Gold Trump coin moves forward after Treasury invokes rare authority
Key Points:
- The U.S. Mint is proceeding with a gold commemorative coin featuring sitting President Donald Trump after the federal Commission of Fine Arts approved the design, citing a legal provision allowing such inclusion despite traditional restrictions against living individuals on U.S. currency.
- Treasury officials referenced 31 U.S.C. § 5112, which grants the Treasury Secretary discretion to authorize bullion and proof gold coins with designs of their choosing, enabling this potential break from precedent.
- The approved coin design shows Trump in a suit with a stern expression, accompanied by inscriptions marking the nation's 250th anniversary (1776–2026), while the reverse side is expected to feature a bald eagle in flight.
- This commemorative coin will be part of a limited