Bessent Unveils New $1 Gold Coin Featuring Trump’s Face


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Treasury Secretary Scott Bessent on Wednesday unveiled the first images of a $1 gold coin featuring President Donald Trump’s face, weeks after he revealed a new $250 bill with the president’s face, despite U.S. law prohibiting living people from appearing on currency. Read the full story on Forbes: https://www.forbes.com/sites/sil

Treasury Secretary Scott Bessent has unveiled images of a new $1 gold coin featuring the portrait of President Donald Trump. This announcement follows the recent introduction of a $250 bill also bearing the President's image.

Coin Design and Significance

The coin features President Trump's face on one side, accompanied by the traditional inscriptions "In God We Trust" and "Liberty," along with the dates "1776 to 2026" [00:18]. According to Bessent, the initiative aims to commemorate 250 years of American independence and celebrate national values [00:41]. The design aligns with one of the proposed anniversary concepts previously revealed by the US Mint [00:51].

Legal and Legislative Context

The initiative has drawn attention due to federal law prohibiting the likeness of living individuals on US currency [00:08]. The current administration maintains that this specific coin circumvents such restrictions [01:06]. This ongoing debate includes:

Democratic Opposition: In December, lawmakers introduced

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the "Change Corruption Act," a bill intended to explicitly ban the likeness of a living or sitting president from appearing on currency [01:22].

Existing Precedents: The Presidential $1 Coin Act of 2005 currently restricts the circulation of $1 coins to those featuring deceased presidents [01:29].

Additional Commemorative Efforts

Beyond the $1 coin, a separate 24-karat gold commemorative coin was approved by a Federal Commission of Fine Arts panel earlier in March [01:37]. This separate design depicts the President leaning on the Resolute Desk, modeled after a photograph held by the Smithsonian's National Portrait Gallery [01:44].

Summary of Recent Currency Developments

Item Subject Status/Notes

$250 Bill President Trump Recently unveiled

$1 Gold Coin President Trump Announced via X by Secretary Bessent

24K Gold Coin President Trump Approved by Commission of Fine Arts in March

URL: https://www.youtube.com/watch?v=TVWVI7oREuI

Bessent Unveils New $1 Gold Coin Featuring Trump’s Face

Forbes · 29K view

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Viewer Discussion & Comments

@wingsurfcamp
The $1 coin is made of Copper and Brass - not Gold... this is according the the US Mint.
@samuelbeltoniii
What did Maximus say…..The time for honoring yourself will soon be at an end
@EfraM83
The US has officially reached Banana republic status.
@ingiford175
Presidential $1 Coin Act: Specifically states that $1 coins cannot bear the image of any living former or current president, or any deceased president within two years of their death.
@richardrahlfs1314
It's illegal, but 80% of what they do is illegal so....