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FinanceDonald Trump

Donald Trump is selling $100 coins, but the silver they’re made of is only worth $30

By
Chris Morris
Former Contributing Writer
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By
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
September 23, 2024, 11:00 AM ET
Donald Trump is selling a silver coin featuring his image for $100.
Donald Trump is selling a silver coin featuring his image for $100. Kevin Dietsch/Getty Images

Add silver coins to the odd collection of branded knick-knacks Donald Trump is selling to his supporters.

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The former president on Saturday announced he selling “Trump Coins” bearing his face to supporters for $100 apiece. The announcement follows the sale of Trump Sneakers and “God Bless the USA” bibles, both of which were made available earlier this year.

“Trump Coins are designed by me and minted right here in the USA,” Trump said in a posting on Truth Social. “This beautiful, limited-edition coin commemorates our movement, our fight for freedom, prosperity and putting America first.”

The front of the coin features Trump’s face. The back shows the White House. The coins themselves measure 1.6-inches and are a “1oz .999% silver medallion.”

That puts the value of the precious metal in the coin at just $30.

Hello everyone! I have something incredible to share today, as we are introducing the launch of our Official Trump Coins! The ONLY OFFICIAL coin designed by me—and proudly minted here in the U.S.A. The President Donald J. Trump First Edition Silver Medallion will be available… pic.twitter.com/9SP1PaLOTh

— Donald J. Trump (@realDonaldTrump) September 21, 2024

Coins cannot be returned and orders cannot be cancelled once made, according to the website selling the coins. In addition, the website says, “The coins are intended as collectible items for individual enjoyment only, and not for investment purposes. The coins are not political and have nothing to do with any political campaign.”

Coins are the latest in a line of products Trump has been selling. In July, a Trump-owned company began selling $299 sneakers that featured an image of him smeared with blood following an assassination attempt. Those were different than the $399 gold sneakers he introduced in February at Sneaker Con.

Two years ago, he launched an NFT trading card collection. And in March, he began selling patriotic bibles for $60 which included a copy of the U. S. Constitution, the Bill of Rights, the Declaration of Independence and the Pledge of Allegiance. And just last week, he unveiled the World Liberty Financial crypto token, though details on that are still fuzzy.

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About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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