1 Trillion Dollars - Trial Pattern

Reverse

Columbia Liberty with sheathed sword in right hand and Union Shield in left hand

Script: Latin

Lettering:
LIBERTY
1N GOD WE TRUST
2013 G

Edge

Plain

Comment

One Trillion-Dollar Trial Coin
Is it possible that a single coin could be the solution to America's debt crisis?

Following the Great Recession of 2008, the economy was in dire straits. Housing foreclosures had reachedrecord levels, and for the first time in history, the United States credit rating dropped from AAA, the highest attainable, to AA+. The national debt was becoming a real crisis, and economists were looking for creative solutions to help stop the economy's decline.

In 2011, the government introduced the concept of minting a one trillion dollar platinum coin to increase the country's borrowing limit. This would be legal because while there are restrictions in place to prevent the U.S. Mint from printing unlimited paper currency, there are none to prevent them from striking coins in any quantity and value.

With the special authorization to mint a one trillion dollar platinum coin, the U.S. Treasury would have the power to create one-trillion dollars of tradeable currencywithout needing paper currency to back the value. Had this coin been approved, it would have been the largest denomination of currency of any type ever issued by any government, ever before in history.

The idea gained traction. During 2012, the trillion-dollar platinum coin became a mainstream talking point when commentators discussed solutions for ending the debt crisis. However, just as the country started to become familiar with the concept, the Federal Reserve and U.S. Treasury Department decided not to proceed with production.

Price

Date	Mintage	VG	F	VF	XF	AU	UNC
2013	9999	-	-	-	-	-	-

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Trillion Dollars - Trial Pattern 2013 item.