U.S. Mint Sells Trump $1 Coins for $61 as Treasury Cites 2020 Law
Updated
Updated · New York Magazine · Sep 2
U.S. Mint Sells Trump $1 Coins for $61 as Treasury Cites 2020 Law
3 articles · Updated · New York Magazine · Sep 2
Summary
$1 Trump coins are now on sale through the U.S. Mint in rolls of 25 for $61 and bags of 100 for $154.50, with the agency pitching them as semiquincentennial collector items that also count as legal tender.
2020 legislation is the administration's basis for the release: Treasury says the law lets it mint anniversary-themed $1 coins, sidestepping the long-standing rule against depicting living people on U.S. money.
Calvin Coolidge's appearance on a 1926 commemorative coin is being cited as precedent, though this is still only the second time a living U.S. president has appeared on U.S. coinage.
May pressure inside Treasury to pursue a Trump $250 bill had already exposed broader legal and procedural friction, including congressional approval requirements and objections from currency officials.