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In reference to Susan B. Anthony (1820–1906), a women's rights activist whose portrait is featured on the coin's obverse.
Further etymology
In her youth, Susan Anthony and her sisters responded to a “great craze for middle initials” by adding middle initials to their own names. Anthony adopted “B.” as her middle initial because her namesake Aunt Susan had married a man named Brownell. Anthony never used the name Brownell herself, and did not like it.
1990 May 23, DILLON%[email protected], “Coinage problems”, in rec.org.sca (Usenet), retrieved 2022-10-08:
There has been much discussion about the minting of coins for use during SCA events. However the one problem most likely to scrap the entire project is getting the merchants to accept the coins when most of them prefer not to accept even mundane Susan B. Anthonys and half dollars.