1 Introductory Coin P
To introduce the new series in 2018—before the States and territories are honored—a special American Innovation $1 Coin was minted and issued. The coin pays homage to President George Washington who issued the first U.S. patent to Samuel Hopkins on July 31, 1790, for developing a process for making potash, an ingredient found in fertilizer. Millions of patents have been issued since then, a testament to our nation’s entrepreneurial spirit, and the remarkable innovation and discovery it unleashes.
The obverse (heads) design features a dramatic representation of the Statue of Liberty in profile.
The reverse (tails) design features George Washington’s signature. The stylized gears represent industry and innovation.