Can a living US president appear on a US coin? Trump's new gold $1 coin, explained

US Mint strikes $1 Trump coin for America's 250th birthday — gold finish, no actual gold

Hindustan TimesThe US Mint has begun striking a dollar coin bearing President Trump's likeness as part of America's 250th anniversary celebration, with Treasury Secretary Bessent leading the unveiling. The coin carries a gold finish but contains no actual gold and is expected to be available to collectors by fall 2026. Federal law has historically prohibited living presidents from appearing on US currency, but the Treasury Department asserted its separate minting authority to proceed. The final design reportedly deviated from the previously approved version, and critics called the coin "tacky" while Trump personally promoted it.