Mark Cuban criticizes Trump's coin push: is this a scam or an investment?

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 former president described them as a “true symbol of American greatness.” Cuban didn't believe it. “Guess you don't believe in BTC as much as the Maxis told you,” Cuban wrote, referencing Trump's recent adoption of Bitcoin.

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Cuban, a well-known tech billionaire and “Shark Tank” star, clearly thinks Trump is pushing a bad investment. “You're 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 instead of bitcoin.

“Would you consider a person promoting this illiquid product, rather than [Bitcoin, Etherium]real estate or other liquid assets, someone you can trust for investment advice? Or more likely a scammer?” he wrote.

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Trump Coins, minted in the United States and stamped with Trump's image, sell for $100, well above the market price of silver. Even though the official website claims that these coins are not for investment purposes, Cuban is not 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 trading or investment advice from a person selling these coins?” -Cuban asked bluntly.

The Trump Coins incident has sparked a broader debate about whether it is okay to sell collectibles as investments. Silver has been a pick for safety, but guys like Cuban and Warren Buffett aren't impressed. They prefer that money go to something that grows, such as companies that generate profits.

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The people behind the Trump Coins say they are not political or investment pieces, just cool collectibles. “The coins are non-political and have nothing to do with any political campaign,” the website reads. However, the X website's bio says the company is an “official partner of the Trump Organization.” The coins come with a certificate and a personalized bag. But Cuban doesn't believe it. He believes it's another way to capitalize on Trump's base of supporters.

Cuban hasn't held back his opinions on Trump lately, calling him “unethical” and “dishonest.” In Cuban's eyes, this coin controversy is just more proof that Trump is not the person to trust with your money. He even endorses Vice President Kamala Harris and calls Trump's tariffs bad news for American businesses.

The final result? Cuban's advice is simple: don't be fooled by flashy silver coins; Stick to smarter investments.

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