The $1 Trump coin: legal tender, depending on what you mean by legal
Summary
The U.S. government has released a new $1 coin featuring President Donald Trump’s image, marking 250 years of American heritage. Although there are laws from the 1800s that generally ban living people from appearing on U.S. currency, this coin has been approved and is now available for purchase.Key Facts
- The new $1 coin shows President Donald Trump’s face and commemorates 250 years of American history.
- The U.S. has had a rule since 1866 that living people cannot appear on paper money, but this rule is less clear for coins.
- The coin is made of zinc, manganese, nickel, and copper, and looks gold but is not.
- About 9 million coins are being produced, sold at about $2.44 each in packs of 25.
- Treasury Secretary Scott Bessent compared the coin to one with President Calvin Coolidge’s image made for America’s 150th birthday.
- Some experts and lawmakers say the coin may break the law or norms about living people on currency.
- A court case trying to stop the coin was rejected because the plaintiff did not show personal harm, so the coin’s legality remains uncertain.
- A group of Democrats asked the Treasury to stop the coin’s release, citing a 2005 law about presidents on coins.
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