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Posted on 09/02/2026 2:17:44 PM PDT by dennisw
In 2020, Congress passed a law allowing the Treasury Department to mint special $1 coins for the 250th anniversary.
That law states that images of living people can not be shown on the reverse side of the coin but allows for the front to showcase Trump's face.
Donald Trump's brand-new gold-colored $1 coin sparked chaos at the US Mint as a record rush of buyers overwhelmed its website and left customers stuck in massive virtual queues.
The Treasury Department made the coin available on Wednesday as part of the nation's 250th anniversary celebration.
A portrait of Trump's face is featured on the front of the coin with the inscriptions 'Liberty,' 'In God We Trust', and '1776 ~ 2026.'
Despite not being released into general circulation, the Philadelphia-minted coins are legal tender and can be spent like any other US currency.
The government is selling the coin in collector bundles of 25 or 100 per bag, ranging from $61 to $154. Each coin is priced at a markup of more than 50 percent above their actual value.
Online shoppers are being forced to wait upwards of an hour to even access the US mint's webpage in order to purchase the coins.
The coin's release hands Trump a symbolic victory after his administration pushed to place his likeness on US money. His policy breaks with a centuries-old tradition against featuring living figures on American currency.
Despite their gold appearance, the coins contain no gold and are made mostly of copper, along with nickel and manganese.
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The Kennedy half dollars contain silver
And the Kennedy half dollars were sold for ... wait for it, a half dollar. Not issued as collectibles.
I bought a bag of silver coins. One of them had Bill Clinton on it.
The JFM - what is that?
"DON'T LOOK AT THE TRUMP COIN!"
For them, it is like "Don't think of Pink Elephants."
It is all they will be capable of thinking of!
Yes.
> As an investment, worthless, unlike the Obama coins.
Because as every collector knows, a coin minted with a mistake or error, is always more valuable....<
That is a masterful, highly professional, 100% spot on post. Kudos.
EC
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