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BackUS Mint releases golden dollar coin featuring President Trump's likeness
US Mint releases golden dollar coin featuring President Trump's likeness
Developing
Euronews Business1 hour agoBusiness2 min read

US Mint releases golden dollar coin featuring President Trump's likeness

Quick Look

  • The US Mint has released a golden dollar coin featuring President Donald Trump's face, priced at $61 for a 25-coin roll and $154.50 for a 100-coin bag.
  • Despite its name, the coin contains no gold and is made of copper, zinc, manganese and nickel.
  • The release follows legal controversy over depicting a living president on circulating currency, relying on the 2020 Circulating Collectible Coin Redesign Act.

AI-generated summary

Why It Matters

The US Mint released a golden dollar coin featuring President Trump's likeness, authorized under the Circulating Collectible Coin Redesign Act of 2020. The coin is intended for circulation but faces legal scrutiny as US law generally prohibits portraits of living people on currency.

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American money now carries the current US president's face.

The US Mint confirmed on Thursday that the "golden dollar" featuring the likeness of US President Donald Trump has been released, urging people to check their pocket change while collectors can buy it in rolls and bags sold exclusively through its own channels.

The products are priced at $61 for a 25-coin roll and $154.50 for a 100-coin bag.

In practice, finding one in everyday change may take patience, since dollar coins have caught on widely with American shoppers and circulate far more sparsely than notes.

Collectors also have another detail to chase as the US Mint struck 250,000 of the coins on 4 July carrying a special "July 4th" privy mark, dispersed through the rolls and bags.

Despite its colour, the coin contains no gold, being 88.5% copper with smaller quantities of zinc, manganese and nickel.

The coin was struck in Philadelphia and carries no mint mark.

Chief Engraver Joseph Menna designed the obverse from an official White House photograph, showing Trump facing almost directly forward beneath the inscriptions "LIBERTY", "IN GOD WE TRUST" and the dual date 1776 to 2026.

The reverse carries the Presidential Seal, originally sculpted by former chief engraver Frank Gasparro, with the numeral 250 added to the eagle's shield to mark the country's 250th anniversary.

There is one precedent for this initiative, though an imperfect one.

Calvin Coolidge appeared alongside George Washington on a 1926 half dollar marking 150 years of independence, making him the first living president on American coinage.

However, that was a commemorative issue rather than a coin intended for daily use. The legal basis for placing a Trump coin in circulation has been contested.

US law generally bars portraits of living people from coins, and the administration has relied on the Circulating Collectible Coin Redesign Act of 2020, signed by Trump during his first term, which permits $1 coins bearing designs emblematic of the anniversary throughout 2026.

The design process also drew criticism.

The US Commission of Fine Arts had recommended a profile portrait and a different eagle design, neither of which was adopted, while the Citizens Coinage Advisory Committee, which normally reviews Mint designs, declined to consider it.

What to Watch

AI outlook — possibilities, not facts

  • Legal challenges to the Trump coin's circulation will be resolved within months

    Possible · Within months

Open Questions

  • Will legal challenges succeed in removing the Trump coin from circulation?
  • How many of the coins will actually circulate versus being held by collectors?
  • Will future administrations use the 2020 Act to feature other living presidents on coins?

Related Topics

This article was originally published by Euronews Business.

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