Politics
U.S. Mint releases collectible $1 coin depicting Donald Trump for nation's 250th anniversary
The gold-colored legal tender coins retail above face value and cite 2020 commemorative legislation to feature a living president.
The short version
- The U.S. Mint began selling gold-colored $1 coins featuring President Donald Trump to commemorate America's 250th anniversary.
- Purchases are sold in rolls and bags priced between $1.55 and $2.44 per coin, above face value, with household order limits in place initially.
- While general federal policy prohibits living persons from appearing on currency, officials cited a 2020 law permitting special semiquincentennial designs.
Key facts
- The $1 coin features Donald Trump's likeness on the obverse and the Great Seal or presidential seal on the reverse.[Associated Press · CBS News]
- The coin design was approved by the U.S. Commission of Fine Arts.[Associated Press]
- The coins are legal tender made mostly of copper, zinc, manganese, and nickel, containing no real gold.[Associated Press · CBS News]
- A roll of 25 coins sells for $61 and a bag of 100 costs $154.50, with 250,000 special coins bearing a 'July 4th' privy mark randomly inserted into shipments.[Associated Press · CBS News]
- Federal rules generally restrict U.S. currency to deceased individuals, but the administration pointed to a 2020 statute authorizing new semiquincentennial designs.[Associated Press · CBS News]
What remains uncertain
- It is unclear whether legal challenges will be filed contesting the authority to depict a living president on the coins.[Associated Press]