Have you ever checked your loose change for a hidden treasure? A Susan B. Anthony dollar might just be sitting in your pocket, potentially worth up to $25,000! This small, often-overlooked coin from the late 1970s and early 1980s has become a collector’s dream.
we’ll explain what makes certain Susan B. Anthony dollars so valuable, how to spot them, and why you should start checking your change today.
What Is the Susan B. Anthony Dollar?
The Susan B. Anthony dollar is a U.S. coin introduced in 1979 to honor Susan B. Anthony, a key figure in the women’s suffrage movement. It was the first U.S. coin to feature a real woman. The coin was minted from 1979 to 1981, with a brief return in 1999, but it never gained popularity in everyday use. Its size, similar to a quarter, caused confusion, and many were tucked away in drawers or forgotten in change jars.
Today, certain rare versions of this coin are highly sought after by collectors, with some fetching thousands of dollars. Let’s dive into why these coins are so special.
Why Are Some Susan B. Anthony Dollars So Valuable?
Not every Susan B. Anthony dollar is worth a fortune, but specific varieties stand out due to their rarity, unique features, or errors during production. Here’s what makes these coins valuable:
1. Minting Errors
Some Susan B. Anthony dollars have errors that make them unique. For example:
- Clear “S” Mint Mark: Coins from the San Francisco Mint with a clear “S” mark, especially from 1979, are rare and highly prized.
- Wide Rim (Near Date): In 1979, some coins were minted with a wider rim, making the date appear closer to the edge. These are known as “Near Date” coins and are worth more than standard versions.
2. Low Mintage Years
The Susan B. Anthony dollar wasn’t produced in large numbers, especially in 1981. Fewer coins mean higher value for collectors.
3. Condition Matters
Coins in excellent condition, known as “uncirculated” or “mint state,” are worth more. If your coin looks shiny and untouched, it could be a winner.
4. Proof Coins
Special “proof” versions, made for collectors, often have a mirror-like finish. The 1979-S Type 2 Proof, with a clear “S” mint mark, can be worth thousands.
How to Spot a Valuable Susan B. Anthony Dollar
Identifying a rare Susan B. Anthony dollar is easier than you think. Here’s what to look for:
Key Features of the Coin
- Obverse (Front): Features a portrait of Susan B. Anthony with the date and “LIBERTY” written around it.
- Reverse (Back): Shows an eagle landing on the moon, with “UNITED STATES OF AMERICA” and “ONE DOLLAR.”
- Mint Mark: Look for a small letter (P, D, or S) near Susan’s shoulder. The “S” mark is especially valuable for certain years.
- Edge: The coin has a reeded edge, like a quarter, but is slightly larger.
Rare Variations to Check
Here’s a quick guide to the most valuable Susan B. Anthony dollars:
| Year | Mint Mark | Variety/Error | Estimated Value |
|---|---|---|---|
| 1979 | S | Type 2 Proof (Clear S) | Up to $25,000 |
| 1979 | P | Wide Rim (Near Date) | $50–$2,000 |
| 1981 | S | Proof Coin | $200–$2,500 |
| 1981 | P, D, S | Uncirculated | $50–$500 |
Tools You’ll Need
- A magnifying glass to check the mint mark and rim.
- A coin price guide or app to verify value.
- A clean cloth to handle coins (avoid touching them directly to preserve condition).
Where to Find Susan B. Anthony Dollars
You don’t need to be a coin collector to stumble across a Susan B. Anthony dollar. Here are some places to look:
- Loose Change: Check your piggy bank, wallet, or change jar.
- Bank Rolls: Ask your bank for rolls of dollar coins.
- Flea Markets or Garage Sales: Old coin collections often hide treasures.
- Inherited Items: Check family heirlooms or old piggy banks.
How to Sell Your Susan B. Anthony Dollar
If you think you’ve found a valuable coin, follow these steps to cash in:
1. Verify Authenticity
Take your coin to a professional coin dealer or use a grading service like PCGS or NGC. They’ll confirm if it’s a rare variety and assess its condition.
2. Get an Appraisal
A certified appraiser can tell you the coin’s market value. This step is crucial for high-value coins like the 1979-S Type 2 Proof.
3. Choose a Selling Method
- Auction Houses: Great for rare coins, as they attract serious collectors.
- Online Marketplaces: Sites like eBay or Heritage Auctions are popular, but be cautious of fees.
- Local Coin Shops: Quick and easy, but you may get a lower offer.
4. Protect Your Coin
Store your coin in a protective holder to maintain its condition. Avoid cleaning it, as this can lower its value.
Tips to Avoid Scams
The coin collecting world can be tricky. Here’s how to stay safe:
- Research Dealers: Work with reputable dealers certified by organizations like the American Numismatic Association.
- Beware of Fakes: Counterfeit coins exist, so always verify authenticity.
- Get Multiple Offers: Compare offers from different buyers to ensure you get a fair price.
Why You Should Check Your Change Today
The Susan B. Anthony dollar is a hidden gem that could turn your spare change into a small fortune. With values ranging from $50 to $25,000, it’s worth taking a moment to inspect your coins. Whether you find a rare proof coin or a wide-rim variety, the thrill of discovery is exciting, and the payout could be life-changing.
Fun Facts About the Susan B. Anthony Dollar
- It was the first U.S. coin to honor a woman.
- The coin’s small size led to its unpopularity, as it was often mistaken for a quarter.
- The 1999 minting was a last-minute decision to meet demand for vending machines.
Start Your Treasure Hunt Now!
Don’t let a valuable Susan B. Anthony dollar slip through your fingers. Grab a magnifying glass, check your change, and see if you’re holding a rare coin worth thousands. With a little effort, you could uncover a piece of history that’s also a financial win. Happy hunting!