$1 gold Trump coins go on sale Sept. 2

The United States Mint will soon begin selling a $1 gold coin emblazoned with President Donald Trump’s face, making him the first living person featured on American currency in more than a century.

The coins go on sale Sept. 2 at 12 p.m. ET. Collectors can purchase 100 coins for $154.50 or a roll of 25 for $61.00. Dispersed among the bags and rolls are 250,000 coins pressed on the Fourth of July, with a “July 4” privy mark, the Treasury said in a news release.

Featuring Trump’s official White House portrait, the coins were designed to commemorate the country’s 250th anniversary.

They are the first released in a slate of Trump-adorned currency announced by the Treasury. The agency has also proposed a $250 bill and 24K gold commemorative coin with the president’s image.

Some Democrats and coin collectors have questioned the legality of the coins, pointing to a federal law allowing “only the portrait of a deceased individual” to appear on U.S. currency and securities.

The Treasury, however, has pointed to a 2020 law allowing it to mint a $1 coin honoring the nation’s semiquincentennial for one year.

George Washington refused to have his image printed on currency during…

Original source: https://www.usatoday.com/news/nation/