3:35President Donald Trump as Trump makes an announcement on prescription drugs in the Oval Office of the White House in Washington, September 30, 2025Ken Cedeno/Reuters
U.S. Treasurer Brandon Beach stated Friday that the Treasury Department is mulling over the possibility of creating fresh one-dollar coins for the nation’s 250th jubilee, showcasing a likeness of President Donald Trump.
Beach shared an X post presenting a preliminary design of the coin, displaying Trump’s visage on one surface, and a portrayal of Trump raising his fist after narrowly escaping assassination in 2024 on the flip side.
President Donald Trump as Trump makes an announcement on prescription drugs in the Oval Office of the White House in Washington, September 30, 2025Ken Cedeno/Reuters
The phrase "Fight, Fight, Fight," which Trump yelled before the Secret Service escorted him off the platform in Butler, Pennsylvania, is inscribed around the top edge of the proposed coin’s rear side.
An agency spokesperson informed ABC News that additional details will be forthcoming.
"Notwithstanding the radical left’s imposed government shutdown, the facts remain evident: Thanks to the groundbreaking administration of President Donald J. Trump, our country is heading into its 250th year more robust, more affluent, and superior to previous years," the spokesperson commented. "Although a definitive $1 coin design is yet to be determined for the United States’ semiquincentennial commemoration, this initial rendition aptly captures the resilient essence of our nation and democracy, even amidst formidable adversities. We anticipate unveiling more information in the near future."
The Treasury might have authorization to produce the coin thanks to a legal measure endorsed by Trump towards the end of his initial term.
The Circulating Collectible Coin Redesign Act of 2020 sanctions the Department to create $1 coins "featuring designs symbolic of the U.S. semiquincentennial" for a duration of one year starting in January 2026, under the guidance of the Treasury secretary.
Various stipulations exist that could impede Trump from appearing on legal tender, although it’s ambiguous whether they would apply in the context of the commemorative $1 coin.
In this undated file photo, different types and sizes of U.S. silver dollar coins are shown.STOCK IMAGE/Getty Images
"There’s the Thayer Amendment, enacted in 1866, which forbids living individuals from featuring on government securities. The Bureau of Engraving and Printing also alludes to a statute: 'By law, solely the portrait of a deceased person may be presented on U.S. currency and securities (31 USC 5114(b)).' This is applicable to any living individual, and thus extends to any incumbent president," Garrett Wilson, director of policy analysis at the Tax Foundation, conveyed via email.
"There’s furthermore a separate provision barring living former or current Presidents from gracing the $1 coin, though I’m uncertain if this has direct relevance here or not," he appended.
Wilson pointed out that Congress has the ability to grant an exemption, akin to what occurred in 1926, when then-President Calvin Coolidge was depicted on a specially issued half-dollar coin commemorating the 150th anniversary of the Declaration of Independence’s signing.
It marked the inaugural instance of a sitting president being showcased on a coin during their active tenure, according to the U.S. Mint.
Sourse: abcnews.go.com