New Details Emerge About Trump’s Gold Coin

Options
HalfDime
HalfDime Posts: 1,191 ✭✭✭✭✭

New Details About Trump’s Gold Coin

There will only be a total of 47 gold coins made, and each of them will contain an estimated $90,000 worth of gold.

Each of the coins will be machined individually and will have a variable weight of gold of approximately 19.7 oz each.

“There is no official on-sale date for this gold coin. While the coin will be minted in celebration of the Semiquincentennial on July 4, 2026, this is not the target date for issuance.”

The legal filing then states that the Mint has not begun production, as the final design of the coin has not been approved. Stafford states that her understanding is that the Treasury Department is “still in consultations regarding the design,” and as such, it is “possible that changes may be requested.”

Once the approval of the design is given, if no significant changes are required, it would take six to eight weeks to begin striking coins.

Then, after Mint begins striking the coins, it is estimated that it will take several months for the coins to be produced.

Best guess is December 2026 for release.

Please keep comments to the coin only, no politics.

«13

Comments

  • Project Numismatics
    Project Numismatics Posts: 1,886 ✭✭✭✭✭
    Options

    What is the source of this information?

  • MsMorrisine
    MsMorrisine Posts: 40,041 ✭✭✭✭✭
    Options

    Each of the coins will be machined individually

    .

    Then, after Mint begins striking the coins

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisine
    MsMorrisine Posts: 40,041 ✭✭✭✭✭
    Options

    Each of the coins will be machined individually

    .

    Then, after Mint begins striking the coins

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • jmlanzaf
    jmlanzaf Posts: 43,046 ✭✭✭✭✭
    Options

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,216 ✭✭✭✭✭
    Options

    Then add the 30% mint mark up. That would make the limited mintage piece $135k minimum at current prices, but since it’s projected…. Who knows ? Who’s in ? Who’s who ?

  • Rc5280
    Rc5280 Posts: 1,427 ✭✭✭✭✭
    Options

    @Project Numismatics said:
    What is the source of this information?

    The source is "The Legal Filing", of which none of these clickbait sites can produce.

  • csdot
    csdot Posts: 737 ✭✭✭✭
    Options

    Is The Hill a satire site?

  • csdot
    csdot Posts: 737 ✭✭✭✭
    Options

    Why is the coin’s weight “variable”, and does 19.7 ounces mean something symbolic? What am I missing?

    https://www.newsweek.com/us-mint-donald-trump-gold-coins-250-anniversary-delay-11967439

  • HalfDime
    HalfDime Posts: 1,191 ✭✭✭✭✭
    Options

    47 coins because he is the 47th president.

    They will likely be auctioned off is my guess similar to recent past issues with very low mintages.

  • MsMorrisine
    MsMorrisine Posts: 40,041 ✭✭✭✭✭
    Options

    19.7 ... point 7 is awfully specific and totally arbitrary seeming

    i'm skeptical

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • mr1931S
    mr1931S Posts: 7,309 ✭✭✭✭✭
    Options

    I'd rather have a plain ingot stamped with "mr1931s approves of this design".

    "Two things are infinite: human stupidity and the universe; and I'm not sure about the universe."
    -Albert Einstein-

    Mistakes are natural. But repeated mistakes without reflection are something else. That may be the “stupidity” he was referring to. In research, he admitted uncertainty openly. “If we knew what it was we were doing, it would not be called research, would it?” This shows humility. Even a Nobel laureate accepted doubt. That humility makes the quote less cynical and more observational.

  • Kurisu
    Kurisu Posts: 2,228 ✭✭✭✭✭
    Options

    @HalfDime said:
    "...While the coin will be minted in celebration of the Semiquincentennial on July 4, 2026, this is not the target date for issuance.”

    @HalfDime said:
    "47 coins because he is the 47th president."

    Sooo...actually not in celebration of the Semiquincentennial at all.

    Coins are Neato!

    "If it's a penny for your thoughts and you put in your two cents worth, then someone...somewhere...is making a penny." - Steven Wright

  • MsMorrisine
    MsMorrisine Posts: 40,041 ✭✭✭✭✭
    Options

    all of 2026 has various goings on for the 250th. not just july 4th

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisine
    MsMorrisine Posts: 40,041 ✭✭✭✭✭
    Options

    when will it be monetized? when the date and denom are on it or once it's in the bezel?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Kurisu
    Kurisu Posts: 2,228 ✭✭✭✭✭
    edited May 26, 2026 6:59PM
    Options

    @MsMorrisine said:
    all of 2026 has various goings on for the 250th. not just july 4th

    I'll wait and see what the content of the design is before I comment further then...

