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Trump Coin Release Date September 2nd
WALLE
Posts: 367 ✭✭✭✭
Bag of 100 $154.50 roll of 25 $61.00.
5
Comments
Off the mint site.
Product limits are 50,000 of the bags and 150,000 of the rolls, with a HHL limit of 2 of each.
I calculate that as 8,750,000 coins in total. The original announcement also seemed to suggest that they would also be released into circulation, so if that occurs then the mintage will be higher.
Thank you @WALLE
Delaware has Rehoboth and other beaches. Beaches have taffy. Taffy gets pulled. Threads like this get pulled. Makes perfect sense. Sort of.
I dint see a seller here or many, jmo
I’m going to be lazy, as I believe this has been answered:
Why was an act
of Congress not required? I know the Treasurer has discretion when it comes to bullion coins, but all the circulating coins that come to mind have been authorized by a Coinage Act. The presidential series, which this is not a part of, was authorized by Congress as was the extension to honor Bush. Or did I miss an authorizing Act?
I'm too lazy to answer it for you.
All comments reflect the opinion of the author, even when irrefutably accurate.
Apparently what you missed was the other threads discussing the merits of this coin which eventually got hijacked by members with no discipline that got them closed or extinguished because they can't follow the forum rules of conduct.
At this point, it's official so let's please discuss the coin and it's release not the merits of the person or politics.
For the umpteenth time, this is being issued under the legislation that authorized various commemorative coin issues for our nation's 250th birthday. So, the required act of Congress does exist.
As I read the Mint's website, these will only be struck at Philadelphia. I wonder why.
If they will only be struck at one Mint, will they have a Mint Mark?
If they do have a mint mark, I wonder where it will be placed.
https://www.usmint.gov/semiquincentennial-president-donald-j-trump-2026-1-coin-rolls-bags-MASTER_SEMIQDJT.html
Thank you. Got it.
.> @CaptHenway said:
From the Mint web site - plain edge with no mint mark.
Thank you.
61 ÷ 25 = $2.44 / $1 coin in roll
154.50 ÷ 100 = $1.55 / $1 coin in bag
...why would anyone buy a roll?
edited to say, I spose a lower point of entry ... ? my god the premium tho
Some people believe that coins from rolls might be higher grade than the ones from bags since the bagged coins might slosh around and get more scratches.
fair point
I tend to believe that, after packaging, the coins are better protected from contact marks in the rolls. Because of that, I usually buy the other dollars that way. I will probably get a bag also, just for fun, and to spend them, as I did recently for my state's AI dollar.
Also the rolls are hella easier to manage/store than bags 😆
Why do people buy any of the roll or bag sets from the Mint?
All comments reflect the opinion of the author, even when irrefutably accurate.
Well, there is going to be, or in some instances, already is, an open space in the cash registers for dollar coins, where the cents used to be placed.
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In my case I want coins from both mints. Wheter it be the prior Kennedy half dollars, that weren't minted for circulation, NA dollar coins, or this item.
The rolls of dollar coins, as recently as earlier this year, were only $34.50 per roll, and the Kennedy half 2 roll set was, if I remember correctly, $60. Even at the new higher prices, I get what I know to be solid rolls of mint state coins fresh from both mints at a price much less than it would cost me in time, effort, and money, to get them from banks, even if they were available, unlike what seems to be happening with the semisesquintennial coins.
For the innovation dollars, it's the only way you can get them.
For these Semiquincentennial Dollars, it's not clear yet whether they will also mint more of them and distribute them out to banks where people can get them for face value.
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 700
??? What other dollar coins are released into circulation in 2026? And where are they used?
It would be a colossal waste of money to flood the zone with tens or hundreds of millions of these, that will sit, unused and unloved, in vaults all over the country. Especially after killing a cent that was actually widely used, due to the cost.
I am pretty sure that "seemed to suggest" means the coins have a regular, circulating finish, and were made in the millions, the same as regular, circulating coins.
