Coin newly minted for revered figure (4)
I believe the answer is:
icon
'revered figure' is the definition.
(an icon is a celebrated figure)
'coin newly minted' is the wordplay.
'newly minted' is an anagram indicator (mint can mean to forge or create in a factory).
'coin' anagrammed gives 'ICON'.
'for' acts as a link.
(Other definitions for icon that I've seen before include "Religious work" , "Holy painting" , "work of art" , "Religious picture on a wooden panel" , "Image or statue, or symbol on computer screen" .)