If you were looking for an officially minted Trump gold coin you may be disappointed to know there isn’t one. The US Mint started issuing presidential $1 gold coins in 2007. The program started with America’s first president, George Washington.
Four coins were issued each year, beginning in 2007, by the order in which the presidents served. The last $1 gold coin figured George H.W. Bush. So, you will have to wait for the US Mint to issue Clinton, George W. Bush, and Obama gold coins before they get around to America’s 45th president.
President Trump helped spur an expanding economy, reducing taxes and creating an all-time high in job creation. The financial market saw stock prices booming. You may be looking for an investment that also celebrates Trump’s presidency. Or simply want to invest in gold that is stackable and easy to store. Gold Trump coins are a valid option.
Are the Trump Gold Coins Real Gold?
Look out for scams or fake solid gold Trump coins. Various websites offer what they claim to be gold Trump coins. Far from being solid gold, these coins are often just lightly plated. But yes, there are real gold Trump coins out there.
Rounds & Coins
When a coin is not minted by a governmental agency they are known as rounds. Whereas coins are issued by a government treasury. Some of these coins are also considered legal tender with a minimum face value. So, when they are issued for circulation they are given a face value.
Whereas rounds are minted by a private company to commemorate an event or person. They have no face value and are not intended as legal tender. They are minted as a way to invest in precious metals. Their value is based on their weight in gold, plus a small markup.
Private Mint Trump Gold Coins
As mentioned earlier, the US Mint does not offer Gold Trump coins. However, there are 3 sites offering gold coins or rounds as they are known. Currently, two of these companies are still minting gold Trump coins. However, the first coin we mention would need to be bought or sold on the aftermarket.
- Noble Gold Investments
- Money Metals Exchange
Noble Gold Investments
Through their online platform in 2020 Noble Gold offered 1oz plated gold Trump coins. These coins have a metal content of 1oz of gold. However, due to their large size and thickness, they have an alloy interior and are plated in gold.
The coins have a 38mm diameter and are about 1/8 inch thick and plated with 1oz of 24-carat gold. The obverse (front of coin) of the round has an image of Trump. The inscription “45th President of the United States” is at the top, and at the bottom is the inscription “Donald J. Trump”.
The reverse of the coin lists Trump's achievements while in office. And the inscription “Delivering as Promised” at the top, and “One Troy Ounce” at the bottom. As this coin is no longer being minted, you would have to look for it on the aftermarket. Prices are in the range of $2,100.
Noble Gold is based in Pasadena, California, and has over 20 years of experience in the precious metals industry. The company's mission is to give investors a safe and easy way to buy precious metals.
Money Metals Exchange
Money Metals Exchange is currently offering a ¼ ounce .9999 pure gold Trump coin. This round is of bullion specification, as it is pure gold, and is not considered to have collectible value. So, you should be able to include it in your IRA.
The round is 20mm wide, with the image of the 45th president on the obverse, with the inscription “Donald J. Trump”. The reverse of the round has an image of the White House with the inscription “The White House”.
The cost of the coin may vary as it reflects the current spot price plus a markup. At the time of writing the coin was on offer for $632.00 with free shipping.
Money Metals Exchange is a precious metal company that started operations in 2010 and currently has over 250,000 customers. The company considers itself discreet, dependable, and very competitive in pricing.
GovMint is offering a 1 ounce .9999 gold Trump coin in a limited edition of 299 pieces. The coin is legal tender in the Republic of Somalia, with a face value of 10,000 shillings. These coins are struck in Ultra High Relief, giving the highest level of detail.
The high standard of detail means it has achieved a PF 70 grade by the Numismatic Guaranty Corporation. PF 70 is the highest Proof grade awarded to coins not meant for circulation. This level of Proofing means the coin has no post-production imperfection at 5x magnification.
The obverse of the coin shows an image of President Trump and the American flag in the background. The Inscription “45th President of The United States” is at the top and “Trump 2020” at the bottom. The reverse shows the coat of arms of the Somali republic.
GovMint is located in Minneapolis, Minnesota, and is one of the largest marketers in the country for collectible gold coins. The price of this gold Trump coin was not available on their website, you will have to call to get that info, as the pricing is subject to change according to market conditions.
Will the Trump Coin Be Worth Money?
Gold makes for a good investment for several reasons, it acts as an inflation hedge and is a great portfolio diversifier. Just to mention a couple of features. In terms of price, buying gold bullion coins may be a better option than collectibles.
Collectible coins may have a much higher value than their weight in gold. The higher price is determined by the demand created by its numismatic factors. For this reason, collectible coins cannot be included in a gold IRA. If you want to include gold coins, they must be considered bullion.
To answer the question, yes it will be worth money. As long as gold keeps its value, and it certainly looks like it will. The Donald Trump gold coin value will simply follow suit. You can find more information on investing in gold coins here.