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Iraq, Syria, Libya: Countries With Political Leaders on Coins Trump Joins

Iraq, Syria, Libya: Countries With Political Leaders on Coins Trump Joins

Summary

The U.S. Treasury announced it will produce a new $1 coin featuring President Donald Trump as part of the country's 250th anniversary celebration. This decision has sparked discussion because it is rare for living American political leaders to appear on official currency.

Key Facts

  • The new coin will have a "gold-like finish" and is expected to be released in the fall.
  • It honors the legacy of liberty and aims to symbolize patriotism in the U.S.
  • Traditionally, the United States has avoided placing living presidents on currency to reject monarchy-like practices.
  • Other countries with living monarchs, like the UK, Canada, Australia, and New Zealand, often update coins with their current monarch’s image.
  • Some countries have featured living political leaders or rulers on their money, such as Iraq, Syria, Libya, and the Philippines.
  • U.S. laws and traditions generally bar living people from appearing on coins and currency while in office.
  • The coin is authorized under the Circulating Collectible Coin Redesign Act of 2020.
  • The coin’s release comes amid wider discussions about the figures and history shown on U.S. money.
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