The Treasury Department is minting $1 gold coins with President Donald Trump’s face prominently featured on it. But some likely contain minting errors, which has ignited a search among coin enthusiasts for defective coins that could significantly increase in value.
The U.S. Mint has previously reported selling out of the coins, which were issued in 100-coin bags and 25-coin rolls starting in early September. They were struck at the Philadelphia Mint to commemorate the 250th anniversary of U.S.’s declaration of independence, and the coins contain a “July 4” privy mark to designate them as special editions.
Now, the Treasury Department has announced that the Trump-branded coins will be distributed to U.S. banks again this fall. And, in an X post, the Treasury Department said there has already been “strong demand” for the coins.
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Yet coin collectors are reporting that some of the Trump coins are inadequately annealed or missing clad layers, according to Coinweek. A missing clad layer means a coin will usually show a copper core on one side and nickel on the other, a rare defect that gins up demand among die-hard coin collectors.
A challenge and a scramble for the Trump coin
Treasury Secretary Scott Bessent previously said in July that the coin was intended “to honor the enduring legacy of liberty and a lasting symbol of patriotism.”
Treasurer Brandon Beach has also been a staunch promoter of the coin.
“I want to challenge you to go get a roll of Trump dollar coins next month,” he said in a video on social media. “And then I want you to go to your favorite liberal coffee shop with your Trump dollar coins, buy a cup of coffee and watch their heads explode. They will not like it, but I love it, and I love this president. I love this coin.”
But the move to make the coin in the first place has generated controversy since federal law states that legal tender in the U.S. cannot feature living presidents. Doing so is banned to avoid generating comparisons to a monarchy.
Now, those controversial coins may even be defective.
Errors in coinage manufactured by the U.S. Mint are very rare. So far, coin collectors are reporting that the Trump coins with the missing clad layer weigh about 6.0 grams compared to the 8.1 grams minted by the Treasury.
Mike Byers, a numismatist specializing in federally-issued coins with errors, told Coinweek that some coinage weighing less than official specifications could fetch between $50 to $100.
One coin merchant tried selling their coin for $25,000 — but the jury is still out on how many Trump error-ridden coins are in private hands, which will dictate asking prices among coin collectors.
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The most valuable error coin
Rare error coins can command sky-high prices if few are in existence. Take the 1943 Lincoln copper penny.
About 40 copper coins were estimated to have been mistakenly minted during the height of World War II when the U.S. government had replaced the penny’s traditional copper with zinc-coated steel to conserve it, according to ApMex, an online retailer for coins and precious metals. About 27 are believed to exist today.
Some have sold at auction for over $300,000 among collectors, and its value can vary depending on the Lincoln copper penny’s condition. One 1943 penny, in particular, commanded a $1.5 million price tag.
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Joseph Zeballos-Roig is a policy and politics journalist based in Washington D.C with a focus on economics. He is experienced in connecting the significance of events in the capital to the lives of everyday Americans whether its taxes, tariffs, interest rates or federal programs.
