The US Mint has started producing a new commemorative $1 coin featuring former President Donald Trump as part of the United States' 250th anniversary celebration, the Treasury Department announced on Wednesday, July 15, 2026. Scheduled for release this fall, the coin will mark the first occasion a living president appears on US currency.

Treasury officials stated that the coin's final design was approved earlier this year by the US Commission of Fine Arts, whose members were appointed by Trump. However, the version revealed differs from the previously approved design, notably featuring a gold finish instead of being made of solid gold.

Scott Bessent, the Treasury Secretary, said in a post on X 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 coin's reverse side displays 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 decision to feature Trump has sparked criticism because federal law generally prohibits living presidents from appearing on US currency. Nonetheless, the Treasury Secretary holds authority in certain situations to authorize the minting and issuance of coins.

This coin is part of a broader pattern of Trump seeking to place his name and image on prominent institutions and projects, including efforts to rename the US Institute of Peace, the Kennedy Center performing arts venue, and a new class of battleships. Earlier in March 2026, it was also announced that Trump’s signature would soon appear on US paper currency.

Sources