Who was Martin van Buren?
This article will highlight the Martin van Buren dollar coin value. Martin Van Buren was the first president born an American and not of British ancestry. He was also the first president of New York.
His interest in politics began to take hold in his father’s bar, where notable politicians such as Alexander Hamilton and Aaron Burr would stop by while on the road. He was from a Dutch community in Kinderhook, New York.
What is the Martin van Buren Dollar Coin Value Currently?
You may wonder what is the Martin van Buren coin value. In circulated condition, the 2008 Martin Van Buren dollar coins are only worth their face value of around $1.00. The only state under which you can purchase these coins is under uncirculation.
In uncirculated form with an MS 65 grade, the 2008 P Martin Van Buren coin and 2008 D Martin Van Buren coin 1837 value is around $3.75. In PR 65 condition, the 2008 S-proof Martin Van Buren dollars value coin is about $4.
Is the Coin Rare or Valuable?
The golden presidential dollars coins from Martin Van Buren are neither rare nor expensive. Uncirculated versions of these coins can, nevertheless, command a premium. To find out more about these coins, continue reading.
The 8th president of the United States of America was Martin Van Buren. The Martin van Buren coin from 1837 to 1841 indicates his term in government.
Coin Specifications
Type: Presidential dollar
Year: 2008
Face value: $1.00
Composition: 88.5% copper, 6% zinc, 3.5% manganese, 2% nickel
Edge: Lettered
Composition: 88.5% copper, 6% zinc, 3.5% manganese, 2% nickel
Philadelphia: 51,520,000
Denver: 50,960,000
San Francisco (Proof): 3,083,940
The 2008 P Martin Van Buren dollar coin, 2008 D Martin Van Buren dollar coin, and 2008 S proof Martin Van Buren dollar coin were all struck by the United States. The mint mark is visible on the coin’s edge.
Proof coins are coins with more information on them. They are gold coins with presidents and require more time to produce since they mint on special planchets. You won’t find any because they made them with collectors in mind; they are outside your spare change.
The Coin’s Background
In November 2008, the Martin Van Buren Presidential Dollar (Buy on eBay) became a legal tender. This one was the 8th coin in the Presidential Dollars series and the last release in 2008.
Martin Van Buren presided over two significant firsts. He was the first president born an American citizen and the first president from New York. He held the positions of governor, senator, secretary of state, and vice president. Between 1837 and 1841, Van Buren was the 8th President of the United States.
At the Martin Van Buren National Historic Site in Kinderhook, New York, a formal launching ceremony for the Martin Van Buren dollar coins was on December 5, 2008. Mayor Bill Van Alstyne, coin designer Joel Iskowitz, and the United States Mint Deputy Director Andrew Brunhart were also there.
Attendees got permission to trade the newly released coin after witnessing a ceremonial pour: Joel Iskowitz and Phebe Hemphill’s sculpture of President Van Buren on the obverse. Don Everhart depicts the Statue of Liberty on the coin’s reverse. Every Presidential Dollar’s reverse has this pattern.
The dates and mint mark, along with the mottos “In God We Trust” and “E Pluribus Unum,” are inscriptions on the Martin van Buren 1 coin’s edge.
The obverse of the coin bears the inscriptions “Martin Van Buren,” “8th President,” and the years of his presidential term “1837 to 1841.” The reverse bears the notes “United States of America” and the denomination “$1.”
The phrase “In God, We Trust” appeared on the 1 dollar president coins edge for the last time in this series. The obverse was an addition the following year. With the introduction of the Martin Van Buren Presidential Dollar, series mintage numbers started to drop once more. The Philadelphia and Denver Mints produced just over 100 million coins for general use.
The United States Mint has unique versions of the coins for collectors in addition to the circulation strikes. The San Francisco Mint produced proof copies of them, and the Philadelphia and Denver Mints produced satin finish variants. These coins were a part of numismatic items and annual coin sets.
The Coin Artist’s Information
Martin Van Buren was the first president born an American and not of British ancestry. He was also the first president of New York. His interest in politics began to take hold in his father’s bar, where notable politicians such as Alexander Hamilton and Aaron Burr would stop by while on the road.
Before becoming Andrew Jackson’s secretary of state, he held the offices of governor of New York and member of the US Senate. During Jackson’s second term, he served as vice president. He easily won the 1837 presidential election.
As president, Van Buren developed an independent federal treasury system to replace state banks’ management of federal funds and successfully avoided war by amicably resolving disagreements with Great Britain. He was in government for a long time, but a severe economic crisis lasted, and in 1841 he failed to win reelection.
Phebe Hemphill, a recent graduate of the Pennsylvania Academy of the Fine Arts, trained with sculptor Evangelos Frudakis in Philadelphia for three years. She started working in the Franklin Mint’s sculpture division in 1987, and during the following 15 years, she worked on numerous projects for the department of porcelain and medals.
Hemphill demonstrated her artistic abilities while working as a freelance sculptor for numerous businesses that made dolls, toys, medallions, sculptures, and garden ornaments. She worked for McFarlane Toys in Bloomingdale, New Jersey, for three years as a staff sculptor before joining the United States Mint’s team of medallic artists in 2006.
The National Sculpture Society, American Medallic Sculpture Association, West Chester University, and the F.A.N. Gallery in Philadelphia have displayed Hemphill’s outstanding sculptures. The National Sculpture Society awarded Hemphill the Alex J. Ettel Grant in 2000 and the Franklin Mint’s Renaissance Sculpture Award in 2001.
Artist Information
Sculptor: Phebe Hemphill,
Medallic artist: Phebe Hemphill
Designer: Joel Iskowitz
A Final Word
This article has been an eye-opener on the Martin van Buren dollar coin. You now have all the essential information regarding the Martin Van Buren 1-dollar gold coin value. Its origin, value, and much more. Read our article and find out The Best Way To Clean Old Coins.