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International Business Times UK
International Business Times UK
Penuel Joseph Ares

Donald Trump Gold Coins Controversy: Social Media Users Criticise US Mint Pricing as a 'Scam'

Donald Trump United States US Mint the US Mint
The United States Mint has ignited a fierce public backlash after releasing a new gold-coloured $1 coin featuring President Donald Trump at a significant markup above face value (Credit: Tony Rich/Flickr)

The US Mint has sparked a storm of criticism by selling a gold-coloured $1 coin featuring Donald Trump for more than 1.5 times its face value, with social media users allegedly branding the official product a 'scam'.

Orders for the coin opened at noon Eastern time on Wednesday 2 September, with the US Mint selling the collector product directly to the public in two formats: 100-coin bags priced at $154.50 and 25-coin rolls at $61. The coin will not enter everyday circulation.

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