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The U.S. Mint has begun producing a new $1 coin featuring President Donald Trump's image, part of the commemoration of the nation's 250th anniversary. Treasury Secretary Scott Bessent announced the move on Wednesday, July 15, 2026, with the coin scheduled for release this fall.
Coverage Comparison
Reporting on the announcement appeared in two international outlets. The Guardian detailed the Treasury Department's statement and the design approval process, while The Hindu noted the coin's production start and provided context on its design and legal questions.
Key Claims
According to The Guardian, the Treasury Department announced Wednesday that the Mint has started producing the commemorative coin. The coin is part of the nation's 250th anniversary celebration. Treasury officials said the final design was approved earlier this year by the U.S. Commission of Fine Arts, whose members were appointed by Trump. The version revealed Wednesday is not identical to the previously approved design; among the changes, the coin has a gold finish rather than being made of solid gold.
Bessent said in an X post that the coin is intended "to honor the enduring legacy of liberty and a lasting symbol of patriotism," adding: "Featuring President Trump, it celebrates the strength of American values, and the promise of a nation dedicated to preserving freedom for all."
The Guardian reported that the front of the coin shows Trump wearing a suit and tie with a stern expression. The word "LIBERTY" appears across the top edge, the dates 1776-2026 are displayed along the bottom, and the phrase "IN GOD WE TRUST" is positioned in the center. The reverse features the traditional bald eagle from the Great Seal of the United States, with "UNITED STATES OF AMERICA" inscribed around the top edge and the shield on the eagle's chest bearing the Latin phrase "E PLURIBUS UNUM," meaning "Out of many, one."
The Hindu described the design as featuring the words "Liberty," "In God We Trust," and "1776-2026" on the front and an image of the bald eagle from the presidential seal on the back. The Hindu noted this was a revision from a draft made public in October; the rear face of that earlier design showed Trump holding a raised clenched fist framed with the words "fight, fight, fight," a reference to the 2024 assassination attempt against him.
The Hindu quoted Trump as saying he was "honored" by the coin. "They gave me a coin," Trump said in an interview with Fox Business. "That's very unusual from what I understand."
Bessent, in an interview with Fox News that aired Tuesday, July 14, pointed to historical precedent. Noting that then-President Calvin Coolidge was placed on a coin during the 150th U.S. anniversary, Bessent said: "So we can put living people's images on a coin."
Legal Questions
Both outlets reported criticism regarding the design's legality. The Hindu reported that critics have raised questions about the design's legality due to an 1866 U.S. law that mandates no living person's portrait can be used on U.S. currency. The Hindu noted that this law refers to paper money produced by the Bureau of Engraving and Printing, while coins are minted by the U.S. Mint. The Hindu also reported that Congress in 2020 passed a law allowing the Treasury Secretary to mint $1 coins to mark the 250th anniversary, but that law forbade designs portraying a living person.
The Guardian mentioned that the decision has sparked criticism because federal law bars living presidents from appearing on U.S. currency, while noting that the treasury secretary has authority in certain situations to authorize the minting and issuance of coins.
Additional Context
The Guardian reported that Trump's signature will appear on U.S. paper currency, a move announced in March, marking the first time a sitting U.S. president's signature would be so featured. The Guardian also noted that the treasurer's signature will be removed from U.S. paper currency for the first time since 1861.
The Hindu reported that the coin is in production and is being minted in Philadelphia, according to a Treasury Department statement.