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81
🪙As America commemorates 250 years of independence, the USmint will begin striking this new $1 GOLD COIN to honor the enduring legacy of liberty and a lasting symbol of patriotism. Featuring President Trump, it celebrates the strength of American values... (twitter.com)
posted 11 hours ago by GDZeus 11 hours ago by GDZeus +81 / -0
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▲ 8 ▼
– Archon69 8 points 11 hours ago +8 / -0

What is its weight?

Mr. Bessent, please explain how a gold Eagle has a $50 face value but is worth nearly 100x that.

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▲ 2 ▼
– Imin-theinternet 2 points 9 hours ago +2 / -0

The printed worth is for it to be called a coin if I am not mistaken. But if your question as to why its $50 idk.

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▲ 2 ▼
– TaQo 2 points 9 hours ago +2 / -0

Yeah was just thinking about that...

It would have to be a 1/50 oz coin to be in step with current values used by the Mint.

For instance, a 1 oz coin has a face value of $50.

A 1/10 oz coin has a face value of $5

So a 1/50 oz coin would have a value of $1

Now, I don't know how that is going to shake out in terms of physical size - because:

A 1/10 oz American Gold Eagle has a diameter of 16.5 mm (0.649 inches) and a thickness of 1.19 mm.

A 1/50 oz coin would be 1/5 the size/weight of the 1/10 making it impractical (simple scaling it'd only be the diameter of the pencil eraser!) Therefor I think that in reality, this coin would be alloyed with other metals to increase the diameter to "useful size", while maintaining the full GOLD weight.

This is how 22k Gold Eagles are....Contrary to popular belief, even though the coin is an alloy of only about 92% gold, There's STILL a FULL 1 oz of actual pure gold in the coin - So buying a physically smaller gold 1 oz 24k buffalo - the Eagle has the SAME 1 oz of gold in it - but it's also alloyed with silver and copper to make it tougher & less resistance to damage.

I'd imagine they'd add a higher proportion of silver and copper to the EXACT 1/50 oz of gold in each coin to increase the physical dimensions. But we'll have to see what the Mint decides in this regard.

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▲ 3 ▼
– GDZeus [S] 3 points 11 hours ago +3 / -0

As America commemorates 250 years of independence, the @ usmint will begin striking this new $1 gold coin to honor the enduring legacy of liberty and a lasting symbol of patriotism. Featuring President Trump, it celebrates the strength of American values, and the promise of a nation dedicated to preserving freedom for all.

https://x.com/SecScottBessent/status/2077339920461439115?s=20

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▲ 2 ▼
– AfterGlow 2 points 7 hours ago +2 / -0

How much gold in a $1 coin? Today that would be 1/4065 of an ounce. It may not be very golden.

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– Pbman2 2 points 8 hours ago +2 / -0

I'm guessing Trump is trying to push a lawsuit,to test laws or set a precedent he can use elsewhere. The tards wount let him fix a pool,but have no problem with this?

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▲ 2 ▼
– Malachi3vs16 2 points 5 hours ago +2 / -0

https://nitter.poast.org/SecScottBessent/status/2077339920461439115?s=20

nice! connects America’s 250th yr. of independence to Pres. DJT 1776-2026

they portray his face right! on at least 1 non-mint coin the designer did not do a great job


in the nitter (X) comments there’s a few losers asserting a living person cannot be depicted on coins - that limitation is for standard currency coins like quarters & does not apply to commemoratives. 31 USC section 5112(d)(2) https://www.law.cornell.edu/uscode/text/31/5112

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– Bloggerchick 2 points 5 hours ago +2 / -0

23.22 grains of pure gold = the pre-1934 dollar.

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▲ 1 ▼
– dakinnia 1 point 7 hours ago +1 / -0

X is cancer.

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– SOGWAP 1 point 9 hours ago +1 / -0

Gonna be a tiny coin for a buck. Im only paying face value. Im guessing it isnt real ORO de Ceasar

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– My2SonsAreMarines 1 point 10 hours ago +1 / -0

To replace the Sacajawea dollar for the half-year 2026? I already got my proof sets and Sacajawea is still in there.

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