All articles tagged with #us mint
Rep. Thomas Massie (R-KY) blasted the Treasury/US Mint for minting a new $1 coin honoring Donald Trump, calling it a “grifters” money grab and suggesting such commemoratives are unaffordable; the coin will be color-only and made from non-precious metals, with a fall release, tying it to Trump’s broader and controversial coin ventures.
The U.S. Mint will begin producing a gold-hued $1 coin featuring President Donald Trump, with the inscription 'In God We Trust' and the phrases 'Liberty' and '1776-2026,' while the reverse shows an eagle; Treasury Secretary Scott Bessent announced the plan to commemorate the United States' 250th birthday.
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.
The U.S. Mint will begin striking $1 coins featuring a portrait of Donald Trump to commemorate the nation’s semiquincentennial, a move that tests long-standing restrictions on living persons on U.S. currency. While the design places Trump on the obverse and a presidential seal on the reverse, legal debates persist about whether such living-person portraits violate federal law, with Mint officials saying the design complies. The coins will be made of non-precious metals with a gold-like finish and available in rolls and bags this fall.
The U.S. Mint will mint 250,000 semiquincentennial 2026 Declaration of Independence quarters with a special July 4th privy mark, bearing no mint mark and randomly distributed through banks nationwide to celebrate America’s 250th anniversary; these will join four other 2026 quarter designs (Mayflower Compact, Revolutionary War, U.S. Constitution, Gettysburg Address) as part of the semicentennial series, and additional 2026 pieces include a Liberty dime, a Jefferson nickel, and a 1776–2026 penny.
California Governor Gavin Newsom announced the public release of the Steve Jobs American Innovation Coin, honoring Jobs as California’s pick for the U.S. Mint’s Innovation Coin Program. The coin features Jobs with a Northern California landscape and goes on sale to the public tomorrow.
President Donald Trump said he wants to visit Fort Knox to confirm the U.S. gold reserve remains secure and has floated the idea of an audit; Elon Musk had previously suggested a live Fort Knox tour. The U.S. Mint says Fort Knox holds about 147.3 million troy ounces of gold with a book value around $42.22 per ounce, totaling roughly $700 billion, and that little gold has been transferred in decades.
The piece outlines Trump’s expanding influence on U.S. coinage ahead of the 250th anniversary: approval of a 24-karat gold commemorative coin, a potential new $1 coin, a redesigned dime without the olive branch, changes to the abolition/civil rights quarters, and a collectible 1776–2026 penny, all while noting legal limits on depicting living presidents and Mint/Treasury processes.
A federal arts commission approved the final design for a 24-karat gold commemorative coin bearing President Donald Trump's image to mark America's 250th birthday, paving the way for the U.S. Mint to begin production; the size and denomination are still undecided, and while federal law prohibits living presidents on currency, Treasury officials say the secretary’s authority allows minting of such a coin.
The U.S. Commission of Fine Arts unanimously approved plans for a non-circulating commemorative gold coin featuring Donald Trump, a move that raises legal questions about depicting living presidents on currency. Supporters frame it as a milestone for the 250th anniversary year, with a large design (up to about 3 inches) drawn from a National Portrait Gallery image, while critics call it unlawful and inappropriate for a sitting president. The Trump administration is also pursuing related image-placement efforts (a $1 coin, institutional naming, and other projects) that are similarly contested in court.
The US Commission of Fine Arts approved the final design for a 24-karat gold commemorative coin bearing Donald Trump's image to celebrate the nation's 250th birthday; production will begin but the coin's size and denomination are still undecided, and there is debate over depicting a living president on currency.
The U.S. Mint is poised to begin producing a commemorative coin honoring former President Donald Trump.
The U.S. Commission on Fine Arts approved a 24-karat gold commemorative coin depicting Donald Trump to mark the 250th anniversary, despite debates about whether political figures should be portrayed on U.S. currency; the administration plans additional Trump-themed coins.
The US government stopped minting pennies in 2025 due to high production costs, leading to a surge in public interest and speculative buying of new pennies, which experts warn is driven by scams and hype rather than genuine value, as the coins are produced in large quantities and are not rare.
The last U.S. pennies ever produced were sold at auction for a total of $16.76 million, with the final set fetching $800,000, marking the end of an era in American coinage and sparking significant interest among collectors.