By putting not just a living president but a current sitting president on it, they're making our currency political. I would strongly object to that no matter who or which side. I think I can say that...
A few years ago I was going to a coin dealer who was infatuated with Trump. He had an entire showcase dedicated to one, two and five ounce Trump medallions...
Trump is right up there with 'big ears' Charlie when it comes to depictions upon round disks of various metals. In other words, I pass......
From my understanding, the U.S. mint states that commemoratives are "legal tender" struck as non-circulating issues. In other words, monetized but not for entry into the financial sector. So I believe they will use this to side skirt U.S. code 31-5112. Personally, I think it's a horrible idea to issue any and will absolutely not add one to the hoard (collection) for the obvious reasoning set forth in the law. It's opening a door which can not be closed after the fact.
That door has already been open for over 100 years; just not often walked through. In the end, I don't see that I have a duty to enforce coin legislation lol. I'll just collect what I like, and not collect what I don't like. I certainly have my opinions of what the Mint should and shouldn't be minting, but I still collect some of the oddities that I wouldn't have decided to mint had I been in charge just because I find them interesting. I wouldn't have decided to mint the American Women quarters or Innovation dollars, but I still have some of them in my collection. I get the impression that these will be like the Innovation dollars; not intended for circulation but still legal tender, meaning that people could technically spend them but they'd be rare to see in circulation.
Both pro-Trump and anti-Trump privately issued stuff sells quite well. Don't think it's "political" to point that out. I have a Hard Times token clearly meant to mock the policies of Martin Van Buren and Andrew Jackson. So there's a long tradition of these sorts of things. People have long collected images of political figures and political issues. Such things have existed since ancient times.
My 2 cents after this thread, is somehow all of us have successfully found a way to get along, I have been thru some barnburners during my years here. Ya''ll have went "soft" IMO.
If the price of silver keeps on sky rocketing by the time this could get done only Pres. Trump could afford one.
Oh I got the impression this coin is just going to be on manganese brass like the Sacagawea/presidential/Native American/innovation dollars. I don't think it's going to be a silver dollar commemorative. But I might have that part wrong. Edit: OK, trying to read every article on this, none actually specifies that it's a silver dollar, but if it's a "1 dollar commemorative" it's probably a silver dollar. But I can't find any article on the thing that explicitly states this is supposed to be a silver dollar. The actual piece of legislation: https://www.congress.gov/bill/116th-congress/house-bill/1923 Quote from the legislation: "Treasury may, in addition to the coins honoring Native Americans and honoring innovation and innovators, mint for issuance during the one-year period beginning January 1, 2026, $1 dollar coins with designs emblematic of the U.S. semiquincentennial." I mean, that kind of sounds like it's going to be a manganese brass dollar. But it doesn't actually explicitly state anything about its composition.
Well, in my observations, once Congress authorizes coins through legislation, it's basically up to the Treasurer & Director of the Mint to come up with specific designs. There's laws, rules, and guidelines (but exceptions can be made, and often are), but I've never heard of Congress getting involved after the fact of the legislation being passed, except sometimes to issue comments and opinions on the designs. I expect the same to happen here. And let's be honest, many coins have been issued that probably violated some laws, rules, and guidelines. While many people have negative opinions on them, they're still collected, and many are highly valuable today.
Well, I started this thread, and I've read some interesting comments. I didn't mean to step on anyone's toes, just thought it was a hoax at first. That said, I can go either way, but I swore off the mint last year for personal reasons. Everyone on coin talk has there reasons for collecting what they collect. Please, enjoy what you collect, and collect what you enjoy. regards. Mike.
My toes are fine, thanks. I don't collect commemoratives or moderns anyway. I see fake news on Facebook on a daily basis, so I understand why you asked. My wife doesn't collect, but she saw an ad and said she wanted one. Maybe I'll get her one for Christmas.