Trump won't have his gold coins in time for America's 250th birthday: report
The U.S. Mint won't be able to produce gold coins bearing Trump's face before America's 250th birthday, according to a new report.
"The Mint is currently in the design stage of a large 24k gold coin depicting President Trump in commemoration of the United States Semiquincentennial," April Stafford, the director of the office of design management at the U.S. Mint, wrote in a legal filing published by Newsweek.
"There is no official on-sale date for this gold coin," Stafford continued. "While the coin will be minted in celebration of the Semiquincentennial on July 4, 2026, this is not the target date for issuance."
The legal filing also explained that the Mint hasn't started production on the coin because "the final design of the coin has not been approved."
The Treasury Department is "still in consultations regarding the design," and it is "possible that changes may be requested," Stafford wrote.
According to Newsweek, "once the approval of the design is given, if no significant changes are required, it would take six to eight weeks to begin striking coins."
On top of that, "it is estimated that it will take several months for the coins to be produced" once the Mint begins striking the coins.
Although the legal filing doesn't give an explicit timeline for when the Trump gold coins will start rolling out, Newsweek estimated that, based on the challenges laid out, "It may perhaps be that the coins are not ready until December, or even the beginning of 2027."