Close Menu
    Treasury Unveils New $1 Gold Coin With Trump’s Face on It | Federal law prohibits putting any living people on U.S. coins.
    Politics

    Treasury Unveils New $1 Gold Coin With Trump’s Face on It | Federal law prohibits putting any living people on U.S. coins.

    Share.
    View 32 Comments

    32 Comments

    1. Fuck_the_AI on

      “Trump does illegal thing, nothing happens because he controls the prosecutors and the courts.”

    4. KnowMatter on

      Trump: “I’m going to do a thing”

      The Internet: “Aha, he cannot do thing, thing is illegal”

      Trump: *does thing anyway – nobody stops him*

      The Internet: shockedpikachu.jpg

    5. Athleticsbaby on

      “Ha! The libz are so triggered! Break more laws, Daddy!”

      *drools*

      –MAGA

    7. invisable_burt on

      I see another grift in the making , buy your trump gold dollars for 5 dollars now…prices are driven by demand.

    20. Holiday-Chemistry-23 on

      The announcement states that the Treasury “will begin” making these but it doesn’t say when. In the meantime, a Trump-owned grift factory CAN begin selling knock-offs to MAGA rubes.

    21. One-Ball-78 on

      What I don’t get is if stuff like this is illegal, does NOBODY in the Treasury department push back and say, “Sorry, we’re not allowed to do this?!”

    22. Chef_RoadRunner on

      Another vanity project. Imagine if half that energy went to just basic things like making sure bridges weren’t falling apart.

    24. Aileran on

      These are not legal tender, so if the government won’t act, it’s on us. Do not accept these coins as payment and force the imbeciles among us to weigh their pockets down with worthless junk. 

    28. SonicSubculture on

      Hear me out, there’s another solution that lets him stay on the coin I think many of us would be willing to settle for…

    29. Ballwhacker on

      What’s funny is this was done literally 100 years ago when Calvin Coolidge (the sitting president at the time) appeared on the “150th anniversary” coin alongside George Washington. Similarly, there was uproar over this as the federal law (31 U.S.C. Section 5114) had been created 60 years prior in 1866, originally designated the “Thayer Amendment”.

      The reason for this law is because in 1866, congress wanted to commission a 5 cent fractional note (a bill not a coin) with explorer William Clarks image on it. The “Superintendent of the National Currency Bureau”, Spencer Clark, decided to be clever since they didn’t specify which Clark they wanted on the note (even though it was inferred) and instead put his face on the note. Apparently Spencer was involved in some other nefarious stuff and this was the straw that broke the camels back. Specifically, congressman Russel Thayer’s back. He “took immediate exception” to it and within a month of learning about it amended a bill that essentially said no living person can be on US currency.

      Fast forward to 1926 and Calvin Coolidge’s $1 coin, they made 1 million of these, demand was way overestimated and in the end 859,408 (or 85.9%) of the coins were returned to the Philadelphia Mint to be melted. They say history doesn’t repeat itself, but it does rhyme. I believe these won’t sell well, but I don’t think Trump will allow them to ever be sent back to be melted. He or a follower of his will certainly buy the remainder and give them away if need be.

      Sources:

      [1926 Sesquicentennial of American Independence Half Dollar | Commemorative Coins : American Numismatic Association](https://www.money.org/1926-sesquicentennial-of-american-independence-half-dollar/)

      [A Treasury Official in 1866 Put His Own Face on U.S. Currency](https://www.atlasobscura.com/articles/treasury-official-us-bill-fractional-money-spencer-m-clark)