Product Description
When first introduced in 1979, this small dollar coin was intended to save the U.S. Mint production costs over the hefty Ike dollar and help extend the lifespan of more costly paper currency. However, the nation's first small dollar series was a flop, struck from just 1979-1981. The principal reasons for the epic failure were that the coin closely resembled the quarter in color and size, and dollar bills were not phased out when the SBA dollar was introduced. Eventually, the coin found its niche within the mass transit and vending machine markets.
Fast forward to 1999. In anticipation of increased demand from the aforementioned markets and to straddle the gap before the Sacagawea dollar was introduced in 2000, the U.S. Mint resurrected the SBA dollar. Philadelphia and Denver would both strike coins for circulation and San Francisco output a proof version that was for sale only to collectors. In this final-year trio you'll receive a P and D Brilliant Uncirculated specimen and S-Mint proof.