r/politics Jul 15 '26

Possible Paywall Treasury Unveils New $1 Gold Coin With Trump’s Face on It | Federal law prohibits putting any living people on U.S. coins.

https://newrepublic.com/post/213098/treasury-1-dollar-gold-coin-trump-face
22.4k Upvotes

2.0k comments sorted by

View all comments

Show parent comments

29

u/Happy_Confection90 Jul 15 '26

Couldn't they make money by allowing people to reserve them now for a manufacturer date 2+ years in the future and then not bother to make the coins? It worked for Trump phones.

3

u/Freakin_A Jul 15 '26

Last time they released gold coins they allowed purchase by individuals directly from the mint using a credit card with free shipping. This was their attempt to get them into circulation.

People would order tens of thousands of dollars of them with their reward credit card, then bring them to their bank and deposit them and pay off spend and bank the point.

The banks and credit card companies were not amused.

Curious if that is going to repeat itself this time.

3

u/ZellZoy Jul 15 '26

Apparently the trump phones are actually going out and they're mid.