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Us Mint

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Common Cents Act awaits Trump's signature as focus shifts to nickel cost cuts
politics2 days ago

Common Cents Act awaits Trump's signature as focus shifts to nickel cost cuts

The bipartisan Common Cents Act has cleared both chambers of Congress and now awaits President Donald Trump's signature. The legislation formally ends penny production, mandates cash rounding to the nearest five cents, and directs the Treasury to study cheaper materials for nickels. While the penny ceased circulation in late 2025, the bill aims to secure these changes permanently and address the high cost of producing nickels, which currently costs taxpayers roughly 13 cents per coin.

via Fox News|
#coinage-policy#common-cents-act#fiscal-reform
Lawmakers Move to End the Penny and Move Cash to 5-Cent Rounding
us-news24 days ago

Lawmakers Move to End the Penny and Move Cash to 5-Cent Rounding

The House unanimously passed the Common Cents Act to end minting the 1-cent coin (pennies would remain legal tender) and require rounding cash payments to the nearest nickel, with a wage-rounding provision. The bill, building on prior efforts, aims to save money as penny production has become expensive, projecting about $56 million in annual savings, and would raise Treasury oversight of any disruptions while assessing impacts on low-income and other affected groups; it would need the president’s signature to become law.

via New York Post|
#common-cents-act#house-of-representatives#pennies
House Clears Penny Era, Moves to Round Cash Transactions
politics25 days ago

House Clears Penny Era, Moves to Round Cash Transactions

The House unanimously passed the Common Cents Act to end penny production, block future minting of pennies (except for collectors), and establish a framework to round cash transactions to the nearest 5 cents (with pennies remaining legal tender and a carveout for cash wages). The bill also would let the Mint use cheaper materials for nickels, directs Treasury to study impacts on low‑income and other groups, and cites ~$56 million in annual savings. The measure builds on prior efforts aimed at stopping penny production and would require safeguards to prevent reversal by future administrations.

via Fox News|
#common-cents-act#currency-reform#penny
US Mint unveils 9/11 25th-anniversary Enduring Liberty half-dollar
business28 days ago

US Mint unveils 9/11 25th-anniversary Enduring Liberty half-dollar

The U.S. Mint announced the Semiquincentennial Enduring Liberty Half Dollar to mark the 25th anniversary of 9/11. Struck at the Philadelphia Mint, the coin features Lady Liberty with the attack date encircled by the words “NEVER FORGET” and shows Liberty passing a torch to a new generation. It is available for pre-order on the Mint’s website through Sept. 25, with shipping expected Dec. 3; pricing includes a 20-coin roll for $40 and a 100-coin bag for $100.

via New York Post|
#911-anniversary#business#commemorative-coin
Trump Portrait Debuts on $1 Coin Amid Persistent Poll Numbers
politics1 month ago

Trump Portrait Debuts on $1 Coin Amid Persistent Poll Numbers

Recent polls show Donald Trump remains deeply unpopular among Americans (disapproval around 56%–60%), with multiple surveys reporting high unfavorable ratings; meanwhile the U.S. Mint will sell $1 coins featuring his official White House portrait to commemorate the 250th anniversary. The coins have a gold-like finish (no precious metal) and are priced at $154.50 for a 100-coin quantity or $61 for a roll of 25, with 250,000 coins minted and a July 4 privy mark.

via Detroit Free Press|
#currency#note-extra-tag-not-allowed#politics
Trump Debuts on a U.S. $1 Coin as Mint Celebrates 250th Anniversary
politics1 month ago

Trump Debuts on a U.S. $1 Coin as Mint Celebrates 250th Anniversary

Donald Trump’s portrait adorns a new commemorative $1 coin released by the U.S. Mint to mark the 250th anniversary of the United States, making him the first living president depicted on U.S. currency in about a century. The coins cost $61 per roll of 25 or $154.50 for 100 and quickly went out of stock on the Mint’s site; they’re also sold via vending machines at the Mint store in Washington, D.C. The coins are copper-based (about 88.5% copper) with zinc, manganese and nickel and contain no gold, described by the Mint as a “once-in-a-generation” design for a milestone celebration.

via BBC|
#250th-anniversary#commemorative-coin#currency
Mint issues Trump portrait on $1 coin to mark U.S. 250th anniversary
politics1 month ago

Mint issues Trump portrait on $1 coin to mark U.S. 250th anniversary

The U.S. Mint will begin selling a $1 commemorative coin featuring President Donald Trump's image to celebrate 250 years of American heritage; the obverse shows Trump's likeness with LIBERTY and 1776–2026 while the reverse bears the Great Seal. The coins are legal tender and come in rolls and bags with prices of $61 for 25 coins or $154.50 for 100, with a household purchase limit that lifts later; some coins are stamped 'July 4th' and considered special issue. The release has drawn scrutiny because living presidents are typically not depicted on U.S. currency, though the Treasury Secretary may authorize such minting in certain cases.

via ABC7 Los Angeles|
#250th-anniversary#commemorative-coin#currency-law
US Mint Rolls Out $1 Coin Featuring Trump Ahead of 250th Anniversary
politics1 month ago

US Mint Rolls Out $1 Coin Featuring Trump Ahead of 250th Anniversary

The US Mint began circulating a $1 coin with Donald Trump’s portrait to commemorate the United States’ 250th anniversary, a controversial move as it marks the first time a living person has appeared on US currency in about a century. The obverse features Trump with LIBERTY and IN GOD WE TRUST, while the reverse shows the presidential seal with “250.” The coins sell for a premium (25-coin roll for $61; 100-coin bag for $154.50) but remain legal tender. The move aligns with Trump-era branding efforts tied to the semiquincentennial, though critics—including Democratic senators—call it vanity and inappropriate for currency; supporters frame it as patriotic. There have been discussions of a $250 Trump bill, but no legislation has passed, and officials did not immediately comment.

via Al Jazeera|
#currency#living-person-on-currency#politics
Trump Image on $1 Coin Tests Currency Rules and Tradition
politics1 month ago

Trump Image on $1 Coin Tests Currency Rules and Tradition

The U.S. Mint released a $1 coin bearing Donald Trump's image to celebrate 250 years of American heritage, despite an 1866 rule banning living people on U.S. currency; supporters cite historical exceptions and the case remains legally unsettled as critics argue it's illegal, while a federal judge declined to block the coin and roughly 9 million coins are being minted and sold for about $61 per 25 coins.

via The Guardian|
#currency#legal-issues#living-person-on-money
business1 month ago

Trump Portrait Hits U.S. Mint Circulation for 250th Anniversary

The U.S. Mint has begun circulating and selling $1 gold-colored coins bearing Donald Trump's portrait to commemorate the nation’s 250th anniversary, the first time a living person has appeared on U.S. currency since 1866; they’re sold in 25- or 100-coin packages starting at $61, with per-coin prices between $1.55 and $2.44, and the coins were shown to foreign officials at a G20 sideline event this week.

via Politico|
#business#currency#living-person-on-currency
New Trump-themed commem coin heads to minting for 250th anniversary
politics2 months ago

New Trump-themed commem coin heads to minting for 250th anniversary

The U.S. Mint has begun producing a gold-finished commemorative $1 coin featuring Donald Trump for the nation’s 250th anniversary; the released version differs from the earlier approved design and is set for a fall release, drawing criticism because federal law bars living presidents from appearing on U.S. currency, even as Treasury officials say they can authorize minting. The obverse shows Trump and Liberty while the reverse features the Great Seal eagle.

via The Guardian|
#commemorative-coin#controversy#currency