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Cryptocurrency News Articles
2008-S Martin Van Buren Presidential Dollar Proof
May 06, 2025 at 08:16 pm
By Charles Morgan and Hubert Walker for CoinWeek Notes …
The 2008-S Martin Van Buren Presidential Dollar Proof is a collector version of the Martin Van Buren Dollar coin struck at the San Francisco Mint as part of the Presidential Dollar series. Congress intended the release of these designs, honouring America’s past Presidents, to engage the American public with the nation’s history and revitalise the failing golden dollar coin program. However, by the end of the program’s second year, it was clear that the relaunched dollar coin program would fare no better than the Sacagawea Dollar, which had launched with great fanfare in 2000, only to disappear from circulation shortly afterwards.
The publicity surrounding the Presidential Dollars after the program’s launch was largely negative, focusing on a flaw in the Mint’s production process, that occasionally resulted in coins being struck without edge lettering. The conspiratorial minded claimed that the Mint had purposefully removed IN GOD WE TRUST from the new coins and labelled the coins “Godless Dollars”. These “Godless Dollars” became instant collectibles, with examples being found to exist across the series. This issue only impacted circulation strike coins, however. Due to the Mint’s stringent quality controls, the Proofs with missing edge lettering are not known to exist. Congress, embarrassed by the news coverage and public outrage, forced the Mint to move the motto to the obverse of the coins starting in 2009.
The Van Buren Dollar Proof was one of four designs released in 2008, joining dollar coins honouring James Monroe, John Quincy Adams, and Andrew Jackson.
Martin Van Buren's Complicated Legacy
The eighth president of the United States, Martin Van Buren served from 1837 to 1841. The first president to be born on U.S. soil and a native Dutch speaker, he was one of only two presidents to reach the office without military service or a college education. He was also the first to have an indoor toilet and is credited by some with inventing the modern two-party political system.
A skilled politician, Van Buren faced intense criticism due to his close ties to his predecessor, Andrew Jackson. Economic troubles stemming from Jackson’s anti-bank policies triggered a depression that persisted into the early 1840s. Van Buren also continued Jackson’s controversial Indian removal policy.
2008-S Martin Van Buren Presidential Dollar Proof Market Data and Noteworthy Specimens
NGC has certified significantly more 2008-S Martin Van Buren Presidential Dollar Proofs than PCGS. CAC, which started grading modern coins in 2023 with its encapsulation service, has graded only 13 of these coins so far.
Recent eBay sales indicate that a “perfect” Proof 70 2008-S Martin Van Buren Presidential Dollar Proof is worth less than the cost of encapsulation. For example, one sold for $2.25 on April 28, 2025, after two bids. NGC Proof 70s typically sell for around $10, while PCGS coins command slightly higher prices.
Top Population: PCGS PR70DCAM (1,377, 5/2025), NGC PF70UCAM (7,608, 5/2025), and CAC PR70DCAM (2, 5/2025).
Coin Value Price Guide
The value of a coin is related to its condition, with some coins in less than perfect condition and others in perfect condition, which can sometimes affect the price. The average price of a 2008 S Martin Van Buren Presidential Dollar Proof in Proof 70 condition is $9.99.
View prices of coins sold on eBay
Design
Obverse:
The obverse of the coin displays a left-facing portrait of Martin Van Buren, the eighth president of the United States, crafted by Joel Iskowitz and Phebe Hemphill. Above the president's name, "MARTIN VAN BUREN," is the inscription "8th PRESIDENT." Positioned below the portrait is the year of presidency, "1837-1841." The presidential portrait is framed by an outer circle that bears the motto "IN GOD WE TRUST" in uppercase letters and the edge lettering in Position A.
Common Reverse:
Don Everhart's reverse design features an ant's-eye view of the Statue of Liberty offset to the left. On the coin, Liberty occupies the bottom right quadrant of the coin, her extended elbow being the coin's center point. The design is framed by a thin inner circle, which separates the graphic design from the legend UNITED STATES OF AMERICA. Beneath Liberty's extended torch-bearing arm is the denomination $1. This is the common reverse design for all Presidential Dollar coins.
Edge:
The edge of the Presidential Dollar is lettered and features the motto E PLURIBUS UNUM, the mintmark, the year
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