Sales Begin for $1 Coins Bearing Trump’s Face...2,100–3,300 Won Each

[Financial News] Sales have begun for a $1 commemorative coin bearing the face of U.S. President Donald Trump to mark the 250th anniversary of the founding of the United States. The use of a living president’s portrait on U.S. currency is also expected to spark controversy.
According to the United States Mint on the 2nd (local time), the coin was issued to commemorate the 250th anniversary of the founding of the United States. Trump’s face is engraved on the obverse, while the Great Seal of the United States appears on the reverse.
The word “LIBERTY” is engraved above President Trump’s face on the obverse, with “1776–2026” below it. On the Great Seal of the United States on the reverse, an eagle holds arrows in one talon and an olive branch in the other. A ribbon in the eagle’s beak bears the Latin phrase “E PLURIBUS UNUM,” meaning “Out of many, one.”
A roll of 25 coins costs $61, while a bag of 100 coins costs $154.50. At an exchange rate of approximately 1,360 won per dollar, the per-coin prices work out to about 3,300 won and 2,100 won, respectively. The face value is $1.
The United States Mint said it had randomly included specially issued coins in the rolls and bags. These special coins bear a marking representing July 4, the anniversary of the U.S. Declaration of Independence.
The coin is expected to generate controversy because President Trump appears on U.S. currency. U.S. federal law generally prohibits the use of a living president’s portrait on U.S. currency. However, the Treasury secretary has the authority to approve the minting and issuance of commemorative coins under certain conditions.
The design was approved by the United States Commission of Fine Arts, whose members were appointed by President Trump this year. Trump previously said of the idea of putting his face on a coin, “It’s very unusual, but it’s an honor.”
The United States Mint initially allowed a maximum of two orders per household, but the restriction is scheduled to be lifted at 2 p.m. on the 3rd (U.S. Eastern Time).
 


[email protected] Lee Seok-woo, International Affairs Specialist Reporter