Available for purchase today directly from the United States Mint is the Chester A. Arthur Presidential Silver Medal. This collectible went on sale at noon EDT, offering enthusiasts a unique addition to their collections, though its $90 price tag may deter some buyers. Adding to its appeal, the medal does contains 1 ounce of .999 fine silver.
Chester A. Arthur was born in Fairfield, Vermont, on October 5, 1829. He attended several schools and was admitted to the New York Bar in 1854. One of his most notable cases led to the desegregation of the New York City streetcar lines. At the start of the American Civil War, Arthur received a patronage appointment to the governor’s military staff. Due to his efficiency, he quickly rose to become the quartermaster general of the state militia, a position he held until a newly elected governor ended his appointment.
Arthur continued to practice law and delved deeper into politics, eventually winning the office of Vice President of the United States on James A. Garfield’s ticket. Garfield was shot less than four months after taking office and eventually died two months later, resulting in Chester A. Arthur becoming the 21st President.
As President, Arthur is remembered for modernizing the U.S. Navy, transforming it from wood-and-canvas warships to more modern steel vessels with steam propulsion. He also signed the Pendleton Civil Service Reform Act of 1883, which mandated that most federal government positions be awarded based on merit instead of political patronage.
Poor health resulted in Arthur’s limited interest in re-election in 1884, after which he retired, dying a year and a half after leaving office.
U.S. Mint Presidential Medal Programs
Presidential medals, produced by the U.S. Mint, have a longstanding history tracing back to the inception of the nation, often bestowed as "Peace Medals" upon Native Americans. Modern Presidential silver medals made their debut in 2018 and have since been released with the following associated sales:
- George Washington – 35,662
- John Adams – 23,8237
- Thomas Jefferson – 24,543
- James Madison – 17,075
- James Monroe – 15,431
- John Quincy Adams – 14,967
- Andrew Jackson – 16,825
- Martin Van Buren – 13,890
- William Henry Harrison – 13,755
- John Tyler – 13,793
- James K. Polk – 13,408
- Zachary Taylor – 13,165
- Millard Fillmore – 12,774
- Franklin Pierce – 12,663
- James Buchanan – 12,436
- Abraham Lincoln – 19,319
- Andrew Johnson – 12,627
- Ulysses S. Grant – 13,600
- Rutherford B. Hayes – 11,599
- James A. Garfield – 11,329
The Rutherford B. Hayes Presidential Silver Medal debuted on February 13th of this year, followed by the James Garfield medal on April 30th. The Grover Cleveland Presidential Silver Medal is scheduled to be released on October 2nd.
Medal Designs and Specifications
The obverse (heads) of the medal features a bust of the president, with "CHESTER" inscribed to the left and "A. ARTHUR" to the right. The reverse (tails) of the medal displays a laurel wreath along with the inscriptions "PRESIDENT OF THE UNITED STATES" and "INAUGURATED SEPTEMBER 20 1881." Sculptor Charles E. Barber, the U.S. Mint’s sixth Chief Engraver, created these designs.
Presidential silver medals have a matte finish, which gives them an appearance similar to that of an uncirculated coin. Additional medal specifications are as follows:
Denomination: | N/A |
---|---|
Finish: | Matte |
Composition: | 99.9% Silver |
Weight: | 1.000 troy oz. |
Diameter: | 1.598 in. |
Edge: | Plain |
Mint and Mint Mark: | N/A |
Privy Mark: | None |
Ordering and Price
The Chester A. Arthur Presidential Silver Medal is available from the U.S. Mint’s catalog for silver medals, without any mintage or household order limits. As mentioned, the price is $90, reflecting a $15 increase from earlier medals, which are now also priced at $90 following recent U.S. Mint pricing adjustments.
$90/oz Ag… what a joke – especially for a medal!
Give me good old fashioned “junk” silver coins all day long.
That silver quarter still buys a gallon of gas just like it did when I started driving back in the 1960s
Finally, my favorite President!
lol.
SteelyEyed,
And everybody’s! Who else could it possibly be?
This one is a must buy! You will forever memorialise the movie Die Hard With A Vengeance. They will go crazy for this one in the secondary market..Lol.
Craig,
Forgive my lack of awareness regarding some popular culture themes but I have to confess I don’t have a clue as to what that comment refers to. Help!
I received an email from the mint about the LA mayor bass giving the Paris mayor a silver medallion made by the mint as a gesture of picking up the Olympics in 2028. Apparently the mint will make some duplicates of that medal. Anyone seen this medal on line?
Perhaps it will be a commemorative offering in 2028? If the Mint does do the LA Olympics, I’m hoping it will not be as crazy (with the number of product offerings) as was the 1995/96 Atlanta commemorative coins.
Those Atlanta Olympic coins were accompanied by the best packaging ever. That locked cherry wood box was beautiful.
REB,
Yes, but was it a Mike “Sold Out/Limited Edition” Mezack RED OAK BOX?
Kaiser, you have to upgrade your Magic Mike pics. He now has silver (Ag) hair and wears glasses. I’ve often wondered what one does with the Red Oak Box’s..do you stack them with the coin in a closet or do you display them throughout your home? I just can’t imagine walking into someone’s living room and finding dozens of Red Oak Boxes displayed everywhere! Makes you wonder why environmental activists haven’t targeted him for destroying all those Oak trees to make millions of boxes for coin collectors.
Craig,
Thanks for the Magic Mike image update advisory; much appreciated. I think my issue is that I want to think of America’s Individual #1 Coin Salesman as being still and forever young.
Kaiser, that’s a good and valid point. Magic Mike keeps saying he won’t be selling coins when the mint changes the design on the next ASE, but I wouldn’t bet on it! He’s like the energiser bunny.
Craig,
And thanks right back atcha, as they say, for yet another excellent point. Much as we might have a tendency to regularly malign Magic Mike, I will be the first to admit that whether for good or bad this clearly clever man has somehow managed in his own way to do more than his part toward helping to spread the very concept of coin collecting among the curious masses.
East Coast Guru,
According to the US Mint, duplicates of the medal will be given to dignitaries only.
Perhaps those athletes who swam in the Seine deserve one.
REB,
Those, I regret to say, will be sent to their next of kin.
LOL.
REB,
Which gives me an idea. The release of a bilingual two nation coin set with the Paris Mint to memorialize the 2024 Summer Olympics “Victims of the Seine”. The coins will naturally include lenticular colorization portraying brownish river waves.
How about “Insane in the Seine”?
How much are they going to charge them an ounce? lol They will just raise the prices for their regular buyers to cover the expenses.