If you've been paying attention to the news, you may have heard about Trump Coins — commemorative coins featuring former president Donald Trump. These coins have been gaining popularity among some collectors but mostly with Trump’s supporters. This article will break down what the Trump commemorative coins are, their general value and why they've become so popular.
What Are Trump Commemorative Coins?
Trump Commemorative Coins are privately minted coins that feature the likeness of former President Donald Trump. No government mints produce these coins. Since no standard Trump commemorative coin exists, the features, composition and design of the coins vary. Because it’s not a standard, government-issued coin, it’s important to go through a reputable online coin shop to make sure you are getting high-quality coins. The coins come in multiple different forms, including silver, gold and copper, and often feature intricate designs and engravings.
The Trump Coins were created as fun collectibles and a way for fans of the former president to show their support. Most Trump coins feature images of Trump with patriotic symbols or famous landmarks like the White House.
The designs of the Trump Commemorative Coins are created by a variety of private companies and organizations, many of whom have ties to the conservative movement and Trump's political base. Some of the most popular coin designs feature Trump alongside other presidents, such as Ronald Reagan or George Washington.
The popularity of Trump Commemorative Coins can be attributed to their unique designs, their ties to conservative politics and the continued support for the former president among his base. However, they likely aren't the best choice if you just want to invest in gold as there is far less demand for the coins than popular bullion coins like Canadian Gold Maple Leaf coins.
How Much Are Trump Coins Worth?
The value of a Trump coin will depend on a few things like its metal contents, supply and demand and who made the coin. A 1-ounce gold Trump coin from a reputable private mint might be more valuable to collectors than 1 ounce of gold. It could also be worth slightly less because of a lack of demand for these specific coins. To get a rough idea of the value of your Trump coin, check other recent sales of the same coin and check the price of gold.
Better Coins for Investing in Gold and Silver
Although the personal collectible value gives these coins sentimental value, buying Trump coins is likely not the best way to start investing in gold or silver. They don’t hold enough value for them to be worth it for most people when there are so many other great choices for bullion.
American Gold Eagle Coins
As an alternative, American Gold Eagle coins — first released in 1986 — are produced by the United States Mint. Crafted from 22-karat gold, these bullion coins come in several sizes ranging from 1/10 to 1 ounce and have a legal-tender face value that is significantly lower than their actual gold worth.
For those looking for American Gold Eagle Coins, you can buy from many reliable dealers that offer them (both direct delivery and with an IRA), including Advantage Gold, American Hartford Gold, Priority Gold.
- Best For:Precious Metals and CoinsVIEW PROS & CONS:securely through Priority Gold's website
- Best For:Gold IRAs with On Going PromotionsVIEW PROS & CONS:securely through American Hartford Gold's website
- Best For:Excellent Customer SupportVIEW PROS & CONS:securely through Advantage Gold's website
Silver Mercury Dimes
If you are looking for more collectible or historical coins, silver Mercury Dimes may be perfect for you. They were minted in the United States and circulated between 1916 and 1945. The name came from a simple misunderstanding where people thought Lady Liberty wearing her Phrygian cap was confused for the Roman god Mercury. Mercury Dimes aren't completely pure, but they contain 90% silver and 10% copper.
Are Trump Coins a Good Investment?
Trump coins may not be an obvious choice for investors looking to buy gold or silver, but they can be popular collector's items. If you think that these will continue to gain value over time, it might be a good investment. However, other forms of bullion are easier to buy and sell. And remember, if you buy Trump coins, make sure to get them from reputable exchanges to try to avoid scams and bad deals.
About Henry Stater
Henry is an expert in all things crypto. He stays up to date with all the latest coins, platforms and technologies in the field. He has particular expertise in the burgeoning decentralized finance ecosystem and loves trying out all the new platforms. He also always follows major events in other financial markets and geopolitics as a whole, especially when an event’s effects ripple through the crypto market.