Mark Cuban didn't hold back when he saw Donald Trump promoting limited-edition silver coins. In a post on X, Cuban shared Trump's promotional video for the Official Trump Coins, where the ex-president described them as a “true symbol of American greatness.” Cuban wasn't buying it. "I guess he doesn't believe in BTC quite as much as the Maxis told him to," Cuban wrote, referencing Trump's recent embrace of bitcoin.
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Cuban, a well-known tech billionaire and “Shark Tank” star, clearly thinks Trump is pushing a bad investment. “He is selling the silver coins as a collectible that could increase in value … An investment,” Cuban said, questioning whether any serious bitcoin advocate would ever suggest buying a silver coin over bitcoin.
"Would you consider a person pushing this illiquid product, rather than [Bitcoin, Etherium], real estate or other liquid assets, someone you can trust for investment advice? Or more likely a con-man?" he wrote.
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The Trump Coins, minted in the U.S. and stamped with Trump's image, are selling for $100, far above the market price of silver. Despite the official website claiming these coins aren't for investment purposes, Cuban isn't convinced. He sees it as a clear cash grab by Trump, especially as he faces mounting legal costs. “Would you tell ANYONE you know to get business or investment advice from a person selling these coins?” Cuban asked bluntly.
The Trump Coins incident has sparked a bigger debate about whether it's right to sell collectibles as investments. Silver's been a go-to for safety, but guys like Cuban and Warren Buffett aren't impressed. They'd rather see money go into something that grows, like businesses that make profits.
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The folks behind the Trump Coins say these aren't political or investment pieces, just cool collectibles. "The coins are not political and have nothing to do with any political campaign," the website reads. However, the website's biography on X says the company is an "official partner of the Trump Organization." The coins come with a certificate and a custom bag. But Cuban's not buying it. He thinks it's another way to cash in on Trump's fan base.
Cuban hasn't held back on his opinions about Trump lately, calling him “unethical” and “dishonest.” In Cuban’s eyes, this coin controversy is just more proof that Trump isn't the guy to trust with your money. He's even backing Vice President Kamala Harris, slamming Trump's tariffs as bad news for American businesses.
The bottom line? Cuban's advice is simple: Don't fall for flashy silver coins; stick to smarter investments.
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