Updated
Updated · POLITICO · Jul 15
US Mint Starts Trump $1 Coin Production for 2026, Testing Ban on Living Figures
Updated
Updated · POLITICO · Jul 15

US Mint Starts Trump $1 Coin Production for 2026, Testing Ban on Living Figures

3 articles · Updated · POLITICO · Jul 15

Summary

  • The Treasury said the US Mint has begun producing $1 semiquincentennial coins bearing Donald Trump’s likeness, with rolls and bags set to go on sale in the fall.
  • The move relies on a 2020 bipartisan law Trump signed authorizing 2026 dollar coins with designs “emblematic” of the 250th anniversary, which officials say permits the portrait.
  • Mint and Treasury lawyers concluded the design does not violate currency law, despite long-standing restrictions generally barring living people from appearing on US money and a 2007 rule excluding living presidents from the Presidential $1 program.
  • The final coin appears narrower than an earlier draft that showed Trump on both sides, including a reverse image with “FIGHT FIGHT FIGHT,” underscoring how legally and politically sensitive the design remains.

Insights

What precedent does this coin set for featuring living individuals on U.S. currency, despite a 160-year-old law against it?
As the U.S. Mint faces scrutiny over its gold sources, what new standards will ensure its commemorative coins are ethically produced?
How will the 28% 'collectibles' tax rate affect the investment potential of the new 250th-anniversary commemorative coins?