The US Mint has commenced production of a new $1 commemorative gold coin featuring the likeness of President Donald Trump, the Treasury Department announced Wednesday.
The coin is part of the official celebrations for the U.S. Mint's 225th anniversary, according to Treasury Secretary Scott Bessent.
The move has drawn immediate scrutiny over the approval process and the precedent of placing a sitting president's image on circulating or commemorative currency.
While the coin is not intended for general circulation, its release underscores the administration's efforts to fuse the president's legacy with national symbols.
Gold prices remained steady in the session, with spot gold trading near recent levels as investors monitored broader macroeconomic signals rather than the numismatic development.
The bullion market showed no significant reaction to the announcement, reflecting the limited monetary impact of the commemorative issue.