Jump to: Who is Paul Hollis? | Why this nomination matters | Why Collectors Should be Excited | A Role of National Reach | What comes next?
The United States Mint is poised to enter a new era under the leadership of Paul Hollis, a lifelong numismatist, coin dealer, former Louisiana state legislator, and author.
Nominated on July 17, 2025, by President Donald J. Trump, Hollis is set to take on a five-year term—pending Senate confirmation—that could mark a significant shift in how the U.S. Mint engages with collectors.
At a time when coinage policy, mint strategies, and public interest in precious metals are under renewed scrutiny, Hollis brings something rare to the Director’s chair: deep, first-hand knowledge of coin collecting. And that could make all the difference.
Who Is Paul Hollis?
Paul Hollis
Hollis began collecting coins at age six after receiving a Peace Dollar, a moment he credits with launching his lifelong fascination with American coinage. Since then, he has spent over four decades immersed in the numismatic world, founding Paul Hollis Rare Coins in 2003, building a reputation as a trusted dealer, and working with major firms such as Blanchard & Co.
His book American Numismatist earned the title “U.S. Coin Book of the Year” from the Numismatic Literary Guild, highlighting his dedication not just to the market, but also to educating and inspiring other collectors.
In addition to his numismatic credentials, Hollis served in the Louisiana House of Representatives from 2012 to 2024, and currently sits on the state’s Board of Elementary and Secondary Education.
Why This Nomination Matters
Philadelphia Mint
For too long, the coin-collecting community has felt a disconnect between the U.S. Mint and its most loyal supporters. While previous directors have brought valuable expertise in finance, administration, and public service, Paul Hollis brings a distinct perspective as a lifelong numismatist—someone who understands the collecting experience from the inside out.
His nomination signals an opportunity to more closely align Mint policy with the passion and priorities of the collector community.
Here’s why coin collectors should be excited:
1. He Speaks the Language of Collectors
Hollis isn't just familiar with coin design; he understands the emotional and historical significance collectors attach to each piece. He has spent years listening to what excites and frustrates buyers, which gives him a nuanced understanding of:
- What makes commemorative coins successful;
- Why mintage limits matter;
- How design quality impacts long-term value.
2. Real Market Experience
Running his own rare coin dealership, Hollis has seen first hand how collectors and investors react to new releases, premium pricing, and shifts in the US Mint policy. He knows what works and what doesn't.
This kind of practical insight is invaluable as the US Mint prepares for the U.S. Semiquincentennial, “America250”, in 2026, when demand for meaningful, well-executed commemoratives is expected to surge.
3. He’s Not Afraid to Make Tough Calls
Hollis has voiced support for eliminating the penny, noting that it costs more to produce than it’s worth. While a controversial stance in some circles, it shows he’s willing to rethink outdated systems, a quality that could lead to smart reforms across the Mint’s operations.
4. He Could Bridge the Gap Between the Mint and the Hobby
Collectors have long hoped for a Mint Director who would listen to the community, advocate for better releases, and champion the cultural importance of U.S. coinage.
With Hollis, there’s real potential to:
- Improve transparency in product scheduling
- Foster designs that reflect national values and aesthetics
- Reinforce the Mint’s connection to both hobbyists and investors
A Role with National Reach
The position of Director of the United States Mint is far more than symbolic. It’s one of the most critical leadership roles in the federal government’s financial and cultural infrastructure.
If confirmed, Paul Hollis will oversee operations at all U.S. Mint facilities, including:
- Philadelphia – home to the Mint’s largest coin production operation;
- Denver – known for circulating coinage and coin dies;
- San Francisco – focused on proof and collector coins;
- West Point – famed for producing American Eagle bullion coins and housing precious metals;
- The United States Bullion Depository at Fort Knox – a secure site that holds a significant portion of the nation’s official gold reserves;
As Director, Hollis will be responsible not only for coin programs, but also for the stewardship of the country's most closely guarded monetary assets.
Fort Knox Bullion Depository
He’ll also lead a workforce of approximately 1,600 employees, according to the most recent figures. That includes engineers, designers, metallurgists, technicians, security professionals, and administrative staff—each playing a vital role in shaping the nation’s circulating and commemorative coinage.
It’s a job that blends operational oversight, artistic vision, economic insight, and historical responsibility—a rare combination of duties that makes Hollis’s background all the more relevant.
What Comes Next?
Pending Senate confirmation, Hollis will assume leadership of the U.S. Mint at a critical moment. The coin market is evolving rapidly. Gold and silver bullion remain strong in uncertain economic times. And the American public will soon turn its eyes to 2026, the 250th anniversary of American independence, a once-in-a-generation opportunity to revitalize interest in rare coins.
The hope among many in the numismatic world is clear: Paul Hollis might just be the right person at the right time.
Final Thoughts
At SD Bullion, we believe in the value of sound money, historical legacy, and tangible wealth. And few symbols capture all three like well-made, thoughtfully issued coins.
We’ll be watching closely to see how Paul Hollis shapes the US Mint’s future, and we’re hopeful that his background as a collector, author, and dealer will make him a true ally to those who care most about the integrity of U.S. coinage.
