The Martin Van Buren presidential $1 coin is dedicated to the eighth U.S. president. It is part of the Presidential $1 Coin Program, part of an Act of Congress from 2005, directing the United States Mint to produce a collection of $1 coins with relief portraits of each of the U.S. presidents.
The program began on January 1st, 2007, issuing one new coin every three months until coins of all of the eligible subjects have been minted. Each coin has an image of the Statue of Liberty on the reverse. The collection was ordered by congress to help boost the popularity of $1 coins after the Sacagawea $1 coin was deemed to be a failure.