Official Trump Coin 2020 Review
The official Trump coin 2020 (often called the “Trump 2020 coin”) is a new collector's item that is now offered in both silver and gold. The coin was issued by Noble Gold Investments to celebrate the former U.S. President's accomplishments during his term in office. It is being offered as a collector's piece and for only a limited time.
Trump 2020 Freedom Coin Background
The Trump 2020 Freedom coins were issued to celebrate the last year of the first term of the American President, Donald J. Trump. Against huge odds, Donald Trump won the Republican Party nomination and overcame establishment politics, a media ecosystem that's often perceived as biased, and his arch-rival Hillary Clinton and the Democratic Party to take his place as 45th President of the United States. Coin dealer and IRA precious metals company Noble Gold brings this coin to supporters of the President to celebrate his pinnacle achievements while in office, such as his landmark tax reform law (the Tax Cuts and Jobs Act of 2017), including the lowest unemployment rate in decades and the most prosperous stock market on record.
Trump coin 2020 silver collectibles are struck in one ounce of silver. The coin is being sold as a collector's item in limited production quantities to add to its value. It is billed as a fantastic gift for supporters of President Trump. Prospective buyers should be aware that it does not have any face value denomination (as it is not produced by the U.S. Mint).
Who Is Behind the Trump 2020 Freedom Coin? Is It a Scam?
In short— it is not a scam. The company marketing and selling the Trump 2020 Freedom Coins is the respected bullion and coin dealer Noble Gold. This U.S.-based vendor is the leading source for Trump coins for sale. The firm is a full-service company that is based in Pasadena, California and specializes in precious metals dealing and gold IRA's. Noble Gold's founders are industry veterans CEO Charles Thorngren and President Collin Plume. Both men are still actively involved in the day to day operations of the company as primary principals.
Thorngren and Plume founded Noble Gold because they were concerned with the ills they saw plaguing the gold dealer industry. In their interactions with customers at other companies, they had heard numerous complaints about the lack of transparency among precious metals dealing firms.
It became obvious to the pair that most of these companies were more interested in making money than in helping their customers to gain value with their investments in precious metals. Because of these problems with the industry, Thorngren and Plume established a gold dealer company with a mission to return to the roots of educating prospective clients in the best ways to protect their investment and retirement portfolios. This remains their mission today.
Is The Trump Gold 2020 Noble Gold Worth It After 2020?
The U.S. presidential election took place on November 3, 2020 and was followed by a prolonged period of controversy regarding mail-in voting and election security issues. Ultimately, Congress certified Joe Biden as the next President of the United States on January 6, 2021.
Nonetheless, the official Trump coin from the 2020 election campaign carries significant value. Since these coins are no longer being minted, Donald Trump gold coin values will probably continue to rise for years to come. In other words, you can expect Trump coin prices to appreciate—making Trump coin 2020 noble gold collectibles an excellent investment for coin collectors.
More About Noble Gold's Founders
Noble Gold CEO Charles Thorngren brings over two decades in financial and precious metals investments experience to the table. Customer satisfaction has been his primary concern from the beginning. He started out in stocks and bonds in 1995 and moved on to include investment banking. It was only a few years before he offered clients a range of alternative assets including real estate and the precious metals. After five years, Charles concentrated his endeavors on the asset class of gold and precious metals. This range of experiences gave him a solid background in advising customers on wealth building, investing, and retirement planning.
President Collin Plum focuses his efforts on helping clients to effectively manage their assets and develop a sound plan for increasing longer-term wealth. He has a varied background in property insurance, commercial real estate, and precious metals investing. His experience in finance and economics helps him to offer well-rounded advice to customers.
Trump 2020 Freedom Coin Physical Characteristics
The Trump Coin 2020 coin is struck in high relief on both front and back. We look at the specifics of its design and other physical characteristics next.
Coin aficionados utilize the word “obverse” to refer to the front of a coin. Trump 2020 Freedom Coins feature a bust of the President in the center with the words 45th President of the United States encircling the top 2/3 of the coin and his name Donald J. Trump on the bottom. The silver coin is pictured below:
These same coin enthusiasts use the world “reverse” to reference the back of a coin. The Trump 2020 coin's reverse features an eagle holding a shield with the list of economic achievements of President Trump's first term. These are detailed as follows:
- First major tax reform in 30 years
- Lowest unemployment rate in 18 years
- Jobless claims lowest since 1973
- Highest Dow Jones level in history
The top half of the back of the coin states “Delivering as Promised.” The bottom left declares the coin's silver content of “One Try Ounce” while the bottom right states the coin's silver purity of “.999 Fine Silver.”
Trump 2020 Coin specifications for the one ounce silver size are as follows:
- Diameter: 38 mm
- Metal Content: one troy ounce
- Silver Purity: 99.9% pure
There is also a new one ounce gold version of the Trump 2020 Freedom Coin pictured to the right. The obverse and reverse designs on the gold coin are the same as on the silver one. Its specifications are as listed below:
- Diameter: 38 mm
- Metal Content: one troy ounce
- Gold Purity: 24 karat gold
Is the Trump 2020 Coin Gold-Plated?
Yes, the Trump coins released as part of the 2020 series are indeed gold-plated. This means that they are composed of an interior metal alloy and genuine, high-purity silver and gold exterior plates.
