# Trump Coin

Type: Product

Source: Legal & RegTech Intelligence Brief — https://getlegalbrief.com/entity/trump-coin
Canonical HTML page: https://getlegalbrief.com/entity/trump-coin

## Timeline

- **2026-07-17**: Treasury Secretary Bessent unveils Trump $1 coin design — The gold-colored coin features Trump’s portrait with ‘Liberty’ and ‘1776-2026.’ Trump calls it ‘very cute’ and ‘unusual’ in a Fox News interview.
- **2026-07-17**: Legal experts declare coin likely illegal — Jeremy Paul and others argue that 31 U.S.C. §5114(b) prohibits living persons on any currency, including commemorative coins.
- **2020**: Congress passes Semiquincentennial Commemorative Coin Act — Authorized the Treasury to mint special 250th-anniversary coins, which the department now cites as legal basis for the Trump coin.
- **1926**: Calvin Coolidge appears on a U.S. coin as a living president for the first and only time — The 1926 Sesquicentennial half dollar featured Coolidge, predating the living-persons prohibition on currency.

## Recent coverage (1 stories)

### Trump $1 Coin Likely Violates 31 U.S.C. §5114(b)—Experts Forecast Court Battle
2026-07-19 11:42:03 · Sentiment: Bearish · Impact: 6/10 · Sources: 21

The Treasury’s new $1 commemorative coin featuring a living president directly conflicts with the statutory ban on living persons on currency. Legal scholars predict the courts will reject the Treasury’s narrow reading of ‘currency,’ setting up a landmark separation-of-powers and statutory interpretation case.
Full story: https://getlegalbrief.com/story/trump-dollar-coin-legal-violation

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