Are you curious about the value of your Susan B. Anthony dollar? The Susan B. Anthony (SBA) dollar holds a special place in American coinage, and its value can range from its face value to thousands of dollars, depending on factors like rarity and condition, let HOW.EDU.VN experts help you determine the exact price today. Discover the factors influencing its worth, including mint marks and error coins, and learn how to identify potentially valuable SBA dollars with the help of our coin collecting expert team. Get personalized guidance and maximize your coin’s worth today. Explore valuable insights into coin collecting, numismatic values, and coin valuation to enhance your understanding of this unique currency.
1. Understanding the Susan B. Anthony Dollar
The Susan B. Anthony dollar, often referred to as the SBA dollar, was minted by the United States Mint from 1979 to 1981 and again in 1999. It was the first U.S. circulating coin to feature a real woman, Susan B. Anthony, a prominent figure in the women’s suffrage movement. While these coins are not commonly seen in everyday transactions today, their value can exceed their face value, especially for collectors.
1.1 Historical Context and Significance
The Susan B. Anthony dollar was introduced to replace the larger and less popular Eisenhower dollar. The goal was to create a smaller, lighter dollar coin that would be more convenient for public use. Frank Gasparro, the Chief Engraver of the United States Mint, designed the coin, which features Anthony’s portrait on the obverse (front) and an eagle landing on the moon on the reverse (back), a design adapted from the Eisenhower dollar to commemorate the Apollo 11 moon landing. According to the U.S. Mint, the coin was intended to honor Anthony’s contributions to the nation and promote the use of dollar coins in commerce.
1.2 Design and Key Features
The SBA dollar has several distinct features:
- Obverse: Features a right-facing portrait of Susan B. Anthony with the inscriptions “LIBERTY” and the year of minting.
- Reverse: Depicts an eagle landing on the moon, symbolizing the Apollo 11 moon landing, along with 13 stars representing the original colonies.
- Size and Composition: The coin has a diameter of 26.5 millimeters and weighs 8.1 grams. It is made of a copper-nickel alloy, giving it a silver appearance without containing precious metals.
- Edge: The coin has a reeded (grooved) edge, similar to a quarter, which distinguishes it from other dollar coins.
1.3 Reasons for Lack of Popularity
Despite its historical significance and design, the Susan B. Anthony dollar failed to gain widespread acceptance. Its size and color were too similar to a quarter, causing frequent confusion. This led to its limited use and eventual halt in production after 1981. The coin reappeared briefly in 1999 to meet the demand for vending machines that accepted dollar coins.
2. Factors Influencing the Value of a Susan B. Anthony Dollar
Several factors determine the value of a Susan B. Anthony dollar, including its condition, rarity, and any unique characteristics it may possess.
2.1 Condition
The condition of a coin is a primary factor in determining its value. Coins are graded on a scale from Poor (PR) to Mint State (MS), with higher grades indicating better condition. Coins in uncirculated or mint condition, with minimal wear and tear, are typically worth more than those in circulated condition. Coin grading services like the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC) provide professional assessments of a coin’s condition, which can significantly impact its value.
2.2 Rarity
Rarity is another critical factor in determining a coin’s value. Certain varieties of the Susan B. Anthony dollar are rarer than others due to errors in minting or limited production numbers. These rare varieties can command significant premiums among collectors.
2.3 Mint Marks
Mint marks indicate where a coin was produced and can affect its value. The Susan B. Anthony dollar was minted at three locations:
- P: Philadelphia Mint (no mint mark on the coin)
- D: Denver Mint
- S: San Francisco Mint
Certain mint marks combined with specific years or varieties can increase a coin’s rarity and value.
2.4 Errors
Error coins, which have mistakes made during the minting process, can be highly valuable. Errors can include:
- Double Dies: Occur when the coin die is struck more than once, resulting in a doubled image.
- Off-Center Strikes: Occur when the coin is not struck in the center of the die.
- Planchet Errors: Involve issues with the metal blank (planchet) used to make the coin.
Error coins are often unique and can attract significant interest from collectors.
3. Key Varieties of Susan B. Anthony Dollars to Look For
Several varieties of Susan B. Anthony dollars are particularly sought after by collectors.
3.1 1979-P Wide Rim Variety
The 1979-P Wide Rim variety is one of the most well-known and valuable SBA dollar varieties. It is characterized by the close proximity of the date to the rim of the coin. This variety is relatively rare and can be worth significantly more than a standard 1979-P dollar.
3.2 1979-S Proof Type 2 (Clear “S” Mint Mark)
The 1979-S Proof Type 2 coin is distinguished by a clear “S” mint mark. This is different from the Type 1 version, which has a filled “S” mint mark. Proof coins are made specifically for collectors and have a mirrored finish, making the details more pronounced. The clear “S” mint mark makes this variety more valuable.
