
This is the first time in 100 years that an image of a living president has appeared on a U.S. currency.
AI-generated summary
U.S. law prohibits the placement of pictures of living persons on banknotes, but these rules do not apply to coins.
According to the United States Mint, on Wednesday it introduced a one-dollar coin with a portrait of President Donald Trump. It added, as quoted by the BBC, that this special edition coin, issued to celebrate America's 250th anniversary, reflects the "spirit, pride and heritage of the nation."
Although the coins are gold in color, they do not contain real gold. They consist of 88.5 percent. from copper, and the rest are zinc, manganese and nickel. Their price is $61 - approximately PLN 227.30 - for a roll of 25 pieces and $154.50 for a bag of 100 pieces.
Controversy
The BBC notes that this is the first time in a hundred years that the image of a living president has appeared on American currency. However, US law distinguishes between banknotes and coins.
Federal regulations, specifically the so-called Thayer Amendment of 1866, prohibit the printing of images of any living person on U.S. banknotes, although this does not apply to coins.
Trump's allies in Congress have introduced a bill that would create an exception, though the proposal is currently on hold. Where does the bill come from? In May, Treasury Secretary Scott Bessent announced that his department planned to issue a new $250 bill with President Trump's image.
Bessent then emphasized that the country's currency already featured the image of another living US president - the half-dollar issued in 1926 on the occasion of the 150th anniversary of the founding of the United States depicted then-president Calvin Coolidge.

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