Obverse. Image Courtesy of Professional Coin Grading Service (PCGS.com)
  • 10 Dollars 2010, KM# 483, United States of America (USA), First Spouse Program, James Buchanan's Liberty
  • 10 Dollars 2010, KM# 483, United States of America (USA), First Spouse Program, James Buchanan's Liberty
Description

The Nation’s First Ladies are being honored on a series of one-half ounce 24 karat gold coins. The coins are considered numismatic items and have a nominal face value of $10. Typically, four different designs are released per year featuring the spouses of the Presidents in the order served. The First Spouse Gold Coins represent the first time that the United States Mint has featured women on a consecutive series of coins.

The program was authorized under Public Law 109-145 The Presidential $1 Coin Act. In addition to authorizing the Presidential Dollars series, which features the former Presidents in the order served, the law also provided for the issuance of gold coins featuring the President’s spouses.

For Presidents who served in office with a first and second wife, two gold coins are issued for the Presidency. For Presidents who served in office without a spouse, a depiction of Liberty is presented on the obverse of the coin for four instances, with Suffragist Alice Paul depicted for the final instance.

The obverse of each First Spouse coin features a portrait of the spouse being honored. The reverse design of each coin contains images emblematic of the spouse being honored. Some of the reverse designs so far have included memorable scenes from the spouse’s life, or images representative of their major contributions, themes, or accomplishments.

Because the 15th President had served in office without a spouse, an image of Liberty taken from a circulating coin of the era was used for the obverse design. The same situation had occurred for three previous issues of the series, which also used classic depictions of Liberty. Together the four coins make up the so-called Liberty Subset, which has become a popular method of collecting a select portion of the lengthy series.

Obverse

Depicts a reproduction of the Liberty Head $2.50 Gold Quarter Eagle, originally designed by Christian Gobrecht. This coin was produced for circulation from 1840 to 1907. Modifications to the design have been made for the series, including the placement of inscriptions “15th Presidency”, “In God We Trust”, the dates of the Presidential term “1857 1861″ and the date of issue “2010″.

Design: Christian Gobrecht

LIBERTY
IN GOD
WE
TRUST
1857
1861
2010
W
15th PRESIDENCY

Reverse

Depicts James Buchanan during his early youth, when he worked as a bookkeeper in a small country store owned by his family. The reverse inscriptions include “United States of America”, “E Pluribus Unum”, the denomination “$10”, the gold content “1/2 oz.”, and the gold purity “.9999 Fine Gold”.

James Buchanan Jr. (1791–1868) was an American lawyer and politician who served as the 15th president of the United States from 1857 to 1861. He previously served as secretary of state from 1845 to 1849 and represented Pennsylvania in both houses of the U.S. Congress. He was an advocate for states' rights, particularly regarding slavery, and minimized the role of the federal government preceding the Civil War.

Buchanan's leadership during his lame duck period, before the American Civil War, has been widely criticized. He simultaneously angered the North by not stopping secession, and the South by not yielding to their demands. He made an unsuccessful attempt to reinforce Fort Sumter, but otherwise refrained from preparing the military. His failure to forestall the Civil War has been described as incompetency, and he spent his last years defending his reputation.

Design: David Westwood (DW)
Modelling: Joseph Menna (JFM)

UNITED STATES OF AMERICA
DW JFM
• E PLURIBUS UNUM • $10 • 1/2 Oz. .9999 FINE GOLD •

Edge

10 Dollars

Bullion Coinage

First Spouse Program
James Buchanan's Liberty

Subscribe series
KM# 483
Characteristics
Type Commemorative Issue (Non-circulating)
Material Gold
Fineness 0.999
Weight 15.554 g
Diameter 26.5 mm
Thickness 1.88 mm
Shape round
Alignment Coin
Mint
West Point Mint (W)

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