The 1979 Susan B. Anthony dollar coin represents a significant moment in American numismatics, celebrating a pioneer in women’s rights. This article dives into the features, value, and history of the 1979 Anthony dollar coin, providing collectors and enthusiasts with essential insights. Understanding its value can help you make informed decisions when buying or selling this unique coin, particularly from reputable dealers like Accurate Precious Metals.
What is the Susan B. Anthony Dollar Coin?
The Susan B. Anthony dollar coin, often referred to as the Anthony dollar, was introduced in 1979 as part of a plan to create a smaller one-dollar coin to replace the Eisenhower dollar. The coin features a portrait of Susan B. Anthony, a prominent suffragist, on the obverse. Anthony’s image aims to honor her contributions to women’s rights and social reform in the United States.
The reverse side of the coin features an eagle landing on the moon, a design that symbolizes the American spirit of exploration and achievement. The coin’s value as a numismatic piece often exceeds its face value, particularly for uncirculated or proof versions, which are highly sought after by collectors.
Why Was the 1979 Susan B. Anthony Coin Minted?
The 1979 Susan B. Anthony dollar coin was minted in response to the need for a smaller and more practical one-dollar coin. The Eisenhower dollar, introduced in 1971, was larger and less convenient for everyday transactions. By implementing the Anthony dollar, the United States aimed to encourage the use of coins instead of paper currency, ultimately saving money on printing costs.
This coin was minted from 1979 to 1981, with a total mintage of approximately 49 million pieces in 1979 alone. The introduction of the Anthony dollar was part of a broader initiative to modernize American currency and reflect the contributions of notable figures like Susan B. Anthony.
What Are the Different Types of 1979 Susan B. Anthony Dollars?
The 1979 Susan B. Anthony dollar comes in two primary types: Type 1 and Type 2. The Type 1 coin features a “wide rim,” while the Type 2 coin has a “narrow rim.” This distinction arises from the coin’s minting process and can significantly impact its value. Collectors often seek both types for their collections, as they represent different aspects of the coin’s production history.
Additionally, the coins were minted with different mint marks, including “P” for Philadelphia, “D” for Denver, and “S” for San Francisco. Each mint’s production added another layer of variety, making certain mint-marked coins rarer and more sought after in the numismatic market.
How Do You Determine the Value of a 1979 Susan B. Anthony Dollar Coin?
Determining the value of a 1979 Susan B. Anthony dollar coin involves assessing several factors, including its condition, mint mark, and rarity. Coin grading plays a crucial role in this evaluation. Coins can fall into categories from Poor (P) to Mint State (MS), with uncirculated versions commanding higher prices.
For example, a well-preserved 1979 P dollar coin in uncirculated condition can fetch significantly more than its face value, while a coin in poor condition may have little to no added value. Collectors and dealers often refer to price guides to ascertain current market values, which fluctuate based on demand and the coin’s grading.
What is the Mint Mark on the 1979 Susan B. Anthony Dollar?
The mint mark on a coin indicates where it was produced. For the 1979 Susan B. Anthony dollar, coins could have been minted in Philadelphia (no mint mark), Denver (“D”), or San Francisco (“S”). Each mint’s output contributes to the overall rarity of the coin, with certain mint marks being more desirable than others.
What Should You Know About Coin Grading and Its Impact on Value?
Coin grading is the practice of assessing the condition of a coin, which directly influences its market value. Various grading systems exist, with the Professional Coin Grading Service (PCGS) being one of the most recognized. Coins receive grades based on their physical appearance, including wear, scratches, and overall aesthetic quality.
What Are the Current Trends in the Market for Susan B. Anthony Dollar Coins?
The market for Susan B. Anthony dollar coins has experienced fluctuations, influenced by factors such as collector interest, economic conditions, and the availability of coins. While these coins were initially met with skepticism and were often overlooked, they have gained traction in recent years as collectors recognize their historical significance and potential value.
How Do You Buy or Sell a 1979 Susan B. Anthony Dollar Coin?
When buying or selling a 1979 Susan B. Anthony dollar coin, consider working with a reputable dealer like Accurate Precious Metals. They specialize in precious metals and coins, providing a trustworthy environment for transactions. Always seek out dealers who value transparency and offer fair pricing based on current market conditions.
What Are the Common Misconceptions About the 1979 Susan B. Anthony Dollar?
One common misconception about the 1979 Susan B. Anthony dollar is that all coins from this series are worth significantly more than their face value. While many collectors seek these coins, their value can vary widely based on condition, mint mark, and rarity. Not all 1979 dollars have an inflated price; it’s essential to evaluate each coin individually.
FAQs About the 1979 Susan B. Anthony Dollar Coin
What is the historical significance of the Susan B. Anthony dollar?
The Susan B. Anthony dollar holds historical significance as it commemorates the contributions of a key figure in the women’s suffrage movement. Susan B. Anthony was instrumental in advocating for women’s right to vote, and the coin serves as a reminder of the ongoing struggle for gender equality in the United States.
Where can I find a reliable price guide for the Anthony dollar?
Many resources provide price guides for Susan B. Anthony dollars, including online numismatic databases and collector forums. It’s crucial to refer to updated guides that reflect current market trends. Additionally, consulting with experts at Accurate Precious Metals can provide valuable insights into the coin’s worth.
Are there any special editions of the Susan B. Anthony dollar?
Yes, there are special editions, including proof coins struck in San Francisco. These coins often feature a higher quality finish and limited mintage, making them more desirable among collectors. Understanding the differences between regular and special editions can greatly influence your collecting strategy and investment.
How can I store my Susan B. Anthony dollar coins to maintain their value?
Proper storage is essential for maintaining the condition and value of your Susan B. Anthony dollar coins. Use coin holders or albums that prevent scratches and exposure to air. Keep your coins in a cool, dry place away from direct sunlight. Accurate Precious Metals will provide storage options in the future, ensuring collectors can protect their investments.
Summary of Key Points
- The 1979 Susan B. Anthony dollar coin honors a key figure in American history.
- Understanding the different types and mint marks is crucial for collectors.
- Coin grading significantly impacts the value of the Anthony dollar.
- Market trends for these coins have improved, increasing collector interest.
- Working with a reputable dealer like Accurate Precious Metals ensures a trustworthy transaction.
Sources
United States Mint. “The Susan B. Anthony Dollar.” U.S. Department of the Treasury, www.usmint.gov.
American Numismatic Association. “Coin Collecting Basics.” www.money.org.
Professional Coin Grading Service. “Coin Grading Standards.” www.pcgs.com.