It is said that no other woman was as distraught as Julia Grant was the day she boarded the carriage to leave the White House after her husband’s two terms in office. Known to love being the center of attention, she restored the White House to social prominence while she held the title of First Lady. Born on January 26, 1826 to a slaveholding planter and merchant by the name of Frederick Dent, and Ellen Wrenshall-Dent and would receive an excellent education. Upon return from Misses Mauros’ boarding school in St. Louis sometime in 1844, she would meet a young lieutenant by the name of Ulysses Grant, who was the guest of his West Point classmate, Julia’s brother. They were soon engaged but, family disapproval, and war would not allow them to marry until August 22, 1848.
The life of a career soldier was not easy, and in 1852 was order to tour the West; after two years away from his young family he resigned his commission. Throughout their time before the Civil War, Grant was unsuccessful in his business ventures, but when battle broke out between the North and the South Grant quickly rose in the ranks and was appointed Commander of the Army of the Potomac by President Lincoln himself. Prone to moods of uncertainty and depression, Lincoln would send for Julia to join her husband knowing that she would be a good influence, as in her presence Grant was able to focus and be on an even keel. After many years of hardship and stress, Julia was delighted when she and her family moved into the White House in 1869 and restored it to its previous grandeur. Though financial hardship ship struck the Grant’s again after his leaving office, Julia never faltered in her loyalty and love for her husband.
First Spouse Program and Design
Honoring First Ladies, their husbands and history was and is the aim of the Presidential $1 Coin Act of 2005, which enacted for the U.S. Mint to release the First Spouse Gold Coins and the Presidential $1 Coins starting in 2007. As per the legislation, each coin in the First Spouse series features a portrait of the First Lady on the Obverse, with the inscription for the years her husband was in office on the bottom, and a design emblematic of their life on the Reverse. Each coin is $10 denomination and is made of one-half ounce of 24-karat (.9999) Fine Gold. For the Julia Grant First Spouse Gold Coin, Lady Grant, who was described as plain and had crossed eyes, appears on the front of the coin; though her representation on her First Spouse Coin appears regal and refined. On the Reverse, the design emblematic of Julia’s life is when she first started courting a young lieutenant. The young couple can be seen riding together and truly shows the love and devotion that both shared for each other throughout their lives.
Fun Fact: Though not classically beautiful, Julia thrived in social situations and loved being the center of attention, but when news came that they would in fact be heading to Washington to be the center of the social and political realms, Julia tried to get her eyes corrected. She later learned that corrective surgery was not an option, and when expressing her regret to Grant was met with support and a contradiction to her belief that she was plain: Grant had said there was no need for he “liked them just as they are,” and reminded her to not correct them for “They are mine, and let me tell you, Mrs. Grant, you had better not make any experiments, as I might not like you half so well with any other eyes.” Devotion and romance practically emanates from every story of the pair.
Appreciation in Value
Released on June 23, 2011 by the United States Mint in accordance with the Presidential $1 Coin Act that brought the program to fruition, the Julia Grant First Spouse Gold Coin is a remarkable representation of the other coins in the series. While the initial price for the Julia Grant First Spouse Gold Coin was $929.00 for the Proof version of the coin and $916.00 for the Uncirculated version, they changed weekly due to the new pricing policy created by the U.S. Mint to reflect the price of gold. Prices have since increased: according The Official Redbook: A Guide Book of United States Coins 2014 the Julia Gran Gold Coin is now valued at $1,000.00 for the Uncirculated coin, and $1,025.00 for the Proof. When it comes to graded versions of the coin, which is done by companies like NGC and PCGS, the quality insured coins see even more value. As shown on the NGC website at the writing of this article (1/30/15) the price for the highest graded Uncirculated coin (MS70) is $1,250.00, and $1,025.00 for the highest graded version of the Proof (PF70).
The Julia Grant First Spouse Gold Coin certainly achieves what the program was designed for; imparting historic and intrinsic significance back into American coinage. Owning a part of the program would be a welcome addition to any collection or investor’s portfolio. If you’d like to learn more about making this beautiful coin a part of your collection, give the experts at Global Monetary Reserve a call at 877-795-9585 today, or if you would like to take a look at our fantastic inventory, that includes others in the First Spouse set, visit our E-commerce site by Clicking Here!