3.3 1981-S Proof Type 2 (Flat “S” Mint Mark)
Similar to the 1979-S Proof Type 2, the 1981-S Proof Type 2 coin has a distinctive flat “S” mint mark. As with the 1979-S variety, the mint mark is the key identifier for this coin. Proof coins from 1981 were only available in proof sets, making them less common in general circulation.
3.4 Transition Year Errors
Transition year errors occur when a coin is mistakenly minted on the wrong metal blank. For example, a Sacagawea dollar design imprinted on a Susan B. Anthony dollar blank is a rare and valuable error. Similarly, an SBA design on a Sacagawea blank is also highly sought after.
4. Current Market Value of Susan B. Anthony Dollars
The value of a Susan B. Anthony dollar can vary widely based on the factors discussed above. Here’s a general overview of current market values as of 2024:
| Date & Mint | Circ. Buy | Circ. Sell | Unc. Buy | Unc. Sell |
|---|---|---|---|---|
| 1979-P | $2.00 | $1.05 | $3.00 | $2.20 |
| 1979-P Wide Rim | $10.00 | $6.00 | $30.00 | $22.00 |
| 1979-D | $2.00 | $1.05 | $2.50 | $2.00 |
| 1979-S | $2.00 | $1.10 | $2.50 | $2.00 |
| 1979-S Type 1 Proof | – | – | $8.00 | $6.30 |
| 1979-S Type 2 Proof | – | – | $69.00 | $52.00 |
| 1980-P | $2.00 | $1.10 | $2.50 | $2.00 |
| 1980-D | $2.00 | $1.10 | $2.50 | $1.90 |
| 1980-S | $2.00 | $1.10 | $2.50 | $1.90 |
| 1980-S Proof | – | – | $5.00 | $3.00 |
| 1981-P | $2.00 | $1.10 | $4.50 | $3.50 |
| 1981-D | $2.00 | $1.10 | $4.90 | $3.70 |
| 1981-S | $2.00 | $1.10 | $5.20 | $3.70 |
| 1981-S Type 1 Proof | – | – | $7.00 | $5.00 |
| 1981-S Type 2 Proof | – | – | $200.00 | $175.00 |
| 1999-P | $2.00 | $1.10 | $3.00 | $1.50 |
| 1999-D | $2.00 | $1.10 | $3.00 | $1.50 |
| 1999-P Proof | – | – | $20.00 | $16.50 |
Circ. Buy: Price a dealer might pay for a circulated coin.
Circ. Sell: Price a dealer might sell a circulated coin.
Unc. Buy: Price a dealer might pay for an uncirculated coin.
Unc. Sell: Price a dealer might sell an uncirculated coin.
It’s important to note that these values are approximate and can fluctuate based on market conditions and the specific characteristics of the coin.
4.1 Examples of High-Value Sales
Several Susan B. Anthony dollars have fetched high prices at auctions:
- 1979-P Wide Rim: Coins in near-perfect condition have sold for over $6,000.
- Transition Year Errors: Examples of Sacagawea designs on SBA blanks have sold for over $12,000.
- 1979-S and 1981-S Proof Type 2: These coins can range from $1,955 to higher, depending on condition and market demand.
4.2 Factors Affecting Current Values
- Market Demand: The demand for specific varieties among collectors can drive up prices.
- Economic Conditions: Economic factors can influence the overall coin market, affecting prices.
- Grading Services: Coins graded by reputable services like PCGS and NGC tend to command higher prices due to the assurance of their condition.
5. Where to Buy and Sell Susan B. Anthony Dollars
If you’re looking to buy or sell Susan B. Anthony dollars, several options are available.
5.1 Online Marketplaces
Online marketplaces like eBay, Amazon, and specialized coin collecting websites offer a wide selection of SBA dollars. These platforms provide access to a large number of buyers and sellers, making it easier to find specific varieties or get competitive prices.
5.2 Coin Dealers
Local coin dealers can provide expert appraisals and offer fair prices for your coins. Dealers often have extensive knowledge of the coin market and can help identify rare varieties or errors.
5.3 Auction Houses
Auction houses, such as Heritage Auctions and Stack’s Bowers Galleries, specialize in rare and valuable coins. Selling your coins through an auction house can potentially yield higher prices, especially for rare or high-grade examples.
5.4 Coin Shows
Coin shows are events where collectors and dealers gather to buy, sell, and trade coins. These shows offer an opportunity to network with other collectors and learn more about the coin market.
6. Tips for Identifying Valuable Susan B. Anthony Dollars
Identifying valuable Susan B. Anthony dollars requires a keen eye and some knowledge of coin collecting.