The fact that the website says the following is the clearest possible indication that they will not be released into circulation:
"The coins—minted at the Philadelphia Mint—have circulating finishes but have never been placed into circulation. However, they may be still used as legal tender." No need to say that if the coins will actually also be circulating.
Pretty sure they will have a hard time selling these at $1.55-2.44 each if they will be obtainable at a bank for $1.00, and that the only way to actually get them will be to buy them from the Mint at the premiums they are asking. The product limits suggest that they want to make them readily available to those who want them. And also that, like the 2026 cent, the only place to get them will be to buy them direct from the Mint.
Sorry, but 8.75 million is a TON of something that will not actually be used in daily commerce. It strains credibility to think they are actually going to be making more than that for actual circulation. Can you think of anything that they ever made in such a quantity for numismatic sales that also circulated? Ever? Even in the glory days of uncirculated sets?
There will be far too many of them for them to ever be rare or valuable, but they will be a nice keepsake for those who want something affordable as a souvenir of this unique time in our history. People who balk at paying 3x spot for a silver coin with a mintage of 250K should similarly have a hard time paying what these are going to cost, given the mintage and lack of any intrinsic value. OTOH, they make $50 2026 cents look like a screaming deal.
I understand. My point was that people buy these and this one is no different.
All comments reflect the opinion of the author, even when irrefutably accurate.
The original press release about this dollar coin stated that they would be available from the mint in rolls and bags and that some would also be released into circulation. (Unfortunately these threads end up getting deleted when people don't behave, so the original source and discussion are no longer available.) I have no idea if that is still the plan but you can take it up with the mint if you disagree.
The mint doesn't need to make dollar coins for circulation just as they probably didn't need as many quarters as have been produced at various times over the past few decades. But, if they think there would be a particular purpose (special demand, commemorative design, etc.) then they can do it anyway. If there is a specific demand by customers then the banks/Fed can decide to order what is in demand.
As for cost, there is no comparison to the situation with the cent. The cent had negative seigniorage, while a dollar coin is positive. Every one that is made represents a profit for the government.
Even if these are not minted for circulation through the banks and face value, the mintage will likely be higher than the 8.75 million or whatever is available through these rolls/bags.
These coins can be ordered in the bulk program in the big bags of 140,000 of them with just the 10% premium. I would imagine some of the bigger coin companies/home shopping would go this route to secure large quantities and to do so cheaper.
Heck, the Trump family themselves may even order a few million coins this way to eventually give out as change over the next few years/decades at all of their properties and the future Presidential Library in Florida.
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 700
Understood. But the dollars will have "negative costs," seigniorage or otherwise, if they manufacture tens of millions of them, and then ship them all over the country, just to have them sit in vaults, unused. The history of every circulating dollar coin, ever, with exceptions of Western state use when dollars contained a dollar's worth of silver, and casino use back in the day, is that the coins won't be used, no matter whose face is on them.
Sure, people will buy some as a novelty or curiosity. Not enough to make it worthwhile to ship them all over country. Enough to try to sell 8.75 million through the website. I wish them luck.
As with many other things, they are priced way too high for the mintage. If they made 300K they might have a winner, even if they charged 20x the price. But 8.75 million are never going to be worth anything.
8.75 million of anything in circulating condition, sold at the premium the Mint will be asking for these, would be a non-starter if they were available from banks at face value. Not to mention, 8.75 million would be far too many for the Mint to be offering if they were also available from banks.
As a result, I don't care what the Mint said before. If they actually said it, they changed their mind when they thought through the reality of the situation with dollar coins.
Otherwise, you are misremembering. Because, this is it. Feel free to tell me I'm wrong again, and then don't apologize when I turn out to be right. The only place to get these will be from the Mint numismatic program. They are literally telling you that in their description.
