Updated
Updated · New York Magazine · Sep 2
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.

Insights

How did this new anniversary dollar break a long-standing historical rule against featuring living presidents on American currency?
Why is the U.S. Mint charging double the face value for a new commemorative dollar that contains no real gold?
With a quarter-million rare versions secretly hidden in regular shipments, how can you spot the ultimate anniversary coin?