$1 gold Trump coins go on sale Sept. 2
Key Points:
- The U.S. Mint will begin selling a $1 gold coin featuring President Donald Trump’s face on September 2, marking the first time in over a century that a living person appears on American currency.
- The coins, priced at $154.50 for 100 or $61 for 25, commemorate the nation’s 250th anniversary and include a special batch of 250,000 coins with a “July 4” privy mark.
- The Treasury has also proposed a $250 bill and a 24K gold commemorative coin featuring Trump, though both the new $1 coin and the gold coin lack approval from the Citizens Coinage Advisory Committee.
- Some Democrats and collectors question the coins’ legality, citing a federal law restricting currency portraits to deceased individuals, but the Treasury cites a 2020 law permitting a $1 coin honoring the semiquincentennial.
- Despite being called “gold coins,” the $1 coins contain no precious metals and instead have a gold-like finish; historically, presidents such as George Washington avoided appearing on currency during their lifetimes.