susan b anthony dollar worth : We’ve all heard stories of forgotten treasures discovered in attics or at garage sales. But what if a genuine rarity was hiding in plain sight, perhaps in your own coin jar or tucked away in an old wallet? The world of coin collecting is filled with such possibilities, and one of its most intriguing modern tales involves a humble, often-misunderstood coin: the 1981 Susan B. Anthony dollar.
A Coin Born from Good Intentions
Introduced in 1979, the Susan B. Anthony dollar was the United States Mint’s ambitious attempt to create a smaller, more practical dollar coin. Honoring a pivotal figure in the fight for women’s suffrage, the coin carried significant symbolic weight. Despite its noble purpose, it faced an immediate hurdle in daily life: its size and copper-nickel composition made it frustratingly easy to confuse with the quarter. This public reluctance led to its brief production run, ending after 1981 (with a single-year revival in 1999). Consequently, millions of these dollars ended up stored away or spent without a second glance, creating the perfect conditions for a rare variety to go unnoticed for decades.
1981 Susan B. Anthony Dollar Quick Reference Table
| Feature | Details |
|---|---|
| Coin Series | Susan B. Anthony Dollar |
| Key Date/Variety | 1981-S (San Francisco Mint) Proof, Type 2 Mintmark |
| Face Value | $1.00 |
| Composition | Outer layers: 75% Copper, 25% Nickel; Core: 100% Copper |
| Distinguishing Factor | Style of the “S” mintmark on the obverse. |
| Type 1 Mintmark | Softer, broader, and less defined. |
| Type 2 Mintmark | Sharper, more clearly defined with elegant curves. |
| Origin | Struck for inclusion in proof sets sold to collectors. |
| Potential Value (Type 2) | Varies widely by condition. Circulated examples hold a premium; professionally graded perfect proofs can reach five or six figures at auction. |
| Why the Hype? | Scarcity of the Type 2 variety and the captivating possibility (however slim) of finding a proof-quality coin in everyday circulation. |
The 1981-S Proof A Collector’s Prize
While most Susan B. Anthony dollars are worth exactly one dollar, a special subset commands extraordinary attention. These are the proof coins—meticulously struck with polished dies on specially prepared planchets to create a brilliant, mirror-like finish. They were sold directly to collectors in sealed sets. In 1981, the San Francisco Mint (denoted by the “S” mintmark) produced these proof coins with two subtly different styles of that mintmark. The majority, known as the “Type 1,” have a softer, less-defined “S.” A smaller portion, however, were struck with a new, sharper mintmark die—this is the “Type 2.” It is this 1981-S Type 2 proof that carries immense numismatic value. Its scarcity, combined with the premium condition expected of a proof coin, makes it a centerpiece for advanced collections. In top-graded condition, certified by professional services like PCGS or NGC, examples have sold for tens of thousands of dollars.
The Circulation Mystery and Its Lasting Appeal
The fascinating rumor that fuels searches through everyday change is the idea that a few of these proof coins may have escaped their protective cases and entered general circulation. This isn’t far-fetched; coins can be spent by unknowing heirs, mixed into rolls at banks, or simply spent by someone unfamiliar with their distinction. The very feature that doomed the Susan B. Anthony dollar—its resemblance to common change—could be the cloak that hides a rarity. This possibility is a beautiful reminder that history and value often intersect with the mundane, encouraging us to look more thoughtfully at the world around us.
A Guide to Identification
If you’re inspired to check your coins, here’s a clear, step-by-step guide:
- Find the Date: Look for coins dated 1981.
- Locate the Mintmark: On the front (obverse) of the coin, inspect the area just above Susan B. Anthony’s shoulder. You are looking for a tiny “S.”
- Analyze the Style: This is the crucial step. Using a magnifying glass or the macro lens on your phone, examine the shape of the “S.”
- Type 1 (Common): The “S” appears broader, with softer, more rounded curves.
- Type 2 (Rare): The “S” is more refined, with sharper definition and clearer, more elegant curves.
If you believe you’ve found a candidate, the most important step is to handle it carefully. Avoid cleaning or polishing it, as this can permanently damage the surface and destroy its value. Instead, place it in a protective holder and consider having it authenticated by a reputable coin dealer or grading service.
Frequently Asked Questions (FAQ)
Q: Is it true there’s a 1981 Susan B. Anthony dollar worth $880,000?
A: While high-grade examples of the rare 1981-S Type 2 proof have sold for substantial sums (often in the $10,000-$20,000+ range for top grades), the specific figure of $880,000 is an extreme, speculative estimate often used in sensational headlines. Its true value is determined by its authenticated condition and the current collector market.
Q: How can I tell the difference between the Type 1 and Type 2 mintmarks without special equipment?
A: A simple magnifying glass is the best tool for the job. The key is to look for clarity. The Type 2 “S” will look clean and crisp, like a well-printed letter, while the Type 1 will appear fuzzier or more blob-like around the edges.
Q: Are any other Susan B. Anthony dollars valuable?
A: Yes. While the 1981-S Type 2 is the most famous, other varieties exist. For example, some 1979-P and 1981-P coins have a “wide rim” variety that is also sought after. Proof coins from any year in perfect condition always carry a premium over face value.
Q: What should I do if I think I’ve found one?
A: Handle it by the edges to preserve its surface. Do not clean it. Place it in a soft cloth or a coin flip (a cardboard or plastic holder). Then, consult a trusted local coin shop or consider submitting it to a professional grading service like PCGS or NGC for definitive authentication and grading.
The story of the 1981-S dollar is more than a hunt for a payday; it’s a testament to the quiet history we hold in our hands every day. It encourages a moment of curiosity and connection to the craft and stories embedded in our currency. So next time you receive a dollar coin, take a moment to look a little closer. You might not find a fortune, but you’ll certainly find a piece of history.
