business
5 min read
Trump's Face Approved for U.S. Mint's 24K Gold Coin, Shattering Tradition
National Desk
April 14, 2026
WASHINGTON — The U.S. Commission of Fine Arts unanimously approved on Thursday a design for a 24-carat gold commemorative coin featuring President Donald Trump, marking the nation's semiquincentennial on July 4, 2026. The obverse shows Trump leaning over a desk with clenched fists, replicating a photograph displayed in the National Portrait Gallery in January, while the reverse depicts a bald eagle. U.S. Treasurer Brandon Beach hailed the move, stating, "As we approach our 250th birthday, we are thrilled to prepare coins that represent the enduring spirit of our country and democracy, and there is no profile more emblematic for the front of such coins than that of our serving President, Donald J. Trump."[1][2]
The approval sidesteps federal law barring living presidents from currency, with Mint officials citing Treasury Secretary Scott Bessent's discretionary authority under Section 5112 of Title 31 of the U.S. Code, which permits gold coins with designs "as the secretary may prescribe." Acting Chief of Design Management Megan Sullivan confirmed to the commission that President Trump personally approved the designs and emphasized the coin falls outside the Circulating Collectible Coin Redesign Act of 2020 for semiquincentennial $1 coins. Size and face value remain undecided, though commissioners suggested a large format worth hundreds of dollars, with one quipping, "I think the president likes big things."[2]
This gold coin is part of a broader Trump administration push, including plans for a circulating $1 coin and a $250 face-value collectible with one ounce of 24-karat gold, both featuring Trump's likeness. The Citizens Coinage Advisory Committee (CCAC) declined to review the designs after a last-minute addition to its Feb. 24 agenda, prompting Treasurer Beach to assert the Mint had "fulfilled" its obligations. Critics decry the move as breaking founding fathers' traditions against immortalizing living leaders on money, evoking monarchical imagery amid Trump's foreign policy stances on Venezuela, Iran, and Cuba.[1][2]
The semiquincentennial program ties into a slate of 2026 events, positioning Trump centrally in America's birthday celebrations. While commemorative coins are non-circulating collectibles, their premium pricing—often far exceeding face value—fuels a lucrative market for numismatists. Final production details await confirmation, but the Mint's advancement signals a bold fusion of patriotism, presidency, and precious metals.[1][2]

Discussion (0)
Join the Conversation
No comments yet. Be the first to comment!