REGULATORY · USA

Commission approves Trump 24‑karat coin design

Change
The US Commission of Fine Arts approved the final design for a 24‑karat gold commemorative coin bearing Donald Trump’s image.
Commission approves Trump 24‑karat coin design
Why it matters
The Commission of Fine Arts voted without objection to approve the final design for a 24‑karat gold commemorative coin featuring Donald Trump. The approval clears the way for the US Mint to begin production planning and minting preparations. The coin’s size and denomination are still under discussion. Federal law prohibits living presidents on US currency, and the acting chief of the Mint’s office of design management stated that the treasury secretary has authority to authorize minting and issuance.
Implications
  • · US Mint production planners can proceed from design to production planning and procurement for the commemorative coin
  • · Outstanding size and denomination decisions will determine final production specifications and issuing details
  • · Treasury Department officials hold decisive authority over authorizing minting and issuance
Who is affected
  • · US Mint production planners
  • · Treasury Department officials
  • · Commemorative coin manufacturers
  • · Numismatists and coin collectors
Source

The Guardian

Topics

Law & Public Safety Regulatory Actions

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