US Mint begins production of $1 commemorative coin with Trump's portrait for 250th anniversary
Treasury Secretary Scott Bessent announced the coin on Wednesday, part of the nation's semiquincentennial celebrations, with a fall release planned despite legal questions over living presidents on currency.
The announcement and design
The US Mint has started producing a $1 coin featuring President Donald Trump, Treasury Secretary Scott Bessent announced on Wednesday. The coin commemorates the 250th anniversary of American independence and is scheduled for release this fall. Its final design was approved earlier this year by the US Commission of Fine Arts, whose members were appointed by Trump, though the version revealed on Wednesday differs from that earlier approval. The coin carries a gold finish rather than being made of solid gold, and features Trump in a suit and tie with a stern expression on the front, with the word "LIBERTY" along the top edge, the dates 1776-2026 along the bottom, and the phrase "IN GOD WE TRUST" positioned in the center.
On the reverse side, the coin shows the traditional bald eagle from the Great Seal of the United States. The words "UNITED STATES OF AMERICA" are inscribed around the top edge, and the shield on the eagle's chest bears the Latin phrase "E PLURIBUS UNUM." Bessent said in a social media post that the coin is intended to honor "the enduring legacy of liberty and a lasting symbol of patriotism."
Featuring President Trump, it celebrates the strength of American values, and the promise of a nation dedicated to preserving freedom for all.
Trump told Fox Business he was "honored" by the coin.
They gave me a coin. That's very unusual from what I understand.
Design evolution from earlier draft
The final design represents a notable scaling back from an ambitious draft made public in October. That earlier version, obtained by POLITICO, depicted Trump on both sides of the coin, with the reverse showing him holding a raised clenched fist and the words "FIGHT FIGHT FIGHT" inscribed above, a reference to the 2024 assassination attempt against him. The approved version replaces that imagery with the traditional bald eagle motif. Among the changes from the draft, the coin has also received a gold finish rather than being solid gold.
Legal questions and statutory authority
Critics have raised questions about the coin's legality. An 1866 US law mandates that no living person's portrait can appear on US currency, a tradition meant to avoid the appearance of monarchy. However, that statute specifically refers to paper money produced by the Bureau of Engraving and Printing, not coins minted by the US Mint. The Circulating Collectible Coin Redesign Act of 2020, signed by Trump himself, authorized the Treasury Secretary to issue dollar coins during 2026 with designs "emblematic of the United States semiquincentennial." That same law, however, forbade designs portraying a living person. When Congress created the Presidential $1 Coin Program in 2007, it dictated that no living presidents, or those deceased less than two years, could appear on those coins.
Broader currency and legacy efforts
The $1 coin is one of several initiatives tying Trump's legacy to American currency. His signature will soon appear on US paper currency, along with Bessent's, marking the first time a sitting president's signature appears on legal tender. To accommodate this, the treasurer's signature will be removed for the first time since 1861. Those notes are being printed now and will enter circulation later this year. Some in Congress and the Treasury floated creating a $250 bill with Trump's portrait earlier this year, but that would require new legislation from Congress since paper currency cannot include images of the living. Republicans on Capitol Hill largely did not reciprocate excitement for the $250 bill proposal, according to POLITICO.
- Trump signs Circulating Collectible Coin Redesign Act, authorizing Treasury Secretary to issue semiquincentennial $1 coins in 2026.
- Draft coin design obtained by POLITICO shows Trump on both sides with raised fist and 'FIGHT FIGHT FIGHT' inscription.
- Announcement that Trump's signature will appear on US paper currency for the first time.
- Treasury Secretary Bessent announces US Mint has begun producing the gold $1 Trump coin for fall release.
Wider branding and commemorative projects
Trump's image has already appeared on special commemorative passport editions for the 250th anniversary. His name has been attached to a prescription drug portal and investment accounts for newborn children, according to wnp.pl. Last week, Palm Beach International Airport was renamed Donald J. Trump International Airport by Florida state authorities. During the anniversary celebrations, Trump presided over a mixed martial arts event at the White House and has promised to install a large "arch of triumph" on the National Mall. The US Mint currently sells semiquincentennial proof sets for $107. Bessent's announcement did not specify how many of the new coins would be minted or whether they are intended for wide circulation or as commemorative collectibles.
Previous currency debate
Changes to American money tend to be politically charged. A 2016 Obama-era push to place Harriet Tubman on the $20 note stalled during the first Trump administration, and Bessent said this month that the Treasury has no plans to carry out that initiative. The new coin drew rebukes from Democrats, the New York Times reported, though neither the Treasury, the US Mint, nor the White House responded to requests for comment on Wednesday.