The history of every circulating dollar coin, ever, with exceptions of Western state use when dollars contained a dollar's worth of silver, and casino use back in the day, and trade dollars is that the coins won't be used, no matter whose face is on them.
chopmarkedtradedollars.com
Do you know for a fact that these will be available? Because I don't see any way to specify a specific dollar coin to buy via this program, and I would assume you'd be buying coins that are actually made for circulation. Not these.
The TV guys wouldn't want them, because the discount to what they could buy from the numismatic program would not justify the quantity they have to take, the costs involved in moving them, and then the beat up condition that they would be arriving in, as opposed to what the Mint is selling in far smaller quantities. So, with all due respect, I think you are wrong here.
Whatever the circulating bulk coin program is, it is not a wholesale outlet for numismatic sales, and I'm pretty sure it is not going to include a one year only Trump 250 coin. You might be right about the Trump family grabbing a quantity of them, because I cannot imagine how else they are going to move 8.75 million.
But those will be in 100 coin bags, not 140,000 coin ones. 5,000,000 coins is plenty, 100 at a time. I honestly don't see them selling out, no matter how many Trump buys, and without a single coin being made available in a 140,000 coin bag.
Same goes for 150K 25 coin rolls. They'll certainly sell some. But I really think the fans here will be surprised by how few. These were made to be easily available. Not to sell out, or to have a secondary market. Not at this mintage.
I am not "misremembering" anything. I copied and pasted the text from the Mint's website into the now-deleted thread.
It would not surprise me if they changed their mind on trying to circulate them, or if they were also available through the bulk program as Illini420 suggested. Note that there are only product limits posted and not any mintages.
Either way, I'll have nothing to apologize to you for. I'm simply stating the facts as they were presented by the Mint. You, on the other hand, make definitive pronouncements that frequently turn out to be wrong. I'm still waiting for your apology after you repeatedly "promised" us that the Mint table at the FUN show would be closed on the National Day of Mourning for Jimmy Carter. Of course it was open but you were nowhere to be found following that fail. 😆
Yes. My bad. I forgot about Trade Dollars, that were not made for use in this country.
Yup. You are right about FUN. I apologize. Your turn on gold Liberty Bells.
Fine. If you are not misinterpreting, I'm telling you, definitively, they are telling you now that they will not be circulating. If they are not circulating, they will not be in the circulating bulk coin program.
I never said anything about gold Liberty Bells. What was that about misremembering?
Anyone recall the story of when the golden dollars were released you could order them from the mint at face value. Many would place large orders on their credit cards for points and cash back.
The recipients would then receive their dollars and simply turn them into banks for deposit. The United Stated government ate the cost of postage and other costs while the consumer profited off of having used their CCs at face value.
Yep. I did it myself. But I didn't turn around and deposit the rolls or the entire box in the bank. (I still have a few boxes)..
Sorry. You are correct again. I am confusing you with another one of my fans.
But get ready to apologize now. There are not going to be any more beyond the 8.75 million they are offering on the website. And many of them will be available for years to come. At least until 2029.
Do you ever do research before making pronouncements? This is right on the current website.
All comments reflect the opinion of the author, even when irrefutably accurate.
https://coinweek.com/trump-returns-a-sitting-president-to-u-s-coinage-100-years-after-coolidge/
All comments reflect the opinion of the author, even when irrefutably accurate.
Coinweek reported that the Trump Dollars are included and available in this program:
https://coinweek.com/u-s-mint-expands-bulk-access-to-historic-2026-coins/
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 700
Nope. I totally missed that. Let's see if it actually happens, although, I have to admit that it looks like it will.
So I guess there goes all the money they are going to be saving over the next 10 years by not making cents, as they flood the zone with these. And I guess I'll also be back to asking why anyone would buy 8.75 million at a premium, when countless more will be available at face value? To get a MS65 instead of a MS63, when there are tens of millions, and none of them are going to actually circulate?
