2018-P Introductory Innovation Dollar
Circulation strike struck at the Philadelphia Mint · 2,143,925 made
- Mintage
- 2,143,925
- Metal
- Manganese brass
- Weight
- 8.1 g
- Diameter
- 26.49 mm
Original illustration. Tap to flip. Not a photograph of the actual coin.
Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.
What is a 2018-P Introductory Innovation Dollar worth?
In circulated condition it's worth face value. Only uncirculated coins with full original luster, or a recognized variety, carry a premium.
What would make yours worth more:
- Uncirculated condition with full original luster
- A die variety or minting error
For market prices, check recent sold results for certified coins in the same grade.
Quick answers
- Is the 2018-P Introductory Innovation Dollar rare?
- No. With 2.1 million made, it's one of the most common American Innovation Dollars.
- Is the 2018-P Introductory Innovation Dollar silver?
- No. It's manganese brass (88.5% copper, 6% zinc, 3.5% manganese, 2% nickel). Circulating silver dollars ended with the 1935 Peace dollar. Some Eisenhower dollars with an S mint mark were made in 40% silver for collectors, but circulation Ike dollars are copper-nickel clad.
- Where is the mint mark on a 2018 American Innovation Dollar?
- On the edge, incused with the date. On this coin the mark is P, for Philadelphia.
- How many 2018-P Introductory Innovation Dollar coins were made?
- 2,143,925.
What to check on your 2018-P
- Make sure the mint mark really is a P. A worn or filled mark can be misread. It's what separates your coin from the 2018-D (2.1 million made).
- Proof or circulation strike? A proof has mirror-like fields and frosted design details and was sold to collectors, not released in change. The 2018-S Introductory Innovation Dollar Proof (243,567 made) is the one to compare with.
- Judge the grade under good light. These are sold in rolls, bags and sets, so most survive uncirculated. Value depends on luster and freedom from marks.
With 2 million made, the 2018-P still turns up in everyday change. Keep yours only if it looks uncirculated or shows a variety; otherwise it's worth face value.
The story of the 2018-P Introductory
Philadelphia made 2,143,925 of the Introductory innovation dollar.
Denver struck a similar number of the same design (2.1 million), so neither mint's version is much harder to find.
Across the whole program it's one of the most plentiful Philadelphia designs.
More on the 2018-P
Philadelphia struck 2,143,925 introductory dollars, a hair fewer than Denver, so neither version has any edge in scarcity. The gap that matters is with the later state issues. Philadelphia's state coins of 2020 to 2024 came in at around 400,000 to 525,000 each, which makes this 2018-P roughly four to five times as plentiful as a typical later design. It's the most common Philadelphia Innovation dollar you're likely to meet.
Think of the 2018-P as a starter coin. It's inexpensive in uncirculated condition, easy to find in original Mint rolls and it opens a series planned to cover every state and territory. Coins that rattled around in bags often show small contact marks on the open fields beside the four gears, so a piece with smooth, unbroken luster is the one to keep. Expect face value or a small premium. The Innovation dollars that collectors actually chase are the later state issues with much lower mintages, so don't pay extra for a 2018 just because it came first.
Elsewhere in US coinage in 2018
The American Innovation dollar program began, with a new reverse for each state and territory celebrating an invention or innovator.
How to recognize it
The Introductory design
The 2018 introductory coin opened the American Innovation series by honoring the idea of innovation rather than a single state. Its reverse shows George Washington's signature above the words SIGNED FIRST PATENT, accompanied by four stylized gears that stand for industry. The inscription AMERICAN INNOVATORS completes the design. Washington signed the first United States patent on July 31, 1790, granted to Samuel Hopkins for a process of making potash. That grant began the federal patent system that has protected American inventors ever since.
The American Innovation Dollar design
The obverse shows the Statue of Liberty in profile with IN GOD WE TRUST and $1. Each reverse honors an innovation or innovator from one state or territory, issued in the order the states joined the Union. The date, mint mark and E PLURIBUS UNUM are lettered on the edge, which is where to look for the mint mark.
Mintage chart
Specifications
| Series | American Innovation Dollar (2018–present) |
|---|---|
| Year | 2018 |
| Mint | Philadelphia Mint |
| Mint mark | "P" |
| Strike type | Circulation strike |
| Mintage | 2,143,925 |
| Face value | $1 |
| Composition | Manganese brass (88.5% copper, 6% zinc, 3.5% manganese, 2% nickel) |
| Weight | 8.1 grams |
| Diameter | 26.49 mm |
| Edge | Lettered with the date, mint mark and E PLURIBUS UNUM |
| Designer | Various artists |
Other 2018 American Innovation Dollar issues
| Coin | Mintage | Type | Silver |
|---|---|---|---|
| 2018-P Introductory Innovation Dollar | 2,143,925 | Circulation strike | – |
| 2018-D Introductory Innovation Dollar | 2,148,525 | Circulation strike | – |
| 2018-S Introductory Innovation Dollar Proof | 243,567 | Proof | – |
| 2018-S Introductory Innovation Dollar Reverse Proof | 74,720 | Reverse proof | – |
Mintage: American Innovation dollars (Wikipedia, CC BY-SA 4.0), compiled from US Mint records and the Guide Book of United States Coins. How we build these pages.