Business

Trump $1 coin makes him first living president on US currency in a century

BBC Business · 2026-09-03

AI SUMMARY

• What happened: The US Mint has released a commemorative $1 coin featuring the portrait of former President Donald Trump, marking the first time in a century that a living president has appeared on American currency. • Why it matters: This coin is part of the celebrations for America's 250th anniversary and highlights the evolving nature of American currency, as well as the exceptions to the federal law prohibiting the depiction of living individuals on US notes. • What to watch next: The coin's popularity has led to it quickly selling out, and discussions continue regarding the implications of featuring a living president on currency, alongside potential future legislation for additional currency featuring Trump.

**Trump $1 Coin Makes Him First Living President on US Currency in a Century**

In a historic move, the United States Mint has released a commemorative $1 coin featuring the portrait of former President Donald Trump. This marks the first time in a century that a living president's likeness has appeared on American currency. The coin was launched as part of the celebrations for America’s 250th anniversary, a significant milestone for the nation.

The new coin prominently displays Trump's image alongside the phrase "In God we trust," a motto that has been a staple of American currency for many years. According to the US Mint, the design aims to capture "the spirit, pride, and legacy of a nation approaching its landmark anniversary." The Mint has described the coin as a "once-in-a-generation anniversary design" that is expected to be a notable addition to modern coin collections.

Following its release, the coin quickly gained popularity, with rolls of 25 coins priced at $61 and bags of 100 coins available for $154.50. However, within hours of going on sale, the items were listed as "not currently in stock" on the US Mint's website, indicating a strong demand among collectors and supporters of Trump.

The issuance of this coin is particularly noteworthy given the federal law that typically prohibits the depiction of living individuals on US currency. However, there are exceptions when it comes to coins, as highlighted by the US Mint. In May, Treasury Secretary Scott Bessent mentioned plans to issue a new $250 bill featuring Trump, but this proposal has faced legislative hurdles and is currently stalled in Congress.

Historically, the last living president to appear on US currency was Calvin Coolidge, whose likeness was featured on a half-dollar coin issued in 1926 to commemorate the nation's 150th anniversary. The current legislation, known as the Circulating Collectible Coin Redesign Act of 2020, allows for certain exceptions regarding the depiction of living individuals on coins, particularly on the obverse side, where Trump's image appears.

Despite the excitement surrounding the coin's release, it has sparked discussions about the implications of featuring a living president on currency. The Thayer Amendment of 1866 prohibits the portrayal of any living person on US notes, but this restriction does not extend to coins, allowing for the unique circumstance of Trump's portrait being minted.

As the US approaches its 250th anniversary, the Trump coin serves as a reminder of the evolving nature of American currency and the ways in which it reflects the country's history and values. The US Mint has emphasized that the coin was created to celebrate this historic national milestone, and it is anticipated that it will become a sought-after item among collectors and a symbol of a significant moment in American history.

The release of the Trump $1 coin has garnered attention not only for its historical significance but also for the ongoing discussions regarding the representation of living presidents in American currency. As the nation prepares for its quarter-millennial celebration, this coin stands as a testament to the intersection of politics, history, and numismatics in the United States.

Source: BBC Business
RELATED NEWS

More Stories

All News
Business

Who is Alejandro Betancourt, colourful oil baron behind US-Venezuela oil deal?

• What happened: Alejandro Betancourt, a Venezuelan oil baron, is at the center of a controversial deal that grants the US control over 17 Venezuelan oil fields...

Business

Uber launches UK's first robotaxis with a driver - here's what it's like to ride in one

• What happened: Uber has launched the UK's first self-driving minicabs, initially deploying 15 autonomous vehicles in London, each accompanied by a human ...

Business

Almost half of households do not see benefits of economic growth, report says

• What happened: A new report by PwC reveals that nearly 46% of households in Britain live in areas where economic growth does not improve their quality of life...

Business

'I don't even like them': How much should you give to office gift collections?

• What happened: Office gift collections for colleagues are a common practice, but they often lead to awkward situations regarding how much to contribute and wh...

Business

How Victoria Beckham turned her fashion firm around and made it profitable

• What happened: Victoria Beckham's fashion and beauty business, Victoria Beckham Holdings, has achieved profitability for the first time, reporting an ope...

Business

Why wait? Business grads buying firms to install themselves as CEO

• What happened: Ania Aliev, a recent MBA graduate, became the CEO of a medical equipment company shortly after giving birth, exemplifying a trend where young g...