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Latest

U.S. Mint Begins Selling Trump $1 Coins. Are They Legal?

TIME ·
U.S. Mint Begins Selling Trump $1 Coins. Are They Legal?

Treasury Secretary Scott Bessent shared a photographic rendering of a commemorative $1 coin featuring the likeness of President Donald Trump on social media on July 15, 2026. —Treasury Secretary Scott Bessent The U.S.

Mint began selling $1 coins bearing a likeness of President Donald Trump on Wednesday, making him the first living president in a century to have his face on currency.

Celebrating the nation’s semiquincentennial, the gold-colored coins—which do not contain any precious metal—will feature a portrait of the president on one side, along with inscriptions of “LIBERTY,” “IN GOD WE TRUST,” and “1776 ~ 2026.” On the other side is an illustration of the presidential seal and inscriptions of “UNITED STATES OF AMERICA” and “ONE DOLLAR.” Read More: All the Things Trump Has Put His Name and Face on as President Certain coins will feature an additional commemorative emblem.

The U.S.

Mint said that 250,000 of the coins were struck on July 4 in Philadelphia, and those are embellished with a special “July 4th” privy mark.

The coins will be distributed at random among the rolls and bags that are sold.

Collectors can purchase a 25-coin roll for $61 or a 100-coin bag for $154.50.

There is a limit of two of any product per household in place through Thursday.

While they are being sold as numismatic products, at a premium, they can be used for legal tender, according to the U.S.

Mint.

The coin, which is being pressed at the Philadelphia Mint, was first announced in July by Treasury Secretary Scott Bessent.

He wrote on X that the coin “celebrates the strength of American values, and the promise of a nation dedicated to preserving freedom for all.” Although this will be the first currency featuring Trump to enter production, it is not the first that has been proposed by the Treasury.

Earlier this year, Bessent unveiled plans for Trump to appear on a commemorative $250 bill, and the U.S.

Commission of Fine Arts voted to approve a 24-karat gold commemorative coin featuring Trump’s face in March.

Read the full article on TIME ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on time.com — the content belongs to TIME.

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