WASHINGTON D.C., DC — The United States Treasury Department confirmed Friday that draft images of a $1 coin featuring President Donald Trump’s likeness are authentic and are being considered for minting next year.

According to U.S. Treasurer Brandon Beach, the coin’s design, which is intended to commemorate the 250th anniversary of the signing of the Declaration of Independence, is currently in its “first draft” stage.

“These first drafts honoring America’s 250th Birthday and (Trump) are real,” he wrote on social media.

The draft features a side profile of Trump alongside the inscriptions “in God we trust,” “liberty,” and “1776-2026” on the obverse. The reverse includes an image of Trump standing before a flowing American flag with his fist raised. The words “Fight, Fight, Fight” curve over the top, with “United States of America” and “E Pluribus Unum” adorning the bottom. The Latin phrase “E Pluribus Unum,” often seen on the Great Seal, translates to “Out of many, one.”

Beach added he’s looking forward to sharing more about the plans once the government shutdown is over. 

A Treasury Department spokesperson informed Politico that the draft “embodies the enduring spirit of our nation and democracy, even amidst significant challenges.”

The Circulating Collectible Coin Redesign Act of 2020, which was approved unanimously by both chambers of Congress with only minor amendments, included plans for creating a commemorative coin for the 250th anniversary.

The act permits the Treasury to issue quarters starting on Jan. 1, 2026, with “up to five different designs emblematic of the U.S. semiquincentennial.” It mandates that the designs highlight women’s contributions to the nation’s founding, Native Americans, and other historical elements.

The bill also states the Treasury can “mint for issuance during the one-year period beginning January 1, 2026, $1 dollar coins with designs emblematic of the U.S. semiquincentennial” along with the quarter celebratory coins. 

NBC News reports the coin, if it wounds up being minted, would be legal currency and act as a dollar.