U.S. Mint to issue $1 gold coin with President Trump's face

The U.S. Mint is set to issue a new $1 gold coin bearing the likeness of President Trump, announced by U.S. Treasury Secretary Scott Bessent. This move is presented as part of the administration's broader initiative to commemorate the nation's 250th anniversary.

Bessent stated on X that the coin aims to "honor the enduring legacy of liberty and a lasting symbol of patriotism." He added that featuring President Trump "celebrates the strength of American values, and the promise of a nation dedicated to preserving freedom for all."

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Featuring President Trump, it celebrates the strength of American values, and the promise of a nation dedicated to preserving freedom for all.

However, the plan faces a legal hurdle. Current federal law stipulates that only portraits of deceased individuals can appear on U.S. currency and securities. The U.S. Code explicitly states, "Only the portrait of a deceased individual may appear on United States currency and securities. The name of the individual shall be inscribed below the portrait."

This means that for President Trump's image to be included on the coin, new legislation would be required to alter the existing rules. The Treasury Department has not yet commented on the number of coins planned for release or their distribution. The Trump administration had previously proposed a similar design for a semiquincentennial coin, arguing that a 2020 law allowed for new designs to commemorate the U.S. semiquincentennial.

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Only the portrait of a deceased individual may appear on United States currency and securities. The name of the individual shall be inscribed below the portrait.