SUSAN B ANTHONY DOLLARS EVERYTHING YOU NEED TO KNOW.

Hey YouTubers, JB coins here with another video, this one about the controversial Susan B Anthony dollar, some people love them, some hate them. If you watched our video on the dollar that should have been, you can see the similarities in design between that. and this coin actually Frank Esparo designed the coin pattern that we showed you on the dollar that should have been and all they did was lift the image of Lady Liberty that he had here and they dropped Susan B. Anthony and on the coin she who retained the reverse to make it easier simply took the Eisenhower reverse and made it smaller.

This was designed by astronaut Michael Collins who was on Apollo 11, so that was his excuse to keep it for the Susan B. The Susan B wasn't much of a one. a lot of difference in size than a quarter, so it caused a lot of confusion for people and that was part of the excuse for why people hated them so much. In 1979, when they started producing them in Philadelphia, they started with what is

know

n as the narrow. The border is far dated because it has a thin border here and the date has proper spacing from the border in the middle of the year, they changed the design to the wide border near the date which became very collectible in the last 40 years because people I thought they were extremely One of the things that seems a little strange to me is that Susan B's later production coins have a wide rim, so from then on they kept the wide rim.

So based on the way it works with other coins, wouldn't this then be the collectible coin? Here is the problem with this currency. They are both collectible, so if you want to have a complete Susan B set, there are about 20 coins total including varieties, but you really want one of these. which is the far date of the narrow edge, which always confuses me to no end, but I'm getting better at it and this example of the near date because the data is so close to the nice fat edge compared to that, you can actually see it. clearly side by side, that's why I say this is useful for you guys, if you like these and want to collect them or want to

know

what the difference is, it's there, okay, now let's go. to move on to 1980.

They made a ton of them in 79. 1980 they only made them for collectors, for one year they made them for circulation and for the second year they were not intended for circulation similar to the Kennedy half

dollars

that we can still get, but they are not issued for circulation, they are only for us, the collectors, who want to buy them at a higher price, they were already doing it the second year of issue and you can see that it has a wide edge. In fact, it is a very nice example of the coin. Finding them in very good qualities requires some searching because there isn't much, gold

dollars

, if you want to call them, have taken their place, so they are difficult to find. find out if you go to coin shows, if you go to coin stores, if you go on eBay and buy vintage proof sets or minimal sets, you can usually find things like this if you were watching the video about the coins we picked up on the recent show, you know we took this one because it was a really good example and it was just above face value so it was worth taking but in doing the research for the video we discovered that you know like I said they.

These were no longer intended for circulation, so they stopped production, uh, uh, and people hated the coin, they weren't using it, it was clogging up the vending machines, which is part of the Aaronic history of this coin that has so many. The irony is that these things weren't accepted because the vending machines and other things were set up for quarters and they were set up for big dollars and half dollars, but they weren't set up for these things and they only produced them. For a year the vending machine companies didn't want to make changes so they produced them in 1980, like I said, for collectors and then they stopped and didn't make any dollar coins and almost 10 years later, actually almost 20 years later.

Later in 1999 they learned that they were going to launch the new Sacagawea dollar in 2000, but by '98 there was such a shortage of dollar coins that vending machine companies and subway systems, for example, had switched to accepting them because what What they charged to ride the subway was more than a dollar, it was easier for people to throw them there, so they demanded that they start producing the coins again in that 20 year period, funny thing and I remember it when I was a kid. In 1993, the government did an inventory and discovered that they had something like 360 ​​million of these coins that were still in production, you know, that were still in their inventory in the vaults that they couldn't get rid of.

Here's the funny thing is that they switched from the Ikes to these to save 30 million in production costs and they had 360 million of these in the vault that they couldn't get rid of. They didn't exactly save money so what they did in '93 was another cost savings and one way to get rid of these was to install vending machines in the post offices that when you buy your stamps they would dispense the change and they were intentionally dispensing the dollars Susan B Anthony at the Post Offices purchased 9,000 vending machines to dispense one dollar coins, over a three year period, from '93 to '96, they reduced inventory from 360 million to 229 million, so they got rid of 130 million, but they still had 230 million in the vault which was 96. and two years old.

Then all of a sudden the vending machine industry is yelling at them that we

need

coins, so they made the 99. And that was meant for circulation, which was to make the vending machine people happy and, um, and to make people happy in transit, um, now until now. as collectibles there are several varieties besides the 1979 wide and narrow rim, there's the 79 which is the full type 1, there's the clear which is the type 2. That's evidence that they hit Susan B in a blank Sacagawea which was The first bug that was discovered was sold in 2005 for about twelve thousand dollars, so this was kind of ha, 20 years.

If you look in the books it says production from 1979 to 1999, the problem is that production was discontinued in 81 and then produced again in 99. So it didn't have a 20 year production, it only had a four year production years and there are the same types of errors and oddities on these coins as on any other coin. denomination, you have some of these that are minted on a dime plan, you have some of these where the dime was minted on these planchets, there are quite a few that are out there where they have huge offset mintages where, um , you know they are Offset as far as you know, go out and search, you can find them, if you find them, you could get a score, I hope you found this interesting, remember to like, share, subscribe, there is more information, more information below the video with the links to our website and our email and until the next time JB Coins logs out