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Matzav

Trump to Appear on New $1 Gold Coin

Jul 16, 2026·3 min read

The U.S. Treasury Department announced Wednesday that the U.S. Mint will begin producing a commemorative $1 coin featuring President Donald Trump as part of the nation’s 250th anniversary celebration. Treasury Secretary Scott Bessent said the new coin is intended to honor both America’s founding ideals and Trump’s leadership.

Bessent introduced the design in a post on X, describing it as a tribute to the nation’s enduring commitment to freedom and patriotism.

“As America commemorates 250 years of independence, the @USMint will begin striking this new $1 gold coin to honor the enduring legacy of liberty and a lasting symbol of patriotism,” Bessent wrote Wednesday morning on X.

“Featuring President Trump, it celebrates the strength of American values, and the promise of a nation dedicated to preserving freedom for all.”

The front of the coin will display Trump’s portrait along with the words “In God We Trust” and the dates “1776-2026.”

On the reverse, the presidential seal will appear with the number “250” prominently displayed on the shield, marking the nation’s semiquincentennial celebration.

Despite being described as a gold coin, Treasury officials clarified that it contains no gold or any other precious metal. Instead, it is manufactured from base metals and finished with a gold-colored coating.

The coins will be struck at the U.S. Mint’s Philadelphia facility and are expected to go on sale this fall in collector bags and rolls.

According to Politico, the commemorative issue is authorized under bipartisan legislation signed by President Trump in 2020 directing the Treasury Department to produce special $1 coins honoring America’s 250th anniversary in 2026.

Although the law prohibits images of individuals from appearing on the reverse side of the coin, it has generated debate over whether a sitting president may legally be depicted on the obverse.

Treasury officials have defended the design, saying attorneys for both the Mint and the Treasury Department concluded that the coin fully complies with applicable federal law.

The Wall Street Journal reported that the Commission of Fine Arts, which now includes several members appointed by President Trump, approved the design earlier this year.

Not everyone agrees with the decision. Members of the bipartisan Citizens Coinage Advisory Committee have argued that placing a living president on U.S. coinage departs from a long-established national tradition.

Opponents—including Democratic lawmakers and some numismatic experts—have also maintained that the design breaks with historical precedent.

Federal law expressly prohibits living individuals from appearing on U.S. paper currency, while separate legislation governing the Presidential $1 Coin Program likewise bars coins in that series from honoring living presidents.

Supporters of the new coin argue that those restrictions do not apply because this commemorative issue was authorized under separate legislation specifically enacted for the nation’s 250th anniversary, giving the Treasury Department the legal authority to proceed.

The Trump commemorative coin is one of several initiatives planned as part of the United States’ semiquincentennial observance, which the administration has said will celebrate the country’s history, founding principles, and enduring patriotism.

The announcement also comes after earlier proposals from some Republican lawmakers to feature Trump on a new $250 bill. That proposal has not moved forward because federal law prohibits living individuals from appearing on paper currency.

{Matzav.com}

View original on Matzav