Treasury Secretary Scott Bessent announces that the U.S. Mint will begin striking a new $1 gold coin to commemorate the nation’s 250th anniversary of independence. Multiple outlets report that the coin is designed to feature President Donald Trump’s likeness, with text including “Liberty,” the dates “1776–2026,” and “In God We Trust” appearing alongside his portrait. The reverse includes an eagle with outstretched wings holding an olive branch and arrows, a shield marked “250,” and the phrases “United States of America” and “One Dollar,” along with the motto “E Pluribus Unum.”
Several sources note that the public announcement does not provide key release details, including timing, quantity, metal specifications, or whether the coin will circulate as currency. In addition, at least one outlet reports that experts and critics raise legal concerns, citing federal rules that generally prohibit coins from bearing the image of a living president until after their death. The New Republic also reports the administration is relying on provisions for commemorative memorial coins for the 250th anniversary. Another outlet says the Commission of Fine Arts signed off on the design in March.
