1999-P Susan B. Anthony Dollar: The 1999-P Susan B. Anthony dollar holds a special place in American numismatic history, often intriguing both seasoned collectors and those new to the world of coin collecting. Its rarity, historical context, and design have made it a subject of interest for many who appreciate the significance of U.S. coinage. Although the coin was initially met with lackluster demand, the 1999-P Susan B. Anthony dollar has since become a rare and valuable find in the world of collecting. In this article, we will explore the background, rarity, collector’s value, and factors that contribute to its worth.
The Historical Significance of the Susan B. Anthony Dollar
The Susan B. Anthony dollar was first introduced in 1979, with the aim of creating a coin that would replace the paper dollar bill. The coin was named after Susan B. Anthony, a prominent suffragist and women’s rights activist who played a critical role in the 19th-century movement for women’s voting rights. The decision to feature her likeness on U.S. currency marked a historic moment, as it was the first time a woman other than Lady Liberty appeared on American coinage.
Despite the coin’s important historical significance, it faced immediate issues in the public’s acceptance. The size and design of the coin, which closely resembled a quarter, led to confusion among the general public. Many people did not distinguish it easily from the 25-cent piece, causing problems in its circulation. Additionally, the coin’s relatively high production costs and lack of public demand led to it being discontinued after just a few years in circulation.
However, in 1999, the U.S. Mint decided to reissue the Susan B. Anthony dollar for a final time, this time with a limited mintage to commemorate the coin’s 20th anniversary. This version, produced at the Philadelphia Mint and identified with the “P” mintmark, would later become a sought-after rarity for coin collectors.
Minting the 1999-P Susan B. Anthony Dollar
The 1999-P Susan B. Anthony dollar was minted at the Philadelphia Mint, which is known for producing coins that lack a mintmark unless otherwise specified. This is the primary distinguishing feature of the 1999-P coin; there is no “D” for Denver or “S” for San Francisco on the reverse side of the coin. In fact, the absence of a mintmark is one of the reasons the 1999-P coin has garnered so much interest among collectors over the years.
Another contributing factor to the coin’s rarity is the limited number of pieces that were actually produced. The 1999-P Susan B. Anthony dollar was part of a broader effort by the U.S. Mint to transition from paper money to coinage, in hopes of increasing the circulation of dollar coins. However, like its predecessors, the 1999-P coin faced lack of widespread acceptance. Few were used in everyday transactions, and many of them were stored in mint rolls or held by collectors, making it a rare find today.
The Design of the 1999-P Susan B. Anthony Dollar
The design of the 1999-P Susan B. Anthony dollar is both historical and symbolic. On the obverse of the coin, the profile of Susan B. Anthony is depicted. The artist, Frank Gasparro, created a realistic image of Anthony, capturing her determination and strength. Surrounding her image are the inscriptions “LIBERTY” and “IN GOD WE TRUST,” along with the year of mintage.
On the reverse of the coin, a detailed representation of an eagle in flight is shown, holding an olive branch. This design symbolizes peace and hope, though it is worth noting that this design had been used previously on other U.S. coins. Surrounding the eagle are the words “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM.”
Though the design is iconic, it was not met with widespread approval at the time. Many felt that the coin lacked aesthetic appeal when compared to other U.S. coins, particularly the more popular Eisenhower dollar. As a result, many people avoided using the coin, and it was not widely circulated.
Collector’s Value of the 1999-P Susan B. Anthony Dollar
The value of the 1999-P Susan B. Anthony dollar can vary depending on several factors, such as its condition, rarity, and market demand. Although most of the 1999-P coins were never heavily circulated, they were still produced in significant numbers, meaning that many examples are still available to collectors.
As of recent years, the typical value of a 1999-P Susan B. Anthony dollar in circulated condition ranges from $1 to $3. Coins in this condition show signs of wear and may have scratches, discoloration, or other imperfections that come from normal use in commerce. These coins, while still collectible, are not worth significant premiums due to their relatively low condition.
However, uncirculated versions of the coin are much more valuable. Coins that have been well-preserved, with little to no wear, can fetch prices upwards of $10 to $15, especially when graded by a professional service like the Numismatic Guaranty Corporation (NGC) or Professional Coin Grading Service (PCGS). In rare cases, where the coin is in perfect mint state, prices may even exceed $20 to $25, though such specimens are hard to come by.
Grading is crucial in determining the precise value of any coin, including the 1999-P Susan B. Anthony dollar. A coin graded MS65 or higher (mint state) will be worth more than one graded as MS63 or lower. Grading takes into account the coin’s appearance, including its strike quality, surface condition, and luster. Coins that have been handled or that show significant damage will have a lower grade and thus a lower market value.
Why the 1999-P Susan B. Anthony Dollar Remains Popular
Despite its initial unpopularity, the 1999-P Susan B. Anthony dollar has endured in the world of coin collecting for several reasons. First, it represents an important chapter in American numismatic history. The coin commemorates the 20th anniversary of a landmark decision to feature a female historical figure on U.S. currency a trailblazing step forward for gender equality in a field where women were rarely depicted.
The coin also holds particular appeal due to its unique design, which features both the likeness of Susan B. Anthony and a symbolic eagle. These elements make it a fitting tribute to the causes Anthony championed, while also maintaining a connection to America’s broader coinage history.
Lastly, the 1999-P Susan B. Anthony dollar is rare and difficult to find in pristine condition, making it highly desirable to collectors. In a market where rarity and condition are paramount, the coin’s limited mintage and surviving examples ensure it will continue to be a sought-after item in the numismatic world.
How to Find a 1999-P Susan B. Anthony Dollar
While the 1999-P Susan B. Anthony dollar is no longer in circulation, it is still widely available to collectors through various channels. For those looking to acquire one, several options exist:
- Coin Dealers: Many reputable dealers specialize in U.S. coins and can help you find a 1999-P Susan B. Anthony dollar.
- Online Auctions: Websites like eBay often feature listings for rare coins, including the 1999-P Susan B. Anthony dollar. However, prices can vary depending on the condition of the coin.
- Coin Shows: Attending coin shows is an excellent way to find rare pieces, as collectors and dealers often bring large inventories to these events.
- Numismatic Shops: Local numismatic shops may also carry rare coins, though availability may depend on location and demand.
For those seeking to get the best possible deal, it is advisable to check the coin’s certification and condition, as well as to compare prices from different sources before making a purchase.
Conclusion
The 1999-P Susan B. Anthony dollar is a unique and historically significant coin that holds both sentimental and financial value for collectors. Despite its initial struggles in the marketplace, the coin’s rarity and appeal have only grown with time. With its rich history, iconic design, and limited mintage, the 1999-P coin remains a cherished part of American numismatic culture.
Whether you are an experienced collector or just beginning to explore the world of coin collecting, the 1999-P Susan B. Anthony dollar offers both a fascinating story and a valuable addition to any collection.
Disclaimer
The information provided in this article is intended for general educational purposes only. The value of any coin is subject to change based on market conditions, collector demand, and other factors. Prices mentioned are approximate and may vary based on coin condition, grading, and the dealer from whom the coin is purchased. Always consult with a professional numismatist or coin dealer for up-to-date pricing and advice.