Sarah Polk First Spouse Gold Coin – 2009

Sarah Polk First Lady

Sarah Polk First Spouse Gold Coin – 2009

Born in Murfreesboro, Tennessee in 1803 to a prominent planter, merchant, and land speculator; Sarah Childress Polk grew up to be an extremely well educated woman for her time. Having attended one of the only places of higher learning for women; first Moravian Female Academy at Salem, North Carolina, and then Salem College in Winston-Salem, North Carolina; Sarah would be instilled with a lifelong love of in-depth reading. A woman of good birth, wealthy, and exceptionally intelligent—Sarah was quite the catch. In fact, it is said that Andrew Jackson advised a young James K. Polk to marry the “wealth, pretty, ambitious, and intelligent” young woman as soon as he could. In 1824 he did just that, Sarah Childress became Mrs. James K. Polk; a moniker she would use to sign all unofficial documentation while a widow for 40 years.

Place in First Spouse History

Armed with her outstanding education, Sarah Polk became the only First Lady to act as her husband’s personal secretary; and was known as the President’s only confidant while he was in office. In a move to improve the appearance, and significance of American coinage, The Presidential $1 Coin Act was passed in 2005 and called for the release of Presidential $1 coins, and First Spouse coins of a $10 denomination, made of one-half ounce of 24-karat (.9999) Pure Gold, to be issued by the United States Mint in chronological order in the dates they served as President, or served the position of First Lady. For Sarah Polk, her beautifully rendered visage occupies the 12th coin of the series. While her husband may have been the 11thPresident, as inscribed below her portrait on the Obverse of the coin, Sarah predecessor was Julia Tyler, second wife of John Tyler, whose wife had passed while he was still in office. Succeeding coins are all varied in some way, the Presidential Liberties, four in total, make Sarah the ninth First Lady honored in the First Spouse Gold Coin series.

Bringing History to Life

A deeply religious woman, her tenure as First Lady was different from her predecessor’s, Julia Tyler, whom enjoyed throwing social functions: she banned dancing, card games, and hard liquor at official receptions. Her portrait on the Sarah Polk First Spouse Gold Coin is beautifully rendered from the 18465 portrait of her by artist George P.A. Healy. Curls frame an intelligent face that stares at the viewer, and her head is adorned with a fashionable headpiece. Known as a lively, charming, intelligent woman who was also a good conversationalist, Sarah Polk was her husband’s confidant. She read major newspapers and magazines, and marked articles she felt were most important, leaving them on a chair outside of the President’s office for him to read. Seen on the Reverse of the coin, Lady Polk can be seen working in the White House in support of her husband’s demanding career.

Fun Fact: In 1830 social panic seized the Jackson administration. Known as the Petticoat Affair, a young woman by the name of Peggy Eaton caused a scandal amongst the wives of the politician’s that made of Andrew Jackson’s cabinet. A vivacious young woman, who helped run her family’s boarding house, considered very un-lady like at the time, especially for the young married Peggy.  While her husband was away at sea, she met a John Henry Eaton, senator and close friends with Andrew Jackson. Mostly a fabrication of Vice President, John C. Calhoun’s wife, society believed her to have continued an affair with Eaton before her husband’s death of illness at sea. She was essentially ostracized from Washington society, and those that sided with her, mostly men such as Martin Van Buren, were looked upon favorably by President Jackson. In fact Van Buren used the scandal in his favor, becoming Vice-President, and eventually President. Part of the circle which ostracized Peggy Eaton: Sarah Polk.

Appreciation

Released on September 3, 2009, The Sarah Polk First Spouse Gold Coin was priced at $641.00 for the Uncirculated version of the coin, and $654.00 for the Proof version. The prices were subject to change, which was based on the weekly performance of gold as per the new US Mint Gold Coin Pricing Policy that links to two, market price for gold and selling price for precious metal coins. Since its release, The Sarah Polk First Spouse Gold Coin has seen a marked improvement in terms of its value. According to The Official Red Book: A Guide Book of United States Coins 2014 the gold coin has since risen in value by 220% its original Uncirculated price, and 190% of its original Proof price. When it pertains to graded versions of the Sarah Polk Gold Coin, which are coins that are sent to grading companies to ensure quality, such as the NGC (Numismatic Guaranty Corporation), prices continue to increase. The highest grade for an Uncirculated coin (MS70) is now valued at $1,625.00 and for the highest grade Proof (PF70) $1,500 (as of the writing of this article 1/19/2015).

A brilliant representation of not only monetary worth, but of history: The Sarah Polk First Spouse Gold Coin is a truly unique addition to any investment portfolio. First Spouse Gold Coins are a wonderful way to add value, and security to your investments. Call the experts at Global Monetary Reserve today at 877-795-9585 to find out how you can make this beautiful coin a part of your collection. Or if you would like to take a look at our fantastic selection of other commemorative or rare-coins visit our E-commerce site by Clicking Here!