Anthony dollar coin came into being after President Jimmy Carter signed its authorizing act into law on October 10, 1978. Once proclaimed the “dollar of the future” but quickly derided as the “Carter quarter” or the “Agony dollar”, the Susan B. Even the Morgan dollar, a large clunky silver coin that went largely unused in much of the country, stayed in service long enough to make America’s silver mining interests wealthy.
Of all of the coins struck over the long career of the United States Mint, no coin had as much support from the federal government only to see it immediately cast aside upon release as the Susan B. The Birth (and Death) of the Modern Small Dollar Anthony dollar was the first small clad dollar struck at the Philadelphia Mint.
