Trump Has a New Fundraising Grift
Donald Trump has cooked up another get-rich-quick scheme, and this time it’s at more than a 210 percent markup.The Republican presidential nominee’s latest grift centers on selling silver coins, smartly promoted as “Trump Coins,” that feature images of the White House, Trump’s signature, and of course, Trump’s face.The one troy ounce medallions, which went on sale Wednesday morning, are marked at $100 a pop before shipping—more than three times the price of a spot of silver at the time of publication, according to APMEX.The website, RealTrumpCoins.com, lists an “investment disclaimer” on the tokens, warning that they’re intended as “collectible items for individual enjoyment only, and not for investment purposes.” “The coins are not political and have nothing to do with any political campaign,” the website reads, despite the fact that the website’s biography on X describes the company as an “official partner of the Trump Organization.”The project is just the latest in a long series of Trumpian hustles this year, which have so far included launching a remarkably ugly sneaker and selling NFT trading cards of himself dressed in superhero costumes and astronaut suits. He also made some quick cash on a limited-edition, $60 God Bless the USA Bible co-promoted by “God Bless the USA” singer Lee Greenwood; took the parent company of his social media platform Truth Social public; and stamped his name on a new cryptocurrency platform headed by his two sons, Eric and Don Jr., which even Trump’s allies have criticized as a “huge mistake.”
Donald Trump has cooked up another get-rich-quick scheme, and this time it’s at more than a 210 percent markup.
The Republican presidential nominee’s latest grift centers on selling silver coins, smartly promoted as “Trump Coins,” that feature images of the White House, Trump’s signature, and of course, Trump’s face.
The one troy ounce medallions, which went on sale Wednesday morning, are marked at $100 a pop before shipping—more than three times the price of a spot of silver at the time of publication, according to APMEX.
The website, RealTrumpCoins.com, lists an “investment disclaimer” on the tokens, warning that they’re intended as “collectible items for individual enjoyment only, and not for investment purposes.”
“The coins are not political and have nothing to do with any political campaign,” the website reads, despite the fact that the website’s biography on X describes the company as an “official partner of the Trump Organization.”
The project is just the latest in a long series of Trumpian hustles this year, which have so far included launching a remarkably ugly sneaker and selling NFT trading cards of himself dressed in superhero costumes and astronaut suits. He also made some quick cash on a limited-edition, $60 God Bless the USA Bible co-promoted by “God Bless the USA” singer Lee Greenwood; took the parent company of his social media platform Truth Social public; and stamped his name on a new cryptocurrency platform headed by his two sons, Eric and Don Jr., which even Trump’s allies have criticized as a “huge mistake.”
