$880,000 1981 Susan B. Anthony Dollar Still in Circulation: Have you ever checked the change in your pocket and wondered if you might be holding a small fortune? Believe it or not, a rare version of the 1981 Susan B. Anthony dollar coin is rumored to have fetched up to $880,000 at auction. Though most coins from this series are only worth face value or slightly more, one specific mint mark can make all the difference.
In this article, we’ll dive into what makes the 1981 Susan B. Anthony (SBA) dollar special, the key features collectors seek, and how you can identify a valuable coin that might still be hiding in circulation.
A Brief History of the Susan B. Anthony Dollar
The Susan B. Anthony dollar was minted from 1979 to 1981 and then again in 1999. It was the first U.S. coin to depict a real woman—Susan B. Anthony, a leader in the women’s suffrage movement. While it was a progressive step in representation, the coin was not popular due to its similarity in size and color to the quarter, which led to confusion among users.
Despite its lukewarm public reception, the coin has become increasingly popular among collectors, especially certain rare versions.
Why the 1981 SBA Dollar Stands Out
Most SBA dollars are worth just a dollar, but the 1981 Susan B. Anthony dollar is considered rarer for several reasons:
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Limited Mintage: The 1981 series was only sold to collectors in mint sets, not released for general circulation—so any 1981 dollar coin found in your change is already unusual.
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High-Grade Condition: Uncirculated or proof coins graded MS-67 or higher by agencies like PCGS or NGC can command premium prices.
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Mint Marks: Coins with certain mint marks (like “S” for San Francisco) and especially rare varieties like the “Type 2” Proof can significantly boost the coin’s value.
The $880,000 Coin – What Makes It Special?
The coin reportedly valued at $880,000 is a 1981-S Susan B. Anthony Dollar Type 2 Proof, in near-perfect condition (PR70). What distinguishes the Type 2 from the more common Type 1 is the clear, well-defined “S” mint mark, whereas the Type 1 has a more blob-like appearance.
Although most collectors won’t find this coin in their pocket change, it’s theoretically possible if a collector’s set was broken up and the coins entered circulation. That’s why it’s worth checking closely.
How to Identify the Valuable Type 2 Coin
Here are the main features you need to inspect:
| Feature | Type 1 (Common) | Type 2 (Rare) |
|---|---|---|
| Mint Mark | “S” looks like a blob | “S” is clearer and more sharply defined |
| Surface Finish | Slightly less reflective | High contrast with mirror-like finish |
| Strike | Soft detail | Sharper and more detailed |
| Circulation | Usually part of mint/proof sets | Minted only for proof sets, rarely circulated |
| Value | $1–$10 | Up to $880,000 in perfect condition |
How to Check Your Coin
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Inspect the Year: Ensure it’s from 1981.
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Look for the Mint Mark: On the obverse (front) of the coin, just above Susan B. Anthony’s shoulder.
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Compare the “S” Shape: Use a magnifier if necessary.
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Check for Proof-Like Qualities: Mirror finish, detailed strike, and frosted appearance on raised areas.
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Consult an Expert: If you think you have a Type 2, consider sending it to a coin grading service like PCGS or NGC.
Final Thought
The idea of a rare 1981 Susan B. Anthony dollar worth up to $880,000 is fascinating—and a powerful reminder that treasure may be hiding in plain sight. While the chances are slim, it costs nothing to check your spare change or inherited coin collections.
Even if you don’t stumble upon a six-figure coin, learning to identify collectible coins can be a rewarding hobby. Who knows? The next time you receive change from a vending machine, you might just strike gold—well, almost.
FAQs
1. What makes the 1981 Susan B. Anthony dollar valuable?
The 1981 SBA dollar is valuable if it has the “S” mint mark and is a Type 2 Proof in excellent condition. These coins were never intended for general circulation, making them rare.
2. Where is the mint mark on a Susan B. Anthony dollar?
The mint mark is located just above Susan B. Anthony’s shoulder, near the edge of the coin on the obverse (heads) side.
3. Can I find a 1981 SBA dollar in my change?
It’s very rare, but not impossible. The 1981 coins were sold in sets, but sometimes coins from those sets get spent.
4. How can I tell if I have a Type 2 “S” mint mark?
The Type 2 “S” is much clearer and more defined than the Type 1, which looks more like a blob. Comparing your coin with verified images online can help.
5. How do I get my coin appraised?
You can send your coin to a professional grading service like PCGS or NGC, or consult a local coin dealer.