President Donald Trump is the first sitting president in a century to appear on a U.S. coin, reviving questions about whether the practice is legal.

  • MinnesotaGoddam@lemmy.world
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    1 day ago

    begins? i’ve seen these in “antique” stores and estate sales from people whose grands got bilked, trying to get a fraction of what they paid or maybe face value. i have ideas for recasting, but i ain’t a sculptor.

    first one i distinctly recall seeing was june this year (they were asking 11/coin for the set or 75 cents each for a single. it’d been a week and no takers. not surprising for a small liberal west coast beach community. i told them they should list the metal content on a sign and drop the price to 60 cents a coin, they’d be gone in a day (i have a small amount of experience in secondhand stores))

    i don’t know if vending machines will take them. i’d be surprised if they do.

    • A_Random_Idiot@lemmy.world
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      1 day ago

      Those were “memorial” coins, which generally arent curency and have lax regulation.

      This current one is a 1 dollar for circulation as currency coin, and there is explicit law against putting a living president on a 1 dollar coin.

      • MinnesotaGoddam@lemmy.world
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        1 day ago

        i needed to look that one up, since i know we have a few coin series - they’re obviously putting him on that coin series illegally to break a law for fun, but like i am not a currency lawyer. if they made it a quarter or halfdollar it might be legal. all i can say is that it would not break that specific law.

        • A_Random_Idiot@lemmy.world
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          1 day ago

          No, it wouldnt be legal, because it’d still be in violation of the general law of putting living people on currency.

          Its just there is extra special DONT PUT LIVING FUCKING PRESIDENTS ON 1 DOLLAR COINS law on top of it.

          • MinnesotaGoddam@lemmy.world
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            1 day ago

            wait hold on you said a specific word i just caught. memorial. do you know specifics on that coin line? i searched [trump memorial coin] and got the one in the article discussed. it took me like ten minutes just to get to the shitcoins i found below but phone search bad

            i found these on scamazon so like, some are being called commemmorative [sic] and some memorial.

            now let’s put on our tinfoil hats and get out our corkboards and yarn. remember all those absolutely real assassination attempts? when did the memorial coin get started being called a “memorial” coin?

            • A_Random_Idiot@lemmy.world
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              1 day ago

              Uh… I think wires are crossed here.

              I’m talking about coins minted by the US mint. I’m not talking about every chudware coin thats churned out for “collectable” markets by private non-currency coin shaped item makers

              They’ve always been called memorial coins. They memorialize an event. Like, in 1921 Alabama had a Memorial half dollar celebrating its 100 years as a state, and it had the first and the current living governor at the time on the coin together, and while technically a currency coin, it was also a memorial coin for the 100 years so thats why it had a still living person on it.

    • cloudshouter@lemmy.zip
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      1 day ago

      The last thing I saw on a Trump gold coin (not this one) was that it basically had less gold in it than sea water. The value really depends on scrap price. I know some of the official Trump brand coins are “high quality, rust and damage resistant iron alloy” so maybe 4¢ a lb. Any brass ones would be a couple bucks a pound if a place would take that particular alloy.

      Vending machines would have to be sized and programmed for them.