1 Dollar American Innovation - Tennessee

Reverse

Tennessee farm with newly installed power lines lining the road.

Script: Latin

Lettering:
UNITED STATES OF AMERICA
TENNESSEE VALLEY AUTHORITY
MMS
JPM
TENNESSEE

Engraver: Joseph Menna

Designer: Matt Swaim

Edge

The year of minting (2022), mintmark, and inscription “E PLURIBUS UNUM” and stars are incused on the edge of the coins.

Script: Latin

Lettering: 2022 P E PLURIBUS UNUM

Comment

The American Innovation $1 Coin representing Tennessee recognizes the formation of the Tennessee Valley Authority. In 1933, Congress created the Tennessee Valley Authority (TVA) to construct transmission lines to serve “farms and small villages that are not otherwise supplied with electricity at reasonable rates.” As late as the mid-1930s, nine out of ten rural homes were without electric service.

The TVA built 16 hydroelectric dams in the Tennessee Valley between 1933 and 1944. Through the power of the TVA projects, Tennessee quickly became the nation’s largest public utility supplier.

The TVA organized an experimental farmer-owned rural electric cooperative to serve the area around Tupelo, Mississippi. The cooperative succeeded, and the federal government created a special agency dedicated solely to rural electrification, the Rural Electrification Administration (REA).

The REA gave loans and other help to rural organizations setting up their own power systems. By 1939, the REA had helped to establish 417 rural electric cooperatives across the United States. Most rural electrification is the product of these cooperatives.

Interesting fact

Price

Date	Mintage	VG	F	VF	XF	AU	UNC
2022 D		-	-	-	-	-	-
2022 P		-	-	-	-	-	-
2022 S		-	-	-	-	-	-

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Dollar (American Innovation - Tennessee) 2022 coin.