Martin Van Buren's Liberty First Spouse gold coin and a bronze medal replica are now available from the United States Mint. The 1/2-ounce gold proof and uncirculated versions are priced at $549.95 and $524.95, respectively. Both have a face value of $10, are composed of 24-karat gold, and have an overall mintage limit of 40,000.
A bronze medal bearing the likeness of Van Buren's Liberty coin is also available for $3.50.
Dubbed "The Red Fox of Kinderhook" for his red hair, political acumen and birthplace in New York, Martin Van Buren was the eighth President of the United States. America was prosperous when Van Buren took office, but less than three months later the panic of 1837 occurred and was quickly followed by a five-year depression. Van Buren was voted out of office, making him the third president to serve only one term.
Jackson Liberty First Spouse gold coins will be available from the United States Mint on Thursday, August 28. The 1/2-ounce proof and uncirculated versions are priced at $619.95 and $599.95, respectively. Both versions have a face value of $10, are composed of 24-karat gold, and have a total mintage of 40,000.
The current prices are the same as the Louisa Adams and Elizabeth Monroe spouse gold coins, even though gold has come down in price recently. (See live spot bullion prices.) Ironically, the 2007 Dolley Madison proof and uncirculated versions are still available and priced at $529.95 and $509.95, respectively.
The 2008 First Spouse gold coins and bronze medal honoring Elizabeth Monroe are now on sale by the United States Mint. The Monroe gold coins are the first for 2008 and fifth in the First Spouse Gold Coin Series - a series that started off blazing hot.
The first three spousal coins were on fire and sold out within hours of their release. Secondary markets through eBay and the likes could not hold enough of the coins and their resell values were through the roof.
The market for spousal coins started teetering before the Dolley Madison gold coins were released. The Elizabeth Monroe coins are attractive collector coins and it will be interesting to see how, if at all, the market for the series will change with their release. As of late, volatile gold prices throws in an extra air of unpredictability.