“Trump Dollar” ran out within a few hours of being put on sale.. What’s the news? | CNN Arabic | CNN
(CNN)– New commemorative one-dollar coins featuring US President Donald Trump appeared to be out of stock hours after the US Mint put them up for sale on Wednesday..
One side of the gold coin features an official portrait of Trump, with the phrase, “In God we trust” And the word “freedom”. The other side has the presidential seal and the number “250” to commemorate the 250th anniversary of the founding of the United States..
According to the Mint, a roll of 25 coins costs $61, and a bag of 100 coins with Trump’s image sells for $154.50..
The 25-coin bag showed up on the house’s website after 3 hours, while the 100-coin bag was listed as unavailable..
The network continued CNN Contact the Ministry of Treasury to find out the availability of currencies and the number of requests received.
After 12:30 p.m., visitors to the Mint’s website were placed in a wait that was expected to last an hour.
A maximum of two purchases per family was imposed until 2pm on Thursday, with visitors warned they had just 10 minutes to complete their purchase. The website also included a warning stating that “product availability is not guaranteed.”“.
“These coins are also in general circulation, so check your coins,” the mint said in announcing the sale on social media.“.
The house described the coin as a “special offering,” saying: “250,000 one-dollar coins featuring President Donald J. Trump — commemorating the 250th anniversary — were randomly inserted into rolls and bags. The coins were struck that day.”“.
A portion of the added value of commemorative coin purchases goes to “support organizations and projects that benefit the community,” according to the mint’s website.
and communication CNN Contact the Treasury Department for information on who will receive additional income in this currency.
U.S. law prohibits coinage from featuring a sitting president or a living former president, but in preparation for the 250th anniversary of the United States, Congress passed the “Collectible and Circulating Coinage Redesign Act,” which allows the Treasury Department to mint special one-dollar coins to commemorate the occasion..
The law also states that “no representation of the head and shoulders or bust of a person, living or dead, may be included in the reverse design of certain coins.”
Since Trump’s image appears on the front of the coin, not the reverse, it appears to be in compliance with the law..
Mint records indicate that the only other time a living president appeared on a coin was in 1926, when Calvin Coolidge’s image was placed on the half dollar coin to commemorate the 150th anniversary of the signing of the Declaration of Independence..