US Treasury issues USD1 coin with Trump’s face on it

On Wednesday, the US Treasury released USD 1 coins bearing the likeness of President Donald Trump, according to Business Recorder. The release commemorates the nation's 250th founding anniversary, a milestone being celebrated this year. The US Mint has since confirmed they will circulate, giving them monetary value.

A roll of 25 of the coins was offered at USD 61, a 144 percent markup, and a bag of 100 at USD 154.50. When the plan was first announced, it was unclear whether the coins would be spendable or purely keepsakes. The move conflicts with federal law, which prohibits any living president from appearing on US currency.

Business Recorder placed the coin within a wider drive by Trump to reshape national institutions in his second term. Among the other moves listed were attaching his name to the Kennedy Center for the Arts and tearing down the White House East Wing to make way for a ballroom. The report adds that these steps have gone against precedent and faced legal challenges.