Tag

Us Mint

All articles tagged with #us mint

Trump Expands Coinage Push With Gold Commemorative, Redesigns and Collectibles
business21 days ago

Trump Expands Coinage Push With Gold Commemorative, Redesigns and Collectibles

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.

Trump 24K Gold Coin Clears Mint Path for 250th Anniversary Tribute
politics21 days ago

Trump 24K Gold Coin Clears Mint Path for 250th Anniversary Tribute

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.

US panel approves Trump portrait on commemorative gold coin
politics22 days ago

US panel approves Trump portrait on commemorative gold 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.

U.S. Ends Penny Production After Over 230 Years
world4 months ago

U.S. Ends Penny Production After Over 230 Years

The US has officially stopped minting pennies after a production that began in 1793, citing cost inefficiencies as pennies cost more to produce than their face value. While still legal tender, pennies will no longer be produced, and transactions may be rounded to the nearest five cents. Other countries have also phased out low-denomination coins, citing similar reasons.

US Mint Produces Last Penny After Over Two Centuries
world5 months ago

US Mint Produces Last Penny After Over Two Centuries

The US Mint in Philadelphia has ceased production of the penny to save costs and due to its decreasing relevance, with the final coins struck and auctioned off. While still legal tender, pennies are no longer being made, marking the end of a coin that has been part of American history since 1793, despite some nostalgia and concerns from retailers and collectors.