The 1979-P Susan B. Anthony Dollar is a significant coin in U.S. numismatics, representing a pivotal moment in the history of American currency. Released as part of an effort to replace the one-dollar bill with a coin, the Susan B. Anthony Dollar was met with mixed reactions, yet it remains a key collectible piece today. This article explores the history, design, mintage, and collecting details of the 1979-P Susan B. Anthony Dollar.
The Context: A New Dollar Coin
In the late 1970s, the U.S. Mint began seeking a new coin to replace the one-dollar bill, which was seen as inefficient due to its wear and need for frequent replacement. The Susan B. Anthony Dollar was introduced in 1979 as part of this initiative to promote a more durable and cost-effective alternative.
Design of the 1979-P Coin
The 1979-P Susan B. Anthony Dollar features a striking image of the suffragist Susan B. Anthony, designed by artist Frank Gasparro. On the obverse, Anthony’s portrait is depicted in profile, and it is one of the few times a woman has been featured on U.S. coinage. Below her image, the inscription “LIBERTY” is displayed, along with the year of minting, 1979. The coin also bears the phrase “IN GOD WE TRUST” on the obverse, in keeping with the U.S. Mint’s practice.
The reverse of the coin features an eagle in flight, carrying an olive branch, designed by Glenna Goodacre. The eagle’s wings spread wide to symbolize freedom, and above the bird, the words “UNITED STATES OF AMERICA” are inscribed. The reverse also includes the coin’s face value of “ONE DOLLAR” and the mintmark “P”, indicating that it was struck at the Philadelphia Mint.
The Mintage and Variations
The 1979-P Susan B. Anthony Dollar had a relatively high mintage, with over 360 million coins struck. Despite this large production, the coin is not particularly common in high grades, due to the circulation issues it faced. Collectors focus on two key factors when evaluating these coins: the condition and the presence of certain varieties.
- High-Grade Coins: Coins in excellent condition, especially those rated MS65 or higher, are more valuable due to their relative scarcity.
- Die Variety: A noteworthy feature of the 1979-P Susan B. Anthony Dollar is the “Wide Rim” and “Close Rim” varieties. The two types refer to slight differences in the rim’s distance from the coin’s edge. These varieties have a significant impact on the coin’s value, with the Wide Rim being the rarer of the two.
Value and Collectibility
The value of the 1979-P Susan B. Anthony Dollar varies depending on its grade and variety. In general, coins in uncirculated condition can be found for $1 to $3, while those in higher grades, such as MS65 or better, can fetch around $10 to $20. The Wide Rim variety typically commands a premium and can be worth $25 to $50 in excellent condition, depending on demand and the coin’s certification.
Though the coin had limited circulation and was quickly replaced by the Sacagawea Dollar in 2000, it has become a cherished piece for collectors interested in U.S. coin history. Its depiction of Susan B. Anthony, a leading figure in the women’s suffrage movement, has also added to its appeal for those interested in coins that commemorate significant historical figures.
Conclusion
The 1979-P Susan B. Anthony Dollar is an interesting and collectible piece of U.S. coinage history. While it was not widely accepted when first issued, its unique design and significance have made it a sought-after item among collectors. Whether you are adding it to a modern U.S. coin collection or appreciating its role in the history of women in American currency, the 1979-P Susan B. Anthony Dollar remains a valuable and intriguing piece of numismatic heritage.
FAQs
1. What is the difference between the “Wide Rim” and “Close Rim” varieties of the 1979-P Susan B. Anthony Dollar?
The Wide Rim variety has a slightly larger gap between the rim and the edge of the coin compared to the Close Rim variety. The Wide Rim is rarer and more valuable among collectors.
2. How much is the 1979-P Susan B. Anthony Dollar worth?
In average condition, the 1979-P Susan B. Anthony Dollar is typically worth between $1 and $3. However, coins in higher grades (MS65 or better) can be worth $10 to $20, and the rarer Wide Rim variety can fetch up to $50 in excellent condition.
3. Why is the 1979-P Susan B. Anthony Dollar important in U.S. coinage history?
The coin is notable for being the first U.S. dollar coin to feature a woman—Susan B. Anthony, a prominent suffragist. Despite its initial failure to gain public acceptance, it remains an iconic part of American numismatic history.