The United States Mint is set to introduce a new gold-colored $1 coin featuring President Donald Trump as part of the country's celebrations marking the 250th anniversary of American independence in 2026. The announcement was confirmed this week by U.S. Treasury Secretary Scott Bessent.
According to the Treasury Department, one side of the coin will feature a portrait of President Trump alongside the national motto, "In God We Trust." The design will also include the word "Liberty" and the years "1776–2026." The reverse side will depict a bald eagle holding arrows in one talon and an olive branch in the other, symbolizing the nation's readiness for defense and commitment to peace.
Since beginning his second term in office, the Trump administration has promoted initiatives to incorporate the president's name and image into various official items and government documents. Previous proposals have included commemorative passports bearing Trump's image, adding his signature to redesigned $100 banknotes, issuing a 24-karat gold commemorative coin, and introducing a commemorative $250 note.
In a post on social media platform X, Treasury Secretary Scott Bessent said the new coin is intended to symbolize American values, freedom, and national commitment as the country marks its historic milestone.
The announcement has sparked debate over whether featuring a living president on a U.S. coin is legally permissible. While a law passed in 2020 authorizes the Treasury Department to issue a special $1 coin to commemorate the nation's 250th anniversary, long-standing U.S. policy generally limits the depiction of living individuals on official circulating coinage.
Speaking to Fox News, Bessent argued that there is historical precedent, noting that a commemorative coin featuring then-President Calvin Coolidge was issued during the celebration of the 150th anniversary of American independence in 1926.
The final design also differs from recommendations made by the Commission of Fine Arts, whose members were appointed by President Trump. The commission had suggested using a side-profile portrait, but the approved design instead features a front-facing image of the president. Under U.S. law, the Treasury Secretary has the final authority over the coin's design.
Megan Sullivan, acting head of design management at the U.S. Mint, said legal reviews found no statutory obstacle preventing the proposed design. She added that the new coin will be slightly larger than a U.S. quarter, made from manganese brass, and will have a distinctive gold-colored appearance.
The Treasury Department noted that this circulating $1 coin is separate from the proposed 24-karat gold commemorative coin. In June, Democratic senators called for the suspension of that separate gold coin project, citing concerns over the potential involvement of foreign criminal networks in the U.S. Mint's gold supply chain.
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