$880,000 1981 Susan B. Anthony: The 1981 Susan B. Anthony dollar has been making headlines among coin collectors and enthusiasts, with reports of one specimen valued at a staggering $880,000. This surprising figure has sparked curiosity: is this coin still in circulation, and what exactly makes it so valuable?
The Story Behind the Susan B. Anthony Dollar
Introduced in 1979, the Susan B. Anthony dollar was the first U.S. coin to feature a real woman instead of a symbolic female figure. It was designed to honor Susan B. Anthony, a prominent leader in the women’s suffrage movement. Despite its historical significance, the coin struggled in circulation due to its size and similarity to the quarter, leading to confusion among the public. By 1981, the U.S. Mint produced the last circulation-strike coins before the series was discontinued.
Why the 1981 Susan B. Anthony Dollar Stands Out
While most Susan B. Anthony dollars are worth only face value, certain 1981 pieces have become highly sought after. These coins were not released for general circulation but were instead struck for collector sets. A few rare examples, especially those with pristine condition and unique mint marks or errors, have fetched astronomical prices at auctions. The coin reportedly worth $880,000 is likely one such exceptional piece.
How to Identify the Valuable Susan B. Anthony Dollar
Collectors look for specific indicators that set a valuable Susan B. Anthony dollar apart. One key feature is the “S” mint mark, which denotes the San Francisco Mint. Another important factor is a proof strike or a coin with a flawless surface and sharp details, often graded PR70 by professional grading services. Errors such as double dies or off-center strikes can also dramatically increase a coin’s worth.
Are These Rare Coins Still Found in Circulation?
The likelihood of finding a 1981 Susan B. Anthony dollar of significant value in your pocket change is extremely low. Since most of these coins were produced for collectors, they were never widely distributed. However, a small chance remains that unknowing owners may spend them, unaware of their potential worth. This possibility keeps coin enthusiasts checking every dollar they come across.
What Makes a Coin Worth $880,000?
The reported $880,000 price tag is not for an ordinary Susan B. Anthony dollar but a near-perfect example with unique characteristics. Its value comes from a combination of rarity, demand, and condition. Auction records show that exceptional coins with rare mint marks or proof conditions often command such high prices due to fierce competition among collectors.
Should You Check Your Change?
Although the odds are slim, there is no harm in checking your change for Susan B. Anthony dollars. Look carefully for the 1981 date and mint marks like “S” or errors that might signal a valuable find. Even if you don’t uncover a six-figure treasure, you might still find coins that are worth far more than their face value to collectors.
FAQs
Is the $880,000 Susan B. Anthony dollar real?
Yes, but it is an extremely rare specimen, likely graded in perfect condition and with unique characteristics. Ordinary 1981 Susan B. Anthony dollars are not worth that much.
Can I still find Susan B. Anthony dollars in circulation?
Yes, but they are uncommon, and valuable 1981 versions are even rarer since most were sold in collector sets.
What mint mark should I look for?
Check for an “S” mint mark from the San Francisco Mint, as well as proof-like qualities or any striking errors.
How much are regular Susan B. Anthony dollars worth?
Most are worth only $1, but pristine examples or rare dates can be valued much higher by collectors.
