Ready for the 1 Dollar Trump Coin?

[Blisterfinger]

A troy ounce is 31.1 grams, so a gram of gold is $128 (~$125), like I said. What is your point, and what is the $13.61 you posted? 10g of silver is $15.40 (~$16), like I said.

Trump's coin is going to be worth a LOT.

 

[OhPleaseJustQuit]

Trump's coin is going to be worth a LOT.

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If they mint it in gold, yeah.

Well, either way, I'll buy as soon as it's offered, but I think it would sell better if they stamped "Thank you, Orange Man" on the obverse.

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[Concerned American]

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If they mint it in gold, yeah.

Well, either way, I'll buy as soon as it's offered, but I think it would sell better if they stamped "Thank you, Orange Man" on the obverse.

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Sorry, can't see spending $250 for idol worship. I like what Trump is doing, but he's still a politician.

 

[Blisterfinger]

Sorry, can't see spending $250 for idol worship. I like what Trump is doing, but he's still a politician.

And you don't have to, that's the beauty of America.

 

[Jim H - VA USA]

Every coin that is commissioned through congress must follow these guidelines. As long as they fall in line with the basics everything is fine. However, EVERY new design goes through an approval process. The bill you referenced is for that particular issue ONLY.

31 U.S. Code § 5112 - Denominations, specifications, and design of coins

www.law.cornell.edu

US Treasury confirms my analysis...

 

[Concerned American]

And you don't have to, that's the beauty of America.

Absolutely. The only point I've made here is that Trump is stirring the pot. New coinage has laws that govern it and this Trump coin is DOA. BTW, if you want Trump coins, you can purchase all you want from the WH gift shop. They aren't legal tender though. Here's the link.

White House Gift Shop Search Results

 

[Concerned American]

US Treasury confirms my analysis...

I've shown you the law. You showed me a tweet. Take your pick. Hide and watch for when that coin with Trump's image on it appears. SMFH.

 

[OhPleaseJustQuit]

Sorry, can't see spending $250 for idol worship. I like what Trump is doing, but he's still a politician.

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If they're minting it as bullion, it's an investment.

If it's just going to be a commemorative, you're absolutely right.

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[Jim H - VA USA]

I've shown you the law. You showed me a tweet. Take your pick. Hide and watch for when that coin with Trump's image on it appears. SMFH.

The law you posted only applies to $1 presidential coins. The Trump coin is a 2026 commemorative coin. The law you posted is irrelevant.

Similarly, Section 5114 applies to currency. It is also irrelevant.

 

[Concerned American]

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If they're minting it as bullion, it's an investment.

If it's just going to be a commemorative, you're absolutely right.

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Correct. BTW, I posted the WH gift shop site for Blisterfinger. They have quite a few different Trump commemorative coin/medals for sale. I don't think they have any precious metal content though.

White House Gift Shop Search Results

 

[OhPleaseJustQuit]

The law you posted only applies to $1 presidential coins. The Trump coin is a 2026 commemorative coin. The law you posted is irrelevant.

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I've been confused all along, whether it's going to be tender, bullion or a commemorative. Thanks for clarifying.

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[Concerned American]

The law you posted only applies to $1 presidential coins. The Trump coin is a 2026 commemorative coin. The law you posted is irrelevant.

Similarly, Section 5114 applies to currency. It is also irrelevant.

You can bandy tweets around all day.
Congress has not officially approved the design of a U.S. 250th anniversary coin featuring Donald Trump's image, as the Treasury Department is still considering the proposal and a final design has not yet been selected. However, there is ongoing controversy regarding the legality of depicting a living person on U.S. currency due to an 1866 law.

 

[Jim H - VA USA]

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I've been confused all along, whether it's going to be tender, bullion or a commemorative. Thanks for clarifying.

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It's complicated. Concerned American has trouble with it, and he's smart. Took me a while to figure out...

Here is 5112...

See, it only applies to the $1 Presidential coins which are not minted until at least two years after death. Jimmy Carter does not have his yet!

Section 5114 is more straightforward. It applies to currency.

 

[Concerned American]

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I've been confused all along, whether it's going to be tender, bullion or a commemorative. Thanks for clarifying.

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Commemoratives are legal tender. Bullion is not. The US mint doesn't sell bullion directly to the public but they do mint them and distribute them through third parties. This 250th coin will come about--it just won't have Trump's image on it.

 

[OhPleaseJustQuit]

Commemoratives are legal tender. Bullion is not. The US mint doesn't sell bullion directly to the public but they do mint them and distribute them through third parties. This 250th coin will come about--it just won't have Trump's image on it.

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Still confused, but I'll survive.

Thanks.

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[midcan5]

Just curious but does it say convicted felon and draft dodger as well as compulsive liar embossed on it? That would be honest and a great collector item.

 

[Moonglow]

The Trump coin will soon replace the wooden nickel.

 

[Concerned American]

Just curious but does it say coveted felon and draft dodger as well as compulsive liar embossed on it? That would be honest and a great collector item.

LMAO, who is coveting this so-called coveted felon you speak of in your post #196, moron5?

 

[Paddlefoot]

A troy ounce is 31.1 grams, so a gram of gold is $128 (~$125), like I said. What is your point, and what is the $13.61 you posted? 10g of silver is $15.40 (~$16), like I said.

That is how much it is up from yesterday.

https://www.moneymetals.com/walking-liberty-gold-1-troy-oz-round-9999-pure/2415?keycode=CRITEO-DYN-PROSPECT&utm_medium=cpc&utm_source=criteo&utm_campaign=criteocampaign3&criteo-ref=criteotraffic&utm_content=schowcase-investopediasilver&utm_id=272618&cto_pld=s6bmqNRwAADibZkzY2MIxg

 

[Blisterfinger]

Absolutely. The only point I've made here is that Trump is stirring the pot. New coinage has laws that govern it and this Trump coin is DOA. BTW, if you want Trump coins, you can purchase all you want from the WH gift shop. They aren't legal tender though. Here's the link.

White House Gift Shop Search Results

Cool, thanks