Options
Better pictures of the Trump Dollar
CaptHenway
Posts: 33,927 ✭✭✭✭✭
I am glad that they left Frank Gasparro's initials on the reverse design.
Numismatist. 54 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. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
9
Comments
Are these going to be NIFC, as in collector issued?
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
Am I the only one who doesn't know what NIFC is?
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
I should have spelled it out before using it. Not Intended For Circulation.
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
Never heard that one before. Usually, it's NCLT for Non Circulating Legal Tender.
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
Are these made in China?
Of course not. Are trying turn this thread political?
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
There are so many discussions on here of the 'Trump Dollar' or 'Trump Bills' or 'Trump gold' and it's really hard to understand what's real, vs cheap souvenir items that are not legal currency intended to milk more money from 'buyers'.
All the prior discussions I'd seen said that Trump 'compromised' having his signature on a bill because he couldn't have his LIKENESS on a bill. Is it different for a coin, while he's in office? Was that resolved?
This.
I am not aware that Congress passed any specific exemption to the law forbidding the images of living people on coins and currency, as they did for the Eunice Shriver coin and various other commemoratives.
Name one US coin that was made in China other than a counterfeit 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
I was unaware that there was such a law. Can you provide a copy or link to this law? Considering that there are four different US coins that were issued showing a living person, there is certainly ample precedent. Also, any new legislation that authorizes a new coin can make an exception to the requirement of a previous law.
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
My point was, I wasn't aware if this was an official issue, or another souvenir commercial product intended to profit.
I'd also argue on reflection that the creation of this $1 gold coin (in a very limited run?) is inherently a political action. It's not a standard presidential dollar or part of an ongoing series. So it is clearly outside of norms. And it's not a celebration of the 250th anniversary, but a celebration of the President himself. If it's in a limited run, how will they be distributed? I doubt they're just going on the mint website, regardless of price. So then there's the possibility of them being used as leverage like the trump bitcoin was to curry favor.
Here's some info from Copilot for context:
A 24-karat gold commemorative coin featuring Donald Trump was approved under Treasury authority, bypassing the usual prohibition against living presidents on U.S. currency.
Background and Approval Process
The U.S. Commission of Fine Arts, a federal panel whose members were appointed by Trump, unanimously approved the design for a 24-karat gold coin to commemorate the United States’ 250th anniversary in 2026, featuring Trump’s likeness on the obverse and a bald eagle on the reverse . The coin’s design depicts Trump leaning over a desk with fists resting on top, with inscriptions including "LIBERTY," the dates "1776–2026," and "IN GOD WE TRUST" . The coin will be produced in a limited run, though its final size and denomination have not yet been determined .
Legal Framework
Federal law traditionally prohibits living presidents from appearing on U.S. currency. However, the Treasury Secretary has statutory authority under 31 U.S.C. § 5112 to authorize the minting of commemorative 24-karat gold coins with designs and inscriptions at their discretion . This authority allowed Treasury Secretary Scott Bessent to approve the Trump coin despite the longstanding restriction. The coin is considered a commemorative or bullion coin, separate from circulating currency, which provides additional legal flexibility.__****
Funny how jealous he is of JFK.
@PerryHall @CaptHenway thanks for the correction on NCLT. Noted for future embarrassment.
Not Intended For Circulation sounded good...at the time.
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
I have never seen non-official Trump souvenir tokens discussed on the forum, so I'm not sure why you are confused about it.
You seem to be misinformed on quite a few issues here.
The signature on the $100 has nothing to do with the proposed (and unlikely) $250 bill. I've never heard anything about it being a "consolation".
The dollar coin that is the subject if this thread is not made of gold. The gold coin is a separate item. This coin was apparently minted under a commemorative coin authorization.
Some of you guys with your vailed political agendas.
Pretending to show a "coin" as justification.
You are all intelligent enough to understand it isn't allowed on this forum. Yet you do so regardless, with impunity.
Good grief. You know it is polarizing here.
There are thousands of political sites you can preach your political opinions on, why do you choose to do so here?
2 of us thus far
Thank you for stating the obvious! Those that claim “politicization” by others are engaging in a whole lot of projection…
I've only used NIFC. Rolls right off the tongue.
"But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
BHNC #AN-10
JRCS #1606
I actually love the placement of the 250 on the shield on the reverse. So much better than the dumb liberty bell 250 privy found on much of the coinage this year.
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 700
This is essentially what I was referring to:
"As Treasury Secretary, I only have two mandates. The currency has to say 'In God We Trust' somewhere on it, and there cannot be an image of a living person, but we have the president's signature, which again, I think it is appropriate for the 250th. During the 150th, there was a Calvin Coolidge coin, so we can put living people's images on a coin."
Hard pass. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
I think the 250 might have worked better incused, like the obverse lettering.
I wonder how this Trump Dollar will be viewed by the hobby and its participants 50 years from now and 100 years from now (assuming the hobby is still around then).
Will it be something that inflames the passions of future hobbyists (like it does with today's hobbyists); or will it be something that causes future hobbyists to think (for about a second) ..... meh?
50 or 100 years from now it will be a big yawn to most people. Based on the lack of knowledge about history by the younger generations today, i doubt that decades from now will be much different.