6.1 Inspecting for Mint Marks
Check the coin for mint marks (P, D, or S) and note the year of minting. Certain combinations, like the 1979-P Wide Rim or the 1979-S and 1981-S Proof Type 2, are particularly valuable.
6.2 Checking for Varieties and Errors
Look for any unusual features or errors, such as doubled dies, off-center strikes, or planchet errors. Use a magnifying glass to examine the coin closely for any irregularities.
6.3 Assessing Condition
Evaluate the condition of the coin. Uncirculated coins in pristine condition are generally worth more than circulated coins with wear and tear.
6.4 Consulting with Experts
If you are unsure about the value of your Susan B. Anthony dollar, consult with a professional coin appraiser or a reputable coin dealer. They can provide an accurate assessment of the coin’s value based on its condition, rarity, and market demand. Our HOW.EDU.VN experts are always ready to help you
7. The Legacy of Susan B. Anthony
The Susan B. Anthony dollar serves as a lasting tribute to one of America’s most important figures in the fight for women’s rights.
7.1 Susan B. Anthony’s Contributions
Susan B. Anthony (1820-1906) was a leader in the women’s suffrage movement, advocating for women’s right to vote. Her tireless efforts paved the way for the 19th Amendment to the U.S. Constitution, which granted women the right to vote in 1920.
7.2 Impact on Coinage
The decision to feature Susan B. Anthony on a circulating coin was a significant milestone in U.S. history. It marked the first time a real woman was depicted on a U.S. coin, breaking the tradition of using allegorical figures like Lady Liberty.
7.3 Collectible Value
Beyond its monetary worth, the Susan B. Anthony dollar holds historical and cultural value. It serves as a reminder of the ongoing struggle for gender equality and the importance of honoring those who have fought for social change.
8. Conclusion: Is Your Susan B. Anthony Dollar Worth More Than a Dollar?
While most Susan B. Anthony dollars in circulation may only be worth their face value, certain rare varieties and error coins can be quite valuable. By understanding the factors that influence a coin’s worth, you can determine whether your SBA dollar is a common coin or a hidden gem. Whether you are a seasoned collector or just curious about the value of your coins, the Susan B. Anthony dollar offers an intriguing glimpse into U.S. coinage history.
Are you looking to unlock the hidden value of your Susan B. Anthony dollar? Our team of expert numismatists at HOW.EDU.VN is here to help. With years of experience in coin valuation and a passion for numismatic history, our experts can provide you with a comprehensive assessment of your coin’s worth. Whether you’re curious about a rare mint error or want to understand the market value of your collection, we’re dedicated to providing you with accurate and insightful information.
9. FAQs About Susan B. Anthony Dollars
9.1 Are any Susan B Anthony dollars worth anything?
Yes, while many are worth just over their face value, certain rare varieties distinguished by their date and mint mark are more valuable. The 1981 issues, released exclusively to collectors, hold higher values.
9.2 How rare is a 1980 Susan B Anthony dollar?
The 1980-D Susan B. Anthony dollars are among the more prevalent coins in the series, easily acquired in conditions up to MS66 grade. However, at MS67 grade, they become rare.
9.3 What is the rarest Susan B Anthony dollar?
The 1979-P Wide Rim variety is one of the rarest and most valuable SBA dollar varieties. Other rare types include the 1979-S Proof Type 2 and 1981-S Proof Type 2 coins.
9.4 How can I tell if my Susan B Anthony dollar is valuable?
Check for mint marks, varieties like the Wide Rim, and any errors. Assess the coin’s condition and consult with a coin dealer or grading service if needed.
9.5 Where can I sell my Susan B Anthony dollar?
You can sell your Susan B Anthony dollar on online marketplaces, to coin dealers, at auction houses, or at coin shows.
9.6 What is a proof coin?
A proof coin is a coin made especially for collectors, boasting a mirrored finish and enhanced details.
9.7 What does “MS” grade mean?
“MS” stands for Mint State, indicating a coin is in uncirculated condition. MS grades range from MS60 to MS70, with higher numbers indicating better condition.
9.8 What is a mint mark?
A mint mark is a letter or symbol indicating where a coin was produced. Common mint marks for SBA dollars include P (Philadelphia), D (Denver), and S (San Francisco).
9.9 What is a double die error?
A double die error occurs when the coin die is struck more than once, resulting in a doubled image on the coin.
9.10 What is the significance of the Susan B. Anthony dollar?
The Susan B. Anthony dollar was the first U.S. circulating coin to feature a real woman, honoring her contributions to the women’s suffrage movement.
Ready to uncover the true worth of your Susan B. Anthony dollar? Don’t let your valuable coins sit unnoticed. Contact our team of expert numismatists at HOW.EDU.VN today for a personalized consultation and appraisal. Whether you’re a seasoned collector or new to the world of numismatics, we’re here to provide you with the knowledge and guidance you need.
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