Federal law also prohibits illegal immigration.......But I won't say: "what's your point?"
This is going back to having a coin with Trump on it.
Commemorative coin for 250th anniversary looks to be alright now
The claim that U.S. law prohibits living people on coins is largely true for general circulation currency, based on an 1866 law, but there are exceptions for special commemorative coins, as shown in a recent Reuters article and CNN article.
While the 1866 law explicitly bans living people on paper money, it does not mention coins, and a separate, older law applies specifically to the Presidential Dollar Coin Program. Therefore, the Treasury has the authority to issue collectible coins with living people under specific circumstances.
The law and its exceptions
1866 Law: Congress passed a law in 1866 that prohibits living people from appearing on U.S. paper currency (bonds, securities, notes, and fractional currency). This was a response to the chief of the Bureau of Engraving and Printing putting his own likeness on a note.
Coins: The 1866 law does not apply to coins, as it was not mentioned in the legislation.
Presidential $1 Coins: An older law, first passed in 1792 and amended over time, has a specific provision for the Presidential $1 Coin Program that prohibits depicting a living current or former president.
Commemorative Coins: Despite the rules above, the Treasury has the authority to issue collectible coins for special occasions, such as the nation's 250th birthday, and a recent law, the Circulating Collectible Coin Redesign Act of 2020, allows a living person to be featured on these special coins.
Examples
Calvin Coolidge was the only living president to ever be featured on a U.S. coin, but this occurred in 1926 and was authorized under a specific law that has since been repealed.
The U.S. Treasury has recently proposed a $1 coin featuring Donald Trump to celebrate the nation's 250th anniversary, a move that falls under the exceptions of the 1866 law.
Home
Chat
Login
Register