins from the mint. They put them in lots that only the big dealers could buy. They did it because they needed to unload them. So, they didn't learn anything.
     
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  11. Inspector43

    Inspector43 70 Year Collector

    The US Mint uses the philosophy that "...there is a sucker born every minute..." They get you hooked on a series and then add additional pieces. Just look at the America the Beautiful series. In 2012 they added the circulation grade quarters made in San Francisco and only available in bags and rolls from the mint. Another coin that demands a premium either from the mint or from a dealer. When will the suckers quit biting? I'll tell you - when the US Coin Collector stops collecting mint trinkets, tokens paper packages made to look like collectables.
     
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  12. tommyc03

    tommyc03 Senior Member

    Like yourself, I also collected stamps, U.S., Canada and foreign until the U.S. issued the Elvis stamp. All wallpaper as you said. Although my collections are nice, I can expect no return on the foreign, but it was fun. I only continued my Canada collection for some years after the Elvis release and focused on MNH early and B.O.B. issues which ended up being fairly impressive. It's soon coming time to find the right dealer and say goodbye though.
     
  13. Inspector43

    Inspector43 70 Year Collector

    I use my USPS stock for postage. Sometimes I have to put a little extra postage on, but, I need to unload my extra stamps because they have no other value. The same with my overage of Presidential and Sacagawea dollars. I just need to spend them.
     
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  14. Collecting Nut

    Collecting Nut Borderline Hoarder

    I bought one of the first one. Why, I don't know but I'm not interested in the other issues. They're all overpriced.
     
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  15. Inspector43

    Inspector43 70 Year Collector

    I also bought the first one simply for type sets I am making for my grandchildren and great grandchildren. That will be it. I have 32 type sets to put together. They will each start with coins 100 years older than the child. The sets will include coins from the date of birth of their great grand parents, grand parents and parents. One of the new series will be included. I will be too busy to think about future tokens the mint might put out.
     
  16. Mikey S

    Mikey S Member

    You’re a great grandfather - all mine left me were some really worn buffalo nickels and a set of rusty golf clubs.
     
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  17. Inspector43

    Inspector43 70 Year Collector

    Welcome to CT. It ain't going to be easy with the type sets. But, I do have enough coins and might have enough time. Hope to hear from you now and then.
     
  18. Burton Strauss III

    Burton Strauss III Supporter! Supporter

    Nope
    Couldn't give the furry posterior of a rodent...
     
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  19. Robert L Miller

    Robert L Miller New Member

     
  20. whopper64

    whopper64 Member

    That's what I'm doing for my daughter, all beginning 100 years before her grandparents (on both sides), her parents (us), and herself, then moving on to specific milestones, anniversaries, graduations, special occasions etc. All simply for history and sentiment, but it's fun to do it. Coins include Sacagawea from 2000, since that's when she graduated from H.S. Full set also includes some varieties and the satins, enhanced, and other special finishes up to the present.
     
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  21. johnmilton

    johnmilton Well-Known Member

    The mint is releasing so much of this unnecessary and excessive material that it might well continue to “sleep” for all of the coming generations. I am a type collector, and I used to want one example of every design, but I have had no desire to keep up with this “stuff.”
     
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