I also guess there was no reason for the Mint to say on the website that you could spend them just like real money, when they will be widely available at banks from coast to coast. I guess that will teach me to take anything they say on the website at face value, when they are selling circulating coins at a multiple of face value. So, who's in for bags and rolls now?
I just want a roll of controversy. ATS 75,000 controversial rolls... Should be easier to snag than the quarter rolls.
Same reason people bought any of the mint rolls. Even if you (we?) aren't interested doesn't mean that others won't be. They'll grade them, add them to their SemiQ albums, etc.
You could ask "why?" about every Mint offering.
All comments reflect the opinion of the author, even when irrefutably accurate.
Yeah. I guess.
It's just that we've never seen them offering this much of anything at a premium like this, have we? Which is why I am truly shocked that they are also going to be available elsewhere at face value.
The Administration apparently really just wants to get these out there, regardless of the cost. Because everyone knows there is no organic demand for dollar coins to use in commerce. I shouldn't be surprised, but I am, given the big deal they made about killing the cents to save money.
The liberty half dollars sold out with 100,000 2 roll sets and 50,000 bags. That's 14 million coins.
Again, seigniorage alone guarantees a profit since there is a 50+ cent per coin profit. That is booked as soon as they are monetized.
All comments reflect the opinion of the author, even when irrefutably accurate.
I did not realize that either. Are they actually available at banks?
And, sure, seigniorage guarantees a "profit." But it's just a book entry profit, while you are actually spending millions of real dollars to produce and distribute something that is just going to sit in a vault unused.
It's no different than the money they lost making cents. If the coins aren't actually either used, or bought and saved, they are lighting money on fire.
Due the unique nature of these coins, a certain amount will be bought and saved. But many, many, many more will sit in vaults indefinitely until they are ultimately destroyed. No different than any other dollar coin they did this with in my lifetime since casino slots went to tokens, and then cashless.
A waste of money that will dwarf what they are saving with the cents. Production costs. Shipping costs. Storage costs. And then, destruction costs.
Without getting political, regardless of what image is on the coins, making and distributing dollar coins for circulation in 2026 is lighting money on fire. Which is why they didn't do it with any of the other dollar coins they produced this year.
I will leave it to everyone's imagination to speculate why this coin is different. And, as I said before, I am surprised that it is. Other than, apparently, there are times that it is very important to be fiscally responsible, and other times when there are things more important than taxpayer money.
Because, if seigniorage was truly as profitable as you imply, we could mint our way out of federal deficits by producing unlimited numbers of base metal coins, in ever increasing denominations, and then just storing them in massive vaults in the middle of nowhere. Producing coins for circulation that are neither going to be used nor hoarded is not profitable seigniorage. It is lighting money on fire.
As I understand things, the mint will also produce Native American and Innovation dollars this year. If the general population would accept a dollar coin, well and good. As it is, producing dollar coins for circulation is patently a waste.
Yes. They produce those coins for sale to collectors. To my knowledge, they are not distributed to banks, because there is no demand for them. People who want them buy them from the Mint. They don't go to banks looking for them. Dollar coins simply do not circulate in the US.
There will be some demand for these, due to their unique nature, but I thought that was the idea behind the numismatic sales. Beyond that, distributing tens of millions of these through banks in order to sell tens or hundreds of thousands of them will be a huge waste of money. Because, for every person who will love them as keepsakes, there is another person who will find them offensive and wouldn't accept them if offered in change.
If they stopped making dollar bills, like they stopped making cents, and offered only these as an alternative, then there would be real, organic demand. But that is not happening. So here we are.
Anybody here old enough to remember how back in the 1970’s and 1980’s and 1990’s and 2000’s and 2010’s and 2020’s people very much like us kept saying “Dollar Coins Will Circulate When They Stop Issuing Dollar Bills!”
“Be careful what you ask for. You might just get it!”
I will try to purchase a few , let's see what happens ?