The U.S. Mint plans to begin minting a dollar coin featuring the country’s current president, Donald Trump.
Treasury Secretary Scott Bessent unveiled sketches of the new “gold coin” on Wednesday, one side of which features a profile of Trump alongside the phrase “In God We Trust.”
“To commemorate the 250th anniversary of American independence, the U.S. Mint will begin minting this new $1 gold coin to honor the enduring legacy of freedom and the enduring symbol of patriotism,” Bessent wrote on social media.
The Treasury Department and the Mint did not respond to inquiries from The Wall Street Journal regarding the mintage and release date of these coins, as well as the material from which they will be made and where they will be available.
The publication notes that it is rare for a sitting president to be depicted on U.S. commemorative coins. In the U.S., coins bearing the image of the head of state are usually issued posthumously. The only exception was a 50-cent coin issued in 1926 to mark the 150th anniversary of U.S. independence. Its obverse features the profiles of the first U.S. president, George Washington, and the then-sitting president, Calvin Coolidge, while the reverse depicts the Liberty Bell.