Martin Van Buren 1 Dollar Gold Coin Value
Introduction
Martin Van Buren was the eighth President of the United States and served from 1837 to 1841. He was also the first President who was not of British descent, as he was of Dutch ancestry. In 2008, the United States Mint released a commemorative gold coin featuring Martin Van Buren. This article will explore the value of the Martin Van Buren 1 dollar gold coin.
History of the Martin Van Buren 1 Dollar Gold Coin
The Martin Van Buren 1 dollar gold coin was released in 2008 as part of the Presidential $1 Coin Program. The program was initiated by the United States Mint to honor the former Presidents of the United States. The Martin Van Buren coin was the eighth coin in the series and was released on November 13, 2008.
Design of the Martin Van Buren 1 Dollar Gold Coin
The Martin Van Buren 1 dollar gold coin features a portrait of Martin Van Buren on the obverse side. The portrait was designed by Joel Iskowitz and sculpted by Phebe Hemphill. The reverse side of the coin features an image of the Statue of Liberty designed by Don Everhart.
Martin Van Buren 1 Dollar Gold Coin Value
The value of the Martin Van Buren 1 dollar gold coin varies depending on the condition of the coin and the current market price of gold. As of 2021, the average value of the Martin Van Buren 1 dollar gold coin is around $400 to $500. However, if the coin is in excellent condition or has a unique historical significance, its value can be significantly higher.
Factors That Affect the Value of the Martin Van Buren 1 Dollar Gold Coin
Several factors can affect the value of the Martin Van Buren 1 dollar gold coin. These include:
- Condition of the coin: The better the condition of the coin, the higher its value.
- Rarity of the coin: If the coin is rare or has a low mintage, it can increase its value.
- Historical significance: If the coin has a unique historical significance or was owned by someone famous, it can increase its value.
- Market demand: The current market demand for the coin can also affect its value.
Where to Sell the Martin Van Buren 1 Dollar Gold Coin
If you have a Martin Van Buren 1 dollar gold coin and want to sell it, there are several options available. You can sell it to a coin dealer, a coin auction house, or through online marketplaces such as eBay or Amazon. It is recommended to research the current market value of the coin before selling it to ensure that you get a fair price.
Conclusion
The Martin Van Buren 1 dollar gold coin is a valuable and historic piece of currency. Its value can vary depending on several factors, including its condition, rarity, and historical significance. If you own a Martin Van Buren 1 dollar gold coin, it is essential to research its value before selling it to ensure that you get a fair price.