Both the silver and the gold Trump 2020 coins boast significant plating as the coins themselves are quite large (about 1/8 inches in thickness).
Promotions and Sales
Be sure to check out the links we've provided above to find the best deals on Trump 2020 gold and silver coinage. At the time of writing, the coins are heavily discounted from their regular $39.95 retail price on Amazon. Free shipping is also available to customers from many of the top-rated vendors, such as Noble Gold.
History of U.S. Presidential Gold Coins
The U.S. Mint has a long history of issuing one-dollar gold coins, dating back to George Washington's inaugural coin in February 2007. The total mintage of the premier Washington gold dollar coin is over 340 million. The most recent presidential coin is George H.W. Bush, which was first released on December 4, 2020. Total mintage data for the Bush senior coin is not yet publicly available.
Every U.S. dollar coin that's part of the presidential series features an engraved relief portrait of a former U.S. president. The Trump 2020 coin is not an official U.S. presidential dollar coin. Rather, it is a privately-issued coin. This doesn't mean it's any less valuable than a presidential dollar coin.
Since 2012, U.S. presidential gold dollar coins have been significantly scaled back. After the first few coins were minted and circulated between 2007 and 2009, an inventory of unused $1 gold coins emerged. Therefore, the U.S. mint reduced the number of each coin they produced, thereby raising each coin's respective value.
There's no guarantee whether the U.S. presidential dollar coins will continue to be minted in the future. In the meantime, the official Trump Coin 2020, which was originally produced during President Trump's re-election campaign, remains the only Trump-branded gold coin in existence. As such, it's been highly sought after as a collectible by investors.
Trump Coin 2020 Freedom Edition Pricing
Trump 2020 Coins are collector's coins. This explains why the coins trade for substantially higher prices than the daily spot price of silver and spot price of gold on the markets. The silver coins are available for $39.95 while the Donald Trump gold coin value is in the range of $2,100.
The market value of these coins is of key importance to a silver or gold coin investor. It is crucial for determining the coins' true values in investment or retirement portfolios. The price of the silver bullion will rise and fall throughout the trading week. As these are collectible coins, their total value will not change much with silver prices (and gold prices) rising and falling. You can simply and quickly check the spot prices of both silver and gold by clicking this link to our home page.
Can IRA Accounts Contain Trump 2020 Freedom Coins?
In order to open a Precious Metals IRA account, you will have to start with a purchase of at least $5,000 in silver, gold, or other precious metals. Once you have done this, you can add additional precious metals in increments of at least $1,000.
For coins to be included in an IRA account, they have to pass two different tests with the Internal Revenue Service. The IRS' standards center on a minimum level of silver (and gold) purity and a low collector element and premium. They require a silver purity of .999 fineness and a gold purity of 24 karats (.995 fineness). The Trump 2020 Coins do meet these purity standards. Yet they do not pass the IRS' collector factor test as they are sold with high premiums over spot silver and gold prices.
Because the Trump 2020 Freedom coins are considered to be collectible by the IRS, they can not be inventoried in precious metals IRA accounts. Despite the fact that the government will not allow them to be held in IRAs, you may buy them for other types of investment and retirement accounts. Although some Trump coin 2020 reviews (whether in gold or silver) allege that you can hold these coins in an IRA or self-directed 401(k). Any and all precious metals holdings within a tax-advantaged retirement account must be held by an IRA-approved third-party and cannot be deemed a collectible item.
Trump Gold Coin + Trump Coin 2020 Silver FAQs
Both the gold and silver variants of the Trump 2020 coin are 38 mm in diameter, or 1.5 inches. Therefore, they're about twice the diameter of a standard U.S. quarter (19 mm).
The silver and gold Trump 2020 coins weigh one troy ounce, or about 5 times the weight of a regular U.S. quarter (5.7 grams).
Not necessarily. In the early days of the Trump 2020 coin, when it was sold via the White House Gift Shop, some proceeds were donated to the Trump 2020 re-election campaign. However, the election has now transpired. Therefore, none of the proceeds of the Trump 2020 gold coin or silver coin support Donald J. Trump directly. These coins are collectible investments and not political tools.
Like any financial investment, there's no telling whether the value of the asset will rise. However, the price of gold and silver have historically trended upward and some collectible coins (such as the 1933 Double Eagle) have multiplied in value many times over since their original minting.
No, all Trump 2020 coins (both gold and silver) are bought and sold on the aftermarket. These were originally produced during the run-up of the 2020 U.S. presidential election, and therefore were only temporarily minted.
Out of the several vendors carrying the Trump 2020 gold coin, the hands-down best value is offered by Noble Gold. A Trump coin 2020 from Noble Gold is available at market-low prices and is backed by one of the most reputable names in the precious metals industry.
Yes, the Donald Trump 2020 coins were originally produced by the White House Gift Shop and are now sold in the precious metals aftermarket. They are genuine gold and silver coins that are sought after as politically-themed investments.
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Trump Coin 2020 Review Summary
The Trump Freedom coin is an interesting way to invest in precious metals while celebrating the achievements of President Donald Trump. It should not be confused with a bullion coin though. As a collectible coin, it has considerable markup over the spot prices of silver and gold. This means that it can not be included in precious metals IRAs.