Does anyone today (or even 50 years ago) remember the controversy about the Roosevelt dime in 1946? I have 1946 dime where someone counterstamped "SOB" along the bottom of the portrait. A large minority of Americans were not fans of FDR, or his unprecedented race for a third term, much less a fourth. No president had ever run for more than two terms. There were other reasons many people didn't support him, as well. But here we are, years later, and all of that is forgotten (or never learned).
While I am a conservative and as an attorney of 45 years I find many ways that this can be shoehorned in legally, I do not approve -- it is not an attractive coin, which has been the case for many years with many coins. Not for political reasons, but artistic. Same for currency, how about some of those amazing old 1896 Educational Series Silver Certificates, but scratch the silver unfortunately. And many other great examples.
The mint needs to get back to classic artistic quality, and lose ALL of the politicians on coins alive or dead. I think that Washington, Lincoln, Jefferson, and the others are very important to our history -- but let's break away from that and DEI junk too -- let's get back to really cool looking coins.
I cannot think of a quarter that is more desirable than a Standing Liberty, although they need to work on making the date less prominent to allow it to wear off. Also, how about those fabulous Walking Liberty half dollars, Indian head or Flying Eagle cents (in collector sets if not circulated), Indian head (Buffalo) nickels, Mercury or Barber dimes. Just wow what an amazing complete overhaul if they only had some imagination and really cared about our coinage.
If all of those were in next year's proof and mint sets, I think they would crush it.
I’ve seen both used before and think either one is fine to use but sometimes it does help to say the full term first as to avoid confusion.
There are several modern issue coins which do not stir my interest. Others may go absolutely ga-ga over them. If we all had the same taste in collectables it would be very boring indeed.
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
I think there might be a difference between NCLT and NIFC.
I think of NCLT as the stuff that is issued in the name or various small countries. Coins in all shapes and sizes that are purely for novelty or collecting purposes and have no relation to any circulating coins issued by the country. In many cases, they are demonitized after issuance
NIFC makes me think of versions of coins (dates, mintmarks, etc.) that are similar to circulating coins but for that specific date or mintmark they were issued only in mint or proof sets, for example. Many Kennedy halfs and this year's Lincoln cents come to mind as examples.
The US issues some NCLT but it issues a lot of NIFC coins.
I wonder how long we have to suffer the "in god we trust" on our money.
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?
FOR-EV-ER.
"As Treasury Secretary, I only have two mandates. The currency has to say 'In God We Trust' somewhere on it, and there cannot be an image of a living person, but we have the president's signature, which again, I think it is appropriate for the 250th."
Don't use it, and don't collect it. Suffering solved.
Move somewhere that doesn't engrave it on their money. Suffering solved.
That’s a good explanation of the two terms!
Wouldn't own one if you gave it to me.
I agree . This coin really sucks!!!🤮🤮🤮
I think the 250 might have worked better incused, like > @SanctionII said:
Well, the Susan B. Anthony dollar came out 47 years ago and we have seen what a failure it was.
Ditto the Ike dollar, which came out 55 years ago. I remember getting rolls of them at the bank and spending them, but I never ever got one in change.
Curiously, I used an Ike and a $2 bill as part of the cash tip at a diner this Noon, and the Waitress was very happy with them.
It wasn't add to our money that long ago. We should push to get it off our money going forward.
Seems like a worthwhile pursuit in the advancement of beautiful coinage. It's just junks up the coin.
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?
Are you ?
Per AI to confirm, it first appeared in 1864 on the two cent piece, and it made more appearances on some coins until 1938 when it starting appearing on all coins.
It became required on paper money in 1957.
There was a bit of controversy in the presidential dollar era when it was moved to the edge, and it had to be moved back to the face of the coin.
So, good luck removing it.
No, it's usually NIFC
Bet. I am patient.
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?
Well, that in of it self is a lot of coins!
Veiled political agendas transgressed upon numismatics, not the other way around. That warrants discussion amongst the numismatic brain trust in this space, warts and all.
This proposed coin is breaks this law:
31 U.S. Code § 5112 - Denominations, specifications, and design of coins,
"No coin issued under this subsection may bear the image of a living former or current President, or of any deceased former President during the 2-year period following the date of the death of that President."
You all know this already. Bessent apologists by way of Calvin Coolidge precedent do not make the issue of the current coin any less illegal.
Reference: https://www.law.cornell.edu/uscode/text/31/5112
It isn't a Gasparro design. His initials should not be on it. If he were still alive would he want any association with this "coin"?
That's the generic law about coin issuance. Any special legislation such as commemorative coin legislation can exempt itself from those restrictions.
The Secretary of the Treasury has said that this coin is being minted under the 250th commemorative coin legislation. I haven't read it so I can't comment further.
I'm ready. I have both a stamp and a counterpunch.
ANA 50+ year/Life Member (now "Emeritus")
Author: 3rd Edition of the SampleSlabs book, https://sampleslabs.info/
I do not recall ever hearing this term.
Well, who designed the reverse of the 1891 Half? James Longacre (1866)? Robert Ball Hughes (1840)? Christian Gobrecht (1836 and 1838?) John Reich (1807?) I say Reich, with modifications.
https://www.pbs.org/newshour/politics/u-s-mint-produces-a-1-coin-bearing-trumps-face-to-help-celebrate-americas-250th-birthday