New Details Emerge About Trump’s Gold Coin
HalfDime
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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.
Comments
What is the source of this information?
Babylon-bee?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
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https://thehill.com/homenews/administration/5886303-trump-gold-coins-delay-250-anniversary/
Here's one source.
All comments reflect the opinion of the author, even when irrefutably accurate.
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 ?
``https://ebay.us/m/KxolR5
The source is "The Legal Filing", of which none of these clickbait sites can produce.
Is The Hill a satire site?
Indian Head $10 Gold Date Set Album
Ridiculous vanity project. Would not be a surprise that they charge $250k or even $1M. There's always a fool with too much money.
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
Indian Head $10 Gold Date Set Album
This whole thing just sounds odd.
My guess: Large, gold coins will require many strikes from the dies, possible annealing between strikes, and will likely be struck without a collar. This will necessitate that a lathe be used to reduce the coin down to the desired size. The variability in that process will lead to coins of differing weights. This is how they produce the 76mm bronze medals struck at the Mint.
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.
19.7 ... point 7 is awfully specific and totally arbitrary seeming
i'm skeptical
I'd rather have a plain ingot stamped with "mr1931s approves of this design".
The measure of intelligence is the ability to change.
Albert Einstein (14 March 1879--18 April 1955)
Will a bezel be offered for those buyers who wish to wear them around their necks???
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
all of 2026 has various goings on for the 250th. not just july 4th
when will it be monetized? when the date and denom are on it or once it's in the bezel?
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
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
Put it to bed. I am sorry for even reading this.
Well, just Love coins, period.
Should one come my way, I already own the necessary counterstamp and sledgehammer.
ANA 50+ year/Life Member (now "Emeritus")
Author: 3rd Edition of the SampleSlabs book, https://sampleslabs.info/
Edited… Nevermind
Experience the World through Numismatics...it's more than you can imagine.
Liberty Seated Half Dollars (lower circulated grades)
Im thinking this might go to the wayside like the $250 currency note idea did in Florida years back?
Since we're not supposed to make political arguments, I'll limit myself to cosmetic considerations. The orange patina of this coin is in keeping with the cosmetics of our beloved President.
Almost 20 ounces of gold hanging around my neck when I go to the Walmart to check the Coinstar for silver. What a spectacle that would be.
The measure of intelligence is the ability to change.
Albert Einstein (14 March 1879--18 April 1955)
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
I’ll take one. 👍🏻 🇺🇸
Will the reverse depict an image of the theme park being built on the grounds of the White House?
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.
He should aim for 666 lbs combined a great number...simply the best EVER (sarcasm)!!!
Liberty Seated Half Dollars (lower circulated grades)
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.
this will be nclt
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.
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.
If one is off-center or broadstruck I would buy it😃
So they strike the coin and then they produce the coin? What's the difference?
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?
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:
I'm not sure this coin would be any different than Coolidge's coin.
Someone has already challenged the coins legally and lost. The court cited some of the coins mentioned by @ProofCollection above.
@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.
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.
When the living and then current president Calvin Coolidge was put on the Sesquicentennial commemorative half dollar, I wonder if there was as much hysteria as there is now concerning Trump being on a coin.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
which is why we've gotten along so much better as politics talk had slowed to a trickle
I remember 1976 and the celebrations of our country's 200th birthday. I remember nationwide activities (big and small) taking place all over the country (schools, churches, cities, counties, states, etc. including parades, speeches, picnics, pagents, musical performances, etc.) during the second half of 1975 (after birthday # 199 on 7-4-1975) through 7-4-1976 (and beyond).
Fast forward to today and it does not seem that the same amount of attention and focus is being placed on birthday #250.
Maybe the attitude of the population of our country in 1976 was much more supportive of the USA than it is today. It seems like a large portion of the population of our country today views the USA negatively (regardless of which political party occupies the White House and controls Congress).
Or maybe today the barrage of information/data being provided to the public is excessive and often negative, thus it seems that support for the USA is on the wane (with the reality being that the majority of the population of the country is of the mind that they would never choose to live anywhere else because of the freedom, liberty and opportunity that they have here).
Happy birthday #250 USA!!!!!!!
It takes all types is what I say!
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.