Sign up HERE to our DC Insider newsletter - your guide to what's rocking Washington, rattling the White House and setting tongues wagging on the Hill See more Daily Mail on Google - save us as a Preferred Source Published: 13:56 EDT, 2 September 2026 | Updated: 16:46 EDT, 2 September 2026 Donald Trump's brand-new gold-colored $1 coin sparked chaos at the US Mint as a record rush of buyers overwhelmed its website and left customers stuck in massive virtual queues.The Treasury Department made the coin available on Wednesday as part of the nation's 250th anniversary celebration. A portrait of Trump's face is featured on the front of the coin with the inscriptions 'Liberty,' 'In God We Trust', and '1776 ~ 2026.' Despite not being released into general circulation, the Philadelphia-minted coins are legal tender and can be spent like any other US currency.The government is selling the coin in collector bundles of 25 or 100 per bag, ranging from $61 to $154. Each coin is priced at a markup of more than 50 percent above their actual value. Online shoppers are being forced to wait upwards of an hour to even access the US mint's webpage in order to purchase the coins. The coin's release hands Trump a symbolic victory after his administration pushed to place his likeness on US money. His policy breaks with a centuries-old tradition against featuring living figures on American currency.Despite their gold appearance, the coins contain no gold and are made mostly of copper, along with nickel and manganese. Donald Trump's brand-new gold-colored $1 coin sparked chaos at the US Mint as a record rush of buyers overwhelmed its website and left customers stuck in massive virtual queues The government is selling the coin in collector bundles of 25 or 100 per bag, ranging from $61 to $154 The Treasury Department made the coin available on Wednesday as part of the nation's 250th anniversary celebration A mock-up design of a proposed $250 bill featuring the president's face and signature that administration officials provided to Bureau of Engraving and Printing staff in August Bessent holding aloft a copy of the news article featuring the bill back in MayBack in May, Treasury Secretary Scott Bessent proposed a $250 banknote bearing Trump's portrait and signature, but the legislation authorizing it remains stuck in Congress.Trump's signature, but not his face, is also being added to newly printed $100 bills and will later appear on other denominations.In 2020, Congress passed a law allowing the Treasury Department to mint special $1 coins for the 250th anniversary. That law states that images of living people can not be shown on the reverse side of the coin but allows for the front to showcase Trump's face. A lawsuit was raised by a retired Oregon lawyer earlier this year, who dropped the case after a federal judge refused to block Treasury from producing the coins. Trump is only the second sitting president to appear on an American coin, exactly 100 years after Calvin Coolidge was featured on a half dollar celebrating the nation's 150th anniversary.An early design would have honored Trump's response to the July 2024 assassination attempt in Butler, Pennsylvania by showing him raising his fist with words, 'Fight, Fight, Fight.' However, in order to avoid outrage from lawmakers, Treasury decided to replace the back of the coin with the presidential seal, showing an eagle with arrows and an olive branch. The Philadelphia Mint struck nine million of the coins in July, its first month of production.Among them are 250,000 editions made on July 4 with a special privy mark and scattered at random throughout the rolls and bags sold online.
Trump's brand new $1 gold coin breaks the internet as staggering price revealed
Full Article
Original Source
Read the full article at Dailymail →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.