The U.S. Mint has commenced production of a new $1 commemorative coin featuring the likeness of President Donald Trump, the Treasury Department announced Wednesday.
The coin is part of the official celebrations for the United States' 250th birthday.
The move follows the unveiling of the design by Treasury Secretary Scott Bessent, which has drawn immediate scrutiny regarding the approval process.
Critics have questioned the speed and transparency of the decision to feature a sitting president on a gold commemorative issue.
While the coin is primarily a numismatic item, the announcement has triggered minor interest in gold markets, with spot gold prices holding steady as investors assess the broader implications of the administration's approach to monetary symbolism.
The Treasury had previously announced in March that Trump's signature would appear on all new U.S. paper currency, marking a significant shift in the visual identity of American money.