ToplineTreasury Secretary Scott Bessent on Wednesday unveiled the first images of a $1 gold coin featuring President Donald Trump’s face, weeks after he revealed a new $250 bill with the president’s face, despite U.S. law prohibiting living people from appearing on currency.Treasury Secretary Scott Bessent showed off the designs for a $1 Semiquincentennial coin featuring President Donald Trump's face.AFP via Getty ImagesKey FactsIn a post on X, Bessent showed the gold coin featuring Trump’s face on one side along with the text, “In God we trust,” and “Liberty 1776-2026.”In the post, Bessent said the U.S. Mint will begin striking this new $1 gold coin to “honor the enduring legacy of liberty and a lasting symbol of patriotism.”Bessent added the coin intends to commemorate 250 years of America’s independence and celebrate “American values.”The design appears to match one of the proposed Semiquincentennial designs shown by the U.S. Mint earlier this year, rather than the 24-karat commemorative coin approved by the Federal Commission of Fine Arts in March.Federal law prevents a living person’s face from appearing on U.S. currency, but the Trump administration has argued this particular coin circumvents that ban, based on a 2020 law allowing designs commemorating the country's 250th anniversary.This is a developing story.