    Coins are Neato!

    "If it's a penny for your thoughts and you put in your two cents worth, then someone...somewhere...is making a penny." - Steven Wright

  • MsMorrisine
    MsMorrisine Posts: 40,041 ✭✭✭✭✭
    Options

    the proposed design is already out there and is included in the newsweek article

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Kurisu
    Kurisu Posts: 2,228 ✭✭✭✭✭
    Options

    @MsMorrisine said:
    the proposed design is already out there and is included in the newsweek article

    Thanks. I just took a look...Oh, it's THAT design?!
    For me then, yes confirmed. That it sure seems to be NOT in celebration of the Semiquincentennial at all.

    Coins are Neato!

    "If it's a penny for your thoughts and you put in your two cents worth, then someone...somewhere...is making a penny." - Steven Wright

  • coinkat
    coinkat Posts: 24,542 ✭✭✭✭✭
    edited May 27, 2026 1:34AM
    Options

    Edited… Nevermind

    Experience the World through Numismatics...it's more than you can imagine.

  • johnny9434
    johnny9434 Posts: 34,051 ✭✭✭✭✭
    edited May 27, 2026 2:31AM
    Options

    Im thinking this might go to the wayside like the $250 currency note idea did in Florida years back?

  • Old_Collector
    Old_Collector Posts: 1,210 ✭✭✭✭✭
    edited May 27, 2026 6:01AM
    Options

    @CaptHenway said:
    Will a bezel be offered for those buyers who wish to wear them around their necks???

    I'm out, my worn out old neck could not take the stress, besides I can't sing, rap, dance, nada!

    The actual source is from a lawsuit to stop it up in Portland and here is an update: https://www.audacy.com/krld/news/local/trump-gold-commemorative-coins-delayed-past-july-4-anniversary

  • HalfDime
    HalfDime Posts: 1,191 ✭✭✭✭✭
    Options

    The only comparable coin by size I could come up with is the 2017 20 ounce silver Britannia coin.

    Size 100.0000 mm
    Mass 625.2000 g
    Thickness 8 mm

    This is close to the 19.7 toy ounce amount they claim for this coin, which is about 613 grams.

    100 mm is about 3.9 inches diameter.

    The 5 ounce silver quarters had a diameter of 3 inches. 4 mm thickness. So twice as thick as the 5 ounce silver quarters, and a nearly four inch diameter.

    PS 20 troy ounces is about 1.4 pounds, which is quite heavy to carry around the neck. A very strong chain would be required.

  • coastaljerseyguy
    coastaljerseyguy Posts: 2,127 ✭✭✭✭✭
    Options

    @MsMorrisine said:
    19.7 ... point 7 is awfully specific and totally arbitrary seeming

    i'm skeptical

    I'm thinking that is the derived weight of the gold considering the sizing being specified as @HalfDime above. 613 grams /31.103 per troy ozs. Has to be bigger then anything else of course. And assuming it would be a medal and not legal tender.

  • MsMorrisine
    MsMorrisine Posts: 40,041 ✭✭✭✭✭
    Options

    this will be nclt

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • CaptHenway
    CaptHenway Posts: 34,164 ✭✭✭✭✭
    Options

    @HalfDime said:
    The only comparable coin by size I could come up with is the 2017 20 ounce silver Britannia coin.

    Size 100.0000 mm
    Mass 625.2000 g
    Thickness 8 mm

    This is close to the 19.7 toy ounce amount they claim for this coin, which is about 613 grams.

    100 mm is about 3.9 inches diameter.

    The 5 ounce silver quarters had a diameter of 3 inches. 4 mm thickness. So twice as thick as the 5 ounce silver quarters, and a nearly four inch diameter.

    PS 20 troy ounces is about 1.4 pounds, which is quite heavy to carry around the neck. A very strong chain would be required.

    Did you allow for the much higher density of gold? If that much silver is 8 mm thick, then that much gold should be approx. 4 mm thick.

    More likely they would reduce the diameter from four inches to three or even 2-1/2, and increase the thickness.

    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • CaptHenway
    CaptHenway Posts: 34,164 ✭✭✭✭✭
    Options

    If I were still working in a coin shop and somebody brought one of these in for sale, I suspect that I would do a test cut on the rim since it is too heavy for me to do a specific gravity.

    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • Byers
    Byers Posts: 1,971 ✭✭✭✭✭
    Options

    If one is off-center or broadstruck I would buy it😃

    mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
  • ProofCollection
    ProofCollection Posts: 8,056 ✭✭✭✭✭
    Options

    @HalfDime said:
    Once the approval of the design is given, if no significant changes are required, it would take six to eight weeks to begin striking coins.

    Then, after Mint begins striking the coins, it is estimated that it will take several months for the coins to be produced.

    So they strike the coin and then they produce the coin? What's the difference?

  • RiveraFamilyCollect
    RiveraFamilyCollect Posts: 910 ✭✭✭✭
    Options

    I have heard about a law that bans living people from being on U.S. coins, is that a thing or am I misinformed?

    Llamas and alpacas are camels. They aren't like camels, or related. They are camels. When was anyone going to tell me this?! How long had Bill Nye been holding out on us?

  • ProofCollection
    ProofCollection Posts: 8,056 ✭✭✭✭✭
    edited May 27, 2026 1:16PM
    Options

    @RiveraFamilyCollect said:
    I have heard about a law that bans living people from being on U.S. coins, is that a thing or am I misinform

    According to AI:
    Rare Exceptions (Commemorative Coins)
    While no living person has ever appeared on money meant for daily spending, Congress has authorized a few exceptions for non-circulating commemorative coins. Only six living people have appeared on official U.S. coins in history:

      • Governor Thomas E. Kilby (1921 Alabama Centennial half dollar)
      • President Calvin Coolidge (1926 Sesquicentennial half dollar - the only sitting/living U.S. president to appear on a coin)
      • Senator Carter Glass (1946 Lynchburg half dollar)
      • Eunice Kennedy Shriver (1995 Special Olympics commemorative silver dollar)
      • Nancy Reagan (2005 First Spouse gold coin - her husband, President Ronald Reagan, was deceased, making her the exception to the rule)
      • Shimon Peres (2014 Congressional Gold Medal - Note: medals are distinct from legal tender coins)

    I'm not sure this coin would be any different than Coolidge's coin.

  • AdamL
    AdamL Posts: 227 ✭✭✭✭
    Options

    @RiveraFamilyCollect said:
    I have heard about a law that bans living people from being on U.S. coins, is that a thing or am I misinformed?

    Someone has already challenged the coins legally and lost. The court cited some of the coins mentioned by @ProofCollection above.

  • JBK
    JBK Posts: 17,860 ✭✭✭✭✭
    Options

    @ProofCollection said:

    @HalfDime said:
    Once the approval of the design is given, if no significant changes are required, it would take six to eight weeks to begin striking coins.

    Then, after Mint begins striking the coins, it is estimated that it will take several months for the coins to be produced.

    So they strike the coin and then they produce the coin? What's the difference?

    @MedalCollector gave a synopsis above that might represent the manufacturing process. Since it is so large in size it might not be minted in the usual fashion.

  • Rc5280
    Rc5280 Posts: 1,427 ✭✭✭✭✭
    Options

    @Old_Collector said:

    @CaptHenway said:
    Will a bezel be offered for those buyers who wish to wear them around their necks???

    I'm out, my worn out old neck could not take the stress, besides I can't sing, rap, dance, nada!

    The actual source is from a lawsuit to stop it up in Portland and here is an update: https://www.audacy.com/krld/news/local/trump-gold-commemorative-coins-delayed-past-july-4-anniversary

    Very telling, a lawsuit coming from a "retired Oregon attorney arguing it violates longstanding restrictions on depicting living individuals on U.S. currency. That challenge was unsuccessful."

    Even more telling, are some of the comments posted here. Very telling.

  • MsMorrisine
    MsMorrisine Posts: 40,041 ✭✭✭✭✭
    Options

    @Rc5280 said:
    Even more telling, are some of the comments posted here. Very telling.

    which is why we've gotten along so much better as politics talk had slowed to a trickle

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • SeattleSlammer
    SeattleSlammer Posts: 10,125 ✭✭✭✭✭
    edited May 27, 2026 2:37PM
    Options

    @johnny9434 said:

    @JimTyler said:
    I am so F*ing sick of hearing that name I could scream.

    Your not alone

    It takes all types is what I say!

  • coinkat
    coinkat Posts: 24,542 ✭✭✭✭✭
    Options

    The Lynchburg Commem featuring Carter Glass was minted in 1936… not 1946. We also had FDR among two others that were issued on a 1936 silver peso commemorative coin for the Philippines.

    Experience the World through Numismatics...it's more than you can imagine.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file