The Susan B. Anthony $1 Coin
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February 15, 2021 is National Susan B. Anthony Day.
Susan B. Anthony Coin: A Historical Summary
During President Jimmy Carter’s term as president, legislation for the Susan B. Anthony dollar coin was passed. On October 10, 1978 Law 95-447 was passed.
In 1979, the first coin was minted. Frank Gasparro, Chief Engraver of the U.S. Mint designed the coin in its entireness. The obverse and reverse sides of the coin. On the obverse, lower right aspect of the portrait, you will notice his initials. (See image below).
This coin was the first time a portrait of a real woman appeared on a U.S. Currency coin. Lady Liberty, for example, solely depicts a figurative lady. However, Susan B. Anthony was a real woman of flesh. One who pioneered in equality. And ultimately, the women’s rights movement.
Susan B Anthony Coin: Significance
The Susan B. Anthony $1 Coin at first was set to be a replacement to the Eisenhower dollar. However, the U.S. Mint had high hopes that ultimately this coin would replace the $1 Washington Note. Only because it is less expensive to mint a coin than to mint a paper note.
But for this to occur, high circulation of the coin would have to happen. Which, unfortunately for the U.S. Mint, failed to happen. In fact, quite the opposite happened. The general public actually rejected the coin. Why? It was confused with the Quarter. Despite its obvious differences, it was still smaller than the Eisenhower Dollar. And closer to the size of a quarter. Thus, production stopped in 1981.
Susan B. Anthony Coin: Re-Issuance
20 years from initial minting, the Susan B. Anthony Coin was minted once again. The U.S. Post Office requested the coin to be reissued. In 1999 the U.S. Mint complied. However, it was never minted again.
The Characteristics of the Coin
Depicts a style within the likeness of Susan B. Anthony.
- IN GOD WE TRUST
Features an American Eagle landing on the Moon. Which is an adaption of the Apollo 11 insignia.
- UNITED STATES OF AMERICA
- E PLURIBUS UNUM
- ONE DOLLAR
Susan B Anthony Coin: Current
While the Susan B. Anthony Coin no longer is in production these days, it’s still thought of a currency Coin. While not a coin that most collectors collect; it is still a coin that some do collect. For the foremost part, the Susan B. Anthony Coin is only worth its face value. One American Dollar.
But if you are ever unsure of your coins, you can always bring them in for a FREE valuation. We are ALWAYS buying Gold, Silver, and Platinum Coins. As well as Graded Coins and some